Costco-style membership for hay aims to modernize handshake deals

Cindy Wilinski says 100 years ago if you needed to buy hay for your livestock you tracked down a local farmer, by phone or in person, made a deal and hoped the product was as good as advertised. She said nothing much has changed today, except now it might be purchased via an email or over text […]

Economic growth in Canada and the world is slowing, OECD says

The Organization for Economic Co-Operation and Development released new data on Monday that suggests Canada’s economic forecast has gotten progressively gloomier for almost a year, an outlook that it shares with most other major world economies. “In the United States and Germany, the tentative signs of easing growth that were flagged in last month’s assessment, have been […]

Lockout at one of Canada’s largest smelters drags into 2nd year, with no end in sight

A Discount mini-bus, escorted by several security guards, edges toward the makeshift checkpoint that guards the lone road in and out of the sprawling ABI aluminum smelter in Bécancour, Que. The bus’s path is blocked by a dozen picketers, who cup their hands to the tinted windows and try to identify the obscured figures inside. “There were scabs in there, […]

How China’s electric car push is shaking up oil markets

Hello, folks! This is our weekly newsletter on all things environmental, where we highlight trends and solutions that are moving us to a more sustainable world. (Sign up here to get it in your inbox every Thursday.) This is the first issue of 2019. The year ahead promises a lot of movement on the environmental front. Let’s dig in… […]

Fed will be patient with rate hikes, Jerome Powell says

Federal Reserve Chairman Jerome Powell says the central bank will be “patient and flexible” in determining when to hike interest rates. Speaking to an audience in Washington, Powell delivered a message of relief to stock market investors who have seen volatile swings up and down since last month, when the central bank raised the top end of […]

Biggest trend in new car technology? Super-sized screens

Take a glance at the vehicle displays shown at CES — the global technology conference going on in Las Vegas — and you could be forgiven for thinking you are at the movies. “This is not science fiction!” announced the head of Byton, an electric vehicle startup, onstage earlier this week. CEO and chairman Carsten Breitfeld was referring […]

Huawei’s CFO walks free on $10M bail as she awaits extradition proceedings

Huawei’s chief financial officer has been released on $10 million bail — with five guarantors — as she awaits possible extradition to the United States on fraud charges. Meng Wanzhou, 46, was granted bail after three days of hearings concluded on Tuesday afternoon. She exited through a side door at B.C. Supreme Court in downtown Vancouver around 8 p.m. […]

Via Rail places nearly $1B train order with German company instead of Bombardier

Via Rail has selected Germany’s Siemens over Bombardier Inc. for a $989-million contract to build new rolling stock as the Canadian passenger rail service renews its fleet of locomotives and cars for the rail corridor between Quebec City and Windsor, Ont. The company confirmed the contract, which will see trains built in California. Deliveries will begin […]

Husky ‘deeply sorry’ for oil spill last month off Newfoundland

Husky Energy said Monday it is “deeply sorry” for two back-to-back spills that sent a total of 250,000 litres of a oil, water and gas into the ocean last month, and said it is making changes to prevent it from happening again.  The two spills occurred within an hour of each other on Nov. 16, […]

Regulator halts fracking operations in northeastern B.C. while investigating earthquakes

The B.C. Oil and Gas Commission has shut down oilfield fracking operations for at least 30 days in northeastern British Columbia while it investigates earthquakes that occurred there on Nov. 29. The regulator says the seismic events, which measured between 3.4 and 4.5 magnitude, took place near hydraulic fracturing operations being conducted about 20 kilometres southeast of Fort St. […]