According to a report by Reuters, ConocoPhillips is in talks with investment banks in preparation for the sale of its $2.6 billion stake in Cenovus Energy, a major Alberta oil sands company. Cenovus photo. Cenovus [Read more]
Recently added threat of tariffs on auto imports is another risk factor By Glen Hodgson, Senior Fellow, Conference Board of Canada In normal circumstances, these should be boom times for Canadian exports. The U.S. economy is [Read more]
In 2016, Canada exported 5.4 million metric tons to U.S. but bought more steel than that from the United States The Conference Board of Canada says both Canadian and American consumers will likely be hurt [Read more]
“Canada will closely collaborate with the EU, which also filed a WTO challenge today on opposing these tariffs.” – Freeland The Canadian Government is filing litigation in response to the Trump Administration’s announcement that Canada’s exemption [Read more]
The Alberta carbon tax on gasoline increased on 1 Jan. 2018 to 6.73 cents/L, BC to 7.78 cents/L Gasoline prices in Canada have been increasing from this decade’s low of 90.2 cents per litre (cents/L) on average in Feb. 2016. In April 2018, [Read more]
$10 million to MEG Energy of Calgary to improve bitumen recovery in mining while reducing GHG emissions, water consumption The Government of Canada is contributing $26.34 million towards the development of technologies that lead to less pollution, [Read more]
$25K going to City of Saskatoon for project to support capacity building on connected and automated vehicles Connected and automated vehicles will bring about significant transformation in our transportation system, our communities, and our economy. [Read more]
BC economy forecast to advance by 2.6%, Alberta by 1.9%, Saskatchewan by just 1.3% All provinces can expect slower economic growth this year as a number of factors—ranging from uncertainty over NAFTA, stalled oil pipeline [Read more]
Alberta will participate in purchase, contributing up to $2 billion Finance Minister Bill Morneau and Natural Resources Minister Jim Carr announced the Government of Canada has reached a commercial agreement with Kinder Morgan to purchase [Read more]
Parliamentary Secretary to the Minister of Natural Resources, Kim Rudd (r.) and IRENA Director-General Adnan Z. Amin Currently, 181 countries and the European Union are engaged in IRENA’s work Canada is set to become a [Read more]
Conference Board research shows that over $2 trillion in investment required to cut emissions sharply The transportation of goods is one of the largest contributors to Canada’s greenhouse gas (GHG) emissions and it has increased significantly [Read more]
Most underground storage facilities in Canada are depleted oil and gas fields Natural gas is held in underground storage facilities in order to increase the reliability of natural gas supply throughout the year, according to [Read more]
Kinder Morgan’s Trans Mountain pipeline project is facing fierce opposition from the BC government, environmentalists and some First Nations. Canadian Finance Minister Bill Morneau said the Canadian Pension Plan could be possible investors in the [Read more]
Each additional USD $1 billion invested in energy efficiency would deliver more than 2.3 Mtoe of energy savings Energy efficiency has the potential to significantly reduce long-term energy demand in Canada according to a new report released [Read more]
Canada’s Finance Minister Bill Morneau blamed the government of British Columbia for the delay in the construction of the Kinder Morgan Trans Mountain pipeline expansion project. Reuters photo by Chris Wattie. Kinder Morgan stopped non-essential work [Read more]
The Energy Council of Canada named Chief Jim Boucher of the Fort McKay First Nation, and Chairman of the Fort McKay Group of Companies, the 2018 Canadian Energy Person of the Year. The Globe and [Read more]
Common obstacle to adoption of wind power is challenge to grid reliability Ontario and Quebec ranked in the top 10 jurisdictions in North America in terms their total amount of installed wind capacity in 2017, according [Read more]
TransCanada could begin clearing land in Montana this fall, as part of the initial steps in construction of its highly contentious Keystone XL pipeline. Canadian Press photo by Alex Panetta. TransCanada expects construction of Keystone [Read more]
A leak in the Keystone pipeline last November shut down the Alberta to US pipeline. Once repairs were complete, US pipeline safety regulators imposed pressure restrictions on the pipeline and reduced shipments of crude were [Read more]
Shipping, oil, gas, chemical, petrochemical industries support global liability and compensation regime Under the Oceans Protection Plan, the Government of Canada is ensuring ongoing protection of our coasts as part of the building of a [Read more]
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