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Exxon Mobil CDR (CAD Hedged)
Symbol XOM
Shares Issued 2,300,000
Close 2026-09-04 C$ 28.71
Market Cap C$ 66,033,000
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Globe says KKR, others keen to buy more Canada

2026-09-08 08:02 ET - In the News

See In the News (C-KKR) KKR CDR (CAD Hedged)

The Globe and Mail reports in its Saturday edition that for decades, seamless trade with the United States was one of Canada's biggest selling points on the global stage. The Globe's Tim Shufelt asks what happens when you take away preferential access to the world's biggest economy? Would global investors walk away from Canada altogether? Funny thing, though. Roughly 20 months into this continental scrap, inbound investment is picking up. Foreign direct investment (FDI) is on the upswing, having outpaced outbound FDI in 2025 for the first time in 12 years. Prime Minister Mark Carney has been busily pitching Canada as a dependable partner as the U.S. proves itself, day by day, to be anything but. Mr. Carney is aiming very high: make Canada an investment hub and "catalyze" $1-trillion in new investment over the next five years. The big names in American energy are focused more on Canada than they are on Venezuela, where the U.S. has secured control of 65 billion barrels of oil reserves. Last week, private-equity giants KKR and Apollo committed $2.7-billion to the expansion of Enbridge's Westcoast natural gas pipeline. Also, Exxon and ConocoPhillips are committing serious money to their Canadian oil-sands operations.

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