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Study finds Alta quotas successfully boosted crude prices, warns of lingering effects

Study finds Alta quotas successfully boosted crude prices, warns of lingering effects

CALGARY — An oil curtailment system set in place by the Alberta NDP in early 2019 and continued by the United Conservative Party government was successful in controlling oil output and boosting local crude prices, according to a new study.
AP Interview: EPA head removes Trump-era science advisers

AP Interview: EPA head removes Trump-era science advisers

WASHINGTON — In a move he said would help restore “scientific integrity,” the new head of the Environmental Protection Agency is removing dozens of scientists and other experts from key advisory boards named under President Donald Trump, saying they
New York is latest state to legalize recreational marijuana

New York is latest state to legalize recreational marijuana

New York adults over the age of 21 can now possess and use marijuana — even in public — under a legalization bill signed Wednesday by Gov.
Wisconsin Supreme Court strikes down governor's mask mandate

Wisconsin Supreme Court strikes down governor's mask mandate

MADISON, Wis. — The Wisconsin Supreme Court struck down Democratic Gov.
Better-than-expected Jan. growth a good sign for pandemic's third wave: economists

Better-than-expected Jan. growth a good sign for pandemic's third wave: economists

OTTAWA — The Canadian economy grew 0.7 per cent in January in the face of severe public health restrictions, and appears to have grown almost as much in February, Statistics Canada said Wednesday.
Most Canadians want to keep inflation-targeting regime, Bank of Canada report says

Most Canadians want to keep inflation-targeting regime, Bank of Canada report says

OTTAWA — Bank of Canada governor Tiff Macklem says different groups of Canadians experience price increases uniquely, and that the central bank will keep that in mind as it decides on a policy framework for the next five years.
Pfizer says its COVID-19 vaccine protects younger teens

Pfizer says its COVID-19 vaccine protects younger teens

Pfizer announced Wednesday that its COVID-19 vaccine is safe and strongly protective in kids as young as 12, a step toward possibly beginning shots in this age group before they head back to school in the fall.
Deliveroo shares slump in UK IPO as investors lose appetite

Deliveroo shares slump in UK IPO as investors lose appetite

LONDON — Shares of app-based meal delivery service Deliveroo, which saw its business boosted by pandemic lockdowns, tumbled by as much as a third in their U.K. stock market debut on Wednesday.
Bonterra Energy CEO says end of takeover battle with Obsidian comes as a relief

Bonterra Energy CEO says end of takeover battle with Obsidian comes as a relief

CALGARY — The chairman and CEO of Bonterra Energy Corp. says he's relieved that rival Obsidian Energy Ltd. ended its hostile takeover campaign this week after seven months of trying to persuade investors to accept a share-swap deal.
Dollarama expands plans to grow stores across Canada as profits slip amid pandemic

Dollarama expands plans to grow stores across Canada as profits slip amid pandemic

MONTREAL — Dollarama Inc. remained bullish on the future of the discount chain in Canada even as its profits slipped amid higher costs and restrictions related to the pandemic in its latest quarter.