Oil & Gas and Mining News

EDMONTON — Alberta Premier Danielle Smith says she's "greatly heartened" by U.S. President Donald Trump's tariff pause, saying the eleventh-hour deal with Canada follows through on a border security measure she had been calling for.

WASHINGTON — Prime Minister Justin Trudeau says Canada will hit back with steep, immediate retaliatory tariffs on American goods after U.S. President Donald Trump confirmed he is moving ahead with devastating duties on Canada starting Tuesday.

EDMONTON — With U.S. tariffs on Canadian goods set to begin Tuesday, business groups say even the reduced tariff on Canadian energy will damage economies on both sides of the border. U.S.

OTTAWA — U.S. President Donald Trump signed an order Saturday to impose tariffs of 10 per cent on Canadian energy and 25 per cent on everything else beginning on Feb. 4.

CALGARY — Alberta Premier Danielle Smith and Canada's energy industry say they will await details before responding to the latest threat by U.S. President Donald Trump surrounding tariffs.

TORONTO — RBC has quit the UN-backed Net-Zero Banking Alliance, leaving none of Canada's Big Six banks represented in the group.

TORONTO — RBC has quit the UN-backed Net-Zero Banking Alliance, leaving none of Canada's Big Six banks represented in the group.

The chief executive of Imperial Oil Ltd. says he hopes Canada can avoid potential tariffs from the U.S. on energy products, but believes his company should be well-positioned to withstand the negative effects.

CALGARY — Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility.

ST. JOHN'S, N.L. — Norwegian energy giant Equinor has contracted two companies to do preliminary work for the stalled Bay du Nord offshore oil project in Newfoundland and Labrador.