News
Alberta and Ottawa have taken "major steps" to advance energy access: Premier Smith " BNN Bloomberg
2+ hour, 8+ min ago (188+ words) Alberta and Ottawa have taken "major steps" to advance energy access: Premier Smith BNN Bloomberg Alberta and Ottawa have taken "major steps" to advance energy access: Premier Smith Alberta Premier Danielle Smith says building a new pipeline "will unlock enormous…...
PM Carney says proposed Alberta pipeline depends on carbon capture conditions " BNN Bloomberg
3+ hour, 16+ min ago (191+ words) PM Carney says proposed Alberta pipeline depends on carbon capture conditions BNN Bloomberg PM Carney says proposed Alberta pipeline depends on carbon capture conditions PM Mark Carney says a low carbon oil pipeline will help "bolster" Canada"s independence, but…...
Canada strikes deal that sees 2027 start to build oil pipeline " BNN Bloomberg
11+ min ago (145+ words) Canada strikes deal that sees 2027 start to build oil pipeline BNN Bloomberg Canada strikes deal that sees 2027 start to build oil pipeline Mark Parsons, chief economist at ATB Cormark Capital Markets, joins BNN Bloomberg to discuss PM Carney and Premier…...
Quebec reimbursing farmers for fuel tax, says measure will help competitiveness
1+ hour ago (423+ words) DRUMMONDVILLE " Quebec Premier Christine Fr'chette has responded to pressure from the agriculture sector, promising to reimburse millions of dollars to farmers for fuel taxes linked to the province's carbon market. Starting in July, more than 15, 000 farmers will begin to be…...
Space X accelerates IPO timeline, targets June 11 pricing on Nasdaq: Reuters exclusive
1+ hour, 30+ min ago (190+ words) Elon Musk's rocket and satellite maker Space X is planning to price its blockbuster initial public offering as early as June 11 and has picked Nasdaq as its listing venue, people familiar with the matter told Reuters on Friday. Space X…...
Investor Outlook: Atkins R'alis nuclear growth boosts appeal of hard assets
2+ hour, 18+ min ago (817+ words) Atkins R'alis posted a first-quarter revenue beat driven by strength in its nuclear business, as investors continue debating the durability of technology stock valuations amid rising AI disruption concerns. Growing electricity demand tied to AI and industrial reshoring is also…...
India raises fuel prices as global energy crisis adds pressure on economy
6+ hour, 32+ min ago (513+ words) NEW DELHI " India raised fuel prices by three rupees (US$0. 03) per litre Friday as the government moved to offset losses due to higher global oil prices. In New Delhi, gasoline prices rose to 97. 77 rupees (US$1. 17) a liter, while diesel climbed…...
AFN chief warns against changes to major projects development rules, calls for debate
2+ hour, 53+ min ago (590+ words) OTTAWA " The national chief of the Assembly of First Nations says proposed changes to major project development rules are "not acceptable" and risk trampling on the rights of First Nations. The federal government is proposing granting authority to review interprovincial…...
Ottawa plans to greenlight Alberta oil pipeline construction by fall 2027, no private proponent yet
2+ hour, 47+ min ago (705+ words) With a green light from the federal government, Alberta hopes to begin construction on a new oil pipeline as early as fall 2027, with oil flowing by 2033-34. But, there remains no clear private sector investor to pay for it. Prime Minister…...
Hot Picks: Pharma stocks gain on obesity drug demand
3+ hour, 18+ min ago (1235+ words) Pharmaceutical stocks are regaining momentum as investors grow more confident in obesity drugs, oncology treatments and innovation across the biotech sector. Analysts say improving earnings, renewed M&A activity and expanding treatment markets are helping support sentiment across healthcare names....