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Teck reviewing alternatives for steelmaking coal business

Teck reviewing alternatives for steelmaking coal business

VANCOUVER — Teck Resources Ltd. says it's evaluating alternatives for its steelmaking coal business, including the possible spin-out of an interest in that business to its shareholders.
Cenovus CEO Pourbaix to step down, become executive chair; Jon McKenzie to be new CEO

Cenovus CEO Pourbaix to step down, become executive chair; Jon McKenzie to be new CEO

CALGARY — Cenovus Energy Inc. says chief executive Alex Pourbaix will become executive chair later this year, while chief operating officer Jon McKenzie will become chief executive.
Oppose Canada's 'xenophobic' foreign property tax, U.S. critics urge Biden admin

Oppose Canada's 'xenophobic' foreign property tax, U.S. critics urge Biden admin

WASHINGTON — A New York congressman wants to enlist the U.S. secretary of state to oppose what he calls Ottawa's "discriminatory" campaign against foreign property owners. Rep.
Korea, Japan want Canadian LNG – can Canada deliver?

Korea, Japan want Canadian LNG – can Canada deliver?

Japanese, Korean officials make the case for demand for Canadian energy
Average rent in Canada up 10.7% since last year: report

Average rent in Canada up 10.7% since last year: report

TORONTO — A new report says the average listed rent for all property types in Canada jumped by 10.7 per cent year-over-year in January, the ninth straight month of double-digit increases. The report from Rentals.
Experts react to January home sales, which dropped 37.1 per cent

Experts react to January home sales, which dropped 37.1 per cent

Canadian home sales were down 37.1 per cent in January compared with a year earlier, according to new figures from The Canadian Real Estate Association (CREA). It was the worst January for home sales since 2009.
Moving B.C. salmon farms from water to land costly, risky: study

Moving B.C. salmon farms from water to land costly, risky: study

Replacing current production from open-net salmon farms in B.C. with land-based systems would require at least $1.8 billion in investment, government subsidies and regulatory changes.
Opinion: It’s unclear why the BC NDP interfered in lawyers’ union drive – but it backfired

Opinion: It’s unclear why the BC NDP interfered in lawyers’ union drive – but it backfired

The B.C. government is having second thoughts about legislation to force its in-house lawyers into a union they didn’t choose, after the move kickstarted an uprising within organized labour.
High costs fail to dampen Canadian demand for travel insurance

High costs fail to dampen Canadian demand for travel insurance

Travel insurance soared by more than 1,000 per cent, year-over-year during the pandemic
West Vancouver man banned from B.C. markets after $1B penny stock fraud case in U.S.

West Vancouver man banned from B.C. markets after $1B penny stock fraud case in U.S.

Fred Sharp of West Vancouver was the 'mastermind' of securities fraud schemes involving over $1 billion worth of transactions, a U.S. court ruled.