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Trudeau touts controversial pipeline project in speech to supporters in B.C.

KAMLOOPS, B.C. _ Prime Minister Justin Trudeau touted the benefits of a liquefied natural gas project that's at the centre of an impasse with First Nations in a speech to supporters in Kamloops, B.C., on Wednesday.RCMP arrested 14 people Monday in northwestern British Columbia over a protest against construction of a natural gas pipeline by Coastal GasLink, a key...

TSX positive streak continues as oil prices rise and Bank of Canada helps loonie

TORONTO, O.N. - Canada's main stock index posted its strongest four-day gain in three years Wednesday as it was propelled by a large increase in the price of crude oil and the Bank of Canada's latest rate announcement.The Toronto Stock Exchange continued its rebound from a dreadful autumn and tough December helped by positive news about the trade dispute between...

Eyes turn to second barrier in British Columbia pipeline dispute

HOUSTON, B.C. - The fate of a second barrier blocking access to a pipeline project became the focus of First Nations leaders in northern British Columbia Wednesday as they waited to see whether the RCMP would dismantle it.RCMP roadblocks remained in place for a third day around the territory of the Wet'suwet'en First Nation, where 14 people were arrested...

TransCanada name change ‘de emphasizes’ Canada for leery investors: analyst

CALGARY, A.B. - A planned move by TransCanada Corp. to change its name to TC Energy will help it attract investors who are "leery" of putting money in anything Canadian given the country's recent difficulty in building energy projects, a U.S.-based financial analyst said Wednesday.But the company and a Canadian financial analyst disagreed, saying the name change recognizes that TransCanada...

Trudeau says B.C. protest arrests not ‘ideal,’ but rule of law must be respected

KAMLOOPS, B.C. - Prime Minister Justin Trudeau says it's ``not an ideal situation'' that 14 people were arrested Monday in northwestern British Columbia over a protest against construction of the Coastal GasLink natural gas pipeline.Trudeau made the comment Wednesday on CBC's radio program Daybreak Kamloops, prior to his visit to the city to attend a Liberal party fundraiser and...

TransCanada changing name to TC Energy

CALGARY, A.B. - TransCanada Corp. is changing its name to TC Energy.The pipeline and utilities company says the change better reflects the scope of its operations across North America.TransCanada chief executive Russ Girling says TC Energy ``clearly articulates'' the company's business which includes pipelines, power generation and energy storage operations in Canada, the United States and Mexico.TransCanada shareholders will...

Coastal GasLink letter to B.C. residents and First Nations

The following letter has been released by the president of Coastal GasLink Rick Gateman Dear British Columbia residents and First Nations, At Coastal GasLink, our teams take great pride in the work they do. We have committed the past six years to creating a pipeline project that balances economic development with environmental protection. Like you, many of our people live and...

Husky Energy puts 500 retail operations and Prince George refinery on the block

CALGARY, A.B. - Husky Energy Inc. says it is looking at getting out of retailing fuels to consumers after 80 years in the business.The Calgary-based oilsands producer says it is launching a strategic review that could result in it selling its Canadian retail and commercial fuels business and its small Prince George, B.C., refinery.It says it prefers to focus on...

AFN chief critical of RCMP pipeline intervention

HOUSTON, B.C. - The national chief of the Assembly of First Nations says the use of force against people peacefully protesting the construction of a pipeline in northern British Columbia is a violation of their human and aboriginal rights.Fourteen people have been taken into custody at a blockade southwest of Houston, B.C., where some members of the Gidimt'en clan...

Coastal GasLink says they tried find a resolution to the Morice River Bridge blockade

HOUSTON, B.C. - Coastal GasLink says they’ve tried to meet with hereditary chiefs that have built a blockade on the Morice River Bridge.In a statement released Monday, Coastal GasLink says they have made several attempts to meet with hereditary chiefs including another attempt on Monday.  The meeting on Monday included the RCMP, and the group was unable to come...

RCMP arrest 14 people in northern B.C. over anti LNG pipeline protest

HOUSTON, B.C. - RCMP say they arrested 14 people from a blockade to a forest service road in northern British Columbia that is preventing access to a pipeline project.Mounties say the arrests took place at the Gitdumt'en checkpoint on Morice West Forest Service Road for various offences, including alleged violations of an injunction order against the blockade.They allege officers...

RCMP planning to enforce court injunction over anti LNG pipeline protest in B.C.

HOUSTON, B.C. - The RCMP says it is enforcing a court injunction today requiring the removal of a blockade to a forest service road in northern British Columbia that is preventing access to a pipeline project.In a statement, the Mounties say they are enforcing an interim injunction issued by the B.C. Supreme Court in mid-December that ordered anyone who...

Suncor Energy reports production hits quarterly record in fourth quarter

CALGARY, A.B. - Suncor Energy Inc. says its upstream production in the last three months of 2018 hit a quarterly record.Canada's largest integrated oil and gas company says production averaged 831,000 barrels of oil equivalent per day, up 12 percent from the third quarter.Oilsands operations produced approximately 433,000 barrels per day in the quarter, while total production from exploration...

B.C. Indian Chiefs condemn RCMP enforcement of TransCanada injunction

VANCOUVER, B.C. - The Union of B.C. Indian Chiefs says they are concerned about the safety and well-being of the Wet’suwet’en as the RCMP set up nearby the Gidimt’en camp to enforce the interim injunction from the BC Supreme Court in December 2018.UBCIC President Grand Chief Stewart Phillip stated “We strongly condemn the RCMP’s use of intimidation, harassment, and...

CO2 emissions continue to rise in B.C. despite Provincial Carbon Tax

VANCOUVER, B.C. - CO2 emissions in B.C. continue to increase even with the Provinces Carbon Tax.Provincial data shows CO2 emissions went up from 61.3 million tones in 2015 to 62.3 in 2016 (the most recent data available).  CO2 levels have increased in five of the last six years that data is available.Kris Sims, B.C. Director of the Canadian Taxpayers...

B.C. Indigenous group anticipating RCMP action at anti LNG pipeline camp

SMITHERS, B.C. - Supporters of an Indigenous camp blocking access to a planned pipeline in northern British Columbia say they are anticipating RCMP action over an injunction filed against them.Jennifer Wickham, a member of the Gidimt'en clan of the Wet'suwet'en First Nation, said on Sunday that police have gathered in Smithers and Houston, B.C., which are the closest towns...

Resource Coalition Convoy heading to Ottawa in February

FORT ST. JOHN, B.C. - A coalition of grassroots pro resource groups are organizing a convoy from Western Canada and heading to Ottawa.The Resource Coalition Convoy is being organized by Rally 4 Resources and Canada Action, both groups that are in support of the Canadian Oil and Gas industries.Founder and Chairman of FSJ for LNG, Alan Yu, says his organization is one...

Plunging Calgary office values linked to high oil and gas unemployment rate

CALGARY, A.B. - A commercial realtor says a 32 percent decline in Calgary's downtown office building property assessment this year will likely translate into lower costs for some tenants, but he doesn't expect much improvement in the vacancy rate.Greg Kwong, Alberta managing director for realtor CBRE, says companies will have to start replacing the thousands of energy industry workers...
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