Wildfires continue to rage across western Canada, posing significant threats to infrastructure and communities. In Alberta, the flames have reached Jasper, a popular tourist town, forcing the evacuation of 25,000 residents. The wildfires have also …
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Bunge-Viterra Merger Nears EU Approval, But Faces Hurdles Elsewhere
The $34 billion merger between U.S. grains merchant Bunge and Glencore-backed Viterra is on track for conditional approval from the European Union, according to a source with direct knowledge of the matter. The deal, announced …
Continue readingKeystone XL Pipeline Claim Dismissed by US Tribunal: TC Energy Loses $15 Billion Bid
TC Energy, a Canadian pipeline company, has suffered a major setback in its attempt to recover billions of dollars from the US government for the cancellation of the Keystone XL pipeline project. A free trade …
Continue readingCanada Approves Glencore’s $6.93 Billion Takeover of Teck Coal Unit with Strict Conditions
The Canadian government has approved Glencore’s $6.93 billion acquisition of Teck Resources’ steelmaking coal unit, with stringent conditions to protect jobs and Canadian interests. Industry Minister François-Philippe Champagne announced the approval on Thursday, emphasizing the …
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