Oil & Gas and Mining News

A new version of a government-commissioned report about Alberta's inactive oil wells and what to do about them now says the province should manage a new insurance fund, rather than backstop it with taxpayer funding.

OTTAWA — The country's merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell, Statistics Canada said Thursday. The federal agency said the result compared with a surplus of $3.1 billion in January.

CALGARY — Gasoline prices are coming down in Canada as the consumer carbon charge drops to zilch from 17.6 cents per litre, but motorists had yet to feel the full impact of the change on Tuesday.

OTTAWA — Liberal Leader Mark Carney promised Monday to get the federal government back into the business of home building, while Pierre Poilievre's Conservatives pitched a national energy corridor to fast-track approval of key infrastructure.

OTTAWA — Liberal Leader Mark Carney promised Monday to get the federal government back into the business of home building, while Pierre Poilievre's Conservatives pitched a national energy corridor to fast-track approval of key infrastructure.

CALGARY — Prime Minister Mark Carney killed the consumer carbon levy as one of his first acts upon taking office earlier this month. As of Tuesday, the price everyday Canadians pay for emissions will be set at $0.

HALIFAX — Mi’kmaw chiefs in Nova Scotia say they are considering legal action against newly passed provincial legislation that opens the door to hydraulic fracturing for natural gas.

OTTAWA — The Canadian economy was off to a solid start in January but early signs suggest growth stalled in February amid harsh winter weather and the looming threat of tariffs. Statistics Canada said Friday that real gross domestic product rose 0.

CALGARY — Prime Minister Mark Carney killed the consumer carbon levy as one of his first acts upon taking office earlier this month. As of April 1, the price everyday Canadians pay for emissions is to be set at $0.

REGINA — Two workers were assessed for minor injuries following a fire at the Co-op Refinery Complex in Regina. Federated Co-operatives Ltd. says the blaze has been contained and an "all clear" has been issued.