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Canadian banks directed almost US$104-billion to oil and gas last year, report says
Canadian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual Banking on Climate Chaos report. Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan
Irving Oil owner Arthur Irving dead at 93
Arthur L. Irving, the second-born son of New Brunswick industrialist K.C. Irving, has died at 93 after a life spent growing the oil business that his father founded. Irving, then chairman of Irving Oil, takes to the podium during the grand opening of the Halifax Harbour Terminal in Dartmouth, N.S., Thursday, Oct. 20, 2016.
At midday: TSX moves higher on consumer staples boost
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 8.
Pembina Pipeline says potential Trans Mountain purchase not a priority
Workers lay pipe during construction of the Trans Mountain pipeline in Abbotsford, B.C., on Wednesday, May 3, 2023. THE CANADIAN PRESS/Darryl Dyck
Market movers: Stocks that saw action on Friday - and why
The Enbridge Terminal and Pipelines next to the Suncor Energy Refinery on August 23, 2023, in Sherwood Park, Alberta.
Crescent Point Energy reports first-quarter loss due to non-cash impairment charge
Crescent Point Energy, whose oil assets have include operations on Saskatchewan’s Bakken formation, is beginning a process to sell its Viking and Swan Hills assets in Saskatachewan and Alberta.
opinion
Canada has become the Toronto Maple Leafs
Tony Keller
The close: S&P 500 higher but TSX slips as traders await key U.S. inflation data
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 8, 2024. REUTERS/Brendan McDermid/File Photo

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