Precision Drilling Corp. says it earned $39 million in the third quarter of 2024, nearly double what it earned in the same time period last year. Canada’s largest oil-and-gas drilling rig company says the profit works out to $2.77 per share, compared to the $20...
Premier Danielle Smith says Alberta has applied for a judicial review of Ottawa’s exemption of the carbon levy on home heating oil. At a Tuesday announcement, Smith said it is “blatantly” unfair to Albertans who rely on natural gas to heat their...
Ontario is moving to extend a 5.7-cent cut to the provincial gas tax until next summer. Premier Doug Ford says his government will soon put forward legislation that, if passed, will keep the tax at nine cents per litre until June 30. The legislation would...
One day after Prime Minister Justin Trudeau was presented with a letter from some of his MPs asking for his resignation, he made crystal clear he is not going anywhere. “Yes,” he said, responding unequivocally to a question from a reporter if he would...
By Amanda Stephenson CALGARY — Investments in oil and gas production are important and must continue in tandem with increased investment in renewable and clean technologies, the deputy head of the International Energy Agency said Tuesday. Mary Burce Warlick made the...
