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January 4, 2018
CALGARY — Suncor Energy Inc. and Teck Resources Ltd. are getting a bargain price for bigger stakes in the Fort Hills oilsands mine they are buying from partner Total S.A., analysts say. The two Canadian companies announced Wednesday they will pay an a… Read More ➝
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January 3, 2018
SPRUCE GROVE, Alta. — A gas station operator near Edmonton has used some unparliamentary language to publicly protest an increase in Alberta’s carbon tax. The illuminated sign at the Tempo Gas Station in Spruce Grove on Tuesday night used the f-bomb i… Read More ➝
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January 2, 2018
CALGARY — The cold snap that continues to blanket many parts of North America is driving short-term natural gas prices higher but they remain far below historic highs and the trend is unlikely to significantly affect either Canadian consumer bills or … Read More ➝
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January 2, 2018
MONTREAL — Canadian initial public offerings rebounded last year from their worst performance in nearly two decades in 2016 as $5.1 billion in proceeds were generated with the prospect for a strong 2018, says Pricewaterhouse Coopers. There were 38 iss… Read More ➝
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January 1, 2018
EDMONTON — Alberta’s carbon tax jumped on New Year’s Day, but the province’s NDP government maintains the tax played a vital role in Alberta’s improving economic outlook. Deputy premier Sarah Hoffman told reporters there was a clear link between the a… Read More ➝
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January 1, 2018
TORONTO — While stabilizing oil prices helped Canadian equities break out of their doldrums in the second half of 2017, investors expecting the Toronto Stock Exchange to catch up with its outperforming global peers in the new year should instead antic… Read More ➝
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December 28, 2017
CALGARY — Imperial Oil says its much-delayed $16.1-billion project to build a natural gas pipeline across the Northwest Territories from the coast of the Beaufort Sea to northern Alberta has finally been cancelled. In a brief news release posted on it… Read More ➝
