Gas Tax Cut Impact on Airfare: Airlines Respond
As the federal government suspends the gas tax, Canadian airlines discuss whether this will lead to lower airfares for passengers, citing operational complexities.
Category : Energy Sector
Winnipeg-Manitoba Trade Corridor in Premier-PM Talks
Prime Minister Mark Carney and Manitoba Premier Wab Kinew met on Parliament Hill, discussing the Winnipeg-Manitoba trade corridor and other key issues amid federal gas tax changes.
Alberta Pipeline Priorities Unchanged Under Federal Liberal Majority
Alberta's cabinet asserts that its pipeline priorities remain unchanged following the federal Liberal majority, emphasizing provincial energy strategy continuity.
Cenovus CEO Hopeful on Carbon Capture Project Agreement
Cenovus Energy CEO Jon McKenzie expresses hope for a pivotal carbon capture deal between Ottawa, Alberta, and oilsands producers, despite negotiations extending past the initial April 1 deadline.
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Alberta Keeps Gas Tax Formula Amid Federal Cut
The Alberta government is sticking to its established gas tax formula despite Ottawa's announcement of a temporary suspension. Prime Minister Mark Carney's measure aims to reduce fuel costs for Canadians.
Point Lepreau Nuclear Plant Outage Extended to August
NB Power announces the planned maintenance outage at the Point Lepreau Nuclear Generating Station will continue until August, impacting energy operations in New Brunswick.
Alberta Bill Sets 120-Day Approval for Major Projects
The Alberta government has introduced legislation establishing a strict 120-day approval timeline for major projects, aiming to streamline processes and boost economic development.
Alberta's 120-Day Fast-Track Project Legislation Unveiled
The Alberta government has introduced Bill 30, the Expedited 120-Day Approvals Act, which establishes a streamlined process for major project approvals. Qualified projects meeting specific criteria could receive regulatory decisions within 120 days.
China's Energy Resilience Strategy: A Lesson for Canada
China's strategic approach to energy security through reserves, diversification, and renewables provides valuable insights for Canada's energy export strategy and market diversification efforts.
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Canadian Firm Targets Arctic After Artemis Space Tech
Advantech Wireless Technologies, having supported NASA's Artemis astronauts, now plans to adapt its communication systems for Arctic applications, enhancing connectivity in remote northern regions.
NB Power Rates Rise 4.29% in Energy Board Final Decision
The New Brunswick Energy and Utilities Board has approved a 4.29% increase in power rates, impacting residents and businesses across the province starting April 2026.
Ex-EfficiencyOne CEO Named Nova Scotia Deputy Energy Minister
Stephen MacDonald, former CEO of EfficiencyOne, has been appointed as Nova Scotia's deputy energy minister, bringing expertise in energy efficiency to the provincial government role.
ACORN Points to Soaring Electricity Costs in Nova Scotia
ACORN, a community advocacy group, is calling for urgent action as electricity costs in Nova Scotia skyrocket, citing affordability crises and demanding policy changes to protect residents.
Canada Suspends Federal Fuel Taxes to Combat Rising Gas Prices
The Canadian government announces a temporary suspension of excise taxes on gasoline, diesel, and aviation fuel from April 20 to Labour Day, aiming to provide relief amid global price spikes.
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Carney Suspends Gas Tax as Iran War Drives Up Energy Costs
Prime Minister Mark Carney announces a temporary suspension of fuel excise taxes until Labour Day, responding to 45% gas price increases in 2026 driven by the Iran conflict. This marks the second tax relief measure this year to address consumer cost press
Iran War Jet Fuel Shock Worsens Global Airline Crisis
Escalating tensions in Iran have triggered a severe jet fuel price surge, exacerbating operational challenges for airlines worldwide amid supply chain disruptions.
Cocoa Price Crash Spurs Hope for Cheaper Candy and Demand Recovery
The dramatic collapse in cocoa futures is fueling optimism that cheaper beans will flow through supply chains, potentially lowering candy prices. Companies are still adjusting after a historic 2024 rally reshaped the chocolate industry.
Diesel Prices Drop Nearly Six Cents on P.E.I.
Prince Edward Island sees a significant drop in diesel fuel prices, with costs decreasing by nearly six cents per liter. This change brings relief to consumers and businesses across the island.
Geopolitical Tensions Frame Canadian Oil and Gas Conference
Amidst ongoing Middle East conflicts and domestic pipeline advancements, Canada's oil and gas sector gathers to discuss investment strategies and future prospects in a volatile global market.
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U.S. Blockade at Strait of Hormuz: Global Economic Impact
Analysis of potential U.S. naval blockade near the Strait of Hormuz, examining operational logistics and severe consequences for worldwide oil markets and economic stability.
Winnipeg Conference on Energy Independence and Collaboration
The Grid Strong, Nation Strong conference in Winnipeg featured discussions on achieving energy independence through regional collaboration and infrastructure investments.
NS Power Improves Outage Time, Still Above Target
A new report reveals Nova Scotia Power has shortened average power outage durations, yet remains above its regulatory target, highlighting ongoing reliability challenges.
Oil Above $100, Stocks Steady on Iran Talks
Global oil prices have climbed above $100 per barrel, while U.S. stock markets show resilience, buoyed by optimism over potential diplomatic negotiations between the United States and Iran.
Chevron, Shell to Sign Venezuela Oil and Gas Agreements
Energy giants Chevron and Shell are reportedly finalizing agreements to develop oil and gas areas in Venezuela, marking a significant expansion in the region amid evolving global energy dynamics.
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Oil Hits Record $150 as Strait of Hormuz Crisis Worsens
Physical oil prices have soared to a record high near $150 per barrel due to escalating tensions in the Strait of Hormuz, impacting global markets and supply chains.
Oil Above $100 After Failed U.S.-Iran Talks, Stocks Steady
Crude oil prices climbed back above the $100 per barrel threshold following the collapse of diplomatic talks between the United States and Iran. Despite the geopolitical tension, U.S. equity markets demonstrated notable stability.
Iran Aims for Refinery Recovery Within Two Months
Iran's oil ministry announces plans to restore most refining capacity within two months following an incident at the Abadan facility, amid global oil price volatility.
Oil Tops $100 Amid U.S. Blockade Plans for Iran
Global oil prices have surged above $100 per barrel as the United States prepares a blockade of Iranian ports and the Strait of Hormuz, a critical chokepoint for global energy supplies.
BP Buys Interest in Three Offshore Namibia Blocks
BP is acquiring stakes in three offshore exploration blocks in Namibia, signaling a renewed focus on oil and gas amid global energy market shifts.
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Oil Jumps Above $102 on U.S. Iran Blockade
Global oil prices have surged dramatically, climbing more than 7% to surpass US$102 per barrel. This sharp increase is directly attributed to market anticipation of an impending U.S. blockade on Iran, which threatens to disrupt global crude supplies signi
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