Mining & Resources
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Cenovus CEO estimates production curtailments will deliver billions to taxpayers
The curtailment program which started Jan. 1 was designed to clear up a glut of oil that had overwhelmed pipeline capacity and lowered prices
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Canada banning oil, gas and mining work from marine protected areas
The change applies only to marine protected areas and brings Canada up to international standards
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Teck Resources less exposed to China as uncertainty on imports continue
For the first time last year, India surpassed China as a market for the company’s steelmaking coal
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‘Open for business’: Jason Kenney’s UCP wins majority in Alberta election
Almost 700,000 people voted in advance polls, well above the record 235,000 who did in 2015
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Federal government gives environmental nod to $1.8B gold mine in B.C.
The New Gold Inc. mine would generate 60,000 tonnes of gold and silver ore a day over the 17-year life of the mine
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Nova Scotia seeking firms to explore possibility of digging out remaining coal
The proposal flies in the face of a federal goal of ending coal-fired electrical generation by 2030
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SNC-Lavalin joint venture wins $1B contract to decommission U.S. nuclear site
The contract adds high-margin nuclear work to SNC-Lavalin’s existing $1.2-billion backlog of decommission and specialty nuclear engineering work
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Decision day in Alberta: Voters head to polls in provincial election
A four-week campaign focused on Alberta’s fragile economy, including sluggish oil prices and unemployment levels
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U.S. industrial production slipped 0.1% in March
Manufacturing production was flat in March. Growing tensions with China and a slowing economy adds to the drop in factory output to an annual rate of 1.1%
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Statistics Canada reports manufacturing sales fell 0.2% in February
Statistics Canada says sales were down in 15 of 21 industries, with a notable retreat in motor vehicle assembly and wood products industries
