Another offer has been received when it comes to the former Capital Pointe site in downtown Regina. A group called “Smith Street Lands Limited” is offering to buy the piece of land at Albert Street and Victoria Avenue for $2.8 million dollars which is $500,000 higher than the asking price. That group is made up […]
Cenovus Energy Inc. plans to increase its capital spending in 2020 compared with this year. The energy company says it plans to invest between $1.3 billion and $1.5 billion in 2020, up from between $1.1 billion and $1.2 billion in 2019. Cenovus says the increase is largely due to a deferral of spending this year […]
The federal government urged Canadian National Railway Co. and its striking workers to continue talks in what it believes would be the fastest way to resolve their dispute which has stopped freight trains across the country. “We believe that mediation, collective bargaining, is the right way to do this, we’ve looked at the situation and […]
Premier Scott Moe attempted to move an emergency motion in the legislative assembly on Thursday morning calling for immediate action to be taken to resolve the CN Rail strike. The motion that was subsequently blocked by the Official Opposition was worded as follows: That this Assembly call on the federal government to immediately end the […]
Prime Minister Justin Trudeau’s new cabinet could find itself moving faster than anticipated to deal with anger in the West over challenging economic conditions, in the face of a rail strike that a growing number of industry leaders say could trigger layoffs and closures and cost millions. The Liberals are being urged to step in […]
Oil and gas producer Crescent Point Energy Corp. says it is selling Saskatchewan midstream assets for $500 million as part of a divestiture strategy adopted following a management shakeup last year. The Calgary company says it has struck a deal to sell nine natural gas processing facilities and two gas sales pipelines with total throughput […]
The roadmap for building a stronger Saskatchewan by the year 2030 is being released by Premier Scott Moe. The “Saskatchewan Growth Plan” includes 30 goals the province has over the next decade including key targets of a population of 1.4 million people, 100,000 new jobs, increasing exports by 50 per cent and increasing agriculture value-added revenue to […]
Uranium miner Cameco Corp. says it swung to a $13 million loss in the third quarter, as revenue dropped 38 per cent from the comparable period last year. The company says the loss for the quarter ending Sept. 30 worked out to three cents per share, compared with earnings of $28 million or seven cents […]
Encana Corp., one of Canada’s oldest and largest energy companies, is moving its corporate headquarters from Calgary to the United States to bolster its access to deep-pocketed investors. The company, which is also changing its name to Ovintiv Inc., says having a U.S. address will expose it to increasingly larger pools of investment in U.S. […]
The loss of Ralph Goodale in Ottawa is a big one. That is the sentiment of Saskatchewan Chamber of Commerce CEO Steve McLellan. “It will hurt the province dramatically.” McLellan said. “He delivered for Saskatchewan unlike anyone else in my forty years of political watching. He was our warrior if you will in Ottawa. Not […]
