canada

Government, Business, Safety

Canadian Trucking Alliance Will Continue Push for Drug and Alcohol Testing Program

Marijuana plants Recreational use of cannabis became legal in Canada in October 2018. (Getty Images)

The Canadian Trucking Alliance will continue to urge government officials, including those recently elected, to establish a drug and alcohol testing program.

Eleanor Lamb | Staff Reporter
October 28, 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

Auto Plant Shutdowns Fuel Canada Factory Sales Drop

Factory worker Jeff Kowalsky/Bloomberg News

Sales at Canadian manufacturers declined for a second straight month, partly on shutdowns at auto and steel plants. Factory sales fell 1.3% in July, Statistics Canada reported Sept. 17 from Ottawa. That far exceeded the median forecast in a Bloomberg survey of economists, which called for a 0.1% decline. In volume terms, sales dropped 1.6%.

September 17, 2019
Business, Technology, Logistics

Shopify Gets Boost After $450 Million Acquisition

Shopify Cole Burston/Bloomberg News

Shopify Inc.’s initiative to spend $1 billion to set up a network of fulfillment centers in the U.S. has gained momentum after it announced the acquisition of 6 River Systems Inc., analysts said.

September 10, 2019
Government, Business, Fuel

Energy Stocks in Canada ‘Decoupling’ From Oil Seen as Worst Ever

Suncor Millennium upgrader plant at the Athabasca Oil Sands near Fort McMurray, Alberta, Canada The Suncor Millennium upgrader at the Athabasca Oil Sands near Fort McMurray, Alberta, Canada, on Sept. 10, 2018. (Ben Nelms/Bloomberg News)

The days when energy stocks and the price of oil moved in lockstep are now few and far between. In Canada, it’s the worst divergence on record.

Michael Bellusci | Bloomberg News
August 14, 2019
Government, Business, Technology, Safety

Canadian Trucking Alliance Urges Provinces to Adopt ELDs

Canada, USA flags blowing in wind U.S.-based carriers that travel into Canada will need to have a Canadian-certified ELD. (Torrey Wiley/Flickr)

The Canadian Trucking Alliance has initiated conversations with transportation ministers in an effort to encourage adoption of electronic logging devices at the provincial level.

Eleanor Lamb | Staff Reporter
August 7, 2019
Government, Business, Fuel

Pipelines Add Room on ‘Unrelenting’ Demand for Canada’s Oil

Oil Simon Dawson/Bloomberg News

U.S. refiners want more Canadian oil, and pipeline companies are finding ways to get it to them. Companies are adding space to their congested oil export pipelines from Canada even as plans for bigger expansions and new lines face delays.

Robert Tuttle | Bloomberg News
August 2, 2019
Business, Technology

Shopify Rally Continues After Sales, Outlook Beat Estimates

Shopify Cole Burston/Bloomberg News

Shopify Inc. shares continued their rally Aug. 1 after the Canadian e-commerce company reported second-quarter sales that beat analysts’ average estimate and gave a more optimistic full-year outlook.

Simran Jagdev | Bloomberg News
August 1, 2019
Government, Business, Fuel

Canadian Oil Firms Offer to Ship by Rail if Output Limits Ease

Canada James MacDonald/Bloomberg News

Canada’s oil-sands producers are offering to commit to shipping a certain amount of their crude by rail in return for the Alberta government raising its production limits.

July 9, 2019
Business, Logistics

Purolator to Spend $759 Million for Faster Deliveries in Canada

Purolator

Courier company Purolator Inc. will invest more than C$1 billion over the next five years to build a shipping hub in Toronto, upgrade its fleet and enhance its retail network in Canada to reach more customers.

Simran Jagdev | Bloomberg News
June 25, 2019

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