Potash Corp. of Saskatchewan Inc. and Agrium Inc. confirmed they are in talks about a possible “merger of equals” Tuesday, a tie-up that could give the Canadian agricultural giants added clout if potash prices eventually recover, industry watchers say.
Canadian stocks were little changed on on Tuesday after erasing an advance, as gold producers tumbled with the metal, overshadowing gains in Potash Corp.
The federal energy regulator has suspended its environmental assessment hearings of the controversial Energy East project as the heated political battle in Quebec threatens to derail the $15.7-billion pipeline proposal.
Vandals cut down two hydro poles in Surrey last weekend, then stripped the transformers of their copper wire, according to BC Hydro.
The city has a potential fix in place that could get the Metro Line running at full speed, but it won't be ready in time to meet the latest deadline for Aug 31.