National Bank says it will take a $195-million after-tax provision for bad loans in the second quarter, with the bulk of that related to credit losses in the beleaguered oil and gas sector.
MONTREAL - SNC-Lavalin (TSX:SNC) is bullish on oil and gas, saying that business will be one of its two main profit generators this year.
The cost of a Canadian home in terms of how much you have to work to pay for it has surged in recent years, a new analysis of data from the Broadbent Institute in Ottawa said Thursday.
Anzac, Alberta - A massive wildfire that has forced the evacuation of all 88,000 people from the western Canadian oil city of Fort McMurray, burned down 1,600 structures, and caused oil prices in Asia to climb, has the potential to destroy much of the ...
The parent company of Richmond, B.C.-based CHC Helicopters has filed for Chapter 11 bankruptcy protection in Texas, saying it has been a victim of the dramatic slump in oil prices.