CALGARY – The National Energy Board is shifting its attention eastward, following Ottawa’s approval of the Trans Mountain project to Canada’s west coast, with new panellists to review TransCanada Corp.’s Energy East project to New Brunswick being appointed “very soon,” according to Natural Resources Minister Jim Carr. 657 more words
Tags » TransCanada Corporation
The Alberta government says it will take out a loan worth hundreds of millions of dollars to help cover losses from cancelled electricity contracts.
The province said Wednesday it hasn’t calculated exactly how high the loan will climb, though one power analyst said it will likely surpass $500 million. 640 more words
TD Bank, Magna International and TransCanada are among the 20 Canadian stocks best positioned to gain from U.S. president-elect Donald Trump’s “good policies” while being somewhat sheltered from any downside, RBC Capital Markets said on Monday. 722 more words
TransAlta Corp. says it will move ahead with a new hydro power project in central Alberta after the provincial government agreed to financial compensation for shutting down coal-fired plants far ahead of schedule. 769 more words
Alberta’s power market has turned into an amusement park ride this week. Every day, there’s a new twist or sudden turn.
Fasten your seatbelt, and try not to lose your cookies along the way. 905 more words
CALGARY — As a federal decision looms over Calgary-based Enbridge Inc.’s proposal to replace one of its aging oil pipelines, resistance to the project is mounting along the final U.S. 591 more words
Investors starved for bond issuance are gobbling up preferred shares instead as companies including Enbridge Inc. try to lock in financing in the face of rising borrowing costs. 648 more words