Dan Healing
Reporter for The Canadian Press
About Dan Healing
Enbridge announces $4.3-billion deal with Spectra Energy Partners
Enbridge Inc. is sweetening its offer to buy all the units in Spectra Energy Partners LP it doesn't already own, raising its proposed share exchange ratio by almost 10 per cent in the all-shares transaction valued at $4.3 billion.
U.S. to impose anti-dumping duties of 24% plus on Canadian-made pipe
The United States has opened a new battleground in its trade war with the world, announcing preliminary anti-dumping duties on large-diameter welded pipe from Canada and five other countries.
Oilpatch fears delays as U.S. judge orders further review of KXL pipeline route
Potential delays in the completion of the Keystone XL pipeline following a U.S. judge's order mean that Western Canadian oil producers could suffer current price discounts for a longer period of time, an industry spokesman says.
Enbridge to sell natural gas processing business to Brookfield group for $4.31B
A $4.31-billion deal to sell Western Canadian natural gas processing plants and gathering pipelines is expected to advance Enbridge Inc.'s strategic makeover and pay down debt while funding ambitious growth plans.
U.S. boycott gains strength as Canada readies tariffs on $16.6 billion in imports
A consumer boycott of American-made products and services is gathering steam as Canada counts down to this weekend's imposition of retaliatory tariffs on $16.6 billion worth of American products.
Postmedia to close more local newspapers, cut staff cost by 10 per cent
Postmedia Network Inc. will close six small-town newspapers and reduce print publication of four more, while slashing 10 per cent of its total salary outlay through staff layoffs and voluntary buyouts by the end of August.
ConocoPhillips fined $180,000 for 2016 leak of condensate in northwestern Alberta
Oil and gas producer ConocoPhillips Canada is being fined $180,000 for a 2016 pipeline leak that spilled a light petroleum liquid into a remote area of northwestern Alberta.
No suitors emerge for pipeline project stake as Kinder Morgan deadline looms
Analysts and observers say they remain perplexed by Finance Minister Bill Morneau’s comment last week that "plenty of investors would be interested in taking on this project," after the federal government said it would offer an "indemnity" or insurance to guarantee it is built.
Cenovus posts $914-million loss, considers slowing new oilsands project
Cenovus Energy Inc. says it will consider slowing development of a 50,000-barrel-per-day oilsands expansion project that it started building early last year if there isn't meaningful progress on increasing pipeline capacity out of Alberta.
Alberta move to cut energy shipments expected to hit more than B.C. fuel prices
Economic damage will extend far beyond the fuel budgets of British Columbia residents if Alberta successfully enacts a bill allowing it to restrict oil and gas exports, observers say.