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News
Transat secures $250-million bailout loan from feds as fuel costs slam bottom line
2+ day, 19+ hour ago (813+ words) year before, the Montreal-based company said. The financial hit brings the cumulative toll of the energy...
Bank of Canada's Sept. 2 rate call could mark sixth straight hold at 2.25% — and mortgage holders need a plan
2+ week, 6+ day ago (774+ words) monetary policy, but it also carries distinct financial implications depending on the type of mortgage...at 2.25%, the prime rate across major Canadian financial institutions remains at 4.45%. Variable-rate...
MEDIA ADVISORY - Secretary of State McLean to highlight the extension of the federal fuel tax relief for Canadians
6+ day, 19+ hour ago (98+ words) GATINEAU, QC, Sept. 6, 2026 /CNW/ -- The Honourable Stephanie McLean, Secretary of State (Seniors), will be in Nanaimo to highlight the Government of Canada's extension of the federal fuel excise tax suspension to help bring down everyday costs for Canadians. Please note…...
Enbridge buying Salt Creek Midstream's crude oil gathering business for US$600M
2+ week, 3+ day ago (169+ words) CALGARY — Enbridge Inc. says it has signed a deal to buy Salt Creek Midstream's crude oil gathering business in the Delaware basin for US$600 million in cash. The deal includes full ownership of the Orla and Wink North systems and…...
Bank of Canada set to make 6th interest rate decision of the year
1+ week, 4+ day ago (162+ words) of the year this morning. Most economists and financial markets favour another rate hold from the central...
N.S. government tables bill to review new regulation system for Nova Scotia Power
3+ day, 15+ hour ago (180+ words) HALIFAX — The premier of Nova Scotia Premier says his government is triggering a review into how the province's major power utility earns its income in order to see whether this leads to better service and accountability. Houston, who is also…...
Trump boasts Keystone XL as trade talk win. It's not clear it was ever off the table.
3+ week, 3+ day ago (752+ words) OTTAWA — U.S. President Donald Trump boasted Tuesday about reviving the Keystone XL pipeline project, touting it as a win in trade negotiations with Canada. "The great Keystone XL Pipeline, long ago killed by Sleepy Joe Biden, may be awoken from…...
Tamarack Valley Energy and Headwater Exploration sign merger deal
5+ day, 1+ hour ago (155+ words) CALGARY — Tamarack Valley Energy Ltd. and Headwater Exploration Inc. have signed a merger deal valued at $10 billion that they say will bring together their operations in the Clearwater region in Alberta. Under the proposed transaction, Headwater shareholders will receive one…...
TSX up over 250 points on basic materials strength, U.S. markets also positive
1+ week, 3+ day ago (473+ words) TORONTO — Canada's main stock index rose more than 250 points Wednesday, helped by strength in the basic materials sector, while U.S. markets also gained ground. The S&P/TSX composite index was up 265.88 points at 36,091.61. Canadian investors kept a close eye…...
Quebec and Newfoundland and Labrador reach energy agreement
3+ week, 6+ day ago (740+ words) ST. JOHN'S — Hydro utilities in Quebec and Newfoundland and Labrador have reached a non-binding agreement to share energy from Labrador, with help from the federal government. Prime Minister Mark Carney and the premiers of both provinces were on hand to…...