Tuesday, 12 August 2025

Focus on Politics

The heat is rising for Quebec Premier François Legault as opposition parties demand more answers about his government's investment in the planned Northvolt battery factory near Montreal. The entrance to Northvolt is shown in St-Basile-le-Grand, east of Montreal, on Thursday, May 16, 2024. THE CANADIAN PRESS/Christinne Musch
BusinessCritical MineralsEconomyElectric Vehicles (EVs)LabourManufacturingNewsPolitics

Quebec opposition calls for transparency amid Northvolt layoffs, $7 billion battery plant investment

Opposition parties demand answers about Quebec's investment in the planned Northvolt battery factory near Montreal.

A report from a tribunal appointed by the Saskatchewan Party government says a proposed federal emissions cap and methane regulations would cause severe economic damage. Sakatchewan Justice Minister Bronwyn Eyre, speaks during a ceremony in Whitecap Dakota Nation, Saskatchewan on July 15. THE CANADIAN PRESS/Liam Richards
EconomyEmissionsNatural GasNewsOilRegulationsReports

Ottawa’s proposed oil and gas cap could lead to revenue losses of $43 billion, slash 34,000 jobs: report

The report says a proposed federal emissions cap and methane regulations would cause severe economic damage.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Indiana, Pennsylvania, U.S., September 23, 2024. REUTERS/Brian Snyder/File Photo
AutomotiveBusinessEconomyElectionsElectric Vehicles (EVs)NewsPoliticsTrade

Trump says he will put 100 per cent tariffs on every car coming across Mexico border

"We will put a 100% tariff on every single car coming across the Mexican border," Trump said in a speech in Georgia.

FILE PHOTO: A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger/File Photo
EconomyElectric Vehicles (EVs)NewsOilPolitics

OPEC rolls out global oil outlook to 2050, sees no peak demand

OPEC is citing growth led by India, Africa and the Middle East and a slower shift to electric vehicles and cleaner fuels.

Steven Guilbeault, Minister of Environment and Climate Change, delivers remarks in the foyer of the House of Commons on Parliament Hill in Ottawa, on Tuesday, Sept. 24, 2024. THE CANADIAN PRESS/Spencer Colby
EnvironmentNatural GasNewsOilPoliticsRegulations

Canada’s environment minister Guilbeault calls out Poilievre over 2023 fundraiser with oil and gas execs

Minister Guilbeault criticizes Poilievre for fundraising with oil executives, claiming it aids his wealthy allies against carbon pricing.

FILE PHOTO: EU flags flutter in front of European Central Bank (ECB) headquarters in Frankfurt, Germany July 18, 2024. REUTERS/Jana Rodenbusch/File Photo
BusinessCarbon ManagementClimateEmissionsEmissions MarketsNewsPoliticsRegulations

ECB starts issuing fine notices to banks not meeting climate expectations

The ECB has started fining banks not meeting climate risk rules, warning penalties will grow if remedial deadlines lapse.

The Prime Minister announced the move on Tuesday (Stefan Rousseau/PA)
BusinessEconomyElectricityInfrastructureNewsPoliticsSolarTransmissionUtilitiesWind

GB Energy announcement welcomed as Starmer urged to ‘accelerate’ action

The announcement of GB Energy being based in Aberdeen has been welcomed, as ministers were urged to “accelerate” the creation of the agency....

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/File Photo
AnalysisAutomotiveElectric Vehicles (EVs)OpinionPoliticsRegulationsTradeTransport

Analysis: Biden’s car-tech ban is a powerful new weapon against Chinese EVs

By David Shepardson, Nora Eckert and Abhirup Roy WASHINGTON/DETROIT (Reuters) -The Biden administration’s proposed ban on Chinese connected-car technology could prove its strongest...

FILE PHOTO: The Three Mile Island Nuclear power plant is pictured from Royalton, Pennsylvania, U.S. May 30, 2017.   REUTERS/Carlo Allegri/File Photo
AnalysisBusinessElectricityIn-DepthNuclear PowerRegulations

Analysis: US nuclear plants won’t power up Big Tech’s AI ambitions right away

Big tech firms should be wary of seeing nuclear as a quick fix to power problems, as regulatory hurdles and technical challenges loom...

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