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Resources & Agriculture
Resources & Agriculture
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.
Feb 15, 2023 2:17 PM
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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.
Feb 15, 2023 12:51 PM
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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.
Feb 15, 2023 9:26 AM
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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.
Feb 14, 2023 3:36 PM
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FortisBC, LNG Canada join First Nations LNG Alliance
91Ô´´ LNG Alliance loses two key members to First Nations LNG group
Feb 14, 2023 2:40 PM
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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.
Feb 14, 2023 6:08 AM
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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.
Feb 13, 2023 12:34 PM
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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.
Feb 13, 2023 7:49 AM
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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.
Feb 10, 2023 2:06 PM
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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.
Feb 10, 2023 7:19 AM
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