Suncor Energy raised the stakes Thursday in its proposed hostile takeover of Canadian Oil Sands, saying it is willing to walk away if the Alberta Securities Commission upholds an extension to its deadline of Dec. 4 on whether to accept the deal.
The president of the Coal Association of Canada says Alberta's plan to phase out coal-fired power plants by 2030 will throw people out of work, hurt rural communities and undermine industries by boosting electricity costs.
A tug-of-war over a Russian warplane downed by a Turkish fighter jet at the border with Syria escalated Thursday, with Moscow drafting a slew of economic sanctions against Turkey and the Turkish president defiantly declaring that his military will shoot down any new intruder.
The National Energy Board is making more information about the safety of pipelines it regulates available to the public. Starting immediately, inspection reports are going to be posted on the regulator's website.
A federal judge has given preliminary approval to a settlement of up to $8 million between Sony Pictures Entertainment and current and former employees related to the hack of the company's computers last year.