Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,316.53, down 67.10 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 41 cents, or 4.49 per cent, to $9.54 on 14.9 million shares. Baytex Energy Corp. (TSX:BTE). Oil and gas. Down five cents, or 1.12 per cent, to $4.42 on 12.6 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 12... Read More

Better prices and new pipelines expected to drive higher Canadian crude output

Better prices and new pipelines expected to drive higher Canadian crude output
CALGARY — The Canadian Energy Research Institute says a pipeline capacity gap that is impeding the movement of Western Canada’s crude to market will close by 2021 and there will be surplus capacity from about 2022 until 2030. In a forecast based on financial modelling, the Calgary-based think-tank calls for the Enbridge Line 3 and Trans Mountain expansion pipelines to... Read More

Baytex Energy and Raging River Exploration sign merger deal

Baytex Energy and Raging River Exploration sign merger deal
CALGARY — Baytex Energy Corp. and Raging River Exploration Inc. have signed a deal to merge operations. The combined company, which will operate under the Baytex name, is expected to have production of approximately 94,000 barrels of oil equivalent per day from a diverse portfolio of oil assets that includes the Viking, Peace River, Lloydminster and East Duvernay Shale regions... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,314.42, down 14.54 points) Prometic Life Sciences Inc. (TSX:PLI). Biotechnology. Up two cents, or 3.28 per cent, to 63 cents on 30.3 million shares. Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 24 cents, or 1.94 per cent, to $12.14 on 12.9 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,328.96, up 63.14 points) Nemaska Lithium Inc. (TSX:NMX). Miner. Down three cents, or 3.09 per cent, to 94 cents on 5.04 million shares. Katanga Mining Ltd. (TSX:KAT). Miner. Down nine cents, or 6.67 per cent, to $1.26 on 4.8 million shares. Yamana Gold Inc. (TSX:YRI). Miner. Up 22 cents,... Read More

Transat: difficult to offset higher fuel prices with higher fares for customers

Transat: difficult to offset higher fuel prices with higher fares for customers
MONTREAL — Transat AT Inc. expects to have a more difficult summer season than last year as a result of a sudden increase in jet fuel prices since April and limited ability to pass along the cost to customers, senior executives told analysts Thursday. Annick Guerard, the travel company’s chief operating officer, said on a conference call that “we see most of the... Read More

Crude-by-rail exports hit three-year high as Canadian oil discounts rise

Crude-by-rail exports hit three-year high as Canadian oil discounts rise
CALGARY — Railway exports of crude oil from Western Canada are starting to increase, a welcome sign for producers who were forced to accept bigger price discounts and, in some cases, curtail production, as export pipelines filled to near capacity earlier this year. Crude-by-rail exports to the United States jumped to a three-year high in March of just over 170,000 barrels per day, the highest... Read More

Supreme Court will not hear drug testing appeal involving oilsands workers

Supreme Court will not hear drug testing appeal involving oilsands workers
OTTAWA — The Supreme Court of Canada will not hear a union’s appeal of a key ruling about random drug testing at Suncor Energy’s oilsands operations in northeast Alberta. Suncor began testing staff in safety-sensitive jobs six years ago, prompting Unifor — which represents some 3,000 workers at the site — to file a grievance claiming the tests infringe privacy. An arbitration tribunal... Read More

Husky wants to build Saskatchewan oil pipeline, replace one that leaked in 2016

Husky wants to build Saskatchewan oil pipeline, replace one that leaked in 2016
PRINCE ALBERT, Sask. — The company behind the 2016 oil spill that fouled the North Saskatchewan River and threatened the water supply of Prince Albert and other communities wants to build new pipelines to replace the structure that leaked. Husky Energy held an open house Wednesday in Prince Albert to discuss its proposal. Calgary-based Husky says its plan calls for... Read More

Syncrude oilsands tailings plan approved by regulator despite deficiencies

Syncrude oilsands tailings plan approved by regulator despite deficiencies
CALGARY — The Alberta Energy Regulator has approved a tailings pond management plan for oilsands miner Syncrude Canada despite its reliance on a remediation method that isn’t endorsed by the agency. The regulator requires that all oilsands mine producers outline how they will deal with the toxic storage ponds that together cover more than 220 square kilometres and contain almost... Read More