10 March

This June 29, 2018 photo shows tanks at the Enbridge Energy terminal in Superior, Wis. If the Trudeau government is making a mistake in its handling of the pipeline issue, it may be that it is trying to play a game whose running time extends beyond its four-year mandate, and it is failing to see […]

Read More
10 March

Ed Whittingham answers questions about an update to Alberta’s carbon emissions regulations and the creation of an advisory panel to study the province’s climate change policy at the media room at the Alberta Legislature in Edmonton, Alta., on Thursday June 25, 2015. Ian Kucerak/Postmedia Network Alberta’s NDP government has done it again — it has […]

Read More
07 March

CAD price, news and analysis: Rising crude oil prices Crude oil prices are continuing to trend higher as supply cuts by OPEC and its allies, plus US sanctions on Venezuela, outweigh record US output and rising US inventories. US stockpiles rose much more than expected last week, with inventories up by 7.1 million barrels to […]

Read More
02 March

COPENHAGEN — Volatility in stock markets last year pushed Norway’s sovereign wealth fund, the world’s largest of its kind, to report a loss of 485 billion kroner ($56.4 billion) for 2018. Fund manager Norges Bank Investment Management says the fund’s worst-performing investments in 2018 were in the German pharmaceuticals maker Bayer AG, Facebook Inc. and […]

Read More
01 March

Noah Zivitz It went from bad to worse for Canada’s banks in the earnings season that just wrapped up, extending right into TD’s conference call with analysts yesterday afternoon. That’s when CEO Bharat Masrani warned full-year profit “will be closer” to the low end of the bank’s medium-term target of 7-10 per cent growth, citing […]

Read More
01 March

Alberta Premier Rachel Notley warned Canadian senators on Thursday that proposed federal legislation for major project reviews, including crude oil pipelines, risks worsening a slump in the country’s energy sector. Notley appeared before a Senate committee considering Bill C-69, controversial legislation aimed at revamping Canada’s environmental approval process, but which critics say will deter investment […]

Read More
01 March

Canadian Currency Canadian money $50 $20 , The Canadian Press Foreign direct investment in Canada rebounded in 2018, showing businesses may be regaining some of their confidence in an economy hampered by falling oil prices and trade uncertainty. FDI rose to $51.3 billion last year, Statistics Canada reported Thursday, the highest annual total since 2015. […]

Read More
01 March

Tim McMillan, Canadian Association of Petroleum Producers president and CEO, speaks during a news conference on Canada falling behind in global competition for oil and natural gas investment on Parliament Hill in Ottawa on Monday, Feb. 26, 2018. I did not see anyone actually breathe fire but there was nonetheless plenty of red-hot rhetoric when […]

Read More
25 February

Natural Resources Minister Amarjeet Sohi. Image: Union of B.C. Municipalities Canadian energy regulators’ decision to recommend approval of the Trans Mountain oil pipeline expansion won applause from the project’s supporters, but they’re already pressing Justin Trudeau’s cabinet to give it the government’s official blessing in a timely manner. With the National Energy Board (NEB)’s recommendation […]

Read More
24 February

Marc Garneau Transport Minister Marc Garneau is warning U.S. lawmakers that Canada will struggle to ratify the new North American trade deal if U.S. tariffs on steel and aluminum exports remain in place much longer. Garneau, taking part in a free-trade panel at the winter meeting of the National Governors Association, says time is running […]

Read More