News of the day: Oil shedding value, data centre boom, manufacturing sales, digital-confidence crisis, hiring on hold and more

Skip to Content News Archives Economy Defence Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Defence Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Defence Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeUncategorizedNews of the day: Oil shedding value, data centre boom, manufacturing sales, digital-confidence crisis, hiring on hold and moreCatch up on the stories we’re following todayEnbridge Inc. storage tanks on the Suncor Base Camp oilsands site north of the Fort McMurray in Alberta. Photo by Daphné LEMELIN/AFP via Getty ImagesIt’s Thursday, Oct. 15. Here are the top stories we’re following today.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountAlberta’s crude oil has lost considerable value in global markets in recent weeks, even as prices around the world remain elevated. Heavy oil producers in the province are stuck selling their product at a steep discount, which has more than doubled in less than a month.This advertisement has not loaded yet, but your article continues below. In Saskatchewan, BCE Inc. is set to build a 900-MW power plant for its recently expanded 1.2-GW project, but has yet to provide a timeline on construction. Photo by Heywood Yu/PostmediaGet the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe artificial intelligence data centre buildout is becoming one of Canada’s biggest economic bets, with at least tens of billions of dollars scheduled to be spent. Molten copper is prepared during the manufacturing process inside Glencore PLC’s Canadian Copper Refinery in Montreal, Que. on Oct. 3, 2026. Photo by ANDREJ IVANOV/AFP via Getty Images filesManufacturing sales in Canada climbed in August while wholesale trade dipped, but the effects from the new 50 per cent United States tariffs were not reflected in the data. Nearly 70 per cent of the 2,000 people surveyed said the risk of fraud caused them to hesitate to use digital services. Photo by Peter J. Thompson/PostmediaCanada placed 13th of 14 countries on an index of digital conditions, with the biggest stumbling block being people’s lack of confidence in the system, according to a survey released by Interac Corp. on Thursday.Some Canadian employers are putting their hiring plans on hold due to political uncertainty, with companies planning to reduce or not increase their headcount for the remainder of the year, according to a survey by Express Employment Professionals.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.