RBC and Scotiabank say they’re dropping their 2030 targets for reducing financed emissions as governments pull back on climate action and artificial intelligence drives a surge in energy demand. In 2022, RBC set goals to reduce funded emissions for the oil and...
By Lauren Krugel Confidence is waning in a new oil pipeline being chosen for a speedy federal review within the next year, a recent business sentiment survey from ATB Cormark Capital Markets suggests. The investment firm canvassed executives representing 24...
By Lauren Krugel Canadian oil and gas producers are benefiting from the surge in commodity prices driven by the Middle East war, but they say it’s not changing their investment plans in the near-term. It’s too early on in the crisis, triggered in...
By Craig Lord The Liberal government will suspend the excise fuel tax on gasoline and diesel until Labour Day as the Iran war sends energy costs surging, Prime Minster Mark Carney announced on Tuesday. Carney said the tax break will start April 20 and is expected to...
The Competition Bureau says it has obtained a court order to gather information related to Keyera Corp.’s proposed deal to buy the Canadian natural gas liquids business of U.S. firm Plains. The watchdog, which opened a review into the potential merger...
