TwitterFacebookPinterestGoogle+

$800 Million in Spending Cuts Planned by Husky Energy

A recent announcement by Husky Energy shows that the company plans to implement $800 million in spending cuts in 2016 with capital spending targeted. In addition the stock dividend for the company will be suspended, at least in part because of the low oil prices currently seen. In December the company announced a capital spending…

Read more

Fort McMurray Leading the Real Estate Decline in Alberta

According to the Canadian Real Estate Association Fort McMurray saw the worst of the real estate decline in Alberta in 2015, leading the market in the worst price fluctuations and housing sales in the entire province. The CREA report was compiled using data in the Multiple Listing Service database. Once oil prices started dropping in…

Read more