Ontario Leads the G7 by Building First Small Modular Reactor
On May 8, Ontario and Ontario Power Generation (OPG) announced the green-lighting of four small modular reactors at the Darlington New Nuclear site. Here is the Ontario press release, verbatim. Note, there are an awful lot of quotes included in the press release. To see how this impacts Saskatchewan, which could be a great deal, click here.
Parkland agrees to be bought by U.S. heavyweight Sunoco in US$9.1B deal
A judge has declined to hear a challenge to Parkland Corp.’s last-minute decision to delay its shareholder meeting by more than a month so investors can vote on a US$9.1-billion takeover by Sunoco LP at the same time they elect a board of directors.
Cenovus Energy reports $859M Q1 profit, raises quarterly dividend
CALGARY — Cenovus Energy Inc. raised its dividend as it reported a first-quarter profit of $859 million, down from $1.18 billion a year ago.
Canadian Natural Resources reports Q1 profit up, record quarterly average production
CALGARY — Canadian Natural Resources Ltd. earned a first-quarter profit of $2.46 billion, up from $987 million a year ago as it reported record quarterly average production.
CN Rail hub set to proceed after Supreme Court dismisses appeal request
OTTAWA — The Supreme Court of Canada has dismissed an appeal request that sought to halt construction of a massive rail-and-truck hub in the Greater Toronto Area, paving the way for the project to proceed.
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