National Newswatch

Oilpatch welcomes federal aid for large firms despite climate change conditions

May 11 2020 — Dan Healing, The Canadian Press — CALGARY — A federal financing relief package for large Canadian companies was applauded by the oil and gas sector and the Alberta government on Monday despite conditions that could link the aid to an individual company's climate change goals. In Edmonton, Alberta Finance Minister Travis Toews welcomed the announcement, saying that the province's large companies, particularly in oil and […]

Nova Scotia LNG project decision delayed due to market conditions, COVID-19

Apr 16 2020 — Dan Healing, The Canadian Press — CALGARY — Pieridae Energy Ltd., the company planning to build a $10-billion LNG export facility in Nova Scotia, says it will delay making a final investment decision expected this fall because of depressed global LNG markets and the COVID-19 pandemic. Meanwhile, CEO Alfred Sorensen said the company is continuing to lobby the federal and provincial governments for financial […]

Quebec miners go back to work with new restrictions to limit COVID-19 spread

Apr 14 2020 — Dan Healing, The Canadian Press — TORONTO — Companies with mines in Quebec are moving to restart suspended operations after the province announced Monday it would redesignate mining, residential construction, auto mechanics and landscaping operations as essential services starting Wednesday. The industries were included in a three-week shutdown of all non-essential services in Quebec starting March 24 to try to limit the spread of the COVID-19 pandemic. The […]

TC Energy enlists Alberta to help finish US$8-billion Keystone XL project

Mar 31 2020 — Dan Healing, The Canadian Press — CALGARY — A final investment decision clearing the way for construction of the long-delayed Keystone XL Pipeline was greeted with relief on Tuesday by an Alberta oilpatch where production has grown faster than pipeline capacity. The decision by Calgary-based TC Energy Corp. to go ahead with the US$8-billion project was widely anticipated after it cleared major U.S. regulatory hurdles […]

Kenney warns cancelled energy projects stand in the way of Indigenous prosperity

Feb 26 2020 — Dan Healing, The Canadian Press — CALGARY — A $1-billion fund established last year to support Indigenous participation in major projects won't have any projects to back if the circumstances that led to the cancelling of the Frontier oilsands mining project this week continue, Alberta Premier Jason Kenney warned on Wednesday. In a speech at the Indigenous Participation in Major Projects conference in […]

Kenney warns cancelled energy projects stand in the way of Indigenous prosperity

Feb 26 2020 — Dan Healing, The Canadian Press — CALGARY — A $1-billion fund established last year to support Indigenous participation in major projects won't have any projects to back if the circumstances that led to the cancelling of the Frontier oilsands mining project this week continue, Alberta Premier Jason Kenney warned on Wednesday. In a speech at the Indigenous Participation in Major Projects conference in […]

Coastal GasLink pipeline investor committed to closing deal despite protests

Feb 18 2020 — Dan Healing, The Canadian Press — CALGARY — An investment firm buying a stake in the Coastal GasLink pipeline says it remains "committed" to the deal despite protester blockades that have shut down railway lines in parts of Canada and threaten to inflict damage to the Canadian economy. Alberta Investment Management Corp., which looks after more than $115 billion in public sector pension funds for the province, agreed […]

Finance minister finds ‘alignment’ at pre-budget roundtable in Calgary

Jan 16 2020 — Dan Healing, The Canadian Press — CALGARY — There was "more alignment" than expected with federal Finance Minister Bill Morneau at a pre-budget roundtable with the Business Council of Alberta on Thursday, according to the group's president. But economic fear that has boosted separatist sentiment in Alberta will likely continue until residents start to see the benefits of completed pipeline expansions and hear strong […]