Warnings about the Canadian property market are nothing new. International business publications and global banks have been calling it a bubble for years.
CALGARY - Husky Energy (TSX:HSE) says gains from asset sales propelled it to a $1.4-billion profit in the third quarter. The profit amounted to $1.37 per share, which contrasted with a year-earlier loss of $196 million or 20 cents per share.
Suncor reported a $392 million net profit in the third quarter of the year, well exceeding some analyst expectations of a loss. Canada's largest energy company says that it pulled cash operating costs per barrel of oil down by 18 per cent over the past ...
Canadian oil producer Cenovus Energy Inc reported a quarterly loss, compared with profit in the year-ago period, when it recorded a $1.9-billion after-tax gain.
Saskatoon voters have elected Charlie Clark as the city's mayor-elect. Clark defeated incumbent Don Atchison who was seeking a fifth term.