Plunge in world oil prices means $4.9-billion surplus Conservatives promised for 2015 election year has ‘eroded to nothing,’ say economists
'Every knowledgeable person I've spoken to believes, and history tells us, that prices will eventually move well above current levels,' Finance Minister Joe Oliver told the Calgary Chamber of Commerce.
PARLIAMENT HILL—The calamitous effect of the dramatic plunge in world oil prices on government revenues means a $4.9-billion surplus the Conservatives promised for the 2015 election year has “essentially eroded to nothing,” says a senior economist with the Conference Board of C...
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