The recent recovery and stabilization of oil prices has led to increased business confidence for Canada’s oil and gas companies, which expect improved business conditions and project slightly higher salaries this year, The Conference Board of Canada said on Thursday.

“Canadian organizations’ projected salary increases have generally remained unchanged since the summer except for apparent shifts at industry and regional levels. In particular, we are seeing energy sector organizations responding to the steadied price of oil with…

By Tsvetana Paraskova for Oilprice.com

via OilPrice.com Daily News Update http://ift.tt/2kDOTei