Crude collapse leads to layoffs, public spending cuts in Canada's oil patch The Globe and Mail The collapse in global crude prices is exacting a heavy toll on Canada's oil patch and governments, with industry layoffs now mounting into the thousands and public spending getting slashed. A series of deep cuts in the energy sector on Thursday, from ... Ewart: Oil woes driving Alberta's downward economic spiral Husky cuts spending plan again to help ride out oil's collapse Husky looking for $600M in operational savings amid low oil prices |