OTTAWA - A federal ban on tanker traffic off British Columbia's north coast has been defeated in a Senate committee. On a 6-6 vote, the Senate's transportation and communications committee rejected Bill C-48 Wednesday night. The committee’s five Conservative senators voted against it, joined by Alberta independent Paula Simons. Five other independents and one self-identified Liberal voted in favour. When the result was clear — a tie vote means whatever is being proposed fails — the [Read more]
Keyera stock rises after it green-lights $1.3-billion Alberta liquids pipeline
CALGARY - Shares in Keyera Corp. rose by as much as nine per cent after it announced it will proceed with a long-anticipated $1.3-billion pipeline to bring natural gas liquids from northwestern Alberta to market. The Key Access Pipeline System is designed to collect condensate and other petroleum liquids produced with natural gas in the Montney and Duvernay regions and bring it to the liquids processing and storage hub at Fort Saskatchewan, just northeast of Edmonton. On a conference call [Read more]
Alberta premier Jason Kenney says provincial carbon tax will die May 30
EDMONTON - Premier Jason Kenney says Alberta's carbon tax will be dead soon. Kenney says the Carbon Tax Repeal Act is to be introduced during next week's legislature sitting and will have a proviso to end the tax by the end of the month. "By May 30th there will no longer be an Alberta carbon tax," Kenney said Monday at a news conference outlining some of the legislation coming from his new United Conservative government. An end to the tax implemented by the former NDP [Read more]
NDP unveils parts of climate plan in motion as the Green Party edges closer
OTTAWA - NDP leader Jagmeet Singh says his party will cut Canada’s emissions almost in half over the next decade as he tries to stake out a claim to the climate change agenda in the looming federal election. The pledge is one contained in an NDP motion expected today in the House of Commons that will lay out eight broad strokes of the NDP’s climate change platform. The motion asks for Prime Minister Justin Trudeau to declare “an environment and climate emergency” as well as pledge to cut [Read more]
‘No negotiations:’ Inuit group wants Arctic areas saved from development
IQALUIT, Nunavut - An Inuit land-claim group is asking the federal government to permanently protect large sections of the Eastern Arctic from any industrial development. The request is part of a huge effort to map out how and where oil, gas and mining should go ahead on land and water around Baffin Island and how they can co-exist with traditional Inuit life. It comes in the final year of a five-year moratorium on Arctic offshore energy development, which is to be reconsidered in [Read more]
Vancouver expected to headline long Canadian summer of high gasoline prices
CALGARY - Gasoline prices are expected to remain just below record highs all across Canada this summer except in Vancouver — where a perfect storm of factors will likely ensure motorists continue to set new all-time records at the pumps. Fuel market analysts say average retail prices in Canada are within a penny or two of their year-ago levels, which were some of the highest on record for many markets. "Vancouver certainly is (at historic highs) but the other major markets we're looking [Read more]
B.C. Liberals seek intervener status in probe of high price of gasoline
VICTORIA - Opposition Liberal Leader Andrew Wilkinson says he wants to be part of a probe of high gasoline prices by British Columbia's independent energy regulator. Wilkinson says he's applied to participate as an intervener in any examination to identify factors impacting gasoline prices in the province. Premier John Horgan asked the B.C. Utilities Commission to investigate why gasoline in Metro Vancouver and Vancouver Island is so much more expensive than the rest of the country. A [Read more]
Ships must keep 400 metres away as part of new rules to protect killer whales
VANCOUVER - Canada has announced sweeping new rules to protect southern resident killer whales off British Columbia's coast, including requiring ships to stay 400 metres away from the whales and closing some salmon fisheries. Fisheries and Oceans Minister Jonathan Wilkinson announced on Friday the latest set of recovery measures for the endangered southern residents, of which only 75 remain and they face serious threats. "We are at a crossroads. The impacts of climate change, combined with [Read more]
Trudeau says Alberta carbon tax fight won’t affect Trans Mountain line decision
EDMONTON - Prime Minister Justin Trudeau says Alberta's opposition to a carbon tax won't influence his cabinet's decision on whether to approve the Trans Mountain pipeline expansion. "Moves that a province may or may not make will have no bearing on the approval process for important projects like the Trans Mountain pipeline expansion," Trudeau told reporters Friday. Alberta Premier Jason Kenney has promised to bring in legislation to kill Alberta's provincial carbon tax as the first order [Read more]
Pipeline operator Enbridge reports $1.89B Q1 profit, beats expectations
CALGARY - Enbridge Inc. topped expectations as it reported a first-quarter profit of $1.89 billion. The pipeline company says the profit amounted to 94 cents per share for the quarter ended March 31. The result was up from $445 million or 26 cents per share a year ago when the company was hit by a number of one-time charges. On an adjusted basis, Enbridge says it earned $1.64 billion or 81 cents per share in its most recent quarter, up from $1.38 billion or 82 cents per [Read more]
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