MONTREAL -- Molson Coors Brewing Co. says a sluggish economy and higher food prices are affecting beer drinking in Canada's oil-rich provinces.
Canadian stocks slumped a fifth day on Thursday joining a sell-off in markets around the world amid waning confidence central banks can support the global economy, as commodities prices fall and growth stalls.
Energy companies are digging in for another year of downturn by slashing spending, costs and staff as crude prices dip to new multiyear lows.
On a recent visit to Montreal, the head of Energy East was all smiles as he spoke about how his company is listening to Quebecers' concerns about the deeply divisive pipeline project.
Wages are falling for new hires across the country, fresh data shows, as the resource downturn ripples into hourly compensation levels throughout Canada's job market.