It’s been a really tough year for oil nations around the globe, but nearly no one has had it worse than poor Canada. On that infamous day, April 20th, when oil prices plunged below zero in a historic bottoming-out thanks to an oil glut, OPEC+ price war, and absolutely demolished demand due to the pandemic, Canadian oil prices actually dipped into the negatives hours before the West Texas Intermediate crude benchmark followed suit. Even before Black April, as some have started to call it, Canadian oil had hit a rough patch.
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The popularity of working from home during the Covid-19 lockdown may be pushing home buyers to move to the outskirts of Auckland – seeing prices soar.
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As the residential real estate segment gradually moves towards revival with consumers returning to the market, Bangalore-based Brigade Enterprises CEO (Residential), Rajendra Joshi said the company is witnessing increasing demand for houses in the luxury segment priced at more than Rs 1.5 crore. In an interview with FE’s Rishi Ranjan Kala, Joshi pointed out that many are realising the need to have their own living spaces as the Covid-19 pandemic rages on. Excerpts:
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Calgary Economic Development presented this week its 2021 Economic Outlook.
The ongoing COVID-19 pandemic has created major fiscal shortfalls for the City of Edmonton. We have an idea to help meet this challenge: Rebuild Saskatchewan Drive between 104 Street and 109 Street for short- and long-term savings.
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The Alberta government said Friday it would stop setting monthly oil production limits to allow producers to utilize available pipeline capacity.
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Edmonton’s Northlands Coliseum is targeted for demolition in the “short term” as one of the first steps in the proposed redevelopment project on the site.
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Canada’s oilfield services industry is heading into the critical winter drilling season with one bright light emerging on a relatively bleak horizon: natural gas.
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Edmonton’s real estate market is likely to remain in a balanced state for the remainder of the year, a recent study suggests.
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The Town of Devon is preparing for the next steps of the Dale Fisher Arena expansion.
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