Late last month, Bank of Canada Governor Mark Carney announced that Canada will be exiting out of recession at the end of this year. He predicted a growth this quarter of 1.3 percent and a growth of 3 percent in the last 3 months of the year.
Canada’s Minister of International Trade, Stockwell Day, echoed Carney’s [...]
Greenpeace rattled the management of Scandinavian energy giant StatoilHydro today by gathering in strong shareholder support for its motion calling on the company to withdraw its investments in dirty tar sands oil.
Greenpeace bought four shares in the company so it could present the motion at the company’s AGM here. After weeks of campaigning in Scandinavia, [...]
Four major investors are putting pressure on Statoil to withdraw from the tar sands, Greenpeace has learned.
Danske Bank has expressed its opposition to the contentious project while Norway’s largest bank, DnBNOR, is holding meetings today to discuss whether continued involvement in the Alberta tar sands is a sound investment.
In addition, prominent Statoil stakeholders, Folksam, a [...]
Greenpeace Canada and Greenpeace Nordic have teamed up to fight the tar sands on both sides of the Atlantic, focusing on Statoil Hydro across Scandinavia and pressuring the company to pullout of their Alberta investments. The delegation is travelling throughout Norway, Sweden and Denmark in the lead-up to Statoil’s AGM on May 19. [...]
Kevin Taft, Alberta Liberal Shadow Minister for Energy, revealed in the Legislature today that royalties per barrel of bitumen decreased to just 48 cents a barrel – less than you’d receive by returning two 2-litre pop bottles to the bottle depot.
Taft found the numbers in corporate filings submitted by the Canadian Oil Sands Trust, Syncrude’s [...]
Impacted First Nations community representatives along with environmental and social justice groups are in Ottawa today to host meetings with MPs, hold a public forum and a press conference to draw attention to the House of Commons Environment Committee study of the impact of the tar sands on water resources.
Since March 2009 the Environment Committee [...]
Alberta’s Culture Minister, Lindsay Blackett , has backed tracked on statements he made last week on censoring films that are critical of Alberta.
