Canadian Prime Minister Stephen Harper is appealing to his European peers to stop EU plans to single out Alberta’s oil sands as a source of high-polluting energy as the country struggles to find new markets for its oil.
The U.S. Senate passed a $955 billion rewrite of agriculture law by an even larger margin than last year, sending it to the House of Representatives, where disagreements over food stamps and farm subsidies may complicate passage.
Gluskin Sheff & Associates Inc., the second-best performing publicly traded money manager in Canada this year, bought stakes in Suncor Energy Inc., Whitecap Resources Inc. and other oil providers as it focuses on high- yielding dividend stocks.
Growth prospects for smaller oil- sands producers including BlackPearl Resources Inc. and Southern Pacific Resource Corp. are fading as political wrangling over the Keystone XL pipeline and rising U.S. supply slow deals in the Canadian energy industry.
The U.S. Senate voted to let states require out-of-state Internet retailers and catalog companies to collect sales taxes, a victory for brick-and-mortar businesses that have been lobbying on the proposal for more than a decade.
Two U.S. senators introduced a bill today to let the Federal Aviation Administration use airport- improvement funds to pay air-traffic controllers, as efforts accelerated to end flight delays caused by forced budget cuts.