Energy Prices
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Canadian travel plans will hold steady despite higher energy costs: surveyThe Business Development Bank of Canada report found Canadians are prioritizing domestic travel this year to save money, which could inject billions of dollars into the economy.ConsumerMay 13
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Alberta’s surging electricity costs helped fuel national inflation jump in July: StatsCanStatistics Canada notes Alberta's electricity costs are often volatile and were influenced by high summer demand.MoneyAug 15, 2023
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Exclusive: The feds bought a pipeline for $5B. How did the cost balloon to over $30B?How a pipeline project, purchased by the Trudeau government, went from an initial estimate of $5.4 billion to $30.9 billion, potentially leaving Canadian taxpayers on the hook.EconomyAug 9, 2023
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Regulator slows Trans Mountain proposal for higher shipping feesCanada's energy regulator says it won't rubber-stamp Trans Mountain's higher shipping fees. Those fees are needed to pay off the federally owned project's already ballooning debt.EconomyAug 8, 2023
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Shell profits double to record $40B as Ukraine war drives up energy pricesLondon-based Shell Plc posted adjusted earnings of $39.9 billion for 2022 in its financial results for the final three months of the year.WorldFeb 2, 2023
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Oilsands execs say nowhere to invest in green technology, despite record profitsThe federal government says it wants to see the oil and gas industry 'step up', especially after record profit years due to high energy prices.CanadaJan 25, 2023
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U.K. to dispatch 1,200 troops to fill in as ambulance drivers, border staff strikeThe British government said Sunday it will dispatch 1,200 troops to fill in for striking ambulance drivers and border staff as multiple public sector unions walk off the job.WorldDec 18, 2022
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Germany to invest additional 65B euros in new energy, inflation relief planGermany will invest an additional 65 billion euros (dollars) in a new round of measures aimed at easing the sting of inflation and high energy prices for consumers.WorldSep 4, 2022
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Energy prices soar in Britain. Can Canadians expect to pay more too?British residents are expected to see energy cost 80 per cent more come October. Will rising energy costs overseas have any spill over effects in Canada?ConsumerAug 31, 2022
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Great Britain faces 80% price hike in energy bills amid crisisThe energy increases are expected to push inflation above 10.1 per cent recorded in July and trigger a recession later this year, the Bank of England has predicted.WorldAug 26, 2022
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