‘It depends’: Carney shifts stance on maintaining emissions cap

OTTAWA — Prime Minister Mark Carney said Friday the fate of the emissions cap on oil and gas producers depends on other efforts to lower emissions, suggesting his government might be open to scrapping the policy — an apparent shift from his commitment to it earlier...

Strathcona Resources abandons takeover pursuit of MEG Energy

CALGARY — Strathcona Resources Ltd. has ended its hostile takeover pursuit of MEG Energy Corp., clearing the way for a rival friendly bid from Cenovus Energy Inc. The move comes two days after Cenovus sweetened its offer for MEG, its neighbour in Alberta’s...

CEO of new Major Projects Office skirts MPs’ questions about tanker ban

The head of Canada’s new Major Projects Office and her staff sidestepped MPs’ questions Thursday about whether she has special powers to skirt the West Coast tanker ban. Dawn Farrell was hired earlier this year as the CEO of the new office, which has been...