oil prices

The parliamentary budget officer says Canada's current fiscal policy is sustainable over the long term.

The federal government has no immediate plans to cut prices at the pump by offering Canadians a temporary reprieve from the federal gas tax, Natural Resources Minister Jonathan Wilkinson said on Tuesday, June 21, 2022.

A leading energy price expert says gas prices could go up another five cents across Canada if Russia decides to intensify its assault on Ukraine or declare all-out war come Monday.

Canada's big oil companies are making record profits this year and should be using some of that extra cash to invest in things that curb their greenhouse gas emissions, Environment Minister Steven Guilbeault said on Thursday, May 5, 2022.

Finance Minister Chrystia Freeland’s second pandemic budget turns Canada’s fiscal focus to making life more affordable and giving a long-needed boost to Canadian productivity.

The federal Liberals are set to unveil their latest spending plan today, April 7, 2022, that aims to balance promises made to voters in last year's election campaign, in the pact with the NDP, and recently to Canada's global defence allies.

So far, at least, Rachel Notley's NDP doesn’t seem to sense the political danger associated with this tsunami of oil cash, writes columnist Max Fawcett.

The federal government may find itself with billions more in spending room on the back of soaring oil prices that experts say could lower the deficit, or give the Liberals space to fund a bevy of campaign pledges.

Canadians can expect to pay more at the pump as Russia’s attack on Ukraine puts even greater pressure on an already surging oil price environment.

The Liberals have found themselves with a financial windfall amid an economic rebound, though the extra room is largely spoken for thanks to COVID-19 measures and relief for flooded British Columbia.

Finance Minister Chrystia Freeland plans to release an updated accounting of federal finances today and provide the government's economic outlook for the coming months.

The Trudeau Liberals are set to unveil an update on the health of federal finances and its outlook for the economy while facing competing demands on benefits, taxes and economic growth.

If irony could power our vehicles and heat our homes, we’d never need to drill for another barrel of oil in Western Canada again, writes columnist Max Fawcett.

While oil company executives may be able to fill their pockets right now, Alberta ought to use this last boom to repay the environmental debts their companies have racked up over the years, writes columnist Max Fawcett.