Business

Cenovus hits one million barrels a day as July production tops milestone Cenovus hits one million barrels a day in July, marking a historic oilsands milestone as production, deals and …

Airbus investment accelerates Landing Zones’ Alberta drone expansion Airbus investment accelerates Landing Zones’ Alberta drone expansion, scaling production of the Eagle supersonic target drone and promising jobs, exports and defence …

Union Pacific-Norfolk Southern merger clears hurdle as CN drops opposition after access deal; CPKC continues to fight $85B proposal CN drops opposition to the Union Pacific-Norfolk Southern merger after gaining …

Canadian National posts stronger Q2 profit, eases opposition to U.S. rail mega-merger Canadian National reports higher Q2 profit and revenue, driven by fuel surcharges and commodity gains; CN also reached …

Shell takeover of ARC Resources cleared as 99.54% of shareholders approve $22B deal Shell takeover of ARC Resources cleared as 99.54% of votes approve $22B acquisition, boosting Shell’s Montney footprint …

Meta data centre in Alberta: $13B, 1GW AI campus planned for Sturgeon County Meta will build a 1-gigawatt, AI-focused data centre campus in Sturgeon County, Alberta—$13B investment plus $4.6B power …

Ryco Properties buys Marlborough Mall in northeast Calgary, names it flagship asset Ryco Properties has purchased Marlborough Mall in northeast Calgary, naming the 385,000-square-foot regional shopping centre a flagship in …

Canada and Alberta submit West Coast Pipeline proposal while B.C. secures northern tanker ban Canada and Alberta formally submitted the West Coast Pipeline proposal to the federal Major Projects Office …

China oil imports helped blunt global price surge after Strait of Hormuz blockade China oil imports and reserve draws eased supply shocks after Iran’s blockade, keeping Brent and WTI far …