Commodities

Stocks struggle ahead of US Federal Reserve decision – business live | Business

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, and business. Stock markets continue to struggle amid worries about an increase in Covid-19 infections and the global economic recovery, ahead of the US Federal Reserve’s monthly decision later today. Asian markets were mostly down, with Japan’s Nikkei losing 1.1% …

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‘They’ve basically all gone away, haven’t they?’: After Buffett’s LNG exit, industry watchers wonder who’s left to invest in Canada

A day after legendary investor Warren Buffett’s Berkshire Hathaway abandoned an investment in GNL Quebec’s $9-billion Energie Saguenay liquefied natural gas project, frustrated investors and analysts are wondering if there’s anyone left to invest in LNG in Canada — or anything else, for that matter. “They’ve basically all gone away, haven’t they?” said Cameron Gingrich, …

‘They’ve basically all gone away, haven’t they?’: After Buffett’s LNG exit, industry watchers wonder who’s left to invest in Canada Read More »

B.C.’s Supreme court rules for $6.6-billion Coastal GasLink pipeline, against Indigenous law

CALGARY – The Supreme Court of British Columbia has ruled that Indigenous law is not necessarily Canadian law in a decision that will enable more construction work on the $6.6-billion Coastal GasLink pipeline despite some First Nations opposition. B.C. Supreme Court Justice Marguerite Church ruled Tuesday that Coastal GasLink has suffered irreparable harm after protestors …

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Enbridge Inc plan to grow in the age of pipeline opposition

CALGARY — At a time when building new pipelines has become increasingly challenging, North America’s largest pipeline company is looking to low-risk, conservative projects for growth. “We’ve adapted to this environment… It’s not just about growth, we’re focused on expansion, extension and optimization of the existing base, which will be very capital efficient,” Enbridge Inc …

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