The Oil sands are heavily subsidized by the federal government. Oil needs to be trading above $100/barrel for the oil sands to be profitable and it will be trading at that mark in the near future ( at least if you believe the Saudi's).
There is way more to the economy than just oil which will rebound eventually.
Obviously depends on the circumstances. Rogers hedges for the upcoming year but I'm sure they have USD stashed somewhere for weak economic times like right now.
There are no projections that have oil at $35 barrel long term. It's supposed to be back over $100 mid-2016.
Resources; not oil. Natural gas, metals/pre/minerals, lumber, agriculture, etc. Oil being down hurts but it's not a long term thing.
If revenue is down 15% you better find a way to make up that money. Like fielding a competitive team. No reason to just break even. The economy is good enough for the Jays to be profitable at over $160M USD.
All I expect them to do is try. I'd never want them to make a bad deal but they should be actively pursuing Maeda.
Happ and Maeda would be their only pitching commitment beyond 2017; that's the exact strategy you're calling for. You also don't improve w/o taking risks. Any FA signing is assuming risk, so set a number that makes sense and try and get him. Don't make a bad deal. It's zero risk to be in the bidding.
I didn't sign any of those deals. The Marlins signed Buehrle and it may have been their best FA signing in franchise history. Backloaded the deal and shipped him for when he got expensive. Great move. The Greinke signing was also a great deal for the Dodgers. More than paid for itself. Who knows about Kershaw or Scherzer they just started their contracts.