Arcola town hall: Scott Moe on fuel prices, possible cash to the people, carbon tax, separation, fertilizer, and energy security
Asked by Gordon Dixon, a farmer, about rising fuel prices and the federal carbon tax, Premier Moe hinted at possible options including looking at fuel taxes, possible cash refunds to the population, and deficit repayment. He also tackled the concept of Saskatchewan separating from Canada, federal jurisdiction, a “nation within a nation,” fertilizer and energy security.
Canadian Natural reports $3.5B profit in second quarter amid oil price spike
CALGARY — Canadian Natural Resources Ltd. reported a second-quarter profit that was more than double what it made in the same period last year. The company said it earned $3.5 billion or $3 per diluted share for the quarter ended June 30, up from...
Environmental groups protest proposals to build LNG terminals on Canada’s East Coast
A coalition of environmental groups is calling on Ottawa to reject any proposals to build export facilities for liquefied natural gas on Canada’s East Coast, saying such projects will produce “climate-wrecking emissions.”
The coalition, which includes the Sierra Club Canada Foundation and Climate Action Network Canada, issued a statement Thursday that also takes aim at the financial risks associated with multibillion-dollar ventures that could take several years to come on stream.
Suncor must stop diagnosing and start executing workplace safety changes: Interim CEO
CALGARY — The new interim CEO of Suncor Energy Inc. says the oil and gas giant is ready to stop studying its workplace safety problem and start implementing solutions instead. Kris Smith, who took the helm of the Canadian oil and gas producer in...
Suncor’s Q2 net profit increases more than fourfold year-over-year
Suncor Inc. says it earned $3.99 billion in the second quarter of 2022, or $2.84 per common share, more than four and a half times the $868 million it earned in the same period of 2021.
The Calgary-based oil producer and refiner, which reported after markets closed Thursday, says its adjusted funds from operations hit $5.35 billion in the quarter, the highest in the company’s history by 33 per cent.
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