EDMONTON - The Alberta government wants a seat at the table in any future legal fight over the Trans Mountain pipeline. Premier Rachel Notley's government, in its throne speech Thursday, announced it will seek intervener status on legal challenges to the Kinder Morgan pipeline. "It's important that we get these pipelines built, that we get shovels in the ground," said Energy Minister Marg McCuaig-Boyd. "We're standing up for our industry." The $6.8-billion Trans [Read more]
Alberta begins spring sitting with throne speech, announces cut in school fees
EDMONTON - The Alberta government says its first job of the spring sitting of the legislature will be to cut school fees. The government revealed proposed legislation in its throne speech Thursday which would ban charging parents for essentials such as textbooks or bus transportation for children who live within their designated school area. "This session your government will take a major step forward to make life more affordable for parents and families," Lt.-Gov. Lois Mitchell [Read more]
Canadian Natural Q4 profit rises to $566 million, adjusted earnings above estimates
CALGARY - The potential hit to Canadian Natural Resources Ltd. (TSX:CNQ) from a border tax proposed by U.S. Republicans could be offset by the fall in the Canadian dollar that would likely follow, the energy company's president said on Thursday. Some Republicans have proposed adding a tax on imports as part of broader U.S. tax reform, but it's unclear whether the proposal will go ahead. "Almost all of our costs are in Canadian dollars. So the border tax would probably have a big [Read more]
‘All hat and no cattle:’ Trudeau says Albertans tired of being taken for granted
CALGARY - Prime Minister Justin Trudeau says his government has worked hard in the last year to show Albertans that it is listening to their concerns. While spending Wednesday in Calgary campaigning for a pair of pending federal byelections, he noted the Liberal government has adjusted employment benefits for hard-hit resource workers, invested in infrastructure and approved an oil pipeline to new markets. The previous federal government said for 10 years that it supported [Read more]
A leaner oilpatch emerges from the downturn as technology advances replace jobs
CALGARY - Tens of thousands of oil and gas workers laid off during the downturn have been waiting for the patch to get back on its feet, but many of the jobs could be gone for good. A rapid change in technology is playing out across the industry, after plummeting crude prices that began in 2015 forced companies to cut jobs and other costs wherever they could over the past two years. Now, with oil holding steady above US$50 a barrel since December after having bottomed out to [Read more]
Conservative leadership contenders seek to appeal to party’s heartland
EDMONTON - An appeal to families, an appeal to values and an appeal to the oilpatch — leadership hopefuls in the Conservative party's heartland went straight for its heart Tuesday as they squared off yet again in a bilingual debate. Thirteen of the 14 candidates crowded onto a stage in Edmonton to put their campaign policies on display for two hours and occasionally spar over popular themes like carbon pricing, the perils of a Justin Trudeau government, immigration policy and the meaning [Read more]
Alberta Energy Regulator fines Murphy Oil $172,500 for pipeline spill
CALGARY - Murphy Oil has been fined $172,500 after the Alberta Energy Regulator concluded the Arkansas-based company did not maintain a pipeline that leaked oil for 45 days before it was discovered. From January to March of 2015, about 1.4 million litres of light oil was spilled about 65 kilometres east of Peace River in northwestern Alberta due to internal corrosion, the regulator said Tuesday. The leak of condensate, a light oil used to dilute heavy oil to help it flow in a [Read more]
TransCanada suspends $15-billion NAFTA suit on Keystone XL as project advances
CALGARY - TransCanada Corp. has suspended a $15-billion lawsuit against the United States regarding its Keystone XL project following signals by U.S. President Donald Trump that he will likely approve the pipeline. The company filed the North American Free Trade Agreement challenge last year alleging the U.S. government failed in its commitment to protect Canadian investors and ensure the company was treated in accordance with international law. The process before the [Read more]
B.C. approves expansion of TransCanada’s natural gas pipeline
VICTORIA - The provincial government has approved the proposed expansion of a natural gas pipeline in northeastern British Columbia. The province says it has issued an environmental assessment certificate for TransCanada's (TSX:TRP) Towerbirch expansion project, which carries natural gas from B.C. across North America. The line stretches 87 kilometres from near Dawson Creek and into northern Alberta. TransCanada says in a statement that pipelines in the area currently [Read more]
Pipeline giant TransCanada plans to sell more U.S. holdings to TC Pipelines
CALGARY - TransCanada Corp. (TSX:TRP) is negotiating the sale of a 49.3 per cent interest in the Iroquois natural gas transmission system that connects its main Canadian pipeline system to markets in the U.S. Northeast, including New York City. The Calgary-based company says it has offered to sell the Iroquois system to TC PipeLines, LP (NYSE:TCP), an affiliated limited partnership. TransCanada would also sell its remaining 11.8 per cent interest in the Portland Natural Gas [Read more]
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