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The executive chairman of Strathcona Resources Ltd. says his company aims to join two complementary oilsands players with its unsolicited takeover bid for MEG Energy Corp., but one analyst calls the $5.9 billion being offered an “affront” to shareholders.
The May long weekend is when gasoline prices tend to start levelling off ahead of the high-demand summer driving season.
The Alberta Energy Regulator approved on Thursday a controversial coal exploration project on the eastern slopes of the Rocky Mountains.
China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain pipeline, ship tracking data showed, as a U.S. trade war has shifted crude flows in the year since the pipeline started operating.
Crude pipeline operator South Bow Corp. has reported a drop in quarterly profits and revenues.
For more than 65 years, Enbridge Inc.’s Westcoast pipeline has been pumping natural gas through First Nations territories across British Columbia.
Rio Tinto Group plans to spend as much as $1.2 billion by 2032 to modernize its 99-year-old power plant in Quebec, despite tariffs implemented by the Trump administration on Canadian imports of aluminum.
The president and CEO of Aya Gold & Silver Inc. says the Montreal-based company, which operates primarily in Morocco, had a strong first quarter as it ramped up production at a newly expanded silver mine.
An expert in critical minerals is telling U.S. senators that Canada can be a key ally in efforts to reduce America’s reliance on Chinese supply — after President Donald Trump spent months claiming the U.S. doesn’t need anything from its northern neighbour.
U.S. President Donald Trump appears to prefer U.S. oil prices between US$40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic.
Panasonic Holdings Corp.’s decision not to rush into expanding capacity to build batteries has been validated by slower global demand for electric vehicles, Chief Executive Officer Yuki Kusumi said.
Gold edged lower for the second time in three days as traders assess softer-than-expected U.S. inflation figures for April and cooling trade tensions with China.
NATO allies have started cobbling together an agreement to significantly boost defence spending in a way that may assuage U.S. President Donald Trump’s demand to spend five per cent of economic output on the military.
Egg prices pulled back 18 per cent from a record high last month, offering some relief as supplies recovered from bird flu shock, though tariffs risk higher costs ahead.
Porsche AG is expecting a dip in sales after consumers pulled forward purchases earlier this year to beat U.S. President Donald Trump’s auto tariffs.
U.S. President Donald Trump’s trade war is causing a reckoning on Canada’s benchmark stocks index, which is set to see an uptick in membership changes next month, Scotiabank analysts say.
