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Oil firms to slash $23-billion from spending in Western Canada: CAPP - The Globe and Mail
CBC.ca | Oil firms to slash $23-billion from spending in Western Canada: CAPP The Globe and Mail Oil companies will slash $23-billion from their capital spending in Western Canada this year as a result of lower oil prices, a move that will shave 120,000 barrels a day from expected production in 2016, the Canadian Association of Petroleum Producers ... Falling oil hands Stephen Poloz a free interest rate cut Bank of Canada expected to slash outlook most since 2008 as oil rout plunges ... Bank of Canada Shocks With Rate Cut “Insurance” Against Oil Slump |
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