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January 14, 2019 12:50 AM Ottawa’s carbon pricing plan faces opposition, uncertainty, poll reveals

Ontario previously had a federally acceptable carbon pricing plan, with the cap-and-trade system set up by the previous Liberal government under Kathleen Wynne. When Conservative leader Doug Ford became Premier, he began dismantling this system as part of a campaign promise to end this “carbon tax.” Forum Poll asked a number of other questions of the same 1226 randomly 44

January 11, 2019 12:41 PM RBC’s CEO vows improvement to disappointing mortgage performance

Margins in the domestic mortgage business “were challenged” and the market was “super competitive” last year, McKay said. Toronto-based Royal Bank, Canada’s largest mortgage lender, with $246.9 billion (Canadian) of home loans as of Oct. 31, will do better and gain back some market share this year, McKay said. He expects the domestic mortgage market 23

December 20, 2018 4:08 PM Canada can hit Paris promise if we switch to electric cars and public transit

Canada is promising to cut current emissions nearly 200 million tonnes a year by 2030 but recent reports suggest it has to do almost twice that to do its part in curbing global warming. Environment Minister Catherine McKenna says Canada will increase its goals by 2020, as is required under the Paris agreement. Environment officials are also updating 25

December 12, 2018 5:00 PM WestJet says it’s co-operating with predatory pricing probe by Competition agency

Edmonton-based Flair Airlines has accused WestJet and low-cost offshoot Swoop of undercutting its business by pricing fares at or below cost and flooding certain routes with flights, contrary to competition legislation that protects new entrants from more dominant carriers. Flair chief executive Jim Scott tells The Canadian Press that the ultra-low-cost 22

November 27, 2018 5:30 PM Scotiabank ‘confident’ its energy portfolio can weather oil slump

Scotiabank’s energy loans accounted for $14.8 billion, or 2.6 per cent of its loan book in the fourth quarter, according to financial disclosures. Of that, $3.4 billion was tied to Canadian exploration and production, including $1.2 billion directly linked to Western Canada Select oil. Bank of Nova Scotia and Bank of Montreal have the highest direct 38

November 8, 2018 8:24 PM Energy companies roll out production cuts along with third-quarter results

Analysts estimate as much as 100,000 barrels per day is being taken offline, not enough to make a big difference in pricing as it represents only a small percentage of Canada’s overall output of about 4.6 million barrels of oil per day. Athabasca Oil Corp. says it is dialling back production at its two steam-driven oilsands projects in northern Alberta 43

October 5, 2018 1:30 PM Feds on track to impose carbon price on growing number of provinces on Jan. 1

Newfoundland hasn’t made public its plan. Nova Scotia has a cap-and-trade regime on its big industrial emitters and it’s not clear yet if that will meet Ottawa’s requirement for a broad-based carbon price. Alberta will be fine for Jan. 1 but Premier Rachel Notley is no longer committing to raising her province’s carbon price in line with federal requirements 39

September 14, 2018 6:09 PM Ontario outlines arguments in lawsuit against federal carbon tax plan

The Ontario government says it has taken the next step in its legal challenge against the federal government’s carbon tax plan. Environment Minister Rod Phillips says the government has filed a statement in court outlining its arguments that Ottawa’s carbon pricing plan is unconstitutional. The province argues the federal government does not have the power 38

June 12, 2018 9:38 PM AT&T wins court approval to buy Time Warner over Trump opposition

Deal is seen as turning point for industry upended by companies like Netflix AT&T won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion US, dealing a blow to U.S. President Donald Trump's administration which tried to block the deal and likely setting off a wave of corporate mergers. The planned deal, approved without conditions 68

June 8, 2018 2:00 PM Trump keeps up Twitter salvos at Trudeau and supply management as he arrives at G7

U.S. president says Canada's protection of dairy farmers killing U.S. agricultural interests U.S. President Donald Trump has arrived for the G7 meeting in Quebec, where he faces the prospect of an awkward encounter with host Prime Minister Justin Trudeau — a leader he has spent the better part of the last 24 hours attacking on Twitter as an economic 40