SNC-Lavalin to restructure resources business to be profitable next year
The turn away from resources will reduce that segment’s operations to nine countries from 30
China uses trade as weapon to silence virus criticism
Some Australian beef imports blocked after government called for a robust inquiry into the outbreak and rebuffed Chinese demands to back off.
Trudeau caught in the middle of energy, environment, Indigenous demands
Politically explosive issues combine to make a perfect storm for the Liberal’s fragile minority.
‘Back to zero’: Canada’s premiers gather in Saskatoon, but none are women
Last time Canada was without any woman as premier was between November 2002 and November 2008.
Goldcorp’s Telfer will not join Newmont board once acquisition is complete
Newmont announced a friendly deal valued at US$10 billion to acquire Goldcorp in January.
Barrick’s makes hostile bid for Newmont as talks on partnership fall apart
A simmering dispute between world’s two largest gold miners erupted publicly Monday.
Operational Excellence in Energy, Chemicals and Resources Summit
For oil and gas, chemicals and resources companies: to…
Wait until Trans Mountain pipe built before buying in, Indigenous investors told
Uncertainty around regulatory hurdles a stumbling block for First Nations investors.
Economy grew 0.4% in February, boosted by resource sector: Statistics Canada
Rebound in the mining and oil and gas extraction sector, gains 2.4% for the month.
Cyber crime’s grave threat to automated resource firms
Danger of a multi-tonne piece of equipment running amok or shutting down at a critical time.
2 years-plus to adjust to commodity price decline: BoC
Tumbling resource prices have cost $1,800 for every Canadian.
Blame resource economy for poor gender diversity on boards: CIBC
Canada ranks 15th out of 23 industrialized economies in terms of gender diversity on corporate boards.
Economy highly diversified, not resource reliant: BoC
Forecasters have predicted the economy will improve in the last half of the year.
F Nations green light key to resource development
Study says it would give resource companies certainty, assures long-term benefits.
NW BC governments want a share of energy cash
Twenty-one municipalities form an alliance to get infrastructure money.
Share resource taxes with aboriginals: report
It also suggests they deserve a role in planning resource development
Quiet first quarter for Canadian M&A, but return of resource deals encouraging
Three of top 10 deals by value were in energy, making it the strongest sector of the quarter for the first time since 2012.
Nasty winter was good for Canadian gas producers
But report says production recovery unlikely in the short term.
Resources push BC budget into the black, Clark says
Growth plan includes the Site C hydroelectric dam and the inclusion of First Nations in that resource growth.
NEB grants four 25-year licences to export LNG from the West Coast
The energy regulator noted that developments in gas production technology have increased in the Canadian gas resource base and supply.
Mining companies need to innovate to survive: Deloitte report says
Volatile commodity prices means miners will have to learn to survive with smaller margins.
European producer to buy TriOil for $183.7M
Calgary junior energy producer is targeting light oil plays in Alberta.
Caribbean nations must prepare for climate change or risk fresh water
Environmental conference warns less rain, less water in reservoirs while rising sea levels could contaminate supplies.
Europe recovery will fuel Canadian export lift: CIBC
A 2% boost plus increased demand for commodities in China.
Newfoundland, Labrador to lead provincial economic growth in 2013
Will make up for a real GDP decline of 4.8% in 2012 by growing by an estimated 6% in 2013.
Iceland signs a free trade agreement with China
First European country to do so; expands China’s influence in the Arctic.
Ontario youth seeking jobs, think engineering!
Randstad report cites shortages of experienced engineers, plus supply imbalances.
Chinese could shift energy investments to forestry, mining
Canadian mining exports to China have eclipsed total exports to Germany.
Norway offers lessons to Canada in how to manage oil riches
CCPA report suggests a more hands-on approach from governments is required to develop Alberta’s oil resources.
BC’s gas export plans compare to Alberta’s oil sands: Clark
Huge royalties on the horizon, new customers beyond the US.
Wall goes after Mulcair’s oil sands comments
Saskatchewan Premier Brad Wall used Twitter to poke at Thomas Mulcair and comments the federal NDP leader made about resources and the high Canadian dollar.
Metals and minerals scarcity
A PwC report says shrinking supplies of critical metals and minerals could seriously affect seven key industrial sectors over the next five years.