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Federal government faces potential loss if Trans Mountain pipeline sold: PBO

  Taxpayers are facing potential billions of dollars in losses on the sale of the Trans Mountain pipeline as the Parliamentary Budget Officer estimates its current value is less than the sum of its assets. The pipeline could be worth between $29.6 billion and...

COP29 primer: Canada’s priorities at the global climate talks, and the Trump impact

Canada could be an important consensus builder at this year’s international climate negotiations, Environment and Climate Change Minister Steven Guilbeault said, while downplaying concerns that Donald Trump’s presidential election victory could hamper the...

Colleen Young new energy minister, Tim McLeod new justice minister in cabinet shuffle

Jim Reiter moves to deputy premier and finance Premier Scott Moe today appointed a new, smaller cabinet, with a new minister in every cabinet position. And in that shuffle, Lloydminster MLA Colleen Young was dealt the card for Minister of Energy and Resources. Also...

TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico

CALGARY — TC Energy Corp.’s Southeast Gateway pipeline project in Mexico is on track to come in 11 per cent below budget and should be operational no later than mid-2025, the Calgary-based company said Thursday. The project, which was green-lit in 2022, involves...

Running out the clock on the federal oil and gas emissions cap: SK energy minister

Late in the year, just in time for the next COP (Conference Of the Parties) event, the federal Liberal government released its planned oil and gas emissions cap details on Nov. 4. The Saskatchewan government reacted negatively to this plan, calling it a cap on...
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