Brexit

Another year, another setback for Canada – Scotiabank global economic outlook

Canada

Price of WTI is expected to rise to about $55/bbl in 2017, which will provide an additional boost to growth in Canada TORONTO, ON– The United Kingdom’s decision to leave the European Union represents a major economic shock to the UK and Europe, according to Scotiabank’s Economics’ Global Outlook. It will lower business and household

Another year, another setback for Canada – Scotiabank global economic outlook Read More »

Brexit economic and energy implications – Wood Mackenzie

News

Energy policy unlikely to change, UK has Climate Change Act that governs long-term emissions reductions EDINBURGH/LONDON – The post-Brexit world is likely to include increased economic uncertainty and higher energy import costs, but the structure of the UK energy sector will remain unchanged, according to international consultancy Wood Mackenzie. On June 23, the UK voted

Brexit economic and energy implications – Wood Mackenzie Read More »

Exxon, Caterpillar, Boeing slow spending on heels of Brexit vote

News

Exxon concerned about loss of free movement of goods, people, capital across borders By Lucia Mutikani and Malathi Nayak WASHINGTON/NEW YORK, June 27 (Reuters) – U.S. business investment, already heading for its worst slowdown since the global financial crisis, could decline further as Britain’s vote to leave the European Union creates more risks for companies,

Exxon, Caterpillar, Boeing slow spending on heels of Brexit vote Read More »