Breaking
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TC Energy to Invest $146.5 Million in New Solar Project in Alberta
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Oil Prices Rise by $4 Per Barrel as OPEC+ Consider Their Largest Output Cut in 2 Years
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Canadian Oil and Gas Companies Failing on Environmental Commitment
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Finance Minister Announces Plans to Partially Restore Alberta’s Fuel Tax
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AIMCo CEO Opposes Fossil Fuel Divestment
Canadian News
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$25.6 Million in New Federal Home Energy Investments for Four Alberta Communities
Canadians in Alberta and beyond are upgrading their homes to be more energy-efficient. Energy efficiency fights climate change, creates good jobs and helps families to save on their monthly bills. The Government of Canada is working with municipalities in Alberta and across Canada to make it easier for retrofits to take place – unlocking sustainable jobs and climate action. Today in Calgary, the Honourable […] More
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TC Energy to Invest $146.5 Million in New Solar Project in Alberta
TC Energy Corp. will invest $146 million in developing the first Canadian solar energy farm in southern Calgary, Alberta. On Tuesday, the company announced that its Saddlebrook solar project would be built near to Aldersyde, Alberta. This project will have the ability to produce 81 Megawatts, or enough electricity to provide 20,000 homes for an […] More
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Enbridge Buys U.S. Renewable Energy Developer Tri Global Energy
Enbridge Inc. has acquired Tri Global Energy (TGE), a developer of renewable energy projects in the U.S., for $270 million US. The company announced on Thursday that TGE is the 3rd biggest onshore wind developer in the United States, with a total of seven gigawatts of renewable energy project development portfolio. Enbridge CEO Al Monaco […] More
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Canada Invests $2.3 Million in Ontario’s Energy Market Transformation
Unlocking Canada’s clean energy potential is a critical part of delivering climate action and creating sustainable jobs. This includes investments to deploy clean energy, building storage infrastructure, and investing in modernizing Canada’s electricity grid. Today, Julie Dabrusin, Parliamentary Secretary to the Minister of Natural Resources and Parliamentary Secretary to the Minister of Environment and Climate Change, on behalf […] More
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Enbridge to Sell $1.12B Pipeline Shares to Indigenous Groups
Enbridge Inc. announced on Wednesday that it will sell a C$1.12 billion minority stake in seven oil pipelines in Alberta to Indigenous communities, creating the biggest energy-related Aboriginal partnership in North America. The non-operating 11.57% interest in the pipelines will be purchased by Athabasca Indigenous Investments (Aii), a newly established organization representing 23 First Nations […] More
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Canadian Oil and Gas Companies Failing on Environmental Commitment
According to a report published by the Pembina Institute, members of the Pathways Alliance, an oil and gas industry group that represents 95% of Canada’s oilsands producers, haven’t done much to fulfill their commitment to achieving net zero greenhouse gas emissions by the year 2050. Under the Pathways Alliance, Canada’s 6 major oilsands –Cenovus, Suncor, […] More
Finance
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TSX Stocks: Energy Sector to Shield Canada’s Main Index From Euro
Oil, natural gas and renewable power producers will boost Canada’s energy-heavy benchmark stock index, as economic weakness in Europe and the U.K. weighs on this country’s technology and industrial shares. That’s the take from a new CIBC Capital Markets analysis of Canadian exposure to Europe and the U.K. economies as soaring energy prices due to […] More
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