By Alex Whalen Early in his term, Prime Minister Mark Carney placed great emphasis on the need to think big and move quickly, ...
The Canadian economy grew in July but any momentum may have been short lived, Statistics Canada said Friday. Real gross domestic product grew 0.2 per cent in July ...
Proxy advisory firm Institutional Shareholder Services is recommending “cautionary support” for MEG Energy’s plan to be acquired by oilsands giant Cenovus Energy. ISS says in a report that ...
The Canada Pension Plan Investment Board has signed a deal to buy a 13 per cent indirect equity interest in Sempra Infrastructure Partners from Sempra for about US$3 billion. Sempra Infrastructure ...
In December 2020, the federal government announced that the carbon tax would be increased to $170 per tonne by 2030, an increase of $130 per tonne from $40 in 2021, or 325 per cent higher. The 325 per ...
The discount on Western Canada Select to North American benchmark West Texas Intermediate futures narrowed on Thursday. WCS ...
Canada has a hefty slate in recent years of big natural-resource projects that were abandoned, or put on a back burner, often because of government action or inaction. One estimate is that Canada has ...
Alberta’s proven natural gas reserves have increased nearly sixfold to 130 trillion cubic feet since they were last assessed, according to a new study, giving Canada’s oilpatch leaders something to ...
Geothermal energy, the heat derived from the Earth’s internal core, offers a renewable and reliable source of power and heating. Unlike more intermittent sources like solar and wind, geothermal energy ...
Canada’s energy industry paid over $701 billion in federal, provincial and local taxes, royalties, and fees since 2000. That is: Nearly twice the latest forecast of the federal budget deficit of $354 ...
Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share January 20, 2020 02:00 ET | Source: Granite Oil Corp. CALGARY, Alberta, Jan. 20, 2020 (GLOBE NEWSWIRE) ...
The government recently announced $37.7 billion in funding toward the plants, with $13.2 billion going toward Volkswagen AG, $15 billion toward Stellantis NV-LG Energy Solution, and $4.6 billion for ...