Crackageddon is upon us and Canadian refineries are raking it in: FP Video explains

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeNewsCrackageddon is upon us and Canadian refineries are raking it in: FP Video explainsPlus, Alberta and Saskatchewan are looking at a whopping 70 data centre proposalsLast updated 36 minutes ago Imperial Oil’s renewable diesel facility in Strathcona, Alberta. Photo by Postmedia fileThis week, FP Video looks at the resemblance between Canada’s latest push to build out nuclear energy and the cola wars of the 1980’s, oil refineries making record high profits off diesel fuel, and will the boom in data centre construction in Alberta and Saskatchewan be a boom or bust?THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountHow Canada’s nuclear race is a lot like the cola warsCanada’s nuclear revival has sparked a marketing battle between two major suppliers. And there are some parallels to an epic dustup in a different industry from a generation ago: the cola wars between Coca-Cola and Pepsi. In the latest marketing matchup, AtkinsRéalis is promoting homegrown CANDU reactors, while Cameco and Brookfield are behind Westinghouse’s AP1000. Watch to find out more about the fight for dominance in Canada’s nuclear industry.Canadian refineries have never made so much off diesel as ‘Crackageddon’ mountsWe apologize, but this video has failed to load.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againRefineries have never made so much from diesel. The gap between what they pay for a barrel of oil and what they get back for the refined fuel is at record highs.Data centre rush in Alberta and Saskatchewan: Boom or burden?We apologize, but this video has failed to load.Alberta and Saskatchewan are now considering roughly 70 possible data centre projects and grid requests. Governments see investment, jobs and Canadian computing capacity. Residents are demanding answers about power, water, farmland and consultation. We look at new rules and ask: how many proposals will actually get built?This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.