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National Business

Energy stocks hit as oilpatch takes stock of NDP election victory in Alberta

CALGARY — The new reality of an orange-tinged Alberta was beginning to sink in across the oilpatch and Bay Street on Wednesday and, though there were some jitters, many are awaiting more details before they pass judgment.

The NDP’s election landslide victory in a province that’s been a Progressive Conservative bastion for 44 years stunned Sonny Mottahed, president and CEO of Black Spruce Merchant Capital in Calgary. READ

Two years after Lac-Megantic disaster, new train standards for Canada-U.S.

Canada and the United States have announced a decade-long plan to phase out trains like the one involved in the deadly 2013 derailment and explosion in Lac-Megantic, Que. READ

Cenovus CEO pans idea of royalty review as May 5 Alberta election looms

The CEO of Cenovus Energy says it would be a bad idea to review Alberta’s royalty structure at a time when crude prices are down by half. READ

Estimate of bunker fuel spilled in Vancouver bay was ’conservative’: officials

Officials in charge of cleaning up a bunker fuel spill in Vancouver’s English Bay now say the estimate of what leaked from a grain carrier was a conservative figure. READ

Federal government updates code of conduct to adds rules for mobile payments

The code of conduct that governs credit and debit card transactions is being extended to apply to mobile payments as well, federal Finance Minister Joe Oliver said Monday. READ

Bell Canada to seek consent as it vows to reintroduce ad tracking program

Bell Canada said Monday that it plans to reintroduce a program that creates consumer profiles for sale to advertisers based on the online viewing habits of the telecom giant’s cellphone customers. READ

Ontario adopts cap-and-trade system to reduce greenhouse gases

Ontario will adopt a cap-and-trade system to reduce greenhouse gas emissions, Premier Kathleen Wynne said Monday before she travelled to Quebec to sign a deal with that province. READ

Oilsands vs. carbon-cutting policy co-exist: experts look for a middle way

Another day, another skirmish in the all-or-nothing, zero-sum war over Canadian environment and energy policy. READ

Unemployment rate stays at 6.8 per cent in March: Statistics Canada

Canada’s economy posted a surprise job gain in March as more people found part-time work. READ

B.C. premier, Vancouver mayor criticize feds for fuel spill response

British Columbia’s premier and Vancouver’s mayor are harshly critical of the federal government for its sluggish response to a toxic fuel spill in the city’s scenic English Bay. READ

Supreme Court won’t hear appeal of group seeking to sue Ottawa over wheat board

The Supreme Court says it will not hear an appeal from a farm group that wants to sue the federal government for billions of dollars over the Canadian Wheat Board. READ

Crews work to contain fuel spill in Vancouver’s English Bay

An oily purple-blue sheen of fuel believed to be leaking from a bulk carrier ship has coated water and land in Vancouver’s picturesque English Bay. READ

Rogers sees drop in customer info requests from police, security agencies

Rogers Communications saw a sharp drop in the number of requests for customer information from government and police agencies last year — a result of swelling public concern and a landmark court ruling on Internet privacy. READ

Animal rights group files 'false’ claims complaint against Maple Lodge Farms

An animal rights group has filed a complaint against one of Canada’s largest chicken producers, alleging the company makes “numerous false and misleading claims.” READ

Privacy commissioner not yet satisfied with Bell’s about-face on ad tracking

The Office of the Privacy Commissioner says it is not yet satisfied with Bell’s commitment to seek customer consent before tracking cellphone use to deliver targeted online advertising. READ

Oliver says Conservatives will keep promise to introduce balanced budget law

Finance Minister Joe Oliver says the Conservative government will introduce balanced budget legislation. READ

Two southern Ontario farms quarantined after avian influenza hits turkey farm

The Canadian Food Inspection Agency says H5 avian influenza has been confirmed on a turkey farm in southern Ontario. READ

Forget federal leadership, blue-chip panel urges provinces to price carbon now

The least costly, most efficient and effective way to reduce Canadian greenhouse gas emissions is by putting a price on carbon — and the provinces are best situated to make the move, says a blue-chip panel of Canadian economists. READ

Bell agrees to opt-in policy for tracking customer Internet, TV and phone usage

Bell Canada has reversed its position and will seek customer consent before tracking their Internet, TV and phone call use in order to deliver targeted online advertising. READ

Harper rejects stimulus to help economy, stays the course for balanced budget

Stephen Harper is making it clear there’s pretty much nothing that will keep him from balancing the federal budget this fiscal year. READ

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