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PM hopes to attract billions in private capital for infrastructure projects + MORE Nov 14th
TORONTO – Justin Trudeau and nine members of his cabinet are in Toronto today to meet with some of the world’s most powerful institutional investors with trillions of dollars at their disposal.
The prime minister is hoping to persuade some two dozen representatives of large international.... More »
“A way to leapfrog”: AWS executive says regulated industries moving fastest on AI + MORE Jul 5th
As a wave of companies rush to embed artificial intelligence into their operations, Matt Wood has noticed the technology’s fastest adopters are businesses more typically described as slow to change.
Matt Wood, Amazon Web Services global VP of AI products (The Canadian Press / HO-Amazon Web Serv.... More »
Leaked NAFTA Draft Order Says Canada 'Exploits' American Industries - Huffington Post Canada Apr 29th
Huffington Post CanadaLeaked NAFTA Draft Order Says Canada 'Exploits' American IndustriesHuffington Post CanadaWASHINGTON — A published report says President Donald Trump planned to give Canada and Mexico five days notice that the U.S. intended to leave the North American Free Trade Agre.... More »
The best cash back credit cards in Canada for 2024 + MORE Sep 27th
Cash back credit cards are an extremely popular type of rewards card in Canada. Each cash back credit card has its own features and benefits, so you’ll want to compare the annual fee, earn rate and any additional benefits before you apply.
Credit card comparison tool
Compare your options wit.... More »
Adding 2 New Stocks To Stocks I Follow (SNAP, SHOP) + MORE Mar 17th
Today I’m happy to confirm that I’m adding 2 new stocks to the list of stocks that I follow:
Snapchat Inc (SNAP)
Shopify (SHOP)
Shopify (SHOP) is a Canadian based company that has a platform making it very easy for merchants to start selling their stuff online. That means making it eas.... More »
‘It sucks:’ Hardisty, town at start of Keystone XL, takes stock of rejection
– canadianbusiness.com
HARDISTY, Alta. – Lee Hayes and his coworker Dave Stuart have a blunt assessment of U.S. President Barack Obama’s rejection of the Keystone XL pipeline: “It sucks.”
The two 50-something men make their living maintaining equipment in the tiny, quiet town of Hardisty, Alta., where oilsands crude was to have begun its journey along Keystone XL.
“It creates a domino effect,” Hayes says of the blow to the US$8 billion project. “Plus, the price of oil is down right now.”
Stuart agrees the nixing of Keystone XL is particularly unwelcome when the price of oil is languishing below US$50 a barrel.
“It’s two strikes against you before you even get going,” he says.
Hardisty is the starting point of the existing Keystone system that has been shipping crude to the U.S. Midwest since 2010, Oklahoma since 2011 and the Gulf Coast since early 2014.
With the XL segment, pipeline builder TransCanada Corp. (TSX:TRP) was to have provided a more direct route for 830,000 barrels a day to get to the lucrative Gulf market, jutting diagonally from the Canada-U…
The two 50-something men make their living maintaining equipment in the tiny, quiet town of Hardisty, Alta., where oilsands crude was to have begun its journey along Keystone XL.
“It creates a domino effect,” Hayes says of the blow to the US$8 billion project. “Plus, the price of oil is down right now.”
Stuart agrees the nixing of Keystone XL is particularly unwelcome when the price of oil is languishing below US$50 a barrel.
“It’s two strikes against you before you even get going,” he says.
Hardisty is the starting point of the existing Keystone system that has been shipping crude to the U.S. Midwest since 2010, Oklahoma since 2011 and the Gulf Coast since early 2014.
With the XL segment, pipeline builder TransCanada Corp. (TSX:TRP) was to have provided a more direct route for 830,000 barrels a day to get to the lucrative Gulf market, jutting diagonally from the Canada-U…
