TC Energy Corp., the Canadian company behind the ill-fated Keystone XL pipeline, has suffered a major blow after a trade tribunal tossed out its claim to US$15 billion in damages. The Calgary-based company launched the claim in 2021 to seek compensation after its...
Manitoba Hydro, the province’s Crown-owned energy corporation, has named a new president and chief executive officer to guide the utility through challenges that include a high debt load and a need for new energy production. Allan Danroth, who served as a...
A court hearing for the Saskatchewan government to argue for an injunction to stop the Canada Revenue Agency from collecting millions in carbon levy money has been cancelled. Federal Court in Vancouver says lawyers for Saskatchewan indicate in a letter that...
CALGARY — Entropy Inc. says it has made a final investment decision to go ahead with its second carbon capture and storage project. The Alberta-based company says the project will capture emissions from parent company Advantage Energy’s Glacier Gas Plant in...
TORONTO — A shareholder advocacy group is calling out Canada’s property insurers for their support of the fossil fuel industry while also raising premiums because of climate-related disasters. Investors for Paris Compliance says in a report out Wednesday that...
