CALGARY — Imperial Oil Ltd. CEO Brad Corson said Friday the federal government’s strategy to reduce emissions and reach net-zero amounts to overreach from Ottawa. “It is very aggressive and stretches the capability of what is technically and...
Canada joined forces Wednesday with the United States in a bilateral effort to push back against what they consider protectionist energy policies in Mexico that violate both the spirit and the letter of North America’s new trade rules. U.S. Trade Representative...
TORONTO — BMO Financial Group says it has struck a deal to buy Radicle Group Inc. for an undisclosed sum as it looks to expand its emission reduction advisory services. Calgary-based Radicle is a developer of carbon offsets and helps organizations measure and reduce...
By Adena Ali Suncor Energy Inc. said Monday that it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its Petro-Canada gas station chain with the goal of “unlocking shareholder...
OTTAWA — The federal government is proposing to use an industry-specific cap-and-trade system or a modified carbon pricing system to set a ceiling for emissions from the oil and gas sector and drive them down almost 40 per cent by the end of this decade. The two...
