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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessSummer Wildfires Remain a risk in Canada
Canada could see above-average wildfire activity in June and July, as weather forecasters expect a warmer and drier summer, Reuters said.
- After it’s worst-ever year of wildfires in 2023, Canada has so far had a milder season in 2024, with recent rain alleviating some areas.
- "The good news is that the number of fires is well below average for this time of the year ... That being said, multiple regions are at an elevated risk due to a combination of hot, dry and windy conditions," Emergency Preparedness Minister Harjit Sajjan told reporters.
- The regions most at risk include northwestern Alberta, northeastern British Columbia, and southern Northwest Territories, government officials said.
- Recent wildfires in Alberta drew concern that they could impact output at key oil sands production centres, although operations managed to continue.
- In 2014, wildfires around Fort McMurray in Alberta managed to knock out around 1m b/d of production.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.