User: Brian Ripley: CAD Debt & Credit: Oil & Gas Reserves % of Loans

Oil & Gas Reserves % of Loans

I suspect Canada's "information regime" is going to change abruptly if it has not not already. Loans officers are going to be actually looking at the collateral underlying the loan instead of green lighting every manic bid this rising market proposes. More charts on this at www.chpc.biz

Image added from chpc.biz/history-readings

Comments

anjing bauanjing bau
http://www.bloomberg.com/news/articles/2016-02-25/edc-provides-c-750- million-in-emergency-funds-to-oil-gas-firms 
 
WCP just raised 100M .... RRX just raised 100M.... ENB just raised 2B .... BXO just took itself private... private equity firms are waiting in the wings to buy into the distressed names.....CPP owns 20% of TOG oil and gas....... 
 
How is the Toronto real estate crash progressing Brian? 2/26/16
...