Tag Archives: Business & Economy
Feds won't explain claim pipeline expansion will raise $500M in tax revenue
OTTAWA - Finance Minister Bill Morneau will not explain how his department estimated that finishing the Trans Mountain pipeline expansion will bring another $500 million in corporate tax revenue into ...
Nov 25, 2019
Trans Mountain received $320M in government subsidies in first half 2019: report
VANCOUVER - The Trans Mountain pipeline received $320 million in subsidies from the Canadian and Alberta governments in the first half of 2019, says a new report by an economic institute that analyzes...
Nov 19, 2019
One year later most oil-and-gas bailout money has moved, federal government says
OTTAWA - Canada's $1.6-billion bailout package for Alberta's battered oil industry is well underway but with little transparency about who is getting the money and for what. Almost $1 billion of ...
Nov 15, 2019
North American trade pact could be passed before year's end, Pelosi says
WASHINGTON - The most powerful Democrat in the United States Congress says she believes members of Congress could vote on the new North American free-trade agreement before the end of the ye...
Nov 14, 2019
Alberta alters rules on oil production limits to spur more conventional drilling
EDMONTON - Alberta's energy minister says the government is adjusting its rules on oil production limits to give producers incentive to drill more conventional wells. Sonya Savage says, star...
Nov 08, 2019
Alberta tables climate plan for industry; retains key parts of old legislation
EDMONTON - Alberta has introduced a new climate plan for the province's big greenhouse gas emitters that it says will achieve similar emissions cuts as the former NDP government's plan and at less cos...
Oct 29, 2019
Liberals: TMX pipeline could fund $500 million a year in clean energy projects
OTTAWA - The Liberal government expects to get $500 million a year out of the expanded Trans Mountain pipeline and is promising to spend it all on cleaner sources of energy and projects that...
Oct 24, 2019
Oilsands carbon liability at centre of closely watched New York fraud lawsuit
Alberta's oilsands are at the centre of a closely watched court battle in New York today. The state's attorney general is accusing Exxon Mobil of misrepresenting the risks the operations face as gover...
Oct 23, 2019
Trucking industry looking towards greener pastures, with fuel efficient technology in its future
Alongside a growing number of electric and non-gas dependent vehicles on the market, BC's trucking industry is taking steps toward implementing greener, more fuel efficient technology. While speaking ...
Sep 29, 2019
Trans Mountain puts contractors on notice to get ready for pipeline restart
OTTAWA - Construction on the Trans Mountain pipeline expansion project is set to restart in the next month, just in time for the official kick-off of the federal election. Trans Mountain Corp., t...
Aug 21, 2019

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