The spreading coronavirus outbreak will hit Canada's already struggling ene...
OTTAWA/TORONTO - The spreading coronavirus outbreak will hit Canada’s already struggling energy industry, Finance Minister Bill Morneau said on Monday, just as Ottawa is set to decide the fate of a major new oil sands project.
“Just when it looked like investment might be coming back to the oil patch this renewed downturn in oil prices could stem the inflow of capital into the sector,” Guatieri said. Consumers, however, might benefit from lower gasoline prices, while bond yields, which help determine the level of mortgage rates, have fallen about 40 basis points since January. That may benefit people buying houses in major cities where demand is strong.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Coronavirus to hit Canadian economy, affect oil prices, tourism: finance ministerThe spreading coronavirus outbreak will hit the Canadian economy, in particular ...
Baca lebih lajut »
The coronavirus is a 'black swan' for oil and energy markets, says Ned Davis ResearchNed Davis Research said the coronavirus outbreak is a 'black swan' event for the oil and energy space, and that there could be more downside ahead.
Baca lebih lajut »
Deaths from China's coronavirus outbreak surpass deaths from SARSThe number of new coronavirus deaths on the Chinese mainland hit 811 by end of F...
Baca lebih lajut »
Coronavirus updates: Number of deaths on mainland China climbs to 908Coronavirus updates: 14 Americans aboard quarantined cruise ship now confirmed to have coronavirus
Baca lebih lajut »
Luxury Goods Will Test Investors’ Immunity to CoronavirusIf investors still seem reluctant to accept the seriousness of coronavirus, the luxury sector’s earnings season will test their tolerance.
Baca lebih lajut »
Alibaba offers $2.86 billion in loans to firms hit by coronavirus outbreakAlibaba Group Holdings said on Monday its affiliate Ant Financial's MYBank ...
Baca lebih lajut »