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Canadian industry singing praises of Inflation Reduction Act as federal budget nears

CALGARY — Canadian oil and gas companies are singing from the same songbook in the lead-up to the 2023 federal budget, and its title is the Inflation Reduction Act. The U.S. legislation, signed into law by U.S. President Joe Biden in August of last year, has been...

Environmental groups celebrate as ExxonMobil gives up oil exploration permits in B.C.

VANCOUVER — Environmental groups are celebrating after ExxonMobil relinquished offshore oil and gas exploration permits in British Columbia dating back more than 50 years. Lawyer Ian Miron with Ecojustice Canada says the company has been dropped from a Federal Court...

Trans Mountain pipeline construction costs balloon again, this time to $30.9B

CALGARY — The estimated cost of the Trans Mountain pipeline expansion project has increased once again, this time to $30.9 billion. That’s the latest figure from Trans Mountain Corp., the federal Crown corporation that owns the pipeline. On Friday, Trans...

Federal environment minister says Alberta silence over oilsands spill ‘worrisome’

Alberta’s nine-month silence over two releases of toxic oilsands tailings water is “worrisome,” said federal Environment Minister Steven Guilbeault. “It is very worrisome that for over half a year, the Alberta regulator did not communicate with...

Trudeau announces supports for Ukraine, hydrogen deal with Europe as EU head visits

By Dylan Robertson and Marie-Danielle Smith in Ottawa Prime Minister Justin Trudeau announced more support for Ukraine and a new hydrogen agreement with Europe on Tuesday alongside European Commission President Ursula von der Leyen. Canada will extend the Operation...
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