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News
Alberta's Smith says Tennessee trip isn't sending wrong message during trade war
1+ week, 4+ day ago (404+ words) Alberta Premier Danielle Smith denied suggestions Tuesday that her upcoming trip to Tennessee could be sending the wrong message amid a trade war between Canada and its southern neighbour. "I hope no one's surprised to hear that I believe it's…...
Trump boasts Keystone XL as trade talk win. It's not clear it was ever off the table.
3+ week, 3+ day ago (732+ words) 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 the grave!...
Bank of Canada holds key rate in 6th interest rate decision of the year
1+ week, 4+ day ago (294+ words) The Bank of Canada held its benchmark interest rate steady at 2.25 per cent for a seventh consecutive decision today. The central bank has been on the sidelines since late last year and was widely expected to remain on hold heading…...
Bank of Canada set to make 6th interest rate decision of the year
1+ week, 4+ day ago (149+ words) The Bank of Canada is set to make its sixth interest rate decision of the year this morning. Most economists and financial markets favour another rate hold from the central bank today. The Bank of Canada has held its policy…...
Federal Industry Minister Joly tight-lipped on leveraging Alberta energy with U.S.
2+ week, 3+ day ago (198+ words) Canada's industry minister is deflecting questions about whether the country will use Alberta's abundant energy exports as leverage in the tense trade war with the United States. Mélanie Joly, pressed by reporters in Calgary over whether oil and gas shipments…...
Transat secures $250M in new federal aid as fuel costs slam bottom line
2+ day, 23+ hour ago (394+ words) Transat A.T. Inc. has secured an additional $250 million in emergency financing from the federal government after high fuel costs drove it further into the red last quarter. The new low-interest line of credit from the Canada Enterprise Emergency Fund comes on…...
Ottawa extending gas tax holiday to January
1+ week, 3+ day ago (545+ words) The federal government is extending the suspension of federal fuel excise taxes until the new year to help Canadians feeling the pressure from higher energy costs caused by instability in the Middle East. "For Canada, it means practical relief at…...
Enbridge further expands stateside with US$2.55B pipeline and storage deal
3+ day, 16+ hour ago (254+ words) Enbridge Inc. is further expanding its reach into the U.S. market with a US$2.55-billion deal to buy the crude oil business of Tallgrass Energy LP. The acquisition announced Wednesday includes a 75 per cent interest in the Pony Express Pipeline, a…...
Alberta technology minister met with jeers at first town hall over AI data centres
3+ week, 3+ day ago (672+ words) Alberta's technology minister was jeered, badgered and booed late Wednesday by a room packed with hundreds of people over the province's plans for an artificial intelligence data centre. Nate Glubish was in the central town of Lacombe for the first…...
New Brunswick gives green light for 500 MW gas plant, subject to conditions
2+ week, 1+ day ago (731+ words) The New Brunswick government on Friday granted conditional approval for a 500-megawatt natural gas plant that officials say is crucial to avoid rolling electricity blackouts within the next two years. The green light comes after the province completed an environmental…...