An Alaskan company engaged in distributing liquefied gas has applied for an export permit to the National Energy Board, contributing to the growing list of companies seeking to ship surplus Canadian natural gas to energy-hungry markets. Anchorage-based Crowley Holdings Inc. plans to export around 10 billion cubic feet of natural gas annually for 25 years. In its application filed March ...

Massive short covering. That was the explanation one investment adviser gave the other day when trying to explain the sharp play the proportion cost of Enbridge dads and moms following a massive $2.3 billion equity financing. That financing, announced following the markets closed on Feb. 24, was larger than previous Enbridge financings, was costing a considerable discount (5.7 percent) and ...

Oil is pulling away from the market’s biggest storm in seven years. A way of measuring price volatility has tumbled in the highest level since January 2009 because the market frenzy eases amid a potential pact between your world’s largest producers to freeze output. Investors in February fixated how and when Saudi Arabia would engage other producers clamoring for a ...

TORONTO/WINNIPEG – Metal and mineral explorers battered by a protracted price slump are still out of favor with investors, however the recent uptick in bullion prices and a few tie-ups with larger miners are offering juniors a glimmer of hope. The ray of optimism may come as the world’s mining sector prepares for its largest annual gathering, the Prospectors and ...

OTTAWA – Canadian exports are finally beginning to show signs of a persistent recovery, with analysts cheered by healthy volumes in January that rose sharply thanks to the weak domestic dollar and continued U.S. growth. Although Statistics Canada said on Friday the trade deficit had widened to $655 million from $631 million in December, markets paid much more focus on ...

CALGARY

TORONTO – After nearly a decade-long legal battle, roughly 1,600 individuals who say they were necessary for Scotiabank to work unpaid overtime will quickly be splitting a $20.Six million settlement. Judge Edward Belobaba of the Ontario Superior Court approved funds within the class-action lawsuit from the bank Thursday, with written good reasons to follow within the coming weeks. The suit ...

The horse-trading over oil pipelines appears to be moving to a different level with British Columbia Premier Christy Clark searching for a $1 billion federal handout to upgrade B.C. Hydro lines therefore it can bolster electricity exports to Alberta. Kevin Libin: B.C. has little ammo to take shots at Alberta The throne speech excoriated Alberta for losing control of spending ...