Enbridge Inc. has bought Tri Global Energy (TGE), a U.S. renewable power project developer, for US$270 million in cash and assumed debt. The company will also pay up to an additional US$50 million contingent on successful execution of TGE’s project portfolio....
By Rosa Saba Enbridge Inc. has signed a deal to sell a minority stake in seven pipelines in the Athabasca region of northern Alberta to a group of 23 First Nation and Métis communities for $1.12 billion. Alberta premier Jason Kenney called the purchase a “historic,...
By Mia Rabson in Ottawa Environment Minister Steven Guilbeault isn’t warming to the idea of combating climate change by imposing a windfall tax on the massive profits being posted by some Canadian oil and gas producers. During the annual UN General Assembly in...
By Amanda Stephenson The CEO of Alberta Investment Management Corp. (AIMCo) says divesting from fossil fuels is the opposite of what pension funds should be doing if they want to help solve the climate crisis. Evan Siddall — head of what is one of...
CALGARY — A newly released ranking of the Toronto Stock Exchange’s top performers shows just how dominant Canadian oil and gas stocks have been in 2022 thanks to surging global energy demand and sky-high commodity prices. The TSX 30 is an annual list of the...
