Alberta is going in the "right direction'' with its plan to ease production curtailments for oil producers who add crude-by-rail capacity, the CEO of Imperial Oil Ltd.
An inquiry into British Columbia's high gas prices says there's an unexplained difference of 13 cents per litre between Metro Vancouver and Seattle that is costing drivers on the Canadian side of the border nearly $500 million a year.
Higher oil prices are expected to boost cash flow for the large Canadian crude producers as they roll out second-quarter results beginning next week, but analysts say the extra money is unlikely to be added to growth budgets.
Ottawa's approval of the Trans Mountain pipeline expansion pleased business leaders, but they say they will hold off on popping champagne corks until construction begins on new pipe from Edmonton to the West Coast.
Ontario plans to rip up an agreement with The Beer Store in order to allow the sale of beer and wine in corner stores, but the retailer has already signalled it will fight the move in the courts.
Following a long and successful career in the petroleum industry, President and CEO of CIPMA, Tricia Anderson, has decided to leave CIPMA effective June 30, 2017.
