Top Business Headlines
 

November 15, 2018

 
VISIT REPORTONBUSINESS.COM

top news

Cenovus urges Alberta to impose oil production cuts to boost prices amid ‘economic crisis’
  Cenovus urges Alberta to impose oil production cuts to boost prices amid ‘economic crisis’
 

Shawn McCarthy

 
 
 Global Energy reporter

One of Canada’s largest oil companies is urging the Alberta government to intervene directly in the market to cut the province’s crude production and boost severely depressed prices.

Cenovus Energy Inc. chief executive Alex Pourbaix said the province is facing a “wholesale economic catastrophe” that justifies the government departing from free-market principles and ordering companies to reduce their production of oil.

Any move by Alberta to enact limits on the amount oil producers can send to market would mark a strategic shift in a province that has long promoted free enterprise and open competition among players in its most important sector. But some say the current industry crisis calls for emergency measures.

 
Full Story
 

Editor's Picks

Canopy takes slow approach to legal pot; posts loss, shares slide
  Canopy takes slow approach to legal pot; posts loss, shares slide
 

Christina Pellegrini

 
 
 Cannabis Industry Reporter
 
Full Story
 
Vancouver’s Pan American Silver to acquire struggling Tahoe Resources in US$1.1-billion deal
  Vancouver’s Pan American Silver to acquire struggling Tahoe Resources in US$1.1-billion deal
 

Niall McGee

 
 
 Mining reporter
 
Full Story
 
Amid low oil prices, energy firms blame pipeline delays for lack of capital
  Amid low oil prices, energy firms blame pipeline delays for lack of capital
 

Alexandra Posadzki

 
 
 Capital Markets Reporter
 
Full Story
 
 
 
More stories below advertisement
 
 

latest posted news

Trade and human rights – navigating in countries with poor records
Trade and human rights – navigating in countries with poor records
 
Full Story
 
Montreal satellite startup NorthStar Earth & Space inks partnership
  Montreal satellite startup NorthStar Earth & Space inks partnership
 
Full Story
 
Ontario will allow retailers to operate up to 75 cannabis stores each amid lack of clarity over rules
  Ontario will allow retailers to operate up to 75 cannabis stores each amid lack of clarity over rules
 
Full Story
 

MICHAEL BABAD’S BUSINESS BRIEFING

From cap-and-trade to cap in hand: The challenges of today’s Ontario fiscal update
  From cap-and-trade to cap in hand: The challenges of today’s Ontario fiscal update
 
Full Story
 

opinion

While Canada debates, others are commercializing our most valuable asset: data
 

Bilal Khan

RB-CO-KHAN-DATA-1114
 
Bank towers at the four corners of King St. West and Bay St. are photographed on Oct 1, 2018. Clockwise from left are ScotiaBank, Bank of Montreal, TD and CIBC.
 

Bilal Khan is the new managing partner and head of Deloitte Data

At every moment of every day, data courses through our lives. It is the lifeblood of the new economy.

 
Full Story
 

FROM ENERGY & RESOURCES

  Suncor Energy CEO Steve Williams to retire in May; COO named as replacement
 
Full Story
 

FROM FINANCIAL SERVICES

  Judge rules with CIBC, grants possession of disputed Quadriga funds to Ontario Superior Court
 
Full Story
 

FROM ECONOMY

  Bank of Canada survey finds fears of economic slump on the rise
 
Full Story
 

FROM TECHNOLOGY, TELECOM & MEDIA

Walmart’s Latin American delivery app Cornershop plans to expand into Canada next year
 
Full Story
 

FROM INTERNATIONAL BUSINESS

Jury clears Johnson & Johnson of liability in California talc cancer case
 
Full Story
 

FROM SMALL BUSINESS

She was eight months behind on her rent. Instead of kicking her out, the landlord issued a challenge
 
Full Story
 

FROM GLOBE CAREERS

How a new leader’s past experience can hinder team success
 
Full Story
 

INSIDE THE MARKET

  Asia stocks lifted by China-U.S. trade hopes; oil resumes retreat
 
Full Story
 

VIDEO

Nobody ever expects natural disasters. But maybe they should
 
Full Story
 

in case you missed it

Amazon took over Seattle. This is what New York and Washington can expect
Amazon took over Seattle. This is what New York and Washington can expect
 

Matt Lundy

 
Full Story
 

ROB Cannabis Professional

Meet the team: Mark Rendell is a reporter for ROB Cannabis Professional. He joined The Globe and Mail in August after writing exclusively about the Canadian cannabis industry for the National Post. He holds degrees in journalism and philosophy from the University of King’s College in Halifax. Find out more on purchasing our new premium subscription news service for cannabis industry insiders.
 
View More
 
 

About Top Business: Morning Edition
This newsletter helps you keep up with the morning's top Canadian and international business stories. It is sent Monday to Saturday.

If you do not wish to receive this newsletter anymore, please refer to the unsubscribe link at the bottom of every email communication. Or, you can log into The Globe’s website and manage your preferences under Communication Settings.

Can't log in yet? Registration is free.

To keep Globe newsletters out of your spam folder, please add Globe Newsletters to your address book.

If you have any feedback or questions about any Globe newsletters, please reach out to Scott Adams directly.