Canada Oil Prices

Harper: Falling Oil Prices Won't Derail Balanced Budget

CP | The Canadian Press | Posted 12.16.2014 | 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 12.11.2014 | 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 12.11.2014 | 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.