Canadian Pacific moving more grain

Railway plans to spend more than $1.55 billion in capital investments in 2018

Canadian Pacific moving more grainCanadian Pacific railway announced on Monday that it moved 25.8 million tonnes of Western Canadian grain and grain products, soybeans and other non-regulated principal field crops during the 2017-2018 crop year, up one per cent over the 2016-2017 crop-year and one per cent above its three-year average. It also said that September 2017 was CP's…

Alberta sends bulk of crude oil to pipelines in Canada

Pipelines delivered 7.4 million cubic metres of crude oil to Canadian refineries in June, up 3.2% over last year

Alberta sends bulk of crude oil to pipelines in CanadaPipelines in Canada received 20.8 million cubic metres of crude oil and equivalent products from fields and plants in June, up 4.5 per cent compared with the same month in 2017, according to Statistics Canada. The federal agency reported 0n Monday that the vast majority of product came from Alberta at 86.4 per cent of…

Canadian oil production on the upswing

Alberta (80.9%), Saskatchewan (10.7%) and Newfoundland and Labrador (5.9%) accounted for the vast majority of Canadian production of crude oil and equivalent products

Canadian oil production on the upswingCanada produced 21.8 million cubic metres (137.3 million barrels) of crude oil and equivalent products in May, up 13.5 per cent from the same month a year earlier, according to Statistics Canada. The federal agency said on Monday that non-upgraded production of crude bitumen (+22.8 per cent) was the main driver for the increase of…

Canada’s oil and gas industry faces dramatic shift

A new report by PetroLMI, a division of Energy Safety Canada, details the changing face of the energy workforce

Canada’s oil and gas industry faces dramatic shiftCanada’s oil and gas industry has undergone a significant transformation in the past decade. And as the industry has adjusted to the ups and downs of the economy, there were corresponding shifts in the distribution of the industry’s workforce and the daily experiences of those workers, says a new report by PetroLMI, a division of…

Sask’s Thunderchild First Nation invests $8 million with Westleaf Cannabis

Westleaf plans about 175,000 square feet devoted to production and manufacturing

Sask’s Thunderchild First Nation invests $8 million with Westleaf CannabisCalgary-based Westleaf Cannabis Inc. has received an $8-million investment from Saskatchewan’s Thunderchild First Nation. In a news release, the company said the investment makes Thunderchild the largest shareholder of Westleaf, and is accompanied by a seat being allocated to Chief Delbert Wapass on the company's board of directors. “Since its inception, Westleaf has firmly believed…

Oil prices expected to decline in the coming months

The latest forecast from Deloitte cites increased OPEC output and slipping international demand for oil

Oil prices expected to decline in the coming monthsGlobal oil prices are expected to recede in the coming months after reaching their highest values since 2014. The latest forecast from Deloitte’s Resource Evaluation and Advisory group says that as Organization of Petroleum Exporting Countries (OPEC) increase output and international demand for oil declines in the second half of the year, prices will fall. The…

Fire bans being enacted across the province

Bans issued in all provincial parks south of the Churchill River and municipalities across the province

Fire bans being enacted across the provinceCrossroads Staff The Saskatchewan government is putting fire bans in place at its provincial parks, and municipalities are also enacting fire bans due to the dry conditions. There is minimal precipitation in the forecast for the next several days, according to weather reports on Wednesday. The province has issued fire bans in all provincial parks…

Policy risk chases away investment: Brad Wall

Former Saskatchewan premier says government needs to send a strong signal that it intends to be competitive

Policy risk chases away investment: Brad WallFormer Saskatchewan premier Brad Wall recently joined Osler, Hoskin and Harcourt LLP as a special adviser to the firm and its clients. He is based in the firm’s Calgary office. Wall spoke with our Associate website Calgary's Business about politics and the economy. Calgary's Business: Why did you decide to choose this new position and what do you see are your…

Stakeholders comment on provincial budget

The roughly $14.6-million budget has a deficit of more than $365 million, down from the $685-million deficit in 2017-18

Stakeholders comment on provincial budgetKenneth Brown of The Crossroads It has been two weeks since the Saskatchewan government released its provincial budget, and various stakeholders have shared their views of the document. The province’s finance minister, Donna Harpauer, announced the 2018-19 budget in Regina on April 10. The roughly $14.6 million budget has a deficit of more than $365…

Prairie proud with love and support

Tragedy has brought out the purest and best in the people of Saskatchewan and in Canadians

Prairie proud with love and supportJerry Seinfeld said, “You can tell what was the best year of your father’s life, because they seem to freeze that clothing style and ride it out.” Will Rogers said, “When you are dissatisfied and would like to go back to youth, think of algebra.” Human nature appears to have young people aspiring to be…