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Quebec government doesn’t rule out buying SNC Lavalin shares, Legault says

BROMONT, Que.- Quebec Premier Francois Legault says his government isn’t ruling out buying shares in SNC-Lavalin in order to prevent the company from being sold or dismantled. Legault said Friday that all options are currently on the table when it comes to saving the troubled Montreal-based engineering giant and the ...

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Marten Falls First Nation and Aecon partner in solar

Marten Falls First Nation and Aecon announce strategic partnership to explore renewable energy solution Mar 14, 2019, 08:00 ET Press release THUNDER BAY, ON, March 14, 2019 – Marten Falls First Nation and Aecon Group Inc. (TSX:ARE) announced today that they have signed a Memorandum of Understanding (MOU), to explore a renewable energy pilot ...

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Coon seeks to boost renewable energy mix for municipalities and First Nations

FREDERICTON-The leader of New Brunswick’s Green party says municipalities and First Nations should be able to buy renewable power from locally owned companies. David Coon says NB Power’s monopoly over the electricity market is holding back development of a renewable energy industry. His comments come following a tour of the ...

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Court fight over access to Alton Gas site focuses on Indigenous rights

HALIFAX -An intense debate over Indigenous rights was part of a court hearing today for a Nova Scotia company that wants a judge to allow the RCMP to remove protesters camped on the firm’s property. The company, Alton Natural Gas Storage, is behind a plan to store natural gas in ...

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OECD concerned with allegations Trudeau interfered in SNC Lavalin case

OTTAWA- The international economic group that oversees a global anti-bribery convention says it’s monitoring the allegations that Prime Minister Justin Trudeau interfered in a criminal prosecution against SNC-Lavalin. The Organization for Economic Co-operation and Development says it is concerned by accusations that Trudeau and staff in his office tried to ...

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NewsAlert: Barrick and Newmont sign Nevada joint venture agreement

TORONTO- Barrick Gold Corp. is dropping its hostile takeover offer for Newmont Mining Corp. in favour of creating a joint-venture that will combine the two companies’ mining operations in Nevada. Under the deal, Barrick will hold a 61.5 per cent stake in the joint venture, while Newmont will own 38.5 ...

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Imperial Metals selling 70 per cent stake in Red Chris mine to Newcrest

VANCOUVER- Imperial Metals Corp. has signed a deal to sell a 70 per cent interest in its Red Chris copper and gold mine in B.C. to Australia’s Newcrest Mining Ltd. for US$806.5 million in cash. The company, which will retain a 30 per cent stake in the mine, will form ...

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Tourist development mulled at summit of Vancouver Island’s Malahat Drive 

VICTORIA- A BC tourism company is partnering with a Vancouver Island First Nation on a plan that could see a major development at the peak of the winding, steep and sometimes narrow route connecting the Greater Victoria area to the Cowichan Valley. The proposed Malahat Skywalk would be built at ...

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