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Free-flowing refineries are prompting a “bloodbath” for retail gasoline prices in Edmonton, one analyst says. BY THE NUMBERS– Lowest price of gasoline in Edmonton: 57.9 cents– Average price of gasoline in Edmonton: 61.4 cents– Average cost of gasoline in Alberta: 67.8 cents– Average price of gasoline in British Columbia: 95.3 cents– Average national price: 85.0 cents– Highest price of gasoline ...

CI Investments Inc. has entered a no-contest settlement with the Ontario Securities Commission that will begin to see the fund management firm return $156.1 million to “harmed investors” after self-reporting errors in calculating fund unit values. The regulator said Wednesday it is the biggest quantity of investor compensation to date in a no-contest settlement — a kind of settlement recently adopted by ...

Tesla Motors Inc forecast deliveries of Model S sedans and Model X SUVs that topped analysts’ estimates and said hello expects to show in a profit in 2016, sending its shares 15 percent higher in after-hours trading. The electric car maker has long enjoyed the status of Silicon Valley darling because of its brash innovation in electric cars. Its technological ...

Among the promises made by Justin Trudeau’s Liberal government to revive “trust” in the National Energy Board, there is one which former chairman Gaetan Caron really loves: Keep politics from pipeline reviews. Peter Foster: Trudeau turns the pipeline game into all snakes, no ladders Justin Trudeau has had a dysfunctional pipeline regulatory system making it not simply worse, but a ...

The Canadian government is speaking with the country’s largest pension funds about purchasing vast amounts of dollars price of infrastructure projects to assist stimulate the economy, the Infrastructure Ministry told Reuters on Wednesday. Prime Minister Justin Trudeau’s Liberals won an election in October around the back of a promise to run three consecutive annual budget deficits of up to $10 ...

Kinross Gold Corp. reported an enormous fourth quarter loss on Wednesday due to writedowns, however the company beat its production and price guidance and offered up a good outlook for 2016. Toronto-based Kinross was the very first senior Canadian gold miner to report earnings this quarter, and also the results set a comparatively upbeat tone for the rest of the ...

MONTREAL – Canada’s second-largest dairy producer, the farmer-owned Agropur Cooperative, says it sees the company’s growth not within the nation, where it’s defended the protectionist supply-management system when threatened with free-trade deals, however in the U.S. where it can import to international markets including north of the border. “It’s certain that development for all of us will come primarily from the Usa,” ...

With budget time approaching at the federal and provincial levels, finance ministers will attempt to solve the quandary of yawning deficits in the existence of slow growth. Should governments take on fiscal stimulus C more spending or tax cuts C that will boost the deficit and, hopefully, spur growth? Or whenever they take on austerity to prevent the stress of ...