Strathcona formally launches takeover bid for oilsands peer MEG Energy

Strathcona Resources Ltd. has formally launched its takeover bid for fellow oilsands producer MEG Energy. Its offer, open until Sept. 15, comprises 0.62 of a common share of Strathcona and $4.10 in cash for each MEG share it doesn’t already own. MEG said Friday...

Government moves to purge consumer carbon pricing from law

The federal government moved on Tuesday to purge consumer carbon pricing from law, effectively putting an end to what was once the keystone of the Liberals’ climate policy. In a notice of motion tabled in the House of Commons, the government signalled it...