OTTAWA - Concerns about a possible recession are growing after Statistics Canada said Tuesday that the economy contracted in April, marking the fourth consecutive monthly decline.
TransCanada Corp. is making another pitch to the Obama administration for approval of the long-delayed Keystone XL pipeline, citing, among other things, the tougher carbon-emission regulations imposed by Alberta's New Democratic government.
Cenovus Energy Inc. has agreed to sell its mineral-fee-title lands and promised the buyer a slice of its future revenue in a multibillion-dollar deal that will inject much-needed cash into its coffers.
CALGARY, Alberta, June 30 Shareholders in Canadian energy producer Legacy Oil + Gas voted in favour of the company being acquired by Crescent Point Energy Inc on Tuesday, in a deal worth C$1.53 billion in shares and debt.
Less than a year after the Mount Polley tailings pond collapsed, spilling toxic waste water in central B.C. waterways, the mine could reopen as early as July, says B.C.