Natural Resources
Buoyed by the bounce-back in commodities prices, Teck Resources Ltd. has become the best-performing Canadian stock in seven years. The country’s largest diversified miner has risen fivefold on the S&P/TSX Composite Index to a market value of $16 billion this...
Saskatchewan Premier Brad Wall was none too happy when Prime Minister Justin Trudeau announced his carbon pricing plan two weeks ago, calling it “a betrayal” because the provinces weren’t consulted. On Tuesday at a lunch event at the Regina and...
The federal government will introduce new regulations to cut Canadian carbon emissions later this fall, according to Environment Minister Catherine McKenna. The new measures will include making new and old buildings and houses more energy efficient. The regulations will come...
Three provincial environment ministers walked out of the federal-provincial climate talks on Monday after Prime Minister Trudeau announced his government’s plan to set a minimum carbon tax. He told the premiers that if their provinces don’t adopt a carbon tax...
The B.C. Utilities Commission has rejected a plan for a low-carbon power plant, proposed by the City of Vancouver and developer Ian Gillespie. Creative Energy is a company owned by Gillespie, who planned to build an underground network throughout parts of the downtown peninsula to supply heat and power to...
From her home in the Aberdeen subdivision high atop Kamloops, overlooking the Thompson River Valley, Helen Newmarch can smell the sagebrush and see the golden grasslands. She and her husband, Bruce, a family physician with a private practice in nearby Sahali, moved to the area in 1983 to be close...
Enbridge will not appeal a recent ruling from the Federal Court of Appeal that overturned Ottawa’s approval of the Northern Gateway pipeline. The court ruled in June that the federal government had not adequately consulted with Indigenous peoples who live near the route, which stretches across northern B.C. to an...
Prime Minister Justin Trudeau plans to approve at least one new oil pipeline project in his first term, according to a report by Bloomberg News. Quoting sources close to the Prime Minster, Bloomberg points to Kinder Morgan Inc.’s Trans Mountain expansion as the most likely candidate, as Trudeau aims to...
Enbridge Inc., Canada’s largest pipeline company, announced on Tuesday the acquisition of Spectra Energy Corp. of Houston in an all-stock deal valued at about $37 billion. The deal is being called the most significant energy deal since oil and natural gas prices crashed in mid-2014, and will create the largest...
It was the winter of 2008, and Ross Beaty—a man who’d made his fortune discovering mines, then running them, all around the world—was at the peak of his career. The company he founded in 1994, Pan American Silver Corp., was the second-largest silver-mining operation in the world, with seven mines...