ca-hotdailynews: 2015-08-20 Canada English Business

Canadian Oil-Sands Producers Struggle
Wall Street Journal
CALGARY, Alberta—Canada's high-cost oil-sands producers are struggling as oil prices sink to fresh six-year lows, and even the most efficient drillers are losing money on every barrel they produce at current prices, according to a report published ...

Energy companies face pressure to sell assets as oil slump hits profits   The Globe and Mail
Price of oil hits six-year low on higher stockpiles   CTV News
Even losing $6 per barrel, top Canada oil sands project unlikely to close   Reuters Canada
Vancouver Sun
CBC.ca
Reuters
all 52 news articles »

The Globe and Mail (subscription)

Realtors question $12-million Calgary listing amid oil slump
The Globe and Mail (subscription)
Realtors are casting a skeptical eye on a Calgary developer's plans to list his family home for $12-million at a time when the city's market for ultra-luxury real estate has been struggling amid falling oil prices. Jim Quinn, president of home builder ...
Ultra luxury home hits the market in southwest Calgary   CTV News
$12-million Calgary home listing looks to buck trend in luxury real estate   Hamilton Spectator
'The Manor House' in Calgary listed at $12M despite drop in luxury sales   CBC.ca
Financial Post
Calgary Herald
all 37 news articles »

Toronto Star

Equinox demand gives GM Oshawa reprieve to 2017
Toronto Star
Strong North American demand for General Motor's popular Chevrolet Equinox has bought its older Oshawa assembly line another year of life. The automaker will invest $12 million to boost Equinox production on its consolidated line in Oshawa and related ...

GM extends Oshawa plant life to 2017 with Equinox production   CBC.ca
GM Canada to invest $12M to up Chevrolet Equinox production   CTV News
GM extends Oshawa assembly line operations until 2017   Reuters Canada
The Globe and Mail (subscription)
MLive.com
all 31 news articles »

Toronto Sun

Housing activity will slow 'modestly' in 2016: RBC report
Toronto Sun
TORONTO -- Activity in Canada's real estate market will slow "modestly" next year as interest rates begin to rise, according to a new report from RBC Economics. The report pegs the risk of an outright crash in real estate as low, saying RBC expects the ...

and more »

Vancouver Sun

Barbara Yaffe: Stephen Harper's housing affordability plan not suited to ...
Vancouver Sun
VANCOUVER — A federal Conservative pitch to make home ownership more affordable may be a clever vote-getting strategy, but it won't do much to address the mayhem in Vancouver's housing market. Stephen Harper announced his plan for “affordable ...

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Cement, steel groups say Quebec risking safety by allowing taller wood buildings
Montreal Gazette
MONTREAL - Canada's cement and steel sectors say Quebec is favouring one industry and possibly putting public safety at risk by allowing wood to be used in the construction of buildings up to 12 storeys high. The Cement Association of Canada said ...

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