Find us on Facebook Follow us on Twitter

Provincial Business

No Keystone XL pipeline this year, following new delay

WASHINGTON — The Keystone XL pipeline project appears paralyzed for another year, with the U.S. administration announcing another delay in a process already beset by political and legal challenges.

The American administration shrugged off a demand from the Canadian government for an immediate decision on the controversial pipeline, so that construction could begin this summer. READ

Studies suggest public unsure of energy industry benefit

Public-opinion research contracted by Ottawa suggests the pro-resource-development Conservative government has not yet convinced Canadians of the national benefits of the energy industry. READ

Emissions crackdown praised

CALGARY — A clean-energy group is praising a decision by the Alberta Energy Regulator to crack down on emissions from oilsands development in the Peace River area. READ

Canadian government scolds Jimmy Carter over pipeline position

The Keystone XL pipeline issue has created a tiff between a former U.S. president and the Canadian government. READ

Studies suggest public unsure of energy industry benefit

Public opinion research contracted by Ottawa suggests the pro-resource-development Conservative government has not yet convinced Canadians of the national benefits of the energy industry. READ

Cash Store granted application for creditor protection

EDMONTON — The Cash Store Financial Services Inc. (TSX:CSF) says its application for creditor protection has been granted by an Ontario court. READ

Sobeys prescribing legal battle over planned Alberta pharmacy rewards point ban

A plan by the regulator of Alberta pharmacists to ban stores from giving consumers reward points for purchases is turning into a prescription for a court battle. READ

Canada could be alternative to Russian gas — but not any time soon

CALGARY — With western sanctions threatening to tighten the taps on Russian energy exports to Europe, Canada could become an alternative supply source — but not any time soon. READ

Saputo closing four plants

MONTREAL — Cheesemaker Saputo is eagerly pursuing growth opportunities around the world while again downsizing North American operations by closing four plants — two in Alberta and two in the United States — and shifting production elsewhere in its operations. READ

Creating great living spaces for men at Port + Quarter

For some men, interior design doesn’t extend much beyond finding the right spot for their beer fridge and big-screen TV. Many others, however, want their surroundings to reflect something deeper. Enter Michelle Miazga. READ

Companies ordered to clean up former sour gas plant site

EDMONTON — The Alberta government has ordered ConocoPhillips Canada Resources Corporation and Bonavista Energy Corporation to clean up the site of a former sour gas plant. READ

Ottawa targets meat plants

EDMONTON — The federal government is proposing to give itself the power to fine meat-processing plants that break hygiene and other operating rules meant to protect human health. READ

Whitecap Resources buys Imperial assets

Calgary-based Whitecap Resources Inc. has struck an $855-million deal to purchase Imperial Oil Ltd. oil- and gas-producing assets in Alberta and British Columbia — including some near Rocky Mountain House. READ

High Arctic has 20% jump in dividend

High Arctic Energy Services Inc. (TSX: HWO) has announced a 20 per cent increase in its monthly dividend, to 1.5 cents per share, effective April 14. READ

Gamehost profits unchanged

Gamehost Inc. (TSX:GH) has reported 2013 profits of $21.5 million, unchanged from the previous year. The company, which is based in Red Deer County and owns casinos and other properties in Fort McMurray, Grande Prairie and Calgary, had operating revenues of $77.6 million for the 12 months ended Dec. 31, up from $76.6 million for the same period a year earlier. Earnings per share for the year were 87 cents, down from 92 cents. READ

Oil, agriculture to buoy economy in West

Economically speaking, Western Canada should still be one of the best places in the world to live in 2012, a banking expert says. READ

TransCanada may be able to sped up urgently needed leg of Keystone pipeline

It may be possible for TransCanada Corp. to build the most urgently needed leg of its delayed Keystone XL oil pipeline as early as next year, an executive with the pipeline giant said Wednesday. READ

Shaw interested in some of Canwest's assets

The chief executive officer of Shaw Communication Inc. (TSX:SJR.B) confirmed Thursday that his company has been looking at buying some of Canwest’s assets, although he wouldn’t say what has caught his interest. READ

Cash Store reports big increase in Q2 profit

EDMONTON — Lender of last resort The Cash Store Financial Services Inc. (TSX:CSF) announced Wednesday it was boosting its dividend after reporting a major increase in second-quarter profits. READ

Finning posts loss

VANCOUVER — Finning International Inc. (TSX:FTT) shares sank Wednesday after the heavy equipment dealer said revenues and earnings fell more than analysts expected as the recession hit all of its businesses. READ

NEXT PAGE
follow us on twitter

Featured partners