Energy
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Sask. premier Wall halts plan for corporate tax cut
The provincial budget planned for a phased-in corporate tax cut from 12 per cent to 11 per cent by July 1, 2019, but the premier said the cut is no longer necessary to stay competitive
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GE renewing its focus on returning to industrial roots, looks to cut $2B in costs
GE’s new CEO John Flannery said the company will shed business units worth more than $20 billion over the next several years and plans to cut US$2 billion in costs in 2018
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‘The U.S. is not a dictatorship’ Veteran MP says it’s time for Congress to do its job on NAFTA
Bob Nault, who heads the House of Commons foreign affairs committee, says Trump and his administration should “let the negotiators do their job, and do it quickly with a very firm understanding of what the direction is”
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U.S. negotiators admit to not having analyzed impact of killing NAFTA
After weeks of contentious talks, poison pills and suggestions the U.S. is trying to sabotage NAFTA talks, we now discover Washington hasn’t even bothered to find out what could happen if the trade deal dies on the negotiating table
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Pollution kills 9 million people a year, according to landmark study
One out of every six premature deaths in the world in 2015 could be attributed to disease from exposure to toxins, making pollution more deadly than war, or AIDS, tuberculosis and malaria combined
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Examining Bill Morneau’s tax-reform tweaks
Ottawa announced several changes this week to the controversial suite of tax-reform proposals that has drawn the ire of small business owners and farmers across the country. Here’s a look at what’s changed
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In waters off Scotland, world’s first floating wind farm starts generating power
Until now, offshore wind turbines have been restricted to particularly shallow waters. New ballasted technology has changed the rules of the game and is expected to open up a huge number of coastal regions to development
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If NAFTA dies, old Canada-U.S. free trade deal would live on… right? Not so fast
Expecting the suspended 1987 accord to immediately snap back into place is “naive” one expert said. The political climate in Washington and unprecedented procedural questions could derail attempts to reinstate the agreement
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Canadian exports set for significant growth, despite trade disputes, says EDC
The overall strength of both the U.S. and global economies are the key drivers for Canadian exports, and Export Development Canada says the current synchronized global upturn is “pretty much as good as it gets”
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Hostile regulatory environment sending energy investment to the U.S.: report
But a new research report by the Montreal Economic Institute suggests Energy East’s demise indicates a growing and worrisome pattern