National News

NEW YORK (AP) — The U.S. increasingly relies on Canadian crude oil to meet domestic demand and that relationship faces potential strain amid the threat of tariffs from President-elect Donald Trump. More than 50% of crude oil imported to the U.S. comes from Canada, up from 33% in 2013. The increase follows a jump in production from […]

The federal government has pushed its target to achieve a net-zero electricity grid back 15 years to 2050 as part of new clean electricity regulations announced Tuesday — though officials maintain that target date was always the goal. Canada had previously signalled an aim to fully decarbonize electricity grids by 2035. But some provinces, namely […]

Finance Minister Chrystia Freeland has resigned from cabinet, the day she is set to present the fall economic statement.  In a resignation letter, she says Prime Minister Justin Trudeau offered her another role in cabinet Friday, but that the only “honest and viable path” is to leave cabinet.  Freeland says for the past several weeks […]

Canadian Oil Majors Forecast Higher Production in 2025 Amid Demand Optimism and Policy Uncertainty Canadian oil giants Suncor, Cenovus, and Imperial Oil each released corporate guidance on December 12. The companies are taking a bullish stance on 2025, forecasting production increases despite looming policy and potential trade challenges. Suncor outlines plans to boost production to […]

The Liberals’ fall economic statement Monday is expected to show a larger-than-promised deficit and offer details on how the government will tackle the threat of U.S. tariffs ahead of Donald Trump’s inauguration in the new year. A senior government official said the fiscal update will include measures to incentivize business investment in Canada. The source, […]

Federal Labour Minister Steven MacKinnon says he is “calling a timeout” in the Canada Post strike, and asking the Canada Industrial Relations Board to send about 55,000 employees back to work. Mackinnon says the Crown corporation and the Canadian Union of Postal Workers are at an impasse after a nearly month-long work stoppage, and negotiations […]

Alberta Creates Interdiction Patrol Team to Secure U.S. Border Alberta is launching a specialized law enforcement unit to enhance security and crack down on illegal activities along its nearly 300-kilometre border with the United States. The Interdiction Patrol Team (IPT), established within the Alberta Sheriffs, will target drug smuggling, gun trafficking, and illegal border crossings. […]

The Bank of Canada lowered its key interest rate by half a percentage point today but signalled a slower pace of rate cuts moving forward. The decision marked the fifth consecutive reduction since June and brings the central bank’s key rate down to 3.25 per cent. Forecasters were widely expecting the jumbo interest rate cut after the November labour force survey […]

REGINA – The Government of Saskatchewan’s Crown oil and natural gas public offering, held on Dec. 3, raised $11,392,502 for the province, with the southeast region generating most of the revenue. Of the 56 parcels in Saskatchewan posted for this offering, 51 received acceptable bids, covering a total of 13,561.384 hectares. The southeast brought in $8,088,540 for […]

REGINA – The Sask Party government has once again introduced legislation that is in line with commitments made in the Speech from the Throne. There were three sets of legislative amendments introduced Wednesday. The first are to The Safer Communities and Neighbourhoods (SCAN) Act. Minister of Justice and Attorney General Tim McLeod took to social media to outline […]