An internal federal analysis foresees a stretch of job-market moderation in Canada's near future following an extended period of healthy employment growth — an economic shift expected to play out as political parties calibrate their pre-election pitches for 2019.
The plan opens up 90 percent of U.S. offshore reserves to private companies: from 2019 to 2024, forty-seven new leases are planned for the waters off Alaska, California, the Eastern seaboard and Gulf of Mexico.
Premier Rachel Notley says 2018 will focus on Alberta's fragile but rebounding economy, specifically a road map to get back to budget balance in five years.
Fresh off uniting Alberta's feuding, floundering centre-right to forge a unified opposition, Jason Kenney begins work in 2018 to build on those gains ahead of a provincial election.
The Bank of Canada left its benchmark interest rate unchanged on Wednesday, October 26, 2017, following two straight hikes, but suggested future increases are still likely, albeit at a more-gradual pace.
In another sign the bloom is off the boom for the oilsands, the industry has returned almost one million hectares of northern Alberta exploration leases to the province over the past two years.
The National Energy Board has revised down its long-term outlook for oil prices and Canadian production in the face of lower global industry costs and stricter environmental regulations.
The central bank’s latest business outlook survey said that companies hit hard by the oil price slump reported that indicators of future sales, such as new orders, haven't improved in the past year.