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Sammy Davis Jr. sang “What type of fool shall we be held?” as a man who had missed in life by never falling for each other. Refer to it as a stretch, but those lyrics somehow began swimming through my head a few days ago after i heard that the oil tanker in the U.S. had found its way to ...

Following his meeting with Prime Minister Justin Trudeau on Tuesday, Montreal mayor Denis Coderre seemed to back away somewhat from his radical opposition to the Energy East pipeline. But Mayor Coderre’s alarmism, and apparent disregard for the regulatory procedure for the nation’s Energy Board, is profoundly significant. It represents what might be dubbed “the rise from the mayors,” which, – ...

The Liberal government will announce new environmental assessment rules Wednesday afternoon for energy projects C like the Energy East and Trans Mountain pipelines C that are currently being reviewed through the National Energy Board. Natural Resources Minister Jim Carr confirmed the timing of the announcement for the “transition” process for pipelines under review through the NEB. Carr and Environment Minister ...

MOSCOW – The head of Russian state oil pipeline monopoly Transneft says talks on output cuts are planned with Saudi Arabia and OPEC. Transneft head Nikolai Tokarev asserted Saudi Arabia had “taken the initiative and come by helping cover their a proposal to go over the potential of reducing volumes,” in comments reported by Russian news agency RIA Novosti. Related ...

American Apparel executives and board members regained a stride of control now: A personal bankruptcy court judge approved their plan to move forward with a reorganization strategy that transfers ownership of the company from shareholders to lenders, and in doing so, strips founder Dov Charney of any stake from the company. Charney continues to be aggressively fighting to return to ...

It was the type of year when chief financial officers had to search hard and use every tool at their disposal to fortify their companies’ balance sheets. With crude oil shedding 45 per cent of their value in 2015, Canadian oil and gas producers glumly took an axe to their costs. “The industry adopted a very pragmatic and very nimble ...

Launching an IPO seems risky in a downturn, however the Ontario government’s decision to list 15 percent of electrical utility Hydro One was embraced through the market like a stock that offered a slice of stability in uncertain times. Despite retaining 85 per cent from the company, the Ontario government pledged to punch below its investment weight and let the ...