Highlights / World oil prices

Economy, International

As expected, Canada’s trade deficit widens as pandemic grows 

To nobody’s surprise, Canada’s trade deficit widened in March as the country was forced to cope with the COVID-19 crisis and the continuing drop in world oil prices. Statistics Canada figures released today show the deficit grew by more than »

Economy, Environment & Animal Life

COVID-19: Oil industry asks for a break as environmentalists scoff

As the price of oil hovers at a tenth of what it was a year ago, Canada’s oil and gas producers are asking Ottawa to freeze the carbon tax and delay new climate change regulations while the industry weathers the »