Canadian News

March 22, 2017

REGINA — Saskatchewan residents will have to dig deeper into their pockets for everything from alcohol to home renovations as the government increases the provincial sales tax to help tackle a $1.3-billion deficit. The budget tabled Wednesday raises the PST to six per cent from … Read More ➝

March 22, 2017

CALGARY — Husky Energy says about 25,000 litres of crude oil leaked from one of its pipelines in southwestern Alberta last week. Spokesman Mel Duvall said in an email to The Canadian Press that cleanup at the site at Cox Hill Creek west of Bragg Creek is progressing well. But … Read More ➝

March 22, 2017

REGINA — The Saskatchewan government tabled a budget Wednesday which forecasts a $685-million deficit this year and includes a plan to balance the books in three years. Here are the highlights: — Provincial sales tax increases to six per cent from five per cent… Read More ➝

March 22, 2017

OTTAWA — Highlights from the 2017 federal budget tabled Wednesday by Finance Minister Bill Morneau: — Employment insurance premiums are going up five cents to $1.68 per every $100 of insurable earnings, up from $1.63 — the maximum allowable increase under the Employment I… Read More ➝

March 22, 2017

CALGARY — The cuts have come swiftly at energy giant Enbridge Inc. (TSX:ENB), which is laying off about 1,000 staff less than a month after closing its blockbuster takeover of Houston-based Spectra Energy Corp. Calgary-based Enbridge says the layoffs, amounting to about six per cent … Read More ➝

March 22, 2017

CALGARY — Two Calgary-based companies that provide services to the oil and gas industry are planning to combine forces through an exchange of shares and debt valued at $637 million. Trican Well Service Ltd. (TSX:TCW) would exchange 1.7 of its common shares for each share of Canyon Se… Read More ➝

March 22, 2017

CALGARY — Kurt Bensmiller uses an old expression when asked what he expects Thursday night during the annual chuckwagon canvas auction for the Calgary Stampede. “There’s lots of interest out there but everyone’s holding their cards pretty close to their chests,̶… Read More ➝

March 21, 2017

REGINA — Hundreds of unionized workers at the Co-op oil refinery in Regina have rejected what the company is calling its final contract offer. Almost 650 members of Unifor Local 594 voted on Monday. Union president Kevin Bittman won’t release the spec… Read More ➝

March 21, 2017

TORONTO — Ontario’s cap-and-trade system aimed at lowering greenhouse gas emissions begins in earnest Wednesday with its first auction, which other provinces said they will be watching closely as they consider their own carbon pricing plans. The provincial Libera… Read More ➝

March 21, 2017

CALGARY — Federal agencies responded Tuesday to an oil spill at an Enbridge Inc. (TSX:ENB) storage site that contaminated a creek in an area east of Edmonton. The National Energy Board said staff are on site monitoring the company’s response, while the … Read More ➝