Posthaste: Beleaguered no more? Canadian oil stocks are now world beaters

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Posthaste: Beleaguered no more? Canadian oil stocks are now world beaters
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And why auto insurance rates are surging in Ontario and Alberta

Good morning!The Financial Post is launching Down to Business, a brand-new podcast, aimed at at tackling the hottest topics in Canadian business. Each week, host Emily Jackson will speak to key industry players to break down the biggest stories happening in Canadian business — from pot to pipelines, real estate to international trade wars.

The Canadian oilpatch may not be as beleaguered as previously thought. Indeed, in the last little while, they might be even have become world beaters: The S&P/TSX Capped Energy Index is up just over 20.37 per cent year-to-date, outperforming the U.S. S&P Energy Index, which is up 19.58%, according to Bloomberg data. The MSCI Europe Sector Index was up 13.06 per cent during the period, writes Geoffrey Morgan.

A new report says auto insurance rates are surging, with women experiencing higher increase in premiums in the first quarter compared to men. Industry observers blame the departure of several insurers from two of the largest markets in Canada as one of the factors that has led to the surge. Have you experienced a hike in your rates, too? Send your tips, comments and stories to [email protected] — @Yad_FPEnergy.

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