Oilpatch woes impacting Canadian economy, central bank says + MORE Jan 10th

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Canada’s main stock index posted its strongest four-day gain in three years Wednesday as it was propelled by a large increase in the price of crude oil and the Bank of Canada’s latest rate announcement.

Continue Reading On cbc.ca »

The Bank of Canada acknowledged Wednesday the struggles of the oilpatch are weighing on the broader economy, adding that investment in the sector is “projected to weaken further.”

Continue Reading On cbc.ca »

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