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Resources & Agriculture

Parkland Corp. posts first-quarter loss due to Burnaby refinery outage

Parkland Corp. posts first-quarter loss due to Burnaby refinery outage

CALGARY — Fuel retailer Parkland Corp. says it posted a net loss of $5 million in its first quarter as its financial results took a hit due to an unplanned shutdown at its Burnaby refinery.
Oil begins moving on $34B Trans Mountain pipeline expansion

Oil begins moving on $34B Trans Mountain pipeline expansion

CALGARY — Canada's energy sector as well as the country's main oil-producing province celebrated Wednesday as the long-awaited $34-billion Trans Mountain pipeline expansion officially came online. Crown corporation Trans Mountain Corp.
Trans Mountain tolling dispute could stretch into mid-2025: Cenovus

Trans Mountain tolling dispute could stretch into mid-2025: Cenovus

CALGARY — Cenovus Energy Inc. executives warn it could be well into next year before oil companies resolve their ongoing dispute with Trans Mountain Corp. over rising pipeline shipping fees.
Canfor buying lumber mill in Arkansas from Domtar affiliate for US$73 million

Canfor buying lumber mill in Arkansas from Domtar affiliate for US$73 million

VANCOUVER — Canfor Corp. says it has signed a deal with an affiliate of Domtar Corp. to buy its El Dorado lumber manufacturing facility in Arkansas for US$73 million. The facility in Union County, Ark.
AME wants a say in appeal of Mineral Tenure Act ruling

AME wants a say in appeal of Mineral Tenure Act ruling

B.C. Association for Mineral Exploration applies for intervener status in appeal
Trans Mountain pipeline expansion gets green light to open for May 1

Trans Mountain pipeline expansion gets green light to open for May 1

CALGARY — The long-awaited Trans Mountain pipeline expansion is complete and the Canada Energy Regulator has given the go-ahead for the project to open.
Electricity imports from U.S. topped exports in February amid drought: StatCan

Electricity imports from U.S. topped exports in February amid drought: StatCan

For the first time in eight years, Canada imported more electricity from the U.S. than it exported amid prolonged dry conditions that have reduced hydroelectric power generation. Statistics Canada says electricity generation in Canada totalled 53.
B.C. forestry company Teal Jones battling bankruptcy

B.C. forestry company Teal Jones battling bankruptcy

Low lumber prices, inflation, interest rates puts Surrey company in the red
B.C. winery focuses on Fraser Valley grapes post-cold snap

B.C. winery focuses on Fraser Valley grapes post-cold snap

A Fraser Valley winery expects to source fewer grapes from Okanagan growers who were hardest hit by January's cold snap.
Outlook for B.C.'s forestry sector in 2024 not so rosy

Outlook for B.C.'s forestry sector in 2024 not so rosy

B.C. lumber production down a 'whopping' 26.5 per cent in 2023.