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Regional News: Canada

 
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Canada's Oliver Says Economy In 'Pretty Good' Shape Despite Oil
Friday, January 16, 2015 Canadians should not be "unduly pessimistic" about the economic impact of the recent slide in oil prices, Finance Minister Joe Oliver says.

Canada Postpones Three Amigos Summit Amid Keystone XL Tension
Thursday, January 15, 2015 Canada postpones a summit with the leaders of the United States and Mexico amid persistent tensions over the construction of TransCanada's Keystone XL pipeline and other issues.

Alberta Likely To Face Recession Because Of Low Oil Prices
Tuesday, January 13, 2015 Alberta's oil-heavy economy will likely dip into recession as oil prices plunge, according to a report by a Canadian economic think-tank.

Canadian Natural Resources Cuts 2015 Capex Forecast By 28%
Monday, January 12, 2015 Canadian Natural Resources, the country's largest independent oil producer, cut its 2015 capital expenditure and production forecast as global oil prices continue to slump.

Shell To Cut 5 To 10% Of Jobs At Canada Oil Sands Project
Friday, January 09, 2015 Shell will cut from 5-10% of the about 3,000 jobs at its Albian Sands mining project in northern Alberta, a company spokesman says.

Canada PM: Resilient Oil Industry Will Survive Low Prices Shock
Thursday, January 08, 2015 Canadian Prime Minister Stephen Harper says the country's energy industry was resilient and could survive the stresses caused by plunging crude oil prices.

Canada's ARC Resources Latest To Cut Budget As Oil Prices Fall
Wednesday, January 07, 2015 ARC Resources says it will cut an already reduced 2015 capital spending budget by nearly 15%.

High Noon on the Gulf Coast: Canada, Saudi Oil Set for Showdown
Tuesday, January 06, 2015 A brewing battle between Canadian and Saudi Arabian heavy crudes for the Gulf Coast refinery market threatens to drive oil prices even lower.