It’s quite likely that by year’s end, an Indigenous investor consortium will have acquired majority ownership of the Trans Mountain pipeline, the country’s biggest megaproject.
Indigenous leaders are currently upset claiming that legislation will prevent communities, who are conducting or trying to conduct “responsible oil production” on their territories, from receiving “the full value of our resources.”
Investigators say at least one million litres of petroleum crude oil were released when a freight train derailed last month on a ranch in western Manitoba.
The president and chief executive of the Bank of Nova Scotia (BNS.TO 0.17%) is warning all Canadians will "pay a price" as the country struggles to develop pipelines and other crucial infrastructure for the energy sector.
Canada’s oil industry hit yet another setback with the recent announcement from Enbridge that it was delaying the in-service date for its Line 3 replacement project.
The NEB will impose 156 conditions on the Trans Mountain pipeline project if it is approved, and has made 16 new recommendations to the Government of Canada. The recommendations relate to matters that fall outside of the NEB’s regulatory mandate, but within the authority of the Government of Canada.