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Canada's oil patch to weather lower prices, longer-term challenges remain  Cover Image E-book E-book

Canada's oil patch to weather lower prices, longer-term challenges remain

Preston, Leslie (author.). Toronto-Dominion Bank, (issuing body.). Canadian Electronic Library (Firm), (distributor.).

Summary: Canada's oil patch has been a key engine of economic growth since the recession. The roughly 25% drop in oil prices since July has understandably raised concerns about the industry's prospects and the impact on the Canadian economy. TD Economics has lowered its crude oil price forecasts for 2015 as supply growth has outstripped demand recently, and it will take markets time to adjust.

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