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…

Hedge Funds: Small Firms Profit As Big Names Close In 2020

At the beginning of July, Lansdowne Partners, one of Europe's oldest and best-known hedge fund managers, announced that it was closing its flagship hedge fund after a run of poor performance. The closure is the latest in a string of high-profile hedge funds that have decided to shut up shop in recent years. Billionaire investor Read More