Potash Corp of Saskatchewan, the world's biggest fertilizer company by capacity, cut its full-year profit forecast for the second time, but said potash markets had reached their low point.
Alberta's wildfires took their toll on Suncor Energy Inc. in the second quarter, squelching production and resulting in a major net loss as the company was forced to shut down much of its oil sands operation.
Philip Gauthier sticks his head down a water well he has not used in about a dozen years. The hole is dark, but he can see water about six metres down.
This unending turbulence has finally beat me into submission. I may never understand why we've embraced wild markets that whipsaw back and forth, but I have come to accept that fighting our irrational groupthink is futile.
Newfoundlanders and Labradorians will get a very small break at the pumps this week, as gasoline and diesel are both down less than a cent.