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Moe, Smith repeat calls for federal action and support for energy projects

Moe, Smith repeat calls for federal action and support for energy projects

LLOYDMINSTER — The premiers of Alberta and Saskatchewan say Prime Minister Mark Carney needs to repeal certain energy policies if he wants Canada to have the strongest economy in the G7.
Carbon budget to keep global warming at 1.5 C could be exhausted in 3 years: report

Carbon budget to keep global warming at 1.5 C could be exhausted in 3 years: report

The world is on pace to emit enough greenhouse gas emissions over the next three years to blow by an international target to limit global warming to 1.
Keyera says $5.15B deal to buy Plains' Canadian business to help energy security

Keyera says $5.15B deal to buy Plains' Canadian business to help energy security

CALGARY — Keyera Corp.'s deal to buy the Canadian natural gas liquids business of U.S. firm Plains for $5.15 billion will help boost this country's energy security and economic resilience, its chief executive says.
S&P/TSX composite closes higher, U.S. stock markets mixed

S&P/TSX composite closes higher, U.S. stock markets mixed

Canada's main stock index climbed higher on Wednesday and U.S. stock markets closed out the trading day mixed as investors digested an uncertain interest rate outlook south of the border. The S&P/TSX composite index was up 18.46 points at 26,559.
Some N.S. municipalities who voted for pause on uranium get letters from premier

Some N.S. municipalities who voted for pause on uranium get letters from premier

HALIFAX — After at least two Nova Scotia municipalities voted in favour of asking the provincial government to slow down on its uranium exploration plans, their offices received several-page-long letters from Premier Tim Houston saying the province n
Brazil auctions off several Amazon oil sites despite environmentalists and Indigenous protests

Brazil auctions off several Amazon oil sites despite environmentalists and Indigenous protests

BRASILANDIA, Brazil (AP) — Brazil auctioned off several land and offshore potential oil sites near the Amazon River on Tuesday as it aims to expand production in untapped regions despite protests from environmental and Indigenous groups .
Canadian bank fossil fuel funding rose in 2024 despite record heat: report

Canadian bank fossil fuel funding rose in 2024 despite record heat: report

TORONTO — Canadian banks were once again ranked as among the world's top fossil fuel financiers in a report that showed overall funding rose in 2024 despite it being the hottest year on record.
Liberals under fire for rushing bill through Parliament to speed up resource projects

Liberals under fire for rushing bill through Parliament to speed up resource projects

OTTAWA — Prime Minister Mark Carney’s government is coming under fire for seeking to rush through a major piece of legislation that grants cabinet sweeping powers to quickly approve major projects.
Saskatchewan premier pitches 'port-to-port corridor' for energy and other exports

Saskatchewan premier pitches 'port-to-port corridor' for energy and other exports

CALGARY — Saskatchewan Premier Scott Moe is pitching the idea of a "port-to-port corridor" that would connect energy and other goods to Canada's northern Pacific and Arctic coasts.
Proxy advisory firms ISS and Glass Lewis back Sunoco offer for Parkland

Proxy advisory firms ISS and Glass Lewis back Sunoco offer for Parkland

CALGARY — Two proxy advisory services are recommending shareholders vote in favour of Parkland Corp.'s planned takeover by U.S. company Sunoco LP. Institutional Shareholder Services Inc. and Glass, Lewis & Co.