13 h. ago White House signals sharp spending cuts in Trump’s 2026 budget plan

Administration officials said a fuller budget will come soon with plans to address the drivers of the annual deficit

Other

26 h. ago Shell Sticks With Payouts, Spending Plans Despite Oil’s Drop

Shell Plc stuck to its plans for investor returns and capital spending, taking on extra debt to fill the gap in its cash flow stemming from the drop in oil prices.

Other

3 d. ago Cnooc Profit Drops as Lower Oil Prices Outweigh Increased Output

Cnooc Ltd., China’s biggest offshore driller of crude oil, saw profits fall in the first quarter after a drop in global prices.

Economics

8 d. ago Precision Drilling trims 2025 capital budget amid market uncertainty

CALGARY — Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs. Chief executive Kevin Neveu says Precision expects to spend $200 million this year, a reduction of $25 million from its earlier forecast. That includes […]

Economics

8 d. ago Dow Delays Construction at Major Canada Project Amid Volatility

(Bloomberg) — Dow Inc. said it’s delaying construction at a major chemicals project in Canada until market conditions improve, cutting the US company’s capital spending plan for the year by $1 billion. Dow’s decision follows President Donald Trump’s trade tariffs that have fueled business uncertainty and roiled financial markets in recent weeks. The company said […]

Politics

8 d. ago Dow delays construction at major Alberta project amid volatility

Dow Inc. said it’s delaying construction at a major chemicals project in Canada until market conditions improve, cutting the US company’s capital spending plan for the year by $1 billion. Dow’s decision follows President Donald Trump’s trade tariffs that have fueled business uncertainty and roiled financial markets in recent weeks. The company said Thursday it’s […]

Politics

1 week ago BAFFLING RESURGENCE OF LIBERAL SUPPORT: Carney’s debt will be higher than Trudeau’s

WATCH: Sun political columnist Lorne Gunter explains how Liberal leader Mark Carney plans to pile on debt spending. What do YOU think? Tell us your thoughts in the comment section below or send us a Letter to the Editor for possible publication to torsun.editor@sunmedia.ca.  Letters must be 250 words or less and signed. And don’t […]

Politics

1 week ago John Ivison: Conservative hopes are resurrected by Carney’s eye

Switch voters will likely find the prospect of adding a quarter-trillion dollars to the national debt a haunting prospect

Transport

1 week ago LILLEY: Mark Carney’s spending plans make Justin Trudeau look like a tightfisted miser

The Liberal Leader's plan is to spend more, tax more and hope for better results – it's a bad plan

Politics

2 w. ago Carney Proposes to Speed Up Canada’s Rearmament, Looking to Europe

Mark Carney said a government led by him would speed up Canada’s military spending plans and change its defense-procurement strategy so that it doesn’t depend as much on US contractors, if his Liberal Party wins this month’s election.

Economics

4 w. ago Meta Plans Nearly $1 Billion Data Center Project in Wisconsin

Meta Platforms Inc. plans to spend nearly $1 billion on the development of a data center project in central Wisconsin, underscoring a larger effort from the social media giant to ramp up investments in AI and cloud infrastructure.

Economics

4 w. ago Steep drop in global crude prices drag down Canadian energy stocks

CALGARY — Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector’s outlook should the weakness persist. West Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel on Friday, recovering some ground by […]

Economics

4 w. ago Sharp drop in global crude oil prices drags down Canadian energy stocks

West Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel today.

Economics

4 w. ago Canadian energy stocks dragged down by steep drop in global crude oil prices

If crude price drop ends up being sustained, oilpatch may throttle back spending plans, expert says

Economics

4 w. ago Oil Extends Sharp Drop After Surprise OPEC+ Hike, Trump Tariffs

Oil fell further after President Donald Trump’s tariffs and an OPEC+ decision to increase output faster than previously announced triggered the worst rout since 2022.

Economics

4 w. ago Goldman Says German Fiscal Boost Is Game Changer for Power Needs

Germany’s ambitious plans to ramp up defense and infrastructure spending will drive “major pivot” in power demand during the next few years, according to Goldman Sachs Group Inc.

Other