TransAlta Posts Q3 Loss, Shares Drop 13%
Calgary-based TransAlta reports surprising Q3 loss of $8 million, sending shares tumbling over 13% as lower power prices and unfavourable hedging contracts squeeze profitability.
Category : Search result: electricity rate cap
Federal Budget Pivots on Oil and Gas Policy
Canada's latest federal budget signals a significant shift in oil and gas policy, but industry experts warn key implementation details remain uncertain. Explore the implications for carbon capture incentives and clean electricity investments.
Budget shifts oil and gas tone, details unclear
Canada's latest federal budget signals a significant change in tone toward the oil and gas industry, but critical details about investment tax credits and clean energy requirements remain uncertain, leaving industry experts watching closely.
Canada May Soften Oil & Gas Emissions Cap Rules
The Canadian government shows willingness to adjust its controversial oil and gas emissions cap policy, raising questions about environmental commitment versus economic pragmatism in Canada's energy sector.
Ontario Electricity Rates Rise: Bill Changes Explained
Ontario residents face higher electricity costs starting May 1st. Learn how time-of-use and tiered rates are changing and get expert tips to manage your energy bills effectively.
Massive power outage affects 4,000+ in southern Manitoba
Widespread power outages sweep across southern Manitoba, leaving thousands without electricity as Manitoba Hydro works to restore service amid challenging conditions.
Canada's Nuclear Crossroads: Powering the Future
As global electricity demand surges, Canada faces a critical energy dilemma. Can nuclear power bridge the gap between climate goals and energy security? Experts weigh in on the nation's atomic advantage.
Can Caufield Score 50? Habs Star's Bonus Chase
Montreal Canadiens' sniper Cole Caufield is chasing NHL history and a massive performance bonus. Discover how close he is to the elusive 50-goal mark and what it means for the team's salary cap.
Natural Gas Rates Rising in Manitoba This November
Manitoba Hydro announces significant natural gas rate increase starting November 1st, impacting homeowners' winter heating costs. Learn how this affects your budget.
Variable Mortgage Holders Get Rate Cut Relief
Canadian homeowners with variable-rate mortgages are celebrating as the Bank of Canada's recent rate cut brings significant payment reductions. Discover how this decision impacts monthly budgets and what it means for the housing market.
Trump Cuts Refugee Cap to 18,000, Prioritizes White South Africans
The Trump administration has dramatically reduced refugee admissions to just 18,000 for 2020, while prioritizing white South Africans and religious minorities in a controversial shift from traditional refugee policy.
NB Scraps Carbon Cost Adjuster from Electricity Bills
The New Brunswick government announces elimination of carbon cost adjuster effective December 1, promising relief for ratepayers while maintaining environmental commitments.
Bank of Canada Signals End to Rate Hike Cycle
The Bank of Canada maintains its key interest rate at 5%, signaling the end of its tightening cycle while keeping options open for future moves. Discover what this means for your finances and the Canadian economy.
Bank of Canada Rate Cuts Still Possible in 2024
Despite stubborn inflation, economists reveal why interest rate cuts remain on the table for 2024 and how Canadians should prepare for potential financial shifts.
Rate Cut Offers Relief for Alberta Homeowners
The Bank of Canada's recent interest rate reduction offers breathing room for Albertans, but experts warn bigger economic challenges lie ahead for the province's housing market and overall financial landscape.
BC Premier threatens early election over power line bill
British Columbia's Premier issues ultimatum: Pass the contentious electricity bill for Northern communities or face an early provincial election this fall.
NL Premier Reviews Hydro-Quebec Power Deal
Newfoundland and Labrador's incoming premier launches sweeping review of controversial Churchill Falls power agreement with Quebec within weeks of taking office.
Fed Cuts Rates Quarter-Point in Policy Shift
The Federal Reserve has cut interest rates for the first time this year, delivering a quarter-point reduction amid cooling inflation and economic uncertainty. Here's what it means for your wallet.
RBC Cuts Prime Rate Following Bank of Canada Decision
Royal Bank of Canada leads major lenders in reducing prime rate to 6.95%, bringing relief to borrowers with variable-rate mortgages and loans. Learn how this affects your finances.
Fed Cuts Key Rate as Shutdown Clouds Economic Outlook
The Federal Reserve makes pivotal rate cut decision as potential government shutdown threatens to cloud economic outlook and complicate monetary policy path forward.
Canada's Productivity Crisis Deepens After Rate Cut
Economists warn Canada faces a structural productivity crisis as Bank of Canada cuts rates amid stagnant economic growth and declining business investment.
Bank of Canada Rate Cut Boosts Real Estate Market
Canadian real estate leaders welcome the Bank of Canada's first interest rate cut in four years, predicting renewed market activity while acknowledging ongoing economic challenges.
NVIDIA Hits $5 Trillion: First Company Ever
NVIDIA achieves historic $5 trillion market cap milestone, cementing its dominance in AI revolution and reshaping global technology markets with unprecedented growth.
PEI's 10-Year Energy Plan Demands Grid Modernization
PEI's new decade-long energy blueprint calls for urgent electrical grid upgrades to support renewable energy expansion and ensure reliable power for Island residents and businesses.
Canada accelerates clean energy while backing pipelines
Canada is navigating a complex energy transition, rapidly expanding clean electricity while continuing to support fossil fuel infrastructure. Discover how the country plans to achieve net-zero grid by 2035 amid ongoing pipeline projects.
Bank of Canada cuts rates as U.S. trade threats grow
The Bank of Canada delivers another interest rate cut while navigating turbulent U.S. trade relations and tariff threats that could reshape Canada's economic landscape.
Bank of Canada Cuts Interest Rates to 4.75%
The Bank of Canada has made its first interest rate cut in months, lowering the overnight rate to 4.75%. Discover how this decision affects mortgages, savings, and the Canadian economy.
Bank of Canada Cuts Rate to 2.25% - Second Drop
The Bank of Canada has cut its key interest rate to 2.25% in its second consecutive reduction, signaling a major shift in monetary policy that could save Canadians money on mortgages and loans.
Bank of Canada Cuts Interest Rate to 4.75%
The Bank of Canada has made its first interest rate cut since 2020, dropping the benchmark rate to 4.75%. Discover how this historic move will impact mortgages, savings, and the Canadian economy.
Fed Signals Rate Cuts: Impact on Canada
The U.S. Federal Reserve signals potential rate cuts ahead, marking a significant policy shift that could impact Canadian mortgages, investments, and economic growth. Discover the timeline and implications.
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