The severity of the decline in the oil and gas industry in Canada, and not only in Alberta, is made clear in Statistics Canada’s just-released report on businesses’ spending intentions …
Oil drags capital spending down, though some bright spots remain: Statistics Canada Read More »
A positive performance by Canada’s manufacturers has economists speaking of higher-than-forecast growth in the first quarter, and growing momentum in the manufacturing sector. Statistics Canada reports that manufacturing sales grew …
January manufacturing sales best ever: Statistics Canada Read More »
Despite soaring costs, the first new oil refinery in Alberta in more than thirty years is a good and necessary investment, says the CEO of North West Upgrading Inc. which …
First new Canadian refinery in 30 years now on track for 2017 Read More »
Canada’s national shipbuilding procurement strategy, announced more than five years ago, with a price tag of $40 billion, will see the building of up to fifteen new combat ships and …
Irving Shipbuilding looking to lure workers back east from Alberta Read More »
Canada’s economy could lose as many as 185,000 jobs in 2015 as a consequence of reduced spending in the oil and gas industry. A new report from the Petroleum Labour …
Major job losses predicted on oil spending slump Read More »
Canada’s forestry industry is taking up some of the slack in Alberta’s job market, what with layoffs and declining revenues in the oil patch. The president of the Alberta Forest …
Forestry sector providing job relief for former oil patch workers Read More »
Canadian auto sales were stronger that expected in 2014, rising 6 per cent to a record 1.85 million units. The Scotiabank Global Auto Report is projecting that sales will be …
Expect record-high auto sales in 2015: Scotiabank Read More »
Export Development Canada (EDC) says that while Canada did better than most of the world’s developed economies throughout the recession thanks to its “relative internal strength,” we have now got …
Exports, especially oil, driving Canada’s growth: EDC Read More »
