The Newfoundland and Labrador government revealed Thursday that it plans to take Ottawa to court over the federal equalization program, saying it puts Canada’s easternmost province at a disadvantage. Provincial Finance Minister Siobhan Coady and Attorney General John...
Meg Energy Corp. says it earned $98 million in its first quarter, up from $81 million during the same quarter last year. Meg Energy CEO Darlene Gates says the additional pipeline capacity from the start-up of the Trans Mountain expansion is expected to narrow...
A major Alberta utility has cancelled a large wind power project in response to new government rules on where such developments can be built. TransAlta CEO John Kousinioris said Friday the 300-megawatt Riplinger project near Cardston in southern Alberta will no longer...
Canadian pipeline operator TC Energy Corp. achieved record deliveries on its natural gas pipeline systems in the first quarter, thanks to booming North American electricity demand. The Calgary-based company said Friday, May 3, its comparable earnings from its Canada,...
Cenovus Energy has been ordered to pay a $2.5-million fine for its role in the largest offshore oil spill ever recorded in Newfoundland and Labrador. The fine was handed down in provincial court this morning, and the company has 30 days to pay up. The 2018 spill from...