02 September

(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 […]

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21 August

Offshore 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 […]

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20 August

ST. 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 […]

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20 August

A 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 […]

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19 August

(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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19 August

(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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11 August

* Canadian dollar rises 0.4% against the greenback * Canadian housing starts rise 15.8% in July * Price of U.S. oil increases 2.1% * Canadian bond yields rise across a steeper curve TORONTO, Aug 11 (Reuters) – The Canadian dollar rose against its broadly weaker U.S. counterpart on Tuesday as the prospect of U.S. economic […]

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08 August

Double exposure of a businessman and stairs – Business Success Concept These could be the last few months of the wildly popular Canada Emergency Response Benefit (CERB) program. The government has indicated that support measures could be shifted to getting people back to work now that the economy is reopening. That could mean that over […]

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02 August

A major insurance company dropped coverage for the Trans Mountain expansion project, an oil pipeline seen as vital to the growth of Canada’s oil sands. Under pressure from environmental groups and growing global concerns about climate change, insurance companies are beginning to drop coverage for large-scale energy infrastructure. Swiss insurance company Zurich announced on Wednesday […]

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29 July

(Reuters) – Futures for Canada’s main stock index rose on Wednesday, supported by higher oil prices as a surprise drop in U.S. crude inventories buoyed hopes for a recovery in demand. Brent crude futures rose 1.3%, while U.S. West Texas Intermediate crude futures gained 1%, after data showed on Tuesday inventories of crude oil in […]

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