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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30 June

June 30 (Reuters) – Canada’s main stock index futures fell on Tuesday, dragged down by weaker oil prices on the back of rising coronavirus cases and simmering U.S.-China tensions. A possible return of Libyan oil production, which has been down to a trickle since the start of the year, also hurt crude prices. September futures […]

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30 June

One winter while in high school, I landed a short-term job. A neighbour was going south for a month of respite from a Saskatchewan winter and asked if I’d come over daily to feed his cows. Having done this for years at home I was up to the task and jumped at it. Before he […]

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27 June

Pro-pipeline protesters gather and chant slogans outside a venue where federal finance Minister Bill Morneau was speaking in Calgary in November 2018. Polling shows Albertans are deeply divided on the best long-term strategy for strengthening the economy. (Jeff McIntosh/The Canadian Press) EDITOR’S NOTE: CBC News and The Road Ahead commissioned this public opinion research in […]

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24 June

The shortage of pipeline space that has hamstrung Canada’s oil producers for years may finally be over — just not in the way they had hoped. The pandemic-induced oil crash prompted Canadian companies to cut about 1 million barrels of daily crude output, freeing up space on the country’s previously congested pipelines. With that production […]

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23 June

Pexels photo The advocacy organization for Canada’s upstream oil and gas producers was the most active group on the federal lobbying scene in May, disclosures from the office of the commissioner of lobbying show. The Canadian Association for Petroleum Producers filed 27 reports with the commissioner’s office last month, including two documenting communications with Liberal […]

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23 June

CALGARY (Bloomberg) –The shortage of pipeline space that has hamstrung Canada’s oil producers for years may finally be over — just not in the way they had hoped. The pandemic-induced oil crash prompted Canadian companies to cut about 1 million barrels of daily crude output, freeing up space on the country’s previously congested pipelines. With […]

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23 June

Canada’s Minister of Natural Resources Seamus O’Regan on Parliament Hill in Ottawa, Ontario Canada February 4, 2020. The first step to fixing a problem is acknowledging there’s a problem. It appears Ottawa has heard a key oilpatch concern that no energy companies have been able to access much-needed federal liquidity programs during the COVID-19 crisis. […]

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20 June

The Canadian economy is in better shape than it looks. That’s contrary to the gloomy expectations of many Canadians and expert forecasters. For instance, 62 per cent of respondents to the latest Bloomberg Nanos Canadian Confidence Index said they expect the economy to weaken even further in the next six months. Actually, Canadian economic conditions […]

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