Canada will have lots of allies if Trump goes after energy trade: Notley
Alberta premier notes huge cost increases if the US slaps a border adjustment tax on Canadian energy.
Feds provide $2.9B loan guarantee support for Muskrat Falls
Expected to ease costs on consumers that are estimated to hit 21.4 cents per kilowatt hour by 2021.
Counting on US consumers for growth
With improvements in labour and housing markets, the conditions are set for US household formation to rebound.
Sale of 15% of Hydro One shares, special dividends net over $5B
Ontario Liberals raises about $1.8 billion from the sale; will be used to pay down stranded debt from Ontario Hydro.
Alberta Utilities Commission approves $56M settlement in TransAlta case
The penalty for deliberately timing outages at power plants is the largest of its kind in Canadian history.
Recession unavoidable for Alberta this year
Conference Board expects economy to slide 0.7% this year.
Alberta boosts taxes, but still plans to run record deficit
Corporate income taxes will remain at 10%, but there’s a new income tax bracket on those who earn more than $100,000.
Mexico to import US gas thanks to $900M investment
US-based BlackRock and First Reserve investment firms acquire 45% stake to extend pipeline and complete the project.
Oil sector in for a tough year: Conference Board
Revenues are expected to fall by 37% and the industry shed close to 8,000 jobs, report says.
Talisman Energy cuts up to 200 jobs
Most cuts will be restricted to the company’s Calgary head office.
Sask. to rely on potash, agriculture during low oil prices, premier says
Brad Wall says the prairie province is well-positioned for long-term growth despite energy struggles.
Energy environment will test Canadian businesses’ resiliency, panel says
Controlling energy costs are increasingly important to competitiveness.
Tax cuts? Ottawa must first consider falling oil prices
Falling oil prices could derail the government’s plans to cut taxes and table a balanced budget in 2015, economists say.
Hudak vows to stabilize energy rates if elected
Factories and other businesses will flee if Ontario doesn’t get hydro prices under control, PC leader says.
“Within five years, I’ll be unemployed if this isn’t stopped.”
North Bay business owner says Ontario’s energy policies driving companies out of business.