Trans Mountain pipeline ushers in new economic era for Fort McMurray

As the urban centre at the heart of Canada’s oilsands industry, Fort McMurray has seen more than its share of ups and downs. A decade and a half ago, the northern Alberta community was this country’s most famous boom town. High oil prices helped to drive unprecedented demand for the thick, viscous bitumen that lies … Read more

Inflation dropped to 10-month low in March, but no relief on food bills yet

A similar easing was recorded in pulses, whose prices rose 17.7% in March, 2024, from 18.5% in February. | Photo Credit: Sushil Kumar Verma India’s retail inflation moderated to a ten-month low of 4.85% in March from 5.1% in February, but food inflation remained sticky at 8.52%, little changed from the 8.66% recorded in the … Read more

Farmers Across the EU Unite in Protest: Costs Are Up While Prices Stay Down

Farmers across the European Union (EU) have taken to the streets, raising their voices in protest against various challenges that threaten their livelihoods. Brussels city centre witnessed a congestion of hundreds of tractors on Thursday, accompanied by agitated farmers pelting the European Parliament with eggs. Despite agriculture not being a scheduled topic for the EU … Read more

Oil and gas sector CEO compensation jumps double-digits amid surging profits

CEO pay in the oil and gas sector has soared with the industry’s post-pandemic resurgence and will likely increase even more with the completion of the Trans Mountain pipeline expansion this year, a new report projects. The report released Wednesday by the Bedford Consulting Group looked at C-Suite salaries, bonuses and other forms of executive … Read more