Natural Resources Minister Tim Hodgson said he is “deeply disappointed” by Imperial Oil Ltd.’s decision to cut around 900 jobs, primarily in Calgary, as part of a major restructuring that could lead ...
Cynthia Leach, Royal Bank of Canada (RBC) assistant chief economist, told Financial Post that Canada strongly relies on immigrants for its population growth, given its typically low natural population ...
Calgary, widely known as the headquarters city for Canada’s oilpatch, already leads the country with the highest office vacancy rate — 20 per cent — the legacy of an oil price glut in 2014 that ...
John Pasalis, president Realosophy Realty and Steve Saretsky, realtor with Oakwyn Realty talk to Financial Post’s Larysa Harapyn about the state of Canada’s real estate market from coast to coast.
The elimination of a US$7,500 consumer tax credit and softening of emissions rules will sharply curtail EV demand in the United States, according to chief executive Jim Farley. He predicted the share ...
Critics of increasing supply think the affordability solution lies in unlocking millions of vacant homes across the country. Regrettably, Canada doesn’t have millions of vacant homes. This myth was ...
Natural gas producers are scrambling to cut production as prices in Western Canada plunge below zero — a rare phenomenon brought on by a massive supply glut and the slower-than-expected ramp-up of a ...
Chinese turbine maker Ming Yang Smart Energy Group Ltd. has hired German chemical giant BASF SE’s head of renewables as its new European chief executive, hoping to regain footing in the region’s wind ...
Many investors and executives in Canada’s oil and gas industry say they doubt a major new pipeline will make Ottawa’s list of priority projects, ATB Capital Markets reported in its fall energy sector ...
The report said 13 per cent of the 2,500 residents surveyed across Canada are actively trying to buy their first home within the next two years, but 82 per cent are planning to hold off for at least ...
Toronto is ground zero for Canada’s condo implosion. If you’re among the potential buyers surveying Toronto’s overbuilt condo market, you understandably don’t want to catch a falling knife. So, here’s ...
Cenovus’s offer is to be paid three-quarters in cash and a quarter in stock, a bid that’s worth about $28.75 per MEG share, based on market prices early Friday afternoon. Cenovus expects the ...
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