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

Canada September 05, 2026 08:04 PM
Crackageddon is upon us and Canadian refineries are raking it in: FP Video explains

This 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?

How Canada’s nuclear race is a lot like the cola wars

Canada’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’ mounts

Refineries 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?

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?