What data tells us: What's the impact of COVID-19 on the Canadian fuel market?
COVID-19 has had an enormous impact on the Canadian retail fuels and convenience sector. Consumers are enjoying pump prices not seen since 2008, but fuel marketers are facing an unprecedented drop in demand — and revenue. What does this mean for the rest of 2020 and beyond?
Michael Ervin will share some findings from Kent Group’s KMI analytics that will portray the short-term impact of COVID-19. More importantly, he will describe some of the “leading indicators” that will determine when — or if — the retail fuels and convenience industry will ever see a return to normal.
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