Suncor cutting 1,000 jobs, taking $1B out of 2015 budget
Job cuts will mainly affect contractors, oil sands giant says.
BoC survey suggests manufacturers poised to invest more in 2015
Some companies expect the lower dollar to help them reclaim market share and increase competitiveness.
CNRL cuts $2.4B from 2015 capital spending plan
Oil and gas producer to continue to grow output compared with 2014, but at a slower pace.
Husky trims 2015 capital budget by $1.7B
Budget reflects weaker commodity prices and the near completion of two major projects in Alberta and China.
Encana budgets up to $2.9B for capital projects in 2015
Eighty per cent of spending will directed at four key plays in Alberta and the southern US.
Cenovus reduces 2015 capital spending by 15%
Will implement cost-savings initiatives to save up to $500 million a year by 2018.
Precision Drilling lowers spending, sells part of US operation
Announcement comes as the oilfield services industry and energy producers grapple with a dramatic decline in oil prices.
Alberta on track for operational surplus, faces capital spending deficit
Volatile oil and gas prices will force province to hold the line on spending, finance minister Horner says.
Magna International plans US$1.4 billion in capital spending
The automaker’s sales projections are in line with company and analyst estimates for last year’s revenue.
Smaller PetroBakken capital budget, higher output
More balanced plan to reduce production volatility and manage declines.
PetroBakken plans $675M capital spend in 2013
Boosting output in Bakken and Cardium formations.
Athabasca Oil plans $798 million in capital spending
Capital projects include construction of its Hangingstone oil sands project.
