Tuesday, 29 April 2025

Canada

The Manitoba government is ending its yearlong fuel tax holiday but bringing back the levy at a lower rate. A person pumps gas at a gas station in Mississauga, Ont.,  Tuesday, Feb.13, 2024. THE CANADIAN PRESS/Christopher Katsarov
AutomotiveEconomyFuelNews

Manitoba government to reinstate fuel tax, but at a reduced rate

The government temporarily suspended the 14-cents-a-litre fuel tax at the beginning of 2024 as a way to help people deal with the rising...

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.

AnalysisBuildingsClimateElectricityEmissionsIndustryMiningNatural GasOilPoliticsTransport

Canada’s early emissions estimate for 2023 shows modest decline, but oil and gas emissions undermine progress

Progress on reducing emissions is possible, but hitting Canada's 2030 target requires that governments build on policy momentum.

AnalysisEconomyEfficiencyElectricityFuelLegislationNatural GasRegulationsUtilities

Priorities may change, but energy efficiency remains a solution

With growing concerns about affordability, pursuing energy efficiency could offer relief — given the right policy framework.

Grassy Mountain, peak to left, and the Grassy Mountain Coal Project are seen north of Blairmore, Alta., Thursday, June 6, 2024. THE CANADIAN PRESS/Jeff McIntosh
BusinessCoalEconomyEmissionsEnvironmentNewsPoliticsRegulations

Alberta announces future coal mining policy plan, industry consults

Alberta says it will ban new mountaintop removal mining and new open-pit mining on the eastern slopes of the Rocky Mountains.

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.

Damien Steel, right, Deep Sky CEO and Isabelle Callaghan, Deep Sky Project Manager, are seen posing for a photo at Deep Sky's direct air capture test facility, which is currently under construction, in Innisfail, Alta., in a 2024 handout photo. THE CANADIAN PRESS/HO-Deep Sky, *MANDATORY CREDIT*
BusinessCarbon ManagementFinanceNews

Canadian carbon removal company scores US$40M grant from fund backed by Bill Gates

The project is meant to be the world's first direct air capture carbon removal test hub and commercialization centre.

AnalysisBusinessEconomyElectricityNuclear PowerOpinionPoliticsRegulationsTrade

How Canada and the country’s premiers must respond to Trump’s trade and energy policies

Opinion: Donald Trump’s threats violate the foundations of Canada-U.S. trade. A response in the area of energy would be justified and strategic.

Quebec Premier François Legault and Andrew Furey, premier of Newfoundland and Labrador, shake hands after signing a memorandum of understanding during an announcement in St.John's, Thursday, Dec. 12, 2024. THE CANADIAN PRESS/Paul Daly
AnalysisClimateEconomyElectricityEnvironmentHydropowerPoliticsUtilities

After fanfare of Churchill Falls deal, Newfoundland urged to learn its dam lessons

Energy observers urge Newfoundland and Labrador to independently review a major deal with Quebec, fearing it may favor Quebec.

FILE PHOTO: Electrical transmission cables connecting to Quebec at the Churchill Falls hydroelectric project in Churchill Falls, Newfoundland, Canada July 2007.  REUTERS/Greg Locke/File Photo
ClimateElectricityEmissionsEnvironmentHydropowerNatural GasNewsOilPoliticsRegulationsSolarUtilitiesWind

Canada pushes out target for net-zero electricity grid by 15 years

Canada's Clean Electricity Regulations now target a net-zero grid by 2050, shifting from a 2035 goal amid industry concerns.

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