Kevin Orland

Government, Business

Canada Sees Record First Quarter for M&A

A Canadian Pacific Railway locomotive pulls a train in Calgary, Alberta. (Alex Ramadan/Bloomberg News) A Canadian Pacific Railway locomotive pulls a train in Calgary, Alberta. (Alex Ramadan/Bloomberg News)

Mergers and acquisitions are off to their fastest start to a year ever in Canada, driven by a combination of cheap financing for buyers, high valuations for sellers and an improving economic outlook that’s encouraging companies to make major moves.

Kevin Orland | Bloomberg News
March 31, 2021
Government, Business, Fuel

‘Canada’ Is Becoming a Dirty Word in the Oil Patch

A machine that mixes sand and water before it is pumped underground during a hydraulic fracturing operation in Colorado A worker climbs down a from a machine that mixes sand and water before it is pumped underground during a hydraulic fracturing operation at an Encana Corp. well pad near Mead, Colo., on March 25, 2014. (Associated Press/Brennan Linsley)

Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.

Kevin Orland | Bloomberg News
October 31, 2019
Government, Business, Fuel

Trudeau Team Seeks to Calm Oil Patch Fears of Pipeline Debacle

A petroleum pipeline crossing marker next to road in Canada A petroleum pipeline crossing marker stands near the Kinder Morgan facility in Burnaby, British Columbia, on April 11, 2018. (Ben Nelms/Bloomberg News)

One of Justin Trudeau’s top lieutenants says the Canadian prime minister will proceed with an expansion of the Trans Mountain oil pipeline even as he’s now likely to share power with the more environmentally minded New Democratic Party.

Kevin Orland | Bloomberg News
October 22, 2019
Government, Business, Fuel

Keystone XL Pipeline Inches Forward as Order Blocking Work Is Lifted

Keystone XL Daniel Acker/Bloomberg News

TC Energy Corp.’s $8 billion Keystone XL crude oil pipeline is inching forward after a court injunction that stopped work on the project was been lifted.

Kevin Orland | Bloomberg News
August 1, 2019