St. Lawrence Seaway shippers eye EV materials, but grain and ore remain the staples
Shippers who ply the St. Lawrence Seaway view critical minerals for electric vehicle batteries as key to their future — but it could be a while before the floodgates open on Canada’s largely untapped reserves.
Until then, grain and iron ore remain the staples, comprising nearly half of the 36.3 million tonnes of cargo that traversed the seaway last year.
Activist investor wants Parkland to consider strategic alternatives
A U.S. activist investor has set its sights on Calgary-based Parkland Corp., urging the fuel retailer to consider selling or spinning off its Burnaby, B.C., refinery.
New York-based Engine Capital LP., which owns about a two per cent stake in Parkland, sent a letter to the company’s board on Wednesday. In the letter, Engine criticized Parkland for being “unable to translate its advantaged strategic position and quality assets into adequate returns for shareholders,” and said the company could achieve better performance by becoming a pure play fuel and convenience retailer and getting rid of non-core assets.
Oxbow couple set up oilfield services app for Saskatchewan
An Oxbow couple saw a need for a made-in-Saskatchewan oilfield directory, back in the days when things were hopping. In 2019, Connie and Art Hannah launched the Sask Oilfield Services app.
Hearings begin before Supreme Court on federal environmental impact assessment law
Federal lawyers defended the government's Impact Assessment Act in the Supreme Court of Canada on Tuesday as a two-day hearing started to determine the future of how the country weighs the environmental costs of economic development. Several of...
Alberta premier says changes coming to ensure prompt reporting of oilsands spills
Premier Danielle Smith says laggardly public notification of Imperial Oil oilsands wastewater spills has illuminated the need for Alberta to ensure future alarms are sounded quicker.
Smith says her government is working with the province’s oilsands regulator to develop better policies to give affected groups timely notification.
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