Focus on Business
Enbridge reports $1.73B fourth-quarter profit compared with loss a year earlier
CALGARY — Enbridge Inc. reported a profit of $1.73 billion in its fourth quarter compared with loss a year earlier when it took...
Solar company CubicPV scraps plans for US silicon wafer factory
By Nichola Groom (Reuters) – Solar energy equipment manufacturer CubicPV on Thursday said it had scrapped plans to build a major U.S. silicon...
HSBC partners with Google to hit $1 billion climate tech finance goal
LONDON – Britain’s biggest bank HSBC has partnered with Google to finance fast-growing climate technology firms behind some of the world’s most promising...
India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up
BENGALURU, India (AP) — For years, renewable projects in India have been growing steadily, from small-town rooftop solar installations to large-scale projects across...
Athabasca, Cenovus close creation of new Duvernay Energy Corp. joint venture
CALGARY — Athabasca Oil Corp. and Cenovus Energy Inc. have closed a previously announced deal creating a new joint venture stand-alone company called...
Postal Service, once chided for slow adoption of EVs, announces plan to cut greenhouse gas emissions
The U.S. Postal Service announced sweeping plans Tuesday to reduce greenhouse emissions by diverting more parcels from air to ground transportation, boosting the...
Business funding on climate action needs to “rise exponentially”: RBC report
TORONTO — A report from RBC says business funding for climate action needs to “rise exponentially” for the country to be on course...
Precision Drilling reports $146.7M Q4 profit, revenue edged lower
CALGARY — Precision Drilling Corp. says it earned $146.7 million in its latest quarter, up from a profit of $3.5 million a year...
China drops to second in BloombergNEF’s Global Lithium-Ion Battery Supply Chain Ranking as Canada comes out on top
The fourth edition of BNEF’s ranking finds Canada’s raw material resources, strong integration with the US automotive sector, and clear policy commitments have...
