CALGARY — Oilsands producer MEG Energy Corp. says co-founder Bill McCaffrey will be retiring from his role as CEO as well as from the board of directors following its annual general meeting on May 31. The Calgary-based company says director Harvey Doerr is to act as interim CEO while it searches for a permanent replacement. […]
WINNIPEG — Prices were mixed in mid-morning trading at ICE Futures Canada on Monday: Canola: May ’18 $0.70 higher $535.50; July ’18 $1.10 lower $532.70; Nov. ’18 $0.90 lower $519.00; Jan. ’19 $0.50 lower $523.40; March ’19 $2.40 higher $528.00; May ’19 $1.10 higher $527.60; July ’19 unchanged $526.60; Nov. ’19 unchanged $508.40; Jan. ’20 […]
ONTARIO, Calif. — All gates at Southern California’s Ontario International Airport are open again after part of a terminal was briefly evacuated while a bomb squad investigated a suspicious device. Fire Department Battalion Chief Jim Schiller says the item found in a passenger’s luggage around 5 a.m. Monday was determined to be an inert device […]
Securities regulators are taking a hard look at whether companies should be allowed to pay investment dealers for securing favourable shareholder votes
South Korea, Germany and Singapore are the world’s top-ranked nations in their preparations for smoothly integrating intelligent automation into their economies, according to an index and report released today by ABB and The Economist Intelligence Unit. The report “The Automation Readiness Index (ARI): Who Is Ready for the Coming Wave of Innovation?” finds that even […]
DENVER — Across the street from the Colorado Capitol rises an 11-story building emblazoned with The Denver Post’s logo. No reporters work out of the building any more, only executives of Digital First Media, whose cuts at the Post triggered an unusual plea from the paper’s own editorial page to be sold to another owner. […]
Deal means APRIL Group is diversifying its Canadian business
OTTAWA — The federal budget watchdog says the Trudeau government is on track to run deficits nearly $8 billion deeper than expected over the next two years. A new analysis by the parliamentary budget officer estimates Ottawa will post a $22.1-billion shortfall this fiscal year, which would be $4 billion more than the government’s projection […]
What impact could the legislation have in B.C. and beyond?
A truck can only carry 200 barrels of oil, compared with 60,000 barrels in one unit train, or nearly 600,000 per day on the Keystone Pipeline