Jan 18, 2017

Canadian energy firms at bigger risk from cyber, bomb attacks, spy agency says

Canada’s main spy agency last year warned energy companies about an increasing risk of cyber espionage and attacks on pipelines, oil storage and shipment facilities and power transmission towers using homemade explosives, according to a classified document obtained by Reuters. The Canadian Security Intelligence ...

Jan 15, 2017

Trudeau says Canada's oil sands must be phased out

Canada must “phase out” Alberta’s oil sands and end the country’s dependence on hydrocarbons, Prime Minister Justin Trudeau said on Friday. “We can’t shut down the oil sands tomorrow. We need to phase them out,” he said. “We need to manage the transition off ...

Jan 12, 2017

British Columbia OKs Trans Mountain pipeline to Alberta oil sands area

Canada’s Pacific Coast province of British Columbia on Wednesday approved the expansion of Kinder Morgan’s Trans Mountain pipeline from the Alberta oil sands that will allow oil exports to Asia. British Columbia Premier Christy Clark announced the conditions her government placed on the project ...

Jan 10, 2017

Honda to invest more than $370 million in Canadian plant

Honda will invest 492 million Canadian dollars ($372 million) in its Alliston factory north of Toronto, with financial support from the federal government and province of Ontario, Canadian Economic Development Minister Navdeep Bains said on Monday. The governments of Canada and Ontario will each ...