Every US$15 per barrel drop in the price of oil translates to a dent of roughly $3.5 billion in federal deficit, said Parliamentary Budget Officer Yves Giroux. And with a flood of unwanted oil hitting the market at the same time as a drop in demand caused by the pandemic, prices for the commodity are spiralling, with U.S. oil hitting negative Monday.
Allowing individual members to vote is at the “heart” of Canada’s parliamentary system, House of Commons Speaker Anthony Rota argued, and he expressed concern about any virtual configuration where only one or a handful of MPs speak for their colleagues.
The partisan cracks in America's collective effort to combat COVID-19 are growing wider by the day — growing, some say, not due to grassroots sentiment but by political forces both within and outside the United States.
A move by Husky Energy Inc. to halt production of 80,000 barrels per day takes the total reduction in Canadian crude output to about 365,000 bpd since the onset of measures to deal with the COVID-19 pandemic, an analyst says.
A Calgary energy analyst says the plunge by benchmark U.S. crude oil prices into negative territory for the first time on Monday, April 20, 2020, is a short-term anomaly that likely won't have a lasting effect on Canadian producers.
While the future of classroom instruction is still uncertain, some rural parents are finding the changes in education to be enriching and liberating for their kids and families.
With Toronto’s downtown offices shuttered, couriers are delivering fewer and different things. Food delivery riders are meanwhile taking deliveries directly to customers’ doors, potentially putting themselves at risk.
The federal government should consider rent relief for the precariously housed, or risk a wave of Canadians becoming homeless in the wake of COVID-19, advocates told MPs on Friday, April 17, 2020.
Regional disparities in Canada's COVID-19 crisis emerged with growing clarity on Friday, April 17, 2020, as some provinces celebrated relative success while the federal government rolled out new measures to help others still grappling with the pandemic.
Even as planeloads of supplies to protect Canada's medical workers arrive, many primary-care physicians say they are in the dark about when they're going to get what they need to keep helping patients.