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Resources & Agriculture

Barclays, once major funder, commits to stop financing oilsands

Barclays, once major funder, commits to stop financing oilsands

Barclays PLC, once a major oilsands funder, says it will no longer provide financing to the industry.
Moving B.C. salmon farms from water to land costly, risky: study

Moving B.C. salmon farms from water to land costly, risky: study

Replacing current production from open-net salmon farms in B.C. with land-based systems would require at least $1.8 billion in investment, government subsidies and regulatory changes.
Decision on new Suncor CEO expected 'very soon'

Decision on new Suncor CEO expected 'very soon'

CALGARY — Suncor Energy Inc. did not announce the name of its new CEO on its fourth-quarter earnings call Wednesday, though interim chief executive Kris Smith said a decision is expected "very soon.
West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

West Fraser Timber Co. Ltd. says it saw losses of US$94 million in the fourth quarter of 2022, down more than 128 per cent from earnings of US$334 million during the same quarter a year earlier. The company, which reports in U.S.
FortisBC, LNG Canada join First Nations LNG Alliance

FortisBC, LNG Canada join First Nations LNG Alliance

91Ô­´´ LNG Alliance loses two key members to First Nations LNG group
TC Energy increases dividend, reports Q4 loss due to rising costs of Coastal GasLink

TC Energy increases dividend, reports Q4 loss due to rising costs of Coastal GasLink

CALGARY — TC Energy Corp. raised its dividend as it reported a nearly $1.45-billion loss in its fourth quarter due to rising cost of its Coastal GasLink project.
Imperial Oil files cleanup plan for tailings leak in Alberta, won't disclose details

Imperial Oil files cleanup plan for tailings leak in Alberta, won't disclose details

Imperial Oil Ltd. has filed a plan for the interim cleanup of one of the largest oilpatch spills in Alberta history but won't say what it is.
B2Gold signs agreement to buy Sabina Gold and Silver for $1.1B in all-stock deal

B2Gold signs agreement to buy Sabina Gold and Silver for $1.1B in all-stock deal

VANCOUVER — B2Gold Corp. has signed a deal to buy Sabina Gold and Silver Corp. in an all-stock deal valued at $1.1 billion. Sabina owns the Back River gold district in Nunavut including five mineral claims across an 80-kilometre belt.
New Enbridge CEO says Canada is missing opportunities as world cries out for energy

New Enbridge CEO says Canada is missing opportunities as world cries out for energy

CALGARY — The new CEO of pipeline giant Enbridge Inc. says regulatory uncertainty in this country has resulted in a "lost decade" for 91Ô­´´ liquefied natural gas production.
Enbridge reports $1.1B Q4 loss as it takes $2.5B goodwill impairment charge

Enbridge reports $1.1B Q4 loss as it takes $2.5B goodwill impairment charge

CALGARY — Enbridge Inc. reported a loss of $1.1 billion in its latest quarter as it took a $2.5-billion non-cash goodwill impairment charge related to its gas transmission business as a result of what it said was the increased cost of capital.