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TC Energy signs deal to sell minority stake in pipeline to Indigenous groups

TC Energy Corp. is selling a minority stake in its Western Canadian natural gas transmission network to a consortium of Indigenous communities for $1 billion. The Calgary-based pipeline company said the deal, announced Tuesday, will enable...

Trans Mountain Corp. to have new CEO as Farrell moves to board chair role

Trans Mountain Corp. says CEO Dawn Farrell will become chair of the company’s board Sept. 1. The Crown corporation, which operates Canada’s only crude oil pipeline system from Alberta to the West Coast, says current board chair Bill Downe is retiring after...

Teck Resources achieves record copper output as QB mine project continues to ramp up

  By Amanda Stephenson With the sale of its coal business now firmly in the rear-view mirror, Canadian miner Teck Resources Ltd. marked its transition to a pure-play metals company by achieving record copper production in its second quarter. The Vancouver-based...

Environmental activists target Montreal airport for third straight day

Environmental activists have caused disruptions outside Montreal’s Trudeau International Airport for a third consecutive day in protest of Canadian fossil fuel policy. Activist group Last Generation Canada says three of its members  glued their hands to the road...

MEG Energy announces dividend as it reaps Trans Mountain expansion benefits

CALGARY – MEG Energy announced a quarterly dividend of 10 cents per share as it reported earnings of $136 million, saying a successful start-up of the Trans Mountain pipeline expansion has helped generate better prices for its oil. The Calgary-based oilsands...
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