Enbridge Inc.’s Northern Gateway, a pipeline proposed to link rising Canadian oil production with Asian markets, hit another snag after residents in the port of Kitimat voted against the $5.9 billion project.
Suez Environnement, Europe’s second- largest water company, said its Sena waste services subsidiary was awarded a five-year contract by Edmonton to operate and maintain a city facility capable of processing 55,000 tons of co-mingled recycled materials a year.
The worst showing by Canadian hockey teams in 41 years isn’t just a downer for fans. It means lost revenue for BCE Inc. and other media companies that are spending at least C$6.5 billion ($5.9 billion) on teams and broadcast rights to profit from the country’s national obsession.
Canada’s pension funds are looking to increase investment in electricity companies that will need to raise C$350 billion ($317 billion) for infrastructure financing by 2030, according to Jim Burpee, head of a national industry group.