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Toronto-Dominion Bank struck a deal to provide financial content for the immigrant-geared CanadaVisa website, part of its bid to win a greater share of the new Canadians who are an increasingly important source of growth for the country’s big lenders. → Read More
Canada’s national police service is sending to banks the names of people involved in protests that have paralyzed the nation’s capital, a first concrete step in the financial crackdown on demonstrators. → Read More
Prime Minister Justin Trudeau defended his use of emergency powers to get protests across Canada under control after the opposition Conservatives accused him of using an “unprecedented sledgehammer.” → Read More
Prime Minister Justin Trudeau will invoke emergency powers in response to protests in Canada’s capital city that have entered their 18th day. → Read More
Wealth management is a particularly attractive business for investment right now. → Read More
The banking industry could be among the clearest losers from Canadian Prime Minister Justin Trudeau’s re-election to a third term. → Read More
Prime Minister Justin Trudeau is pledging to impose a 3% surtax on Canada’s largest financial institutions if he’s re-elected. → Read More
For years, women have gotten a foot in the door to the finance industry by becoming bank tellers. Now that path is disappearing. → Read More
At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to 1 million barrels a day of output. → Read More
Alberta Premier Jason Kenney is using the Covid-19 pandemic to accelerate efforts to diversify his oil-dependent economy, a change of emphasis for a leader who once pledged to return the Canadian province to fiscal discipline. → Read More
Enbridge Inc.’s yearlong battle with Michigan officials over a pipeline that runs through the Great Lakes is flaring up again after damage to a support structure prompted the state to try to shut down the conduit. → Read More
Enbridge Inc.’s planned replacement and expansion of its Line 3 crude oil pipeline hit another potential setback as Minnesota’s commerce department asked regulators to reconsider a key approval. → Read More
TC Energy Corp.’s Keystone XL oil-sands pipeline was a dealt a setback with a judge’s ruling that the U.S. Army Corps of Engineers improperly approved a streamlined permit process without fully evaluating the impact on endangered species. → Read More
(Bloomberg) -- In the oil price war between Saudi Arabia and Russia, the first big victim is likely to be Canada.Hit by unfettered supply from Russia and Saudi Arabia and reduced demand as a result of the coronavirus, the benchmark blend of crude produced from Canada’s oil sands plunged to a record low → Read More
Enbridge Inc.'s proposed shift to long-term crude shipping contracts on its Mainline pipeline network is drawing the ire of a growing number of producers, and now Canada's energy regulator is getting involved, which could delay the process. → Read More
The sun will come out tomorrow, or at least some time next year. → Read More
“We’re pretty unique in the way we can add value through the transaction,” Peabody said on Husky’s third-quarter earnings conference call. Peabody also said he’s not optimistic that Western Canada Select crude prices will be helped much by the end of an active U.S. refinery maintenance season that reduced → Read More
Cenovus Energy Inc. Chief Executive Officer Alex Pourbaix was in his office in downtown Calgary in late August when he checked his phone and noticed his company’s shares were plunging for no apparent reason. For Pourbaix’s company, one of the country’s largest oil sands producers, the ruling threatened → Read More
The escalating trade battle between Canada and Saudi Arabia highlights the need for more pipelines to move oil and natural gas around the northern nation to improve its energy security, according to the Canadian oil industry’s largest trade group. → Read More
Kinder Morgan Canada Ltd. said the Trans Mountain oil pipeline expansion will cost 26 percent more than estimated and take a year longer to complete. → Read More