Five business trends to watch for in 2024
Business headlines in 2023 saw a housing crisis and the fight against inflation take centre stage while the job market proved to be stronger than expected.
Trans Mountain
Trans Mountain project cost overruns were justifiable and reasonable, company insists
The company building the Trans Mountain pipeline expansion has submitted evidence to support its claim that oil companies must pay more in tolls in light of the pipeline project's mounting costs.
Why financial policy could be a real winner for our carbon targets
Right now, Canada’s financial system isn’t on the right track to ensure kids like mine will have a green and equitable future.
B.C. imprisons people we should listen to
As the Trans Mountain pipeline expansion project nears completion, we should never forget the case involving Will George.
First Nation questions Liberals' commitment to reconciliation with pipeline route change
Trans Mountain Corp. insists it is committed to "meaningful engagement" with Indigenous communities after it was given the green light to move its pipeline route despite the objection of a First Nation.
Regulator rules in favour of Trans Mountain route change
The Crown corporation that owns the pipeline project had requested permission to alter the route slightly for a 1.3-kilometre stretch of pipe in the Jacko Lake area near Kamloops, as well as the construction method for that section.
Trans Mountain pipeline project facing new construction hurdle which could spell further delay
In its regulatory filing, Trans Mountain Corp. said it has run into engineering difficulties related to the drilling of a tunnel in B.C. and wants to alter the route slightly for a 1.3-kilometre stretch of pipe, as well as the construction method.
City councillor vows to speak up against Trans Mountain ‘every chance that we get’
The city of New Westminster has reiterated its opposition to the Trans Mountain pipeline over concerns the line would have catastrophic effects on people and wildlife in the event of a spill.
Proposed toll hikes won’t cover Trans Mountain’s price tag
Trans Mountain wants to charge oil shippers more to use its expansion pipeline, but those increased tolls wouldn’t cover even half of the project’s $30.9-billion price tag.
$13 billion and counting: Ottawa backs another TMX loan guarantee with taxpayer money
The federal government is once again putting taxpayer dollars on the line to prop up the Trans Mountain pipeline expansion.
Canada’s biggest banks pitch in another $3 billion for Trans Mountain
Trans Mountain will have to repay the banks, with interest, and experts warn it is unlikely the company will be able to repay banks based on the project’s construction costs, tolls and international oil markets.
Canadian banks risk overexposure with $1 trillion invested in fossil fuels
Despite promising to play their part addressing climate change, Canada’s Big 5 banks have invested over $1 trillion in coal, oil and gas companies since the Paris Agreement was signed.
Trans Mountain crosses $30-billion threshold
“It was always a disaster from a climate change perspective, but this is now an economic crime that has stolen $30 billion of public funds from real climate solutions," said Greenpeace Canada senior energy strategist Keith Stewart.
What’s the cost of a nest?
In our current regulatory scheme, the monetary value of one Anna’s hummingbird nest — $88,000 or $4,000 — is inconsequential and of zero deterrent value to Trans Mountain's proponents, writes Sara Ross.
The Guilbeault Doctrine: A cabinet minister finds the limits and power of compromise
Environment and Climate Change Minister Steven Guilbeault is using the skills he honed in the trenches as an environmental activist to push climate policy. But will it be enough for the crisis at hand?