Hundreds of Newfoundland and Labrador oil and gas workers and their supporters took part in a rally at Confederation Building Wednesday in support of the provincial oil and gas industry. Keith Gosse/The Telegram ST. JOHN’S, N.L. — Premier Andrew Furey says his leverage toward ushering along federal dollars to support the oil and gas industry […]
Read MoreThe Trans Mountain pipeline carries crude and refined oil from Alberta to the coast of British Columbia. With a succession of legal challenges finally in the rear-view mirror, Trans Mountain Corp. CEO Ian Anderson is feeling fairly bullish these days. He’s confident the long-awaited pipeline expansion will be completed on time, shipping 890,000 barrels of […]
Read MoreJagmeet Singh, the current leader of the New Democratic Party. (NDP / Facebook) Canada’s governing Liberals, led by Justin Trudeau, hold a minority in Parliament, requiring support from at least one other party to pass any legislation. Canada’s ostensible social democrats, the New Democratic Party (NDP), claim to hold the balance of power. Without backing […]
Read More* Canadian dollar trades near flat against the greenback * Price of U.S. oil decreases 2% * Canadian bond yields edge higher across the curve * Moody’s revises the outlook on Saskatchewan to negative TORONTO, Sept 10 (Reuters) – The Canadian dollar was little changed against its broadly weaker U.S. counterpart on Thursday as oil […]
Read MorePrime Minister Justin Trudeau (left) and U.S. President Barack Obama arrive for a joint news conference in the Rose Garden at the White House in Washington, D.C. on Thursday, March 10, 2016. Environmental advocates say Canada’s new methane regulations are going to leave the country well shy of its stated goal to nearly cut them […]
Read More(Gina Dittmer via Public Domain Pictures) The Lead The Polaris pipeline owned by Inter Pipeline Ltd. has been temporarily shutdown after a leak in the line released close to 550 barrels (roughly 90,000 litres) of light oil, according to the Alberta Energy Regulator. Although no wildlife or bodies of water have been impacted by the […]
Read MoreOffshore drilling Image: Suncor Inc. Intergovernmental Affairs Minister Dominic LeBlanc hinted Thursday that details about federal support for Newfoundland and Labrador’s troubled oil and gas sector could be weeks away. After meeting with Liberal Premier Andrew Furey in St. John’s, LeBlanc told reporters that strengthening the relationship between the two governments is a priority for […]
Read MoreST. JOHN’S, N.L. — Intergovernmental Affairs Minister Dominic LeBlanc hinted Thursday that details about federal support for Newfoundland and Labrador’s troubled oil and gas sector could be weeks away. After meeting with Liberal Premier Andrew Furey in St. John’s, LeBlanc told reporters that strengthening the relationship between the two governments is a priority for him […]
Read MoreA mining shovel fills a haul vehicle at the Shell Albian Sands mine near Fort McMurray, Alta. The plain and painful truth is that Alberta and Canada do not have robust regulatory systems now, nor have they ever, says Martin Olszynski. (Jeff McIntosh/The Canadian Press) This column is an opinion from Martin Olszynski , a […]
Read More(Reuters) – Canada’s main stock index slipped on Wednesday, weighed by energy stocks, as data showed inflation rate came in below expectations in July after price growth slowed broadly across the goods and services sectors. * Canada’s annual inflation rate fell to 0.1% in July from 0.7% in June, below analyst expectations of 0.5%.* The […]
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