The Canadian dollar has slipped below 80 cents US for the first time in almost six years. The loonie closed at 79.87 cents US on Wednesday, down about three-quarters of a cent from Tuesday's close.
(Adds comments from Suncor, government and quote from complainant). By Mike De Souza. OTTAWA Jan 28 (Reuters) - A North American Free Trade Agreement (NAFTA) panel has halted a probe of Canada's oversight of oil sands tailings ponds following a ...
Cenovus Energy Inc. slashed $700-million from its 2015 budget and shelved two more of its oil sands expansion projects, joining a growing list of major energy companies putting off spending in northern Alberta in reaction to sliding crude prices.
TORONTO - The Toronto stock market was sharply lower Wednesday as oil closed below the US$45 mark amid data showing U.S. crude supplies at 80-year highs.
Ottawa has restricted Burger King from axing more than 20 per cent of corporate staff at Tim Hortons' longtime headquarters or regional offices, an Industry Canada spokesman confirms.