Flaherty bets on oil in budget as Canada cuts 12,000 jobs

    By Theophilos Argitis     Canadian Finance Minister Jim Flaherty is betting oil companies such as Suncor Energy Inc. (SU) and Enbridge Inc. will boost the world’s 10th largest economy out of a sluggish recovery.     Flaherty released a 2012 fiscal plan yesterday that pledges to expedite the environmental review of Enbridge’s Northern Gateway pipeline,...