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S&P Global revises oilsands outlook upward despite crude market volatility

S&P Global revises oilsands outlook upward despite crude market volatility

CALGARY — Oilsands output is forecast to hit a new record this year and add another half a million barrels a day from last year's levels by 2030 despite global crude price uncertainty, S&P Global Commodity Insights says in a new report.
Review of fossil fuel subsidies stalls as Argentina ceases communication with Canada

Review of fossil fuel subsidies stalls as Argentina ceases communication with Canada

OTTAWA — A peer review of fossil fuel subsidies between Canada and Argentina — already years behind schedule — stalled after Argentina ceased communication following its 2023 election and change in government.
EQB chief executive Andrew Moor, who took on Canada's big banks, dies at 65

EQB chief executive Andrew Moor, who took on Canada's big banks, dies at 65

TORONTO — Andrew Moor, who grew EQB Inc. into Canada's seventh-largest bank during his nearly two-decade tenure at the helm and pushed for more innovation in the financial sector, has died.
Nova Scotia to fund Mi'kmaq-led climate change action on Cape Breton

Nova Scotia to fund Mi'kmaq-led climate change action on Cape Breton

The Nova Scotia government is giving the Unama’ki Institute of Natural Resources in Cape Breton $893,000 to fund Mi’kmaq-led climate change adaptation work.
Americans sour on US economy and anxiety over tariffs remains the chief culprit

Americans sour on US economy and anxiety over tariffs remains the chief culprit

WASHINGTON (AP) — Americans’ view of the U.S. economy worsened in June, resuming a downward slide that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago.
Powell says Fed can wait to reduce interest rates as Trump demands cuts

Powell says Fed can wait to reduce interest rates as Trump demands cuts

WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump’s calls for i
NTSB Chair says systemic failures led to door plug flying off Boeing 737 Max plane midflight

NTSB Chair says systemic failures led to door plug flying off Boeing 737 Max plane midflight

National Transportation Safety Board Chair Jennifer Homendy said Tuesday that the heroic actions of the crew aboard Alaska Airlines flight 1282 ensured everyone survived the terrifying incident last year when the door plug panel flew off the plane sh
Tech execs say building up tech ecosystem means resisting allure of U.S., acquisition

Tech execs say building up tech ecosystem means resisting allure of U.S., acquisition

TORONTO — A trio of the biggest names in tech say they resisted the allure of the U.S. — and cash-rich businesses that saw them as an acquisition target — and hope the next generation of Canadian entrepreneurs will do the same. Shopify Inc.
Canada's first beach cleaning robot is coming to Ontario parks this summer

Canada's first beach cleaning robot is coming to Ontario parks this summer

SUTTON WEST — Don’t be alarmed if you see a Zamboni-like rover roaming Ontario's shores this summer – it’s a beach cleaning robot being tested in some provincial parks.
Want your money to have a positive impact? What to know about ESG investing

Want your money to have a positive impact? What to know about ESG investing

Investing in funds that align with your values such as supporting companies fighting climate change is much more accessible today, but experts say it takes research and diligence to determine if your money is actually working for a good cause.