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Resources & Agriculture

Canfor reports $142M Q1 loss compared with a profit a year ago

Canfor reports $142M Q1 loss compared with a profit a year ago

CEO says it was another challenging quarter for the company's lumber business
Sinclar Group curtailing Prince George, Vanderhoof, Fort St. James operations

Sinclar Group curtailing Prince George, Vanderhoof, Fort St. James operations

Company expects these industry challenges to continue through 2023
Coastal GasLink pipeline 86.8% complete

Coastal GasLink pipeline 86.8% complete

The project employed 5,513 workers as of March 31, heading into spring breakup.
Enbridge buys B.C. natural gas storage facility from Fortis for $400M

Enbridge buys B.C. natural gas storage facility from Fortis for $400M

The deal is expected to close later this year
'We like Teck as a Canadian company,' industry minister says as fate remains unclear

'We like Teck as a Canadian company,' industry minister says as fate remains unclear

Vancouver-based Teck cancelled a Wednesday shareholder vote on its plan to split into a metal and a coal company
Dwindling timber supply sparks need for diversification: Gorman CEO

Dwindling timber supply sparks need for diversification: Gorman CEO

While the industry rushed to salvage log large tracts of timber, that supply of beetle-kill has dried up.
Suncor Energy to acquire TotalEnergies’ Canadian operations for $5.5B

Suncor Energy to acquire TotalEnergies’ Canadian operations for $5.5B

Acquisition will be funded by debt
Conservatives wouldn't allow Teck takeover: Poilievre

Conservatives wouldn't allow Teck takeover: Poilievre

Conservative leader says he would use the Investment Act to prevent takeover
Glencore willing to take Teck Resources bid directly to shareholders

Glencore willing to take Teck Resources bid directly to shareholders

Teck says Glencore's takeover offer is a 'non-starter'
Teck still planning for business separation despite cancellation of critical vote

Teck still planning for business separation despite cancellation of critical vote

Shareholders want a cleaner break than what Teck proposed
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