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Towering bone-dry oil derricks, idled drilling rigs and rows of unused trucks line the commercial yards on the outskirts of Edmonton. In years past, these yards could be empty in February, which is prime here we are at crews of roughnecks and other workers to become in the oilfields of rural Alberta drilling for crude. People in the drilling industry ...

With the oil industry weakened by a war over share of the market, global investment in alternative energy is setting new records, according to a brand new report that boasts: “While fossils crash, clean energy soars.” The exception is Canada, where purchase of renewable energy plummeted 46 per cent in 2015 compared to 2014, to some paltry US$4 billion, even ...

Many alternatives regarding the way forward for troubled Bombardier Inc. happen to be proposed. The Quebec government has already committed $1.3 billion in aid and today some type of moral argument has been levelled at Ottawa to throw money into Bombardier’s cap also. This is a horrible idea from a governance perspective, in addition to a taxpayer perspective. Let’s be ...

OTTAWA – Canada’s finance minister says he’s encouraged by “very positive feedback” from his Group of 20 peers to the Liberal government’s economic blueprint outlined during a two-day summit in Shanghai. But while Bill Morneau said the gathering of industrialized nations – coming at a time of growing concerns within the stability from the global economy – “made good progress” to help to ...

Canada’s nascent medical marijuana market is being thrown into new turmoil with a court ruling that threatens to undercut its business model. Sugar high: Why Canada’s marijuana growers have been in a race to create their pot taste delicious For a lot more than 40 years, Smiths Falls was referred to as “Chocolate Capital of Ontario” due to its iconic ...

Foreigners ought to be permitted to own a greater portion of Canada’s airlines along with a revenue cap on railways’ grain shipments should be eliminated, according to a sweeping overview of Canada’s transportation industry tabled in Parliament Thursday. Led by David Emerson, a floor-crossing minister who served both in Paul Martin’s and Stephen Harper’s governments, the 283-page review proposes a ...

CALGARY C United states energy producers are ready for any global cost-cutting battle, the top of Encana Corp. said Wednesday, even as his company posted a US$612 million reduction in the fourth quarter. “The world taking on The united states have to be ready because this part of the world understands how to get efficient, and you are seeing it ...

OTTAWA – The threat increasing household debt presents to Canada’s economy – and also the country’s economic climate, particularly – is continuing to grow, and also at an ever-worrying pace. The rising risks to heavily-indebted borrowers, those who have cheated ultra-low rates of interest following a 2008-09 recession, would be an economic collapse and a jump in unemployment, along with ...