News
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‘Oil is going to move:’ Calls for pipelines after fiery train derailment
GUERNSEY, Sask. – The reeve of a Saskatchewan municipality where a second fiery train derailment has occurred in less than two months says it’s time for the federal government to look more seriously at pipelines to move oil. Jack Gibney…
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Nova Scotia mines minister says safety a priority after rockfall at Donkin Mine
HALIFAX – Nova Scotia’s minister of energy and mines says the province is working to ensure the safety of the Donkin Mine in Cape Breton following a recent rockfall. Derek Mombourquette says the Labour Department is following up with investigators…
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Boeing gets good and bad news on its grounded 737 Max plane
(AP) LONDON – Boeing has found a new problem with changes it is making to software on the 737 Max, but the company says the issue will not further delay the grounded plane’s return to flight. The head of the…
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Suncor Energy posts $2.3B loss as it writes down oilsands and offshore assets
CALGARY – Suncor Energy Inc. is reporting a net loss of $2.3 billion for the fourth quarter of 2019 due mainly to asset impairment charges of $3.3 billion. The Calgary company says about $2.8 billion of the charges are related…
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Air Canada plane lands safely in Madrid after tire rupture, engine issue
A Toronto-bound Air Canada plane made an emergency landing at Madrid’s international airport on Monday after pilots reported an engine problem and tire rupture shortly after takeoff. The Boeing 767-300 carrying 128 passengers and eight crew touched down safely after…
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Mosaic Company laying off more staff at Colonsay, Sask., potash mine
COLONSAY, Sask. – The Mosaic Company says it is laying off more staff as it idles its Colonsay potash mine north of Regina. Mosaic spokeswoman Sarah Fedorchuk says the decision will affect about 80 employees. In August, the fertilizer giant…
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In grinding manufacturing slump, 3M cuts another 1,500 jobs
(AP) A profound slump in manufacturing and a trade war that has slowed economic growth in China has led to a second round of layoffs at 3M, the Minnesota company that makes Post-it notes as well as industrial coatings and…
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LA fire revives push for sprinklers in older high rises
(AP) LOS ANGELES – Residents displaced when flames tore through a 1960s-era Los Angeles apartment tower and injured 13 people this week are wondering why the management company didn’t install sprinklers after another destructive blaze seven years ago. City officials…
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Imperial Oil takes crude by rail shipments to 100,000 bpd as differentials widen
CALGARY – Imperial Oil Ltd. has ramped up crude-by-rail shipments to more than 100,000 barrels per day from zero in October and plans to continue to add railcars as profitability of the transportation option strengthens. Earlier this week, rival oilsands…
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Mining firm Teck Resources sets target to be ‘carbon neutral’ by 2050
The Vancouver-based mining company proposing to build the massive Frontier oilsands mine in northeastern Alberta has set a target to be “carbon neutral” by 2050. Teck Resources Ltd., which is awaiting a decision from the federal government on Frontier expected…
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Survey: U.S. factories expand for first time since July
(AP) WASHINGTON – U.S. factories expanded unexpectedly last month, snapping a five-month losing streak. The Insitute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 50.9 in January from 47.8 in December. Anything…
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Dow to build Alberta ethylene plant expansion for more than US$200 million
CALGARY – U.S. chemical producer Dow Inc. has approved an expansion of its Alberta petrochemical facilities expected to cost between US$200 million and US$225 million. While releasing its fourth-quarter results this week, CEO Jim Fitterling announced the Michigan-based company will…
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Trump signs off on USMCA, shifting focus, pressure back to House of Commons
WASHINGTON – President Donald Trump finally signed NAFTA’s death warrant Wednesday, his distinctive Sharpie scrawl on the American road map for the U.S.-Mexico-Canada Agreement heralding the start of a new era of managed continental trade and what could be an…
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Houston mayor, others help residents after deadly blast
Houston’s mayor and others say they will work to provide assistance to residents whose homes were damaged after a massive explosion at a warehouse that killed two workers and injured 20 others. Mayor Sylvester Turner on Saturday walked through the…
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Anger, drama fuel meeting on mounting issues with Ottawa light rail system
Ottawa city hall’s top bureaucrat has told elected officials that he’s ready to take the blame if councillors want someone’s head to roll over ongoing troubles with the city’s light-rail system. Steve Kanellakos’s opening remarks at an emergency meeting of…
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Amtrak train hits maintenance truck; 6 are slightly injured
(AP) NEWINGTON, Conn. _ An Amtrak train collided Friday with a maintenance truck working on the tracks in Connecticut, resulting in minor injuries to six people on the train, officials said. Two workers were inside the truck when they saw…
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Statistics Canada says manufacturing sales down 0.6 per cent in November
OTTAWA – Canadian manufacturing sales fell more than expected in November as sales in the primary metal, chemical and food industries moved lower, offset in part by gains in the transportation and fabricated metal industries. Statistics Canada says the value…
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Grounded Boeing jet holds back profits, growth at airlines
DALLAS – The three big U.S. airlines that own Boeing 737 Max jets don’t expect the grounded plane back in their fleets until after the the peak summer travel season, and that promises to lead to thousands more cancelled flights…
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Mega Bloks to lay off nearly 580 as it moves to close Montreal toy factory
MONTREAL – Mattel Inc. says the Mega Bloks toy factory it acquired in 2014 will shut down next year, triggering 580 layoffs in Montreal. Mattel says production of the interlocking plastic bricks for children will be outsourced to facilities in…
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India, Brazil agree to boost ties in IT, biofuel and mining
NEW DELHI – India and Brazil on Saturday agreed to boost trade and investment across a range of fields such as defence, mining, biofuel, cybersecurity, food, the environment and health. India’s Prime Minister Narendra Modi lauded Brazil as “a valuable…
