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Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report

Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report

TORONTO — A CIBC report says sweeping tariffs imposed by the U.S. could cost the Canadian economy as much as 3.25 per cent, even factoring in possible exemptions for the oil and gas sector.
Grain, crop, container shipments up for Prince Rupert, B.C., port

Grain, crop, container shipments up for Prince Rupert, B.C., port

PRINCE RUPERT, B.C. — The Port of Prince Rupert says cargo shipments were down by one per cent last year from 2023, but volume was up at terminals that ship containers, liquefied petroleum gas and agricultural crops.
Tariffs, deportations and 'drill, baby, drill': What to watch for as Trump returns

Tariffs, deportations and 'drill, baby, drill': What to watch for as Trump returns

WASHINGTON — The looming threat of devastating tariffs slapped against Canada hangs over president-elect Donald Trump's return to the White House Monday. Trump is preparing more than 100 executive orders.
Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill

Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill

EDMONTON, ALBERTA, CANADA — The Alberta Energy Regulator has laid nine charges against Imperial Oil almost two years after an estimated 5.
Energy minister makes the case for U.S.-Canada energy alliance in Washington

Energy minister makes the case for U.S.-Canada energy alliance in Washington

WASHINGTON — Energy and Natural Resources Minister Jonathan Wilkinson is making a case to American legislators for a Canada-U.S.
Global temperatures this year to rival 2024's record-breaking heat: climate officials

Global temperatures this year to rival 2024's record-breaking heat: climate officials

This year's average global temperature is expected to rival 2024's record-breaking heat, Canadian officials said Wednesday, underlining humanity's narrowing window to hit an international target intended to help avert some of climate change's most se
Public pension holdings in natural gas companies a risk: report

Public pension holdings in natural gas companies a risk: report

TORONTO — Canada's public pension funds should rethink the billions of dollars they've invested in natural gas infrastructure amid the global push to reduce emissions, a report out Wednesday from a climate advocacy group says.
After strategic review, New Brunswick's Irving Oil to remain privately held company

After strategic review, New Brunswick's Irving Oil to remain privately held company

SAINT JOHN, N.B. — New Brunswick-based Irving Oil Ltd. has confirmed that the century-old company will remain privately held, after completing a strategic review that started in June 2023.
Statistics Canada reports manufacturing sales up 0.8% in November

Statistics Canada reports manufacturing sales up 0.8% in November

OTTAWA — Statistics Canada says manufacturing sales rose 0.8 per cent to $71.5 billion in November, helped by higher sales in the aerospace product and parts industry group and the petroleum and coal product subsector.
Ford praises federal border plan ahead of meeting with prime minister, premiers

Ford praises federal border plan ahead of meeting with prime minister, premiers

Ontario Premier Doug Ford said Tuesday he's now convinced the federal government has a "phenomenal" plan to secure the Canada-U. S. border in response to Donald Trump's tariff threat — although he didn't offer up any details of that plan.
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