Canadian dollar gains come at priceDollar’s 22% surge in past year is taking bite out of oil patch investment; Burlington shifts some spending back to Lower 48 Gary Park Petroleum News Calgary correspondent
It has been a treat for those who like to escape Canada’s winter clutches and head for California, Arizona or Florida. It has also been a boon to industries that make heavy equipment purchases from the United States.
But there is an emerging downside to the 22 percent rise over the past year in the....
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Other companies looking at reductions
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