A new version of a government-commissioned report about Alberta’s inactive oil wells and what to do about them now says the province should manage a new insurance fund, rather than backstop it with taxpayer funding. The tweaked language is one of a few changes...
CALGARY — Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector’s outlook should the weakness persist. West Texas Intermediate crude, the key U.S....
By Kelly Geraldine Malone in Washington Prime Minister Mark Carney said Donald Trump’s tariff regime will “fundamentally change the global trading system” after the U.S. president exempted Canada from his so-called “liberation day”...
CALGARY — Consumers are paying a new price on their carbon emissions starting today — $0. The levy had previously been set at $80 per tonne, an amount that has increased yearly since the charge was first imposed in 2019. That had most recently equated to 17.6 cents on...
HALIFAX — Mi’kmaw chiefs in Nova Scotia say they are considering legal action against newly passed provincial legislation that opens the door to hydraulic fracturing for natural gas. In a statement, the Assembly of Nova Scotia Mi’kmaw Chiefs says it is considering...
