Canada's oil producers are being told to brace for more bad news, even as they struggle to cope with a collapse that has driven prices down by nearly 60 per cent from their peak last June.
After governments abandon fiscal prudence, they will soon search for any and all ways to tax people more. This is the reality playing out in Alberta where Premier Jim Prentice has floated multiple tax increase trial balloons.
OTTAWA - The Bank of Canada surprised financial markets by cutting its key interest rate by 0.25 per cent on Wednesday, reported CBC News.
TORONTO - The Toronto stock market closed slightly higher Friday as consumer stocks advanced in the wake of a strong retail report and energy stocks climbed amid questions about whether the death of Saudi Arabia's King Abdullah could mean a change ...
The B.C. government is throwing out the welcome mat hoping to capitalize on layoffs and project cancellations in the Alberta oil patch.