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Resources & Agriculture

Enbridge to purchase U.S. renewable gas facilities for US$1.2 billion

Enbridge to purchase U.S. renewable gas facilities for US$1.2 billion

CALGARY — Canadian pipeline giant Enbridge Inc. has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2 billion.
Vancouver-based Canfor posts $65M loss in Q3

Vancouver-based Canfor posts $65M loss in Q3

Lower global pulp prices dragging Canfor income into the red
TransAlta buying Heartland in deal worth $658 million including assumed debt

TransAlta buying Heartland in deal worth $658 million including assumed debt

CALGARY — TransAlta Corp. has signed a deal to buy Heartland Generation Ltd. and its power generation business in Alberta and sa¹ú¼Ê´«Ã½ in a deal valued at $658 million, including assumed debt.
Parkland Corp. delivers strong quarter in wake of activist investor push

Parkland Corp. delivers strong quarter in wake of activist investor push

CALGARY — Less than 12 months after an activist investor critiqued its performance, fuel retailer Parkland Corp. has doubled its third quarter profit and announced it will exceed its previously announced earnings guidance for 2023.
Parkland Corp. delivers strong quarter in wake of activist investor push

Parkland Corp. delivers strong quarter in wake of activist investor push

CALGARY — Less than 12 months after an activist investor critiqued its performance, fuel retailer Parkland Corp. has doubled its third quarter profit and announced it will exceed its previously announced earnings guidance for 2023.
U.S. housing demand expected to drive lumber prices higher in 2024

U.S. housing demand expected to drive lumber prices higher in 2024

The expected improvement in prices will help sa¹ú¼Ê´«Ã½ sawmills handle high operating costs
Northern sa¹ú¼Ê´«Ã½ pipeline connector recommended for approval

Northern sa¹ú¼Ê´«Ã½ pipeline connector recommended for approval

The proposed 215 km pipeline would be located 25 km northwest of Wonowon, sa¹ú¼Ê´«Ã½, connecting to a site in the Gordondale area of Alberta, just east of the sa¹ú¼Ê´«Ã½ and Alberta border.
Nutrien sees earnings drop in third quarter as lower selling prices take a toll

Nutrien sees earnings drop in third quarter as lower selling prices take a toll

SASKATOON — Nutrien Ltd. says it earned US$82 million in the third quarter, down from US$1.6 billion a year earlier. The Saskatoon-based company, which is the world's largest fertilizer producer, says sales were US$5.
Labour shortages cost Canadian agriculture sector $3.5 billion in 2022: research

Labour shortages cost Canadian agriculture sector $3.5 billion in 2022: research

OTTAWA — The Canadian Agricultural Human Resource Council says labour shortages cost the agriculture sector $3.5 billion in sales in 2022. Research by the Conference Board of sa¹ú¼Ê´«Ã½ on behalf of the council found the sector has a vacancy rate of 7.
Canadian Dairy Commission delays farmgate milk price hike by three months

Canadian Dairy Commission delays farmgate milk price hike by three months

OTTAWA — The Canadian Dairy Commission is delaying a planned increase to the farmgate price of milk by three months as the food industry grapples with pressure to stabilize food prices. On Wednesday, the dairy commission said an increase of 1.