Oil Prices Canada

Canada Will Take Longer To Recover From Oil Shock Than BoC Said

The Huffington Post Canada | Jesse Ferreras | Posted 04.20.2016 | Canada Business

Strap in! It's going to be a long ride.

Think Oil Crash Hit Canada Hard? Check Out These Countries

The Huffington Post Canada | Jesse Ferreras | Posted 04.21.2016 | Canada Business

One country even changed its time zone to save energy.

$30 Oil Better Than $40 Oil In Canada's 'Twilight Zone' Economy

The Huffington Post Canada | Daniel Tencer | Posted 04.15.2016 | Canada Business

We'd be better of with lower oil prices and a lower loonie, CIBC says.

This 1 Chart Shows Canadians Are Being Screwed At The Pumps

The Huffington Post Canada | Jesse Ferreras | Posted 01.27.2016 | Canada Business

These prices are defying history.

Loonie Flirts With 70 Cents U.S. As TSX Falls For 9th Day

CP | The Canadian Press | Posted 01.11.2016 | Canada Business

TORONTO — The rapidly falling price of oil dragged down Toronto's stock market on Monday amid lingering worries for the country's economic outlook t...

TSX Post-Christmas Slump Continues As Oil Falls

CP | Peter Henderson, The Canadian Press | Posted 12.30.2015 | Canada Business

"We started the year with crude prices dictating the performance of the TSX and we're going to end the year that way as well."

TSX Took A Beating In 2015 And Has Another Challenging Year Ahead

CP | Craig Wong, The Canadian Press | Posted 12.24.2015 | Canada Business

If you go to the bank to fund a project, "it is going to cost you a lot more today than a year ago."

Finance Ministers Question Fairness Of Equalization Formula

CP | Andy Blatchford, The Canadian Press | Posted 12.21.2015 | Canada Business

Alberta and Saskatchewan, despite being hit by oil prices, will continue to pay into the program as "have" provinces.

$35 Oil Would Cause House-Price Collapse: CMHC

The Huffington Post Canada | Daniel Tencer | Posted 12.01.2015 | Canada Business

Canadian house prices would drop 26 per cent on average if oil fell to $35 a barrel and stayed there for five years, says the CEO of Canada Mortgage a...

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.

Cheap Oil Good For Canada And The World, Scotiabank CEO Says

CP | Alexandra Posadzki, The Canadian Press | Posted 08.28.2015 | Canada Business

TORONTO — Concerns about the prolonged decline in the value of crude have left a dark cloud hanging over the banks, but the chief executive of Scoti...

Oil Prices Rebound, Biggest One Day Gain Since 2008

CP | The Associated Press | Posted 08.27.2015 | Canada Business

Oil has been trading near a 6 1/2 year low because of worries about the health of China's economy, concerns that had punished other commodities as well as global stock markets.

Oil Prices Hit Six-Year Low

CP | Ian Bickis, The Canadian Press | Posted 08.19.2015 | Canada Business

The drop in oil prices comes as Canadian producers struggle with a high discount to the U.S. benchmark after a major shutdown at a refinery that processes  Canadian heavy oil.

Gas Prices Soar In Western Canada As Canadian Crude Hits Decade Low

The Huffington Post Canada | Daniel Tencer | Posted 08.13.2015 | Canada Business

Shutdown of U.S. refinery sends Canadian oil down, gas prices up More pain at the pumps to come for Western Canadians Lower loonie adds 11 cents...

Oilsands Producing Below Cost As Canadian Crude Hits 10-Year Low

Reuters | Posted 08.12.2015 | Canada Business

Heavy Canadian crude slumped to its lowest level in at least a decade on Wednesday after Enbridge Inc closed two of its main pipelines in the United S...

Oilsands Producing Below Cost As Canadian Crude Hits 1-Year Low

Reuters | Posted 08.12.2015 | Canada Business

Heavy Canadian crude slumped to its lowest level in at least a decade on Wednesday after Enbridge Inc closed two of its main pipelines in the United S...

Low Fuel Prices Send Air Canada Profit Into Stratosphere

CP | Posted 08.12.2015 | Canada Business

MONTREAL — Air Canada (TSX:AC) says its net income in the second quarter was $296 million, up 33 per cent from the comparable period last year, as t...

Economic Downturn Is Only Temporary: Harper

CP | Andy Blatchford, The Canadian Press | Posted 08.03.2015 | Canada Politics

Stephen Harper made an effort on the campaign trail Monday to reassure Canadians about their limping economy, insisting that hurdles like the sliding price of crude oil have caused only momentary ripples in some sectors.

$200 Billion In Oil Projects Cancelled, Nearly A Third In Canada

The Huffington Post Canada | Daniel Tencer | Posted 07.27.2015 | Canada Business

Worst oil price crash in 45 years, Morgan Stanley says Nearly one-third of $200B in cancelled projects are in Canada Energy industry now a drain...

Cheap Oil, Pricey Gas ‘A Lose-Lose Situation': BMO

The Huffington Post Canada | Daniel Tencer | Posted 07.22.2015 | Canada Business

There was supposed to be a silver lining to the oil price collapse that has devastated Western Canada’s economy. Lower energy prices would lead to l...

Oil Patch Puts On Brave Face As Prices Slide Again

CP | Lauren Krugel, The Canadian Press | Posted 07.07.2015 | Canada Business

CALGARY - With oil prices drifting closer to US$50, energy executives in downtown Calgary are trying to stay positive.Apart from the crude drop and st...

A Look At Canada's Oil Sector Before And After The Collapse

CP | Lauren Krugel, The Canadian Press | Posted 05.19.2016 | Canada Alberta

In June 2014, the U.S. benchmark crude price averaged US$105.79 a barrel. By January of this year, it had shrivelled to just US$47.22.

Oil Price War 'Has Just Started'

The Huffington Post Canada | Daniel Tencer | Posted 05.13.2015 | Canada Business

For those hoping that the recent run-up in oil prices means the end of Western Canada’s economic pain, the International Energy Agency has bad news:...

Alberta Oil Has Soared 80% Since March

CBC | Posted 05.12.2016 | Canada Business

The price of heavy oil from Canada's oilsands has quietly rebounded by 77 per cent in the past six weeks, far better than the comeback in other type...

5 Things We Can Expect To Learn From The Oil Patch Next Week

CP | Lauren Krugel, The Canadian Press | Posted 06.24.2015 | Canada Alberta

CALGARY - This coming week the toll of weak oil prices will be thrown into stark relief as some of Canada's biggest energy names report first-quarter ...