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Alaskan LNG firm seeks export permit from Canada’s energy regulator

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 ...

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Meet the disease-sniffing dogs out to save Florida’s orange crop from a deadly bacteria

Mira’s nose is really sensitive that they can smell sick citrus trees, and U.S. orange growers are hoping her super sniffer can help combat one of the biggest threats ever for their crop. The government has trained 10 dogs including Mira – a 32- month-old German Shepherd-Belgian Malinois mix – to recognize a bacteria that has been killing citrus trees ...

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A short story about Enbridge’s financing, with a twist

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 ...

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Oil is pulling out of the market’s biggest storm in seven years

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 ...

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Battered miners see glimmer of hope as industry gathers at PDAC in Toronto

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 ...

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Canadian exports show signs of strength amid U.S. growth, low loonie

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 ...

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Quebec judge quashes one injunction against Energy East, another still looms

CALGARY

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Ontario judge approves $20.6M settlement in Scotiabank overtime class-action suit

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 ...

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