Business

“Emera & Canadian Utilities Announce $72B Merger”

A significant development in the Canadian energy sector took place last year, amid escalating trade tensions with the United States and increased infrastructure projects...

“Ottawa Sets Ultimatum for Stelco Jobs Plan”

Ottawa has given the U.S. owner of Stelco a deadline of five business days to present a plan to preserve jobs at the Hamilton-based...

Suncor Energy Sells Offshore Oil Stakes for $1.2B

Suncor Energy, based in Calgary, has revealed changes in Newfoundland and Labrador's offshore oil sector by announcing the sale of stakes in three oilfields....

“Cenovus Energy to Acquire Athabasca Oil in $5.7B Deal”

Cenovus Energy Inc. has announced a $5.7 billion cash-and-stock deal to acquire Athabasca Oil Corp., expanding its existing steam-driven oilsands assets. The company's CEO,...

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