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Top Links: Oil patch death toll is good news for Canadian investors Add to ...

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A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading this morning on the Web

The apparent demise of two major U.S. shale oil producers is good news for Canadian investors in the short term but might not make a huge difference in the longer term. It puts domestic investors in the ethically sketchy position of cheering on corporate bankruptcies, and all the job losses they entail, but the point remains that the financial failure of shale producers will be required to ease the North American crude supply glut.

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