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.

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.

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
Government, Business

Factories Lead Canada’s Fastest Economic Growth in Five Months

Factory Worker Getty Images

Canadian gross domestic product grew at the fastest pace in five months on a lift from manufacturing, while oil made an unexpected contribution as prices began to fall for Alberta crude.

Greg Quinn | Bloomberg News
December 21, 2018
Government, Business

Canada Posts Trade Deficit With Declining Exports and Imports

Justin Trudeau in China Canadian Prime Minister Justin Trudeau addressing the media in a prior trip to China. (Ng Han Guan/Associated Press)

Canada’s economy continued to show sluggish trade flows in September with both exports and imports recording back-to-back monthly drops. The statistics agency also revised away its previously reported surplus from August.

Greg Quinn | Bloomberg News
November 2, 2018
Government, Business

NAFTA’s Latest Deadline Day Comes and Goes Without Canada Deal

Containership docked in British Columbia A containership sits docked at a marine terminal in Surrey, British Columbia. No new trade deal between the U.S. and Canada was struck by a perceived deadline day Sept. 20, but talks continue. (James MacDonald/Bloomberg News)

OTTAWA — NAFTA talks probably have missed the latest in a string of deadlines, leaving all eyes on the United States over what will happen next.

Josh Wingrove | Bloomberg News
September 21, 2018
Government, Business

NAFTA Deal Unlikely This Week, Raising Tariff Fears

Chrystia Freeland, Canada's minister of foreign affairs Chrystia Freeland, Canada's minister of foreign affairs, speaks to the media outside the U.S. Trade Representative office in Washington on Sept. 19. (Yuri Gripas/Bloomberg News)

NAFTA talks are picking up again, but a deal is unlikely to be reached this week, four people familiar with discussions said — increasing the odds the latest deadline will be missed amid President Donald Trump’s threat to freeze Canada out.

September 19, 2018
Government, Business

US-Canada Trade Talks to Resume Sept. 5 After No Deal Reached

Chrystia Freeland Canada Foreign Affairs Minister Chrystia Freeland speaks with the media as she arrives for trade talks at the Office of the United States Trade Representative Aug. 31, 2018. (Jose Luis Magana/Associated Press)

U.S. negotiations with Canada on a trade deal will resume Sept. 5 after four days of intense negotiations in Washington ended without an agreement.

August 31, 2018