Economics

With Oil Trading Below US$60, Provinces Brace For Impact Of Global Oil Price Shock

With oil trading below US$60, provinces brace for impact of global oil price shock

OTTAWA – When provincial finance ministers meet Monday with their federal counterpart, routine gripes over equalization payments and pension reform will be pushed back by a much bigger concern – plunging global oil prices and the impact on Canada, particularly in the oil patch. The Conservative government has already warned that crude prices – now trading…

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