Quote:
Originally Posted by Dynamic
Maybe I’m missing something obvious but my first take was the policy change doesn’t take effect until January 1st so the little spike a few days at the end of December is not normal market driven influences.
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Could be, but the overall December spread between Canada and Alberta kept widening so the 10 cent or so jump was really just getting it back to normal spreads that the roc had seen the previous two weeks.
I thinking taking the daily average delays in between policy changes so at the end of Jan look back compared against October to December would tell us.
To clarify my thoughts it’s that in the previous tax cuts there wasn’t evidence of gouging and we don’t yet have evidence today of gouging. That evidence may happen over the next month but given previous behaviour it’s unlikely.