Canada Oil Prices

Is This Oil Downturn A Repeat Of The 1985 Crash?

CP | Lauren Krugel, The Canadian Press | Posted 11.19.2015 | Canada Business

The 1985 downturn lasted about a decade.

Althia Raj

'Thin' Fiscal Plan Put Mulcair On Spot: Ex-Budget Watchdog | Althia Raj | Posted 09.19.2015 | Canada Politics

“I told them, ‘Yeah, there are repercussions when you put out a document that is thin. You put Mr. Mulcair on the spot.'"

Harper's Claim About Economy Contains 'A Lot Of Baloney'

CP | Mike Blanchfield, The Canadian Press | Posted 08.28.2015 | Canada Politics

80 per cent of Canada's economy is growing? Er. Not quite.

Oil Prices Won't Bounce Back Anytime Soon: Conference Board

CP | Lauren Krugel, The Canadian Press | Posted 05.25.2015 | Canada Business

CALGARY - The Conference Board of Canada delivered bad news Wednesday for those hoping the pain from the latest crude oil downturn will subside any ti...

Canada's Trade Deficit Widens

CP | The Canadian Press | Posted 05.06.2015 | Canada Business

OTTAWA - Plunging oil prices took a bite out of the value of Canada's exports as the country posted a trade deficit of $2.5 billion for January, the l...


CP | Posted 01.21.2015 | Canada Business

OTTAWA -- The looming economic threat of sliding oil prices is forcing the Bank of Canada to unexpectedly cut its trend-setting rate to three quarters...

Federal Budget To Be Delayed: Oliver

CP | Andy Blatchford and Lauren Krugel, The Canadian Press | Posted 03.17.2015 | Canada Politics

The next federal budget won't be tabled until at least April to give the government more time to gauge just how badly tumbling oil prices will hit the...

Cheap Oil May Actually Be Good For The Economy

CP | Andy Blatchford, The Canadian Press | Posted 03.06.2015 | Canada Business

OTTAWA - Perhaps an era of cheap crude won't be so bad for Canada after all.A new bank forecast argues the financial blows of low oil prices on the Ca...

Canadians Could Save $12 Billion On Gas.. But There's A BIG Downside

The Huffington Post Canada | Jesse Ferreras | Posted 01.02.2015 | Canada Business

Slumping oil prices could save Canadians as much as $12 billion at the gas pumps this year. But the lower cost is also very bad news for federal an...

This Is The Top Business Story Of The Year

CP | Lauren Krugel, The Canadian Press | Posted 03.01.2015 | Canada Business

CALGARY - From Alberta oilfields to Bay Street boardrooms to the gas station on the corner, the precipitous drop in crude prices is expected to have f...

Alberta Will Be $11 Billion Poorer: Prentice

CP | The Canadian Press | Posted 02.18.2015 | Canada Alberta

CALGARY - Alberta Premier Jim Prentice says a number of capital projects, including a new cancer-care centre in Calgary, may have to be delayed due to...

Harper: Falling Oil Prices Won't Derail Balanced Budget

CP | The Canadian Press | Posted 02.15.2015 | Canada Politics

QUEBEC - Falling oil prices will reduce Ottawa's fiscal flexibility but will not prevent the government from posting a balanced budget next year, Prim...

Slippery Slope

CP | Andy Blatchford, The Canadian Press | Posted 02.09.2015 | Canada Business

OTTAWA - Provincial finance ministers are having their first face-to-face meeting with federal counterpart Joe Oliver this weekend and it's expected t...

Prentice Won't Spend Way Out Of Low Oil Prices

CP | The Canadian Press | Posted 02.09.2015 | Canada Alberta

EDMONTON - Alberta Premier Jim Prentice says his government doesn't plan to spend its way out of the problems created by the falling price of oil.Pren...

Is Alberta's Flat Tax Coming To An End?

The Huffington Post Alberta | Michelle Butterfield | Posted 11.20.2014 | Canada Alberta

Are Alberta's days of a 10 per cent flat tax coming to an end? Premier Jim Prentice says while the province won't consider a sales tax, he hasn't r...

Rising Oil Prices A Double Loss For Canadians: Carney

CP | Posted 04.05.2012 | Canada Business

OTTAWA -- The recent run-up of oil prices is not bringing the usual benefits for the economy and an enduring or pronounced spike will hurt consumers, ...

Debt Deal No Help: TSX Drops 5.5. Per Cent In Six Sessions

CP | Posted 10.02.2011 | Canada Business

TORONTO - North American stock markets tumbled Tuesday as relief over the rise of the U.S. debt ceiling was countered by rising worries that economic ...

How Long Will Canadian Oil Sand Producers Be Disconnected From World Prices?

Jeffrey Rubin | Posted 09.05.2011 | Canada
Jeffrey Rubin

Just like water doesn't flow uphill, oil can't be expected to flow in ways that defy price gravity. Basic economics says Canadian oil will ultimately flow to where it gets its greatest return. And that isn't to already near full storage tanks in Cushing.