New U.S. pipeline expected to lower natural gas prices in Central Canada

New U.S. pipeline expected to lower natural gas prices in Central Canada
CALGARY — Consumers in Ontario and Quebec can expect to pay less for natural gas to heat their homes as a new pipeline connects shale gas from the northeastern United States to the Dawn storage hub near Sarnia in southwestern Ontario. The Rover Pipeline last week won approval from the U.S. energy regulator to increase shipping to its capacity of 3.25 billion cubic... Read More

Liberals set to ask expert panel for ways to regulate online streaming services

Liberals set to ask expert panel for ways to regulate online streaming services
OTTAWA — The Liberals are enlisting seven experts to help rewrite the country’s broadcasting regulations so online streaming giants like Netflix and Spotify are forced to give a boost to Canadian content. Government officials, speaking on condition of anonymity because the information was not yet public, say the panel will also be asked to review the mandate of CBC/Radio-Canada with a view... Read More

Akita Drilling buying U.S.-focused Xtreme Drilling in $209-million deal

Akita Drilling buying U.S.-focused Xtreme Drilling in $209-million deal
CALGARY — Akita Drilling Ltd. is buying U.S.-focused rival Xtreme Drilling Corp. in a $209-million cash-and-shares deal designed to gain greater access to the more active U.S. oil and gas exploration market. The Calgary-based companies say the resulting medium-sized drilling firm will have a total of 44 rigs in major resource basins in Canada and the United States. Akita, which has been focused on... Read More

Trump wants separate trade deals with Canada, Mexico, says adviser Kudlow

Trump wants separate trade deals with Canada, Mexico, says adviser Kudlow
OTTAWA — Donald Trump’s leading economic adviser says the president wants to strike separate, bilateral trade deals with Canada and Mexico rather than continue renegotiating the North American Free Trade Agreement. Larry Kudlow, the director of Trump’s National Economic Council, says the president indicated that preference to him when they spoke on Monday. Kudlow was speaking today on the Fox News morning program, Fox and Friends. He also says he relayed... Read More

Proposed pot swag ban makes it harder to compete with illicit pot: producers

Proposed pot swag ban makes it harder to compete with illicit pot: producers
TORONTO — A proposed ban on the use of cannabis brand elements on T-shirts and other swag would make it more difficult to stamp out the black market after legalization and have “significant” unintended consequences, licensed producers said Monday. The Senate is set to make a final vote Thursday on an amended Bill C-45 before it goes back to the House of Commons for... Read More

Trudeau to talk Trans Mountain pipeline with Indigenous leaders in B.C.

Trudeau to talk Trans Mountain pipeline with Indigenous leaders in B.C.
ROSEDALE, B.C. — The prime minister is expected to meet with Indigenous leaders in British Columbia today, including a First Nations chief who has been a vocal supporter of the Trans Mountain pipeline expansion. Justin Trudeau will be in the Fraser Valley where he’ll speak with the Indigenous Advisory and Monitoring Committee, a group that monitors existing pipelines and the construction of the Trans Mountain’s expansion project.... Read More