What the Energy Crisis Looks Like Behind the Wheel of an Alberta Tow Truck
Rising diesel prices driven by the Middle East conflict are squeezing Canadian tow‑truck operators, exemplified by Brad Constable in Airdrie, Alberta. Diesel now exceeds $2 CAD per litre (about $1.48 USD), while the federal government’s temporary excise‑tax suspension trims only four cents per litre, a modest relief. Global crude remains high at roughly $92 USD a barrel after blockades in the Strait of Hormuz. The story highlights how geopolitical shocks translate into higher operating costs for local logistics firms.
Why Chinese 'Knock-Down' Car Kits Could Spell Catastrophe for Canadian Automakers
Chinese electric‑vehicle makers are eyeing the Canadian market, but industry leaders warn that importing cars as complete knock‑down (CKD) kits could devastate local manufacturing. Auto‑parts chief Flavio Volpe estimates a full‑scale assembly plant generates roughly $2.1 billion USD in economic activity...
Competition Bureau Steps up Probe of Proposed Keyera Gas Acquisition
The Competition Bureau has obtained a federal court order compelling Inter Pipeline Ltd. to provide information for its probe of Keyera Corp.'s proposed $5.15 billion acquisition of Plains All American’s Canadian natural‑gas‑liquids business. The regulator is assessing whether the deal would...
Saudi Arabia’s Vital East-West Oil Pipeline Attacked After Ceasefire
Saudi Arabia’s 1,200‑km east‑west oil pipeline, a critical export route after the Strait of Hormuz closure, was struck by a drone at a pumping station on Wednesday. The Saudi defence ministry reported intercepting nine drones, while the UAE shot down...
The Oilsands Don't Get Special Tax Breaks; They Play by the Same Rules as All Businesses
The article argues that Canada’s oil‑sands producers do not receive special tax breaks, but operate under the same expense‑deduction rules that apply to all businesses. In 2024 the sector employed roughly 900,000 Canadians and contributed about $5.9 billion USD in taxes,...
TC Energy Could Be Open to Return to B.C. LNG Pipeline Project as Global Gas Crunch Threatens
TC Energy CEO François Poirier said the company could consider re‑entering British Columbia’s Prince Rupert Gas Transmission project if the Ksi Lisims LNG venture approaches it. Recent Middle‑East tensions have heightened the appeal of Canadian West‑Coast LNG, improving the permitting outlook...
Ontario Announces $10 Million for Junior Exploration Companies
Ontario announced a $10 million grant package for 68 junior exploration companies under the Ontario Junior Exploration Program, supplementing a total $30 million investment in 213 firms. The funding, delivered over the next year, offers grants up to $200,000 for early‑stage activities...
Company that Wants to Mine Ocean Floor Says It May Have 'Overstated' Its Growth Potential
Deep Sea Minerals Corp., a Vancouver‑based firm aiming to mine the ocean floor, admitted its investor materials may have overstated growth potential and launched a review after the British Columbia Securities Commission raised concerns. The company clarified it holds no...
Canadians Paying the Least at the Pump Are Complaining the Most, Poll Says
A poll by the Angus Reid Institute finds Canadians in the cheapest‑gas provinces—Alberta, Saskatchewan and Manitoba—are the most vocal about the financial strain caused by rising pump prices. Nationwide gasoline has jumped 23% to $1.74 per litre since the Iran‑related...
Japanese Automakers Earned Canada's Trust. Will China Do the Same with EVs?
Ottawa has opened the Canadian market to Chinese electric‑vehicle imports, reviving a debate that first surfaced when Japanese automakers entered in the 1960s. At that time, unions feared job losses, but Japanese firms eventually built plants in Ontario, creating thousands...
Danielle Smith: There Is No Global Energy Security without Canadian Energy
Premier Danielle Smith argues that global energy security cannot be achieved without Canadian energy supplies. She points to Canada’s 177 billion barrels of recoverable oil, valued over $12 trillion, and proposes doubling output to eight million barrels per day by 2035. Smith...
South Bow Confirms Open Season for New Pipeline to the U.S. Using Legacy Keystone XL Permits
South Bow Corp. has launched an open season for its proposed Prairie Connector pipeline, seeking binding commitments for 450,000 barrels per day of crude transport from Alberta’s Hardisty terminal to U.S. markets. The project will leverage existing Canadian permits originally...
Legal Fight over Propane Terminal Clouds Canada's Energy Export Push
AltaGas and Royal Vopak’s $1.35 billion REEF propane terminal, now 70 % complete at the Port of Prince Rupert, would add roughly 20 percent of Canada’s propane and butane export capacity. The Metlakatla First Nation has withdrawn its support and filed a lawsuit...
PDAC 2026: New Brunswick Says It Wants to Be the 'Best Place' To Mine in Canada
New Brunswick Premier Susan Holt unveiled a comprehensive minerals strategy at PDAC 2026, aiming to make the province the best place to mine in Canada. The plan promises faster permitting, targeted incentives, and infrastructure upgrades to attract investment in critical...
Whitecap Says Scale Gained with Veren Takeover Helped Secure Global Gas Contracts
Whitecap Resources leveraged its May acquisition of rival Veren to boost scale, prompting a credit‑rating upgrade, lower borrowing costs and larger reserves. The expanded footprint enabled the company to lock in two 10‑year natural‑gas supply contracts totaling 85,000 MMBtu per day,...
