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The Competition Bureau has released draft guidlines that aim to clarify expectations around new greenwashing rules. Steam spills out of smoke stacks at a building in Toronto, Friday, Feb. 18, 2005. THE CANADIAN PRESS/Adrian Wyld
BusinessClimateEconomyEmissionsEmissions MarketsEnvironmentNewsPoliticsRegulationsVoluntary Carbon Markets (VCMs)

Competition Bureau clarifies expectations around Canada’s new greenwashing rules

The Competition Bureau has released draft guidelines that aim to clarify expectations around new greenwashing rules.

Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held company Westbrick Energy Ltd. for $1.075 billion. Vermilion Energy Inc. logo is shown in a handout. THE CANADIAN PRESS/HO
BusinessNatural GasNewsOil

Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin

Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.

Vermilion Energy Inc. raised its dividend as it outlined a capital spending plan of $600 million to $625 million for 2025. The corporate logo of Vermilion Energy Inc. is shown. THE CANADIAN PRESS/HO
BusinessFinanceFuelNatural GasNewsOil

Vermilion Energy raises dividend, plans $600M-$625M capital spending for 2025

The company will pay a quarterly dividend of 13 cents per share, up from 12 cents per share.

The Quebec government has officially adopted a new rule banning the sale of most new gas-powered vehicles by 2035. An electric vehicle is charged in Ottawa on Wednesday, July 13, 2022. THE CANADIAN PRESS/Sean Kilpatrick
AutomotiveBusinessClimateEconomyElectric Vehicles (EVs)EmissionsEnvironmentNewsPoliticsRegulations

Quebec adopts rule banning sale of most new gas-powered vehicles by 2035

Quebec bans sales of most new gasoline-powered vehicles by 2035, aiming to electrify transportation and reduce emissions.

Scenes from the village of Zeballos, B.C., located on the northwest coast of Vancouver Island on Wednesday, April 10, 2024. THE CANADIAN PRESS/Chad Hipol
ClimateEmissionsEnvironmentIndigenousNewsOilRegulations

‘Human error’ caused spill of up to 8,000 litres of fuel off B.C.’s coast: government

Up to 8,000 litres of diesel spilled at a B.C. fish farm due to human error, prompting cleanup efforts and environmental concerns.

Piping is seen on the top of a receiving platform which will be connected to the Coastal GasLink natural gas pipeline terminus at the LNG Canada export terminal under construction, in Kitimat, B.C., Wednesday, Sept. 28, 2022. THE CANADIAN PRESS/Darryl Dyck
BusinessLiquefied Natural GasNews

LNG Canada names Cooper as next CEO; replaces outgoing Klein

LNG Canada says Chris Cooper will succeed current chief executive Jason Klein, effective April 1, 2025.

Lundin Mining logo is seen in this undated handout photo. THE CANADIAN PRESS/HO-Lundin Mining *MANDATORY CREDIT*
BusinessCritical MineralsMiningNews

Lundin selling pair of mines in Europe to Boliden AB in deal worth up to US$1.52B

Lundin Mining Corp. has signed a deal to sell a pair of mines in Europe to Boliden AB in an agreement valued at...

Federal Environment Minister Steven Guilbeault announced plans Sunday to put $1 billion towards growing New Brunswick's clean electricity grid. Guilbeault speaks during a news conference, Wednesday, October 2, 2024 in Ottawa.  THE CANADIAN PRESS/Adrian Wyld
BiofuelsCoalElectricityIndigenousNewsNuclear PowerPoliticsRegulationsWind

Ottawa is set to spend more than $1 billion on growing N.B.’s clean electricity grid

Federal Environment Minister Steven Guilbeault says Ottawa will spend more than $1 billion on growing New Brunswick's clean electricity grid.

Enbridge Inc. raised its quarterly dividend for next year as it released its financial guidance for 2025. The Enbridge Cheecham Terminal, an oil storage terminal, southeast of Fort McMurray, Alta. is shown on Tuesday, April 23, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessEconomyLiquefied Natural GasNatural GasNewsOil

Enbridge raises quarterly dividend by 3%, release financial guidance for 2025

Enbridge boosts 2025 dividend by three per cent, forecasts nine per cent earnings growth driven by strong utilization and new projects.

An oil rig drills a well under moon light near Cremona, Alta., Sunday, Sept. 24, 2023. THE CANADIAN PRESS/Jeff McIntosh
BusinessCritical MineralsEconomyGeothermalNatural GasNewsOilPoliticsRegulationsTrade

Alberta aiming to create test site to support new drilling technologies

Alberta will invest $50M in a first-in-Canada drilling test site to boost oil, gas, geothermal, and lithium tech innovation.

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