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Telus issues apology to defecting customers over price on carbon support

October 5, 20162:49 PM The Canadian Press0 Comments

TORONTO - After sending out a tweet in support of the federal government's proposed carbon pricing plan, Telus has issued an apology to angry customers threatening to take their business elsewhere. The telecom giant said the tweet was not meant to be partisan or political, and apologized for it in another tweet sent today. Within hours on Tuesday night, Telus's offending social media high five to carbon pricing had sparked multiple responses from disgruntled people identifying [Read more]

Nova Scotia ‘will not be implementing a carbon tax,’ premier says

October 4, 20162:30 PM The Canadian Press0 Comments

HALIFAX - Nova Scotia's premier dug in hard against Ottawa's carbon price scheme Tuesday, saying his province "definitely won't" impose a carbon tax. Stephen McNeil also backed a decision by his environment minister, Margaret Miller, to walk out of federal-provincial meetings in Montreal over Ottawa's plan. Miller joined her counterparts from Newfoundland and Labrador and Saskatchewan who also left Monday's climate-change talks after Prime Minister Justin Trudeau stood in the [Read more]

Carbon Tax

After delay, B.C. agrees to back Ottawa’s proposal to expand Canada Pension Plan

October 4, 201612:23 PM The Canadian Press0 Comments

OTTAWA - British Columbia gave its blessing Tuesday to enhancing the Canada Pension Plan, a critical vote of support that opens the door for Ottawa to gradually increase contributions and benefits for future retirees. After a three-month delay, the B.C. government said it decided to back the proposal after considering feedback from stakeholders. That was quickly followed by a declaration of victory from Prime Minister Justin Trudeau, who said legislation would be introduced in [Read more]

LNG

Five things to know about Canada’s carbon pricing landscape

October 4, 201611:38 AM The Canadian Press0 Comments

All provinces and territories face the prospect of some form of carbon pricing by 2018. Here are five things to know: Why a carbon price? Putting a price on carbon is meant to give people and companies an incentive to look for lower emission options to save money. The price can come in the form of a specific tax or levy, like the minimum $10 per tonne the federal government has set for 2018, or a more indirect cap-and-trade system. Which provinces have a carbon tax in [Read more]

Carbon Tax

Apache pleads guilty to pipeline violations after multiple spills

October 4, 201611:17 AM The Canadian Press0 Comments

CALGARY - Apache Canada Ltd. has pleaded guilty to two counts of failing to properly operate its pipelines after multiple spills on its network. The company pleaded guilty on Sept. 30 to violating the Pipeline Act and the Environmental Protection and Enhancement Act in relation to a pipeline spill near Zama City, Alta., on Oct. 25, 2013, and a second spill on Jan. 21, 2014, not far from Whitecourt, Alta. The spill at the company's Shekilie field near Zama City released 1.8 [Read more]

Encana maxes out US$1.15 billion stock sale; underwriters exercise all options

October 4, 20168:35 AM The Canadian Press0 Comments

CALGARY - Encana Corp. (TSX:ECA) says the underwriters of its recent public stock offering have exercised all their options to acquire an additional US$150-million worth of the oil and gas company's equity. That brings the total value of the stock offering to US$1.15 billion, including money raised through the initial sale of 107 million common shares at US$9.35 each. The Calgary-based company has said it will put about half of the proceeds from the offering on its 2017 capital [Read more]

Encana Permian

Northern Alberta chief says Aboriginal oilsands foes are poorly informed

October 3, 20164:42 PM The Canadian Press0 Comments

CALGARY - A treaty signed by more than 50 aboriginal groups who oppose oilsands project and pipeline developments is based on misinformation, says a northern Alberta chief whose First Nation does extensive business with oilsands companies. "I was disappointed by the announcement. I felt it was not informed with respect to the people that are affected," said Chief Jim Boucher of the Fort McKay First Nation. "Our community up there in the Athabasca tarsands is immersed in the [Read more]

Enbridge Kinder Morgan Northern Gateway Suncor TransCanada

Five things to know about the new national floor price for carbon emissions

October 3, 20164:38 PM The Canadian Press0 Comments

MONTREAL - Prime Minister Justin Trudeau delivered a bombshell in the House of Commons on Monday as federal, provincial and territorial environment ministers were meeting in Montreal to negotiate a pan-Canadian climate plan. Here are five things to know: 1. Trudeau's announcement appeared to stun just about everyone in the Montreal hotel room where environment ministers were cloistered. Federal Environment Minister Catherine McKenna raised her hand to speak at the meeting at exactly the [Read more]

Carbon Tax

Five things to know about Canada’s carbon pricing landscape

October 3, 20162:45 PM The Canadian Press0 Comments

Prime Minister Justin Trudeau announced a national "floor price" on carbon Monday that would require all provinces and territories to have some form of carbon pricing by 2018. Here are five things to know about putting a price on carbon: Why a carbon price? Putting a price on carbon is meant to give people and companies an incentive to look for lower emission options to save money. The price can come in the form of a specific tax or levy, like the minimum $10 per tonne [Read more]

Carbon Tax

Federal carbon tax plan shows disrespect, will hurt economy: Wall

October 3, 20161:40 PM The Canadian Press0 Comments

REGINA - Saskatchewan Premier Brad Wall says Ottawa's plan to unilaterally impose a price on carbon across Canada shows what he calls a stunning level of disrespect. Wall says in a statement to media that the national focus on carbon pricing holds the lowest potential for reducing emissions, while potentially doing the greatest harm to the Canadian economy. The premier says Saskatchewan's economy is already hurting from a downturn in commodity prices and will be one of the [Read more]

Carbon Tax

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