Canadian oil industry leaders are trying to get a better idea what the impact of a new import tax in the United States would be on Canada's energy sector if the Trump administration embraces it.
Canadian stocks fell for the third time in four sessions, as declines in industrial and financial shares offset gains in raw-material and energy producers.
A section of an intra-provincial oilfield pipeline under construction in Canada's oil heartland of Alberta needs replacement after being damaged by an act of “mischief,” authorities said on Monday.
Canada's energy companies have been warned that they face increasing risks of cyber espionage and attacks on their pipelines, oil storage, shipment facilities and power transmission towers using homemade explosives.
The Hyundai Motor Group said it plans to lift U.S. investment by 50 per cent to $3.1-billion over five years and may build a new plant there - the latest auto firm to announce fresh spending after President-elect Donald Trump threatened to tax imports.