The latest public offering of oil and gas parcels in Saskatchewan netted the province over $9.3-million dollars. The Estevan area generated the most interest, bringing in just over $4-million for 52 leases totalling over 52-hundred hectares. The Kindersley area also saw considerable interest, bringing in $3.6-million for 10 leases totalling over 65-hundred hectares. Accepted bids […]
Enbridge Inc. says it has reached a deal with shippers for tolling on its Mainline pipeline system, which moves over three million barrels a day of crude oil and liquids from Western Canada. The announcement Thursday is a major milestone for the Calgary-based pipeline company, which has been negotiating with oil shippers on a new […]
All large greenhouse gas emitters in Saskatchewan will soon be regulated by the provincial government after Ottawa ruled the plan meets national standards. Saskatchewan and Ottawa jointly announced Tuesday that the federal output-based pricing system for industry will no longer apply in the province starting in 2023. This comes after Saskatchewan applied to have natural […]
The Conference Board of Canada says the Prairie provinces will likely be the top economic performers this year, even as the Bank of Canada’s inflation-fighting measures quell the country’s overall economic output. In a new report looking at factors that will drive Canada’s provincial economies between 2022 and 2024, the not-for-profit think tank says Saskatchewan will lead […]
April was a record month for the province’s oil and gas public offering, with over $19 million coming in. Six times a year, the province offers Crown petroleum and natural gas rights, which generates revenue for the province. This year raised $19,307,203.94 in revenue for the province with 208 parcels, with 169 parcels receiving acceptable […]
The economic landscape in 2022 is a lot brighter for Saskatchewan as compared to 2021 according to an RBC provincial outlook. Saskatchewan is set to lead the nation with a change of 5.6 percent in the GDP. RBC Economist Robert Hogue says a reason for the growth in 2022 is because of the slower than […]
Three resolutions were easily passed by delegates at the online Saskatchewan Association of Rural Municipalities (SARM) Mid-Term Convention on Tuesday. A resolution, introduced by the RM of Eye Hill in the Macklin area along the Alberta border, was co-sponsored by 45 other RM’s around the province. It calls on SARM to lobby the provincial government […]
Federated Co-operatives Limited is committing to reduce their greenhouse gas emissions. On Thursday, CEO Scott Banda announced that FCL is committing to reduce their greenhouse gas emissions by 40 per cent below 2015 levels by the year 2030 and FCL is also aspiring to achieve net zero by the year 2050. Co-op also announced that […]
