Drilling association forecasts almost no growth in 2020 oilpatch activity
CALGARY—The association that represents Canadian drilling companies is forecasting a minuscule improvement in drilling activity in…
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Canadian insolvencies increase 8.4 per cent over past 12 months to September
TORONTO—The Office of the Superintendent of Bankruptcy says the number of Canadian insolvencies increased 8.4 per cent over the…
Canadian economy lost 1,800 jobs in October
OTTAWA—The number of people working in Canada edged lower in October as the manufacturing and construction sectors lost jobs,…
Magna International cuts 2019 outlook after GM strike in US cuts volume
AURORA, Ont.—Magna International Inc. has cut its outlook for the year on lost volume from the nearly six-week strike by GM…
Ontario fiscal update to focus on return to budget balance: Calandra
TORONTO—Ontario's Progressive Conservative government says its fall economic statement will focus on efforts to balance the books.…
Encana HQ move to US part of oilpatch ‘tragedy’: Cenovus CEO
CALGARY—A decision by Encana Corp. to move its corporate headquarters to the US to gain access to needed investment is part of an…
Bank of Canada business outlook survey suggests uptick in business sentiment
OTTAWA—A new survey by the Bank of Canada suggested that business sentiment in the country has edged higher, but differences…
Finance officials pledge to combat global economic slowdown
WASHINGTON—Global finance officials wrapped up their fall meetings on Saturday with a pledge to "employ all appropriate tools'' to…
Recalls a sign of success, experts say
By VANCOUVER—A wide-ranging recall of hundreds of beef and veal products from restaurants, grocery stores and hotels due to…
Inflation rate hits 1.9 per cent amid lower gas prices
OTTAWA—The annual inflation rate was 1.9 per cent in September for a second-straight month, keeping the indicator close to the…