Business headlines in 2023 saw a housing crisis and the fight against inflation take centre stage while the job market proved to be stronger than expected. Housing and the cost of living will likely remain at the forefront in 2024, as will central banks. Economists...
A critical milestone is on the horizon for Canada’s 175-year-long plan to bury its nuclear waste underground, with two pairs of Ontario communities set to decide if they would be willing hosts. Late next year, the Nuclear Waste Management Organization plans to...
The Ontario Energy Board strayed “out of their lane” with a decision that would increase costs for new homes heated with natural gas, the province’s energy minister said Friday as he promised to overturn it. But environmental groups said the...
Athabasca Oil Corp. and Cenovus Energy Inc. say they will create a new joint venture stand-alone company called Duvernay Energy Corp. The two companies say Athabasca will own a 70 per cent equity interest in Duvernay Energy with Cenovus owning the remaining 30 per...
Environment Minister Steven Guilbeault hailed a “monumental” deal Wednesday to close out COP28, the first time the United Nations climate summit of nearly 200 countries agreed to transition away from fossil fuels. The agreement approved in Dubai was...
