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Electric and gas utility Fortis reports $396M Q4 profit, up from $381M a year earlier

Fortis Inc. reported a fourth-quarter profit of $396 million, up from $381 million a year ago. The electric and gas utility says the profit amounted to 79 cents per share for the quarter ended Dec. 31, up from 78 cents per share a year earlier. Fortis says the...

Imperial Oil CEO believes company will be ‘resilient’ to potential tariffs from U.S.

By Sammy Hudes The chief executive of Imperial Oil Ltd. says he hopes Canada can avoid potential tariffs from the U.S. on energy products, but believes his company should be well-positioned to withstand the negative effects. Speaking Friday on the company’s...

Quebec, Newfoundland and Labrador announce energy deal to resolve decades-old dispute

Holy mackerel! Quebec and Newfoundland end one of the most bitter energy disputes in Canadian history. Quebec will start paying 29.5x the rate it was paying for Churchill Falls electricity By Sarah Smellie Quebec and Newfoundland and Labrador have signed a sweeping...

Trudeau says dealing with Trump will be “a little more challenging” than last time

  Prime Minister Justin Trudeau said dealing with incoming president Donald Trump and his thundering on trade will be “a little more challenging” than the last time he was in the White House. Speaking at an event put on by the Halifax Chamber of...

B.C. selects nine wind power projects to boost energy supply by eight per cent a year

British Columbia has given the green light to nine wind energy projects to help power the province’s economy and light up 500,000 homes, Premier David Eby said Monday. BC Hydro, the province’s Crown utility, selected the wind power projects following a...
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