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West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction
West Fraser Timber Co. Ltd. says it saw losses of US$94 million in the fourth quarter of 2022, down more than 128 per cent from earnings of US$334 million during the same quarter a year earlier. The company, which reports in U.S.
Feb 14, 2023 3:36 PM
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FortisBC, LNG Canada join First Nations LNG Alliance
Canadian LNG Alliance loses two key members to First Nations LNG group
Feb 14, 2023 2:40 PM
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TC Energy increases dividend, reports Q4 loss due to rising costs of Coastal GasLink
CALGARY — TC Energy Corp. raised its dividend as it reported a nearly $1.45-billion loss in its fourth quarter due to rising cost of its Coastal GasLink project.
Feb 14, 2023 6:08 AM
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Imperial Oil files cleanup plan for tailings leak in Alberta, won't disclose details
Imperial Oil Ltd. has filed a plan for the interim cleanup of one of the largest oilpatch spills in Alberta history but won't say what it is.
Feb 13, 2023 12:34 PM
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B2Gold signs agreement to buy Sabina Gold and Silver for $1.1B in all-stock deal
VANCOUVER — B2Gold Corp. has signed a deal to buy Sabina Gold and Silver Corp. in an all-stock deal valued at $1.1 billion. Sabina owns the Back River gold district in Nunavut including five mineral claims across an 80-kilometre belt.
Feb 13, 2023 7:49 AM
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New Enbridge CEO says Canada is missing opportunities as world cries out for energy
CALGARY — The new CEO of pipeline giant Enbridge Inc. says regulatory uncertainty in this country has resulted in a "lost decade" for Canadian liquefied natural gas production.
Feb 10, 2023 2:06 PM
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Enbridge reports $1.1B Q4 loss as it takes $2.5B goodwill impairment charge
CALGARY — Enbridge Inc. reported a loss of $1.1 billion in its latest quarter as it took a $2.5-billion non-cash goodwill impairment charge related to its gas transmission business as a result of what it said was the increased cost of capital.
Feb 10, 2023 7:19 AM
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Aurora Cannabis records $67.2 million net loss in second quarter
EDMONTON — Aurora Cannabis Inc. says it incurred a $67.2 million net loss in its most recent quarter. The Edmonton-based cannabis company says the net loss in what was its second quarter compared with $75.
Feb 9, 2023 2:19 PM
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Saskatchewan's first geothermal project greens provincial power grid
Surface facility construction and drilling will commence later this year, with first power production estimated by summer 2024
Feb 9, 2023 1:59 PM
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Precision Drilling reports $3.5M Q4 profit, revenue up more than 70 per cent
CALGARY — Precision Drilling Corp. reported a fourth-quarter profit of $3.5 million compared with a loss of $27.3 million a year ago as its revenue rose more than 70 per cent.
Feb 9, 2023 10:16 AM
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