And despite
recent declines in oil prices, the federal deficit will be eliminated in 2015 - 16 and possibly even one year earlier.
Mr. Oliver had told him not to worry about
the recent decline in oil prices.
With
the recent decline in oil prices it has left Canada's economy slightly shaken leaving many investors very anxious.
2014.12.12 Canada's economy to benefit from broader export demand in 2015: RBC Economics Canada's economy is expected to see higher export growth in 2015, despite
the recent decline in oil prices, according to the latest Economic and Financial Market Outlook issued today by RBC Economics...
Canada's economy is expected to see higher export growth in 2015, despite
the recent decline in oil prices, according to the latest Economic and Financial Market Outlook issued today by RBC Economics...
Like the Tories that ruled Alberta for nearly 44 years, Mr. Wall's party never saved anything from the resource boom in his province, and
the recent decline in oil prices has left both provinces in a royalty bind.
When listening to the conference call, Carroll said management's tone seemed «ok,» despite
the recent decline in oil prices.
Year - ended inflation slowed further to 1.5 per cent in the June quarter, partly due to the appreciation of the New Zealand dollar and
the recent decline in oil prices.
However, despite
the recent decline in oil prices, the airlines not only continue to charge checked baggage fees, they continue to increase them.
Not exact matches
The
recent drop
in oil prices has Todd Hirsch, ATB Financial's chief economist, predicting a mild recession for Alberta this year and a sluggish recovery next year after forecasting
in June that the province would avoid such an economic
decline.
He also added, «The
recent drop
in oil prices and related
declines in equity markets have been unsettling to investors.»
Given how important
oil has been to the Canadian economy
in recent years it shouldn't come as a huge shock that the loonie is heavily correlated with the
decline in the
price of
oil.
Even with a weaker currency and a partial reversal
in recent oil price declines, these issues will moderate any increase
in long - term interest rates
in Canada.
The reason for the
recent decline in yields seems to be concerns that the US economy may be slowing, due
in part to the renewed run up
in oil prices.
The fall
in oil prices that culminated
in big
declines for stocks, emerging market assets and high yield bonds at the beginning of this year is the most
recent manifestation of this linkage.
Conoco dug
in even deeper on its commitment to
oil, and I suspect the harsh experience during the
recent price decline will modify their strategy
in the future.
The fall
in oil prices that culminated
in big
declines for stocks, emerging market assets and high yield bonds at the beginning of this year is the most
recent manifestation of this linkage.
With the loonie's
recent slide,
oil prices at their lowest
in 12 years and China's stock market volatility sending reverberations to our own, the news of Canada's economic
decline is hard to ignore.
Perhaps of greater concern is how Emerson performed during the most
recent decline in the
price of a barrel of
oil.
A volatile sector that includes some stellar dividend payers, energy has sold off sharply
in recent months as the
oil price declined.
Global Economic Pessimism Unwarranted Excessive pessimism characterizes the current view on the global growth outlook, with some of this sentiment due to a mistaken interpretation of the reasons behind the
recent sharp
decline in oil prices.
The drop
in oil prices caused the stock's
price decline from a high of over 160 to the
recent 115.
Since then, the shares of Civeo have
declined substantially; 3rd quarter operating results were disappointing resulting
in a share
price drop of close to 50 %, then
recent oil price declines impacted the
price of all
oil service companies, with CVEO shares dropping into the $ 7 - $ 9 range.
With the
recent steep fall
in oil prices and associated
declines in other energy
prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says
in the Washington Post.
What's this means is production, and thus supply for the market, will
decline rapidly if the
recent drop
in the
price of
oil discourages new drilling, which could well be the case if the
price remains low, or worse yet, continues to drop.
His remarks covered the need for investment
in upstream
oil to meet rising demand and offset
decline in mature fields, how competitive
prices are vital for growth
in gas markets, the rapid growth
in solar and wind, and prospects for reaching universal access to electricity, including India's significant achievements over
recent years
in this respect.
There's no question falling
oil prices have played a big role
in recent value
declines, but as climate policy gathers momentum and new technologies, such as solar and energy storage, continue their trend of becoming more affordable and ubiquitous the medium - and long - term outlook, especially for coal and
oil, looks grim.