• Emera inks Canadian Utilities merger deal with ATCO to create $72B energy ‘powerhouse’

    Source: Nova Scotia - Halifax & Regional News
    Date: 2026-10-06 18:16:49.0
    Tags: [National, Nova Scotia, Alberta, Energy, Infrastructure, Economy]

    Halifax-based Emera Inc. and ATCO subsidiary Canadian Utilities Ltd. have agreed to an all-stock merger to create a $72 billion energy utility powerhouse, marking what is expected to be the largest merger in Canadian history between two domestic companies. Under the agreement, existing Emera shareholders will own approximately 60 percent of the combined utility, while former ATCO and Canadian Utilities shareholders will own roughly 40 percent. The combined entity will maintain corporate and operational headquarters in Halifax, Calgary, Edmonton, and Perth, Australia, while ATCO's industrial services, housing, and defence businesses will be spun out into a separate public company led by ATCO CEO Nancy Southern.

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  • West coast pipeline is in Canadian national interest: Carney, Smith in Fort McMurray

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-10-01 15:13:46.0
    Tags: [National, Alberta, British Columbia, Energy, Infrastructure, Economy]

    Prime Minister Mark Carney and Alberta Premier Danielle Smith jointly announced the designation of the Pacific Link oil pipeline project as a national interest undertaking under the One Canadian Economy Act. The pipeline will run 1 million barrels per day of crude oil from Bruderheim, Alberta, to southern British Columbia, featuring a new delivery terminal and marine export facility. The project will be developed, built, and operated by the federal Crown corporation Trans Mountain Corporation and the provincial Crown corporation Alberta Petroleum Marketing Commission, each holding a 45 percent ownership stake, alongside a 10 percent interest by Pembina Pipeline Corporation. A review process involving the federal major projects office and the Canada Energy Regulator is targeted for completion by September 1 of next year, with construction potentially beginning immediately afterward, contingent on the Pathways carbon capture project offsetting emissions.

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  • West Coast oil pipeline becomes 1st project designated in national interest

    Source: CBC Politics
    Date: 2026-10-01 15:11:24.0
    Tags: [National, Alberta, British Columbia, Infrastructure, Energy, Economy]

    The federal and Alberta governments have designated a proposed West Coast oil pipeline as the first project under Schedule One of the Building Canada Act. Scheduled to open between 2032 and 2033, the pipeline will transport one million barrels of oil per day from Alberta to the British Columbia coast. Senior government officials project the project will boost Canada's GDP by up to $30 billion annually—including $20 billion directly from the pipeline and $10 billion from diversifying export markets away from the United States—while creating up to 140,000 jobs.

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  • From pipelines, to railways and AI: Ottawa pitches 167 projects ahead of Carney's investment summit

    Source: CBC Politics
    Date: 2026-09-10 21:20:00.0
    Tags: [National, Alberta, British Columbia, Nova Scotia, Infrastructure, Energy, Transportation, Economy, Technology]

    The federal government has released a 66-page prospectus outlining 167 investment projects across eight sectors ahead of the Canada Investment Summit in Toronto, co-hosted by Prime Minister Mark Carney alongside the Canada Pension Plan Investment Board and Public Sector Pension Investment Board to attract $1 trillion in international capital. Notable infrastructure and energy proposals featured in the document include a $57 billion US expansion of the Port of Churchill, a $44 billion Nova Scotia Wind West offshore wind project, a $35 billion West Coast Oil Pipeline connecting Alberta crude to British Columbia, a $28.5 billion Ksi Lisims LNG terminal project on the B.C. coast, a $10.9 billion Calgary-to-Edmonton high-speed passenger rail line, a $2.1 billion US South Bow Prairie Connector pipeline expansion, and a $14.5 billion data centre near Medicine Hat, Alberta. The pitch aims to diversify Canada's trade and energy export markets amid escalating U.S.-Canada trade tensions while highlighting assets ranging from fully permitted, shovel-ready initiatives to preliminary-stage critical mineral developments.

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  • Alberta’s Smith takes questions at less rowdy AI town hall, NDP calls for freeze

    Source: Alberta - Provincial Politics
    Date: 2026-08-27 12:31:14.0
    Tags: [Alberta, Technology, Energy, Infrastructure, Economy]

    Alberta Premier Danielle Smith and her ministers held a virtual town hall with over 12,500 participants to address public concerns regarding the rapid development of artificial intelligence data centres, such as the proposed $13-billion Meta campus north of Edmonton. Amid criticisms regarding heavy water consumption, power grid reliability, and residential proximity setbacks—which recently prompted a provincial regulator to reject a project in the town of Olds—the provincial government is evaluating regulatory frameworks and setback guidelines. Meanwhile, Opposition NDP Leader Naheed Nenshi called for a province-wide moratorium on new artificial intelligence data centres until stricter rules, impact assessments, and life-cycle reclamation plans are established.

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Articles Deemed Relevant: 1600

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