canada

Business, Logistics

CN Rail Open to Moving Alberta’s Oil-Shipping Deals to Drillers

Canadian National Luke Sharrett/Bloomberg News

Canadian National Railway Co. is open to transferring the crude-by-rail contracts that it signed with Alberta to private companies or to striking other arrangements that put its spare shipping capacity to use, CEO Jean-Jacques Ruest said.

Kevin Orland | Bloomberg News
May 9, 2019
Government, Business

Canada Won’t Ratify USMCA Trade Deal if Metals Tariffs Are in Place

steel Shannon VanRaes/Bloomberg News

Canada is ratcheting up pressure on the U.S. to lift tariffs on steel and aluminum — threatening to hold up the new continental trade deal and change up its own retaliatory tariffs to have a bigger impact.

Josh Wingrove | Bloomberg News
April 5, 2019
Government, Business, Fuel

Canadian Oil Rally May Falter Amid Pipeline Delay, Deloitte Says

Daniel Acker/Bloomberg News

The stubborn, sharp rise in Canadian heavy crude prices finally may falter later this year, when swelling output overwhelms a pipeline system that will be lacking a key project producers had counted on, according to Deloitte.

Kevin Orland | Bloomberg News
April 3, 2019
Business, Logistics

Fiat Cuts 1,500 Jobs as Canada Plant Reduces Minivan Output

Fiat Daniel Acker/Bloomberg News

Fiat Chrysler Automobiles NV is cutting about 1,500 jobs at a factory in Canada that’s scaling back production due to slowing minivan sales.

Chester Dawson | Bloomberg News
March 29, 2019
Government, Business, Logistics

Canada Factories Halt Slide With Strongest Gain in Seven Months

Christinne Muschi/Bloomberg News

Canadian manufacturers began 2019 with their strongest sales gain in seven months, bringing an end to a string of bad reports.

Theophilos Argitis | Bloomberg News
March 15, 2019
Business, Fuel

Canadian Oil Industry Takes Fresh Hit With Key Pipeline Delay

Oil David Wilson/Flickr

Canada’s already beaten-down oil industry is facing a fresh setback as regulatory issues bog down another key pipeline project.

Kevin Orland | Bloomberg News
March 4, 2019
Government, Business, Logistics

Vancouver Squeezed for Industrial Space, Canadian Brokerage Says

Vancouver Darryl Dyck/Bloomberg News

The market for industrial space is so hot in Vancouver, British Columbia, the city may run out of land for the sector, according to brokerage CBRE Ltd.

Natalie Wong | Bloomberg News
February 26, 2019
Business, Technology, Fuel, Logistics

Alberta Expects $1.7 Billion Profit From Crude-by-Rail Operation

crude rail James MacDonald/Bloomberg News

Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture.

Kevin Orland and Robert Tuttle | Bloomberg News
February 20, 2019
Business, Fuel, Logistics

Railcar Loads for Canadian Oil Hit Record Amid Pipeline Bottleneck

Railroad tracks James MacDonald/Bloomberg News

Heavy Canadian crude isn’t getting cheaper, but that hasn’t stopped companies from splurging on costly rail shipments.

Robert Tuttle | Bloomberg News
January 24, 2019
Business, Logistics

Canadian Factory and Wholesale Slump Confirms Economic Slowdown

Manufacturing Christinne Muschi/Bloomberg News

Canadian manufacturers and wholesalers recorded sharply lower sales in November, adding to evidence the nation’s economy entered a soft patch at the end of last year.

Theophilos Argitis | Bloomberg News
January 22, 2019

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