The Globe and Mail (subscription)Economic hit spreads beyond oil patch: Bank of CanadaThe Globe and Mail (subscription)The hit to jobs and investment from the oil price plunge is spreading beyond the oil patch, according to businesses surveyed by the Bank …
Financial PostOdds of another Bank of Canada rate cut rise as oil and jobs outlook dimsFinancial PostThe Bank of Canada left rates at 0.75% March 4, saying it was waiting to assess the impact of the January cut, which it called insurance against the declin …
Financial PostRBC cuts Canada's growth outlook but says oil plunge won't 'derail' economyFinancial PostOTTAWA — Canada's largest commercial bank expects the impact of weaker oil prices to slow — not “derail” — overall economic growth th …
Is Oil Returning to $100 Or Dropping To $10?OilPrice.comIf you have been following the price of oil over the last few months, the chances are you're a little confused. On the one hand you have the likes of A. Gary Shilling who, in this Bloomberg articl …
TODAYonlineSlumping Oil Prices Hit Calgary HousingWall Street JournalIn just two years, an oil-fed real-estate boom had changed the face of Canada's energy capital. As demand for downtown housing surged, property developers snapped up more of the city& …
Crude collapse leads to layoffs, public spending cuts in Canada's oil patchThe Globe and MailThe 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 a …
CBC.caIt's time Canada did some long-term thinking about oilThe Globe and MailIf lower oil prices are as bad for Canada's economy as rate-cutting Bank of Canada Governor Stephen Poloz insists, the central bank might consider assessing the risks to …
Five oil workers still missing from Mabruk oil field attackLibya HeraldFive oil workers – three Filipinos and two Nigereans – are understood to still be missing following Tuesday's attack on the Mabruk oil field, during which at least ten people were k …
CBC.caJob figures show oil-price drop hasn't sunk employmentCBC.caOil companies across Canada have been slashing their budgets. In previous months, those cuts have not showed up in Canadian unemployment numbers, but today's job numbers offer a new …
Christian Science MonitorWhat a North American oil slowdown means for global supplyChristian Science MonitorWhat the current oil price slump means for world oil supply is starting to emerge. "Layoffs," "cutbacks," "delays," an …