Given the run-up in oil prices, Canadian oil equities have clearly benefited from the much higher torque. But there is a layer of even better news: The Transmountain Expansion (TMX) continues to look to be in operation by May, which would lead to much better pricing on the Western Canadian Select (WCS). With the current setup for oil markets, we often get this question from investors: How sustainable is the rally in Canadian energy names?

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