Cenovus Energy acquires 8.5 per cent stake in MEG Energy

CALGARY — Cenovus Energy Inc. says it has acquired an 8.5 per cent stake in MEG Energy Corp. The company, which has made a friendly takeover offer for MEG, says it acquired the 21,723,540 shares since Oct. 8 when it increased its bid. The announcement follows a...

‘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...