CBC.caOil production growth means no quick price fixCBC.caOil prices were in recovery Wednesday after a three-week slide that took West Texas Intermediate crude to a six-year low last week. But a new report today warns that oil prices are unlikely to bounc …
The Globe and Mail (subscription)Oil slump weighs on Canadian economyThe Globe and Mail (subscription)As oil stubbornly lingers below $50 (U.S.) per barrel, troubles are mounting for the Canadian economy and the job market. The economy is projected to expa …
CBC.caLower oil prices dampen Canadian growth outlook, TD saysCBC.ca"Energy rich provinces like Alberta are going to feel the pain quite acutely," Alexander said. "But in actual fact much of the rest of the country is going to benefit from l …
CBC.caCanadian dollar jumps ahead on weaker greenback, stronger oilCBC.caThe Canadian dollar moved higher Monday amid an uptick in oil prices and a weakening U.S. dollar. At midday, the loonie was at 79.80 US cents, up 1 ½ cents from its low last week. Aft …
BBC NewsOil and gas firms expect Budget tax cutsBBC NewsThe oil and gas industry has high expectations this year's Budget will deliver substantial tax cuts. Ministers have made it clear reducing the tax bill to encourage further investment is a high pr …
CBC.caDow, oil head lower on eve of Fed meetingCBC.caOil was also falling because of a continuing glut of supply. The West Texas Intermediate crude contract, traded in New York, was down 74 cents to $43.14 US a barrel and Western Canada Select, a common Ca …
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 …
Low oil price doesn't change Canada's westward shift, France saysThe Globe and MailNow, four months later, oil prices are hovering around $50 and Alberta's economy is expected to contract, not grow, this year. And the French still think they ha …
Canada's inflation at 14-month low on slumping oil pricesThe Globe and Mail (subscription)After peaking at 2.4 per cent in October, Canada's inflation rate has been in rapid retreat, driven by the sharp decline in the price of oil. But the core inf …
CBC.caCanadian dollar jumps to 80 cents as oil hits $51CBC.caTraders said a weaker U.S. dollar boosted oil purchases Thursday, as it made oil cheaper. However, there also are reports that oil companies are filling up storage tanks and holding oil in ships …