Australia’s richest woman wants to mine coal in the Rocky Mountains. One of Canada’s most famous country singers is rallying ranchers and environmentalists to stop her. https://t.co/HH1Hn94jRP
Canadian government bonds rallied across the curve after the Bank of Canada held its policy interest rate steady and Governor Tiff Macklem described the economy as “weak” https://t.co/2sWAUuJqhi
The leader of one of Canada’s biggest oil companies blasted a government push for a massive carbon-capture project and carbon tax in exchange for an oil-sands pipeline as anticompetitive and uneconomic https://t.co/VUFkqJ2T6v
Alberta is set to propose a “general corridor” for a planned new million-barrel-a-day oil pipeline to the northern British Columbia coast rather than a specific route, the provincial minister of Indigenous relations said https://t.co/989Shji80H
From @nationalbank : Canada’s ranking for reserves of selected commodities 💪
I knew all of this except natural gas, which must be based on new resource quantifications. #2 is a big jump 👀
During peak ESG/divestment, when sentiment towards the sector was hugely challenged and valuations significantly depressed, we called on industry to cease production growth and instead maximize free cashflow for the exclusive use of share buybacks. This philosophy became industry standard to the great benefit of shareholders. While we still believe in the necessity of meaningful return of capital, a balance between growth and share buybacks is more appropriate going forward given there is now a "new" normal for the sector when the US/Iran war ends. An(other) energy crisis looms, and the world very much needs more Canadian energy! This refined view was communicated last week at the Calgary Energy Roundtable Conference.
Foreign investors are increasingly looking at ways to deploy capital in Canada, a trend that’s extending to the country’s own pension funds, according to Scotiabank CEO Scott Thomson https://t.co/4epvzkYtvE
Canada is set to announce a deal to supply Germany with liquefied natural gas from a planned export facility on the coast of British Columbia https://t.co/4gs6barVVJ
Many Egyptians are bitter that their country’s plight has forced it to sell prized assets and land to Gulf investors. The Emiratis see them as ungrateful. Still, neither side will let the quarrel spiral too far https://t.co/R4wibhs6Vj
Prime Minister Mark Carney said people in British Columbia should see “substantial economic and financial benefits” from a proposed new oil pipeline to the province’s coast, which BC Premier David Eby opposes. https://t.co/a3h9S9f6iI