Politics·New Canada Post warns its financial situation is so grim it could run out of operating money in less than a year, citing declining revenue and increased competition from private delivery companies. Crown corporation could run out of money in less than a year, cites declining revenue and stiff competition CBC News · Posted: May 03, 2024 … Read more
A new report says the federal government is providing billions of dollars in financial support for the fossil fuel industry, despite measures announced last year to limit certain types of subsidies for the oil and gas industry. The analysis, released today by the advocacy group Environmental Defence, estimated that Ottawa offered up at least $18.6 … Read more
Environment Minister Steven Guilbeault says Ottawa has to take action against Saskatchewan for breaking the federal carbon-pricing law. Premier Scott Moe said last week Saskatchewan would not submit the money it owes for the carbon price on natural gas as required on Feb. 29. Moe is protesting Ottawa’s decision to exempt heating oil from the levy … Read more
The company building the Trans Mountain pipeline expansion now estimates the project’s costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion. That’s according to a regulatory filing Trans Mountain Corp. provided to the Canada Energy Regulator on Monday. It represents the latest in a series of cost increases … Read more
Canada Post Inc. is selling off its third-party logistics business to a Montreal company, according to a media release Tuesday from the Crown corporation. The sale of SCI Group Inc. to Metro Supply Chain comes as the country’s national postal service “focuses on transforming to serve the changing needs of Canadians and Canadian businesses,” says … Read more
The Canada Energy Regulator will hear arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance. The Trans Mountain pipeline is Canada’s only oil pipeline to the west coast, and its expansion will boost the pipeline’s capacity to 890,000 barrels per day from 300,000 currently. The project’s … Read more
Politics Prime Minister Justin Trudeau has appointed a former Olympian, a philanthropist and the head of the Canadian Women’s Foundation to the Senate. All three appointees to fill vacant Ontario Senate seats The Canadian Press · Posted: Dec 20, 2023 3:32 PM EST | Last Updated: 9 hours ago Marnie McBean (left), Paulette Senior (centre) and … Read more
Sports
NHL coach Jon Cooper apologizes for sexist ‘goalies in skirts’ comment – National