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November 8, 2017
VANCOUVER — A non-profit group has abandoned a legal challenge of the Trans Mountain pipeline project in British Columbia, saying losing the case could bankrupt the organization. Duff Conacher of Democracy Watch says the advocacy group decided to with… Read More ➝
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November 8, 2017
CALGARY — Encana Corp. (TSX:ECA) has no plans to spend more to increase production despite recent world oil price increases linked to unrest in Saudi Arabia, CEO Doug Suttles said Wednesday. He said the Calgary-based oil and gas company, which has a … Read More ➝
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November 8, 2017
OTTAWA — The single biggest element of Canada’s national emissions reduction plan might not be unveiled on time. A year ago, the federal government announced plans to develop a national clean fuels standard to reduce harmful emissions. It was supposed… Read More ➝
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November 7, 2017
CALGARY — Natural gas processor and transporter Keyera Corp. (TSX:KEY) saw its profits swing lower in its latest quarterly report released Tuesday after markets closed. The Calgary-based company saw its net earnings fall to $38 million or 20 cents per… Read More ➝
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November 7, 2017
OTTAWA — The National Energy Board says it will not expedite the process to determine if the city of Burnaby, B.C. is deliberately obstructing construction of the expanded Trans Mountain Pipeline by refusing to issue necessary construction permits. Th… Read More ➝
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November 7, 2017
CALGARY — Canadian Natural Resources Ltd. (TSX:CNQ) is throttling back capital spending in 2018, but plans to increase production to more than one million barrels of oil equivalent per day. Western Canada’s largest heavy oil and natural gas producer s… Read More ➝
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November 7, 2017
VANCOUVER — Finning International Inc. says it earned $52 million in its latest quarter, up from $36 million a year ago, as revenue improved 16 per cent. The heavy equipment dealer (TSX:FTT) says the profit amounted to 31 cents per share, up from 22 c… Read More ➝
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November 6, 2017
EDMONTON — Alberta Premier Rachel Notley is to go on tour later this month to stump for the Trans Mountain pipeline, but is resisting opposition calls to wield a big stick against its opponents. Notley is to speak in Toronto, Ottawa, Vancouver, Calgar… Read More ➝
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November 6, 2017
BURNABY, B.C. — A city in British Columbia wants Saskatchewan’s justice minister to withdraw comments suggesting it “is deliberately slowing down” the Trans Mountain pipeline expansion. A lawyer acting for Burnaby sent a letter to Don Morgan saying ci… Read More ➝