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Scheer promises pipelines and energy development

May 17, 2019

Canada’s Conservative Party leader Andrew Scheer on Thursday said if he is elected in the October national election he will rein in spending, build oil pipelines and put the country on a path to energy independence by 2030. In a

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How Canada’s forestry sector is reshaping its future

May 16, 2019

Canada’s forest products industry is facing barriers to growth that require innovation, new trade markets and supportive government policies to overcome, according to a new report from the C.D. Howe Institute. In Branching Out: How Canada’s Forestry Products Sector is

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Alberta supported the country during its deepest recession: Fraser Institute

May 16, 2019

The federal government’s deficit in 2017 would have reached a staggering $39 billion — instead of the $19 billion actually recorded — if not for the disproportionate net revenue contributions from Alberta, finds a new study released today by the

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Tanker bill dies in the Senate – but legislation is still alive

May 16, 2019

Those in the oil sands can finally say: chalk one up for the good guys. A federal ban on tanker traffic off British Columbia’s north coast has been defeated in a Senate committee; following a 6-6 vote, the Senate’s transportation and

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Carbon levies drive inflation up 2%

May 15, 2019

Canada’s annual inflation rate edged up to two per cent in April from 1.9 per cent in March, driven in part by a carbon levy that pushed up gasoline prices in six provinces, Statistics Canada data showed on Wednesday. Prices

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Southern heads south, selling Alberta oil and NG assets

May 15, 2019

Southern Energy Corp. announced that it has closed the sale of its oil and natural gas assets in Alberta for approximately $640,000. “We are happy to have completed the sale of our Canadian assets that we inherited in December 2018 as part of the re-organization

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Woodfibre moving forward with LNG export terminal

May 15, 2019

Woodfibre LNG Ltd said  it plans to move forward with construction of its proposed $1.4-$1.8 billion liquefied natural gas export terminal in British Columbia later this year with the facility expected to be operational by 2023. That could make the

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West Coast tanker ban bill foundering in the Senate

May 15, 2019

Nevermind the heavily amended Bill C-69, the West Coast tanker ban legislation – Bill C-48 – is foundering in the rough seas of the Senate. C-48 prohibits tankers carrying “persistent” oil from unloading at ports on the west coast, from

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Cash-rich Canadian oil producers buying back shares, paying down debt

May 14, 2019

Canadian oil producers are raking in the highest revenues in five years thanks to strong global oil prices and Alberta’s production cuts, but government intervention has hamstrung their spending abilities, encouraging many to buy back shares and pay down debt.

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Spartan Controls exclusive representative of Hyundai electric motors in Western Canada

May 14, 2019

Hyundai Electric & Energy Systems Co., Ltd. have announced that Spartan Controls is now the exclusive representative for Hyundai electric motors in Western Canada. “We are very excited to be representing Hyundai electric motors in Western Canada,” says Grant Wilde,