NDP calls SaskPower rate hike “fiscal trainwreck,” Minister calls it “modest” compared to the alternative
The NDP are calling rate hikes part of a “fiscal trainwreck,” while the minister says they’re modest and part of an energy security plan that is cheaper than the alternative.
Royal Helium’s unsecured creditors can expect diddly-squat
Royal Helium Ltd.’s unsecured creditors can expect to receive precisely zero, according to bankruptcy documents received by Pipeline Online on Jan. 2. But while those creditors are left holding the bag, Royal’s properties are being taken over by Keranic Industrial Gas Inc., a company headed by its former Royal CEO Andrew Davidson.
U.S. designs for Venezuelan oil industry put pressure on Canadian oil stocks
Shares in Canada’s biggest oilsands producers came under pressure Monday after the U.S. military captured the Venezuelan leader and President Donald Trump announced plans to put that country’s oil industry into the hands of American companies.
Rubio says US won’t govern Venezuela but will press for changes through oil blockade
Secretary of State Marco Rubio suggested Sunday that the United States would not take a day-to-day role in governing Venezuela other than enforcing an existing “oil quarantine” on the country, a turnaround after President Donald Trump announced a day earlier that the U.S. would be running Venezuela following its ouster of leader Nicolás Maduro.
Carney says Canada ‘welcomes the opportunity for freedom’ after Maduro’s capture
Prime Minister Mark Carney reacted on Saturday afternoon by noting that one of the first actions taken by his new government in March was to impose additional sanctions on Nicolás Maduro’s “brutally oppressive and criminal regime.”
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