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Resources & Agriculture

Global refinery market weakness hits Parkland Corp.'s Burnaby refinery

Global refinery market weakness hits Parkland Corp.'s Burnaby refinery

CALGARY — Fuel retailer Parkland Corp. has lowered its full-year earnings forecast as sluggish market conditions continue to take a bite out of margins at the company's Burnaby, B.C. refinery.
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B.C.'s late entry to LNG market carries 'significant economic risk': U.K. report finds

B.C.'s late entry to LNG market carries 'significant economic risk': U.K. report finds

Unsanctioned B.C. LNG projects were forecast to produce gas 26% more expensive than the global average, and up to 80% pricier than bulk producers like Qatar — raising questions over whether the province can recoup its investments.
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Parkland Corporation earns $91 million in third quarter, down from a year earlier

Parkland Corporation earns $91 million in third quarter, down from a year earlier

CALGARY — Parkland Corp. says it earned $91 million in the third quarter, down from $230 million during the same quarter a year earlier. Revenues for the quarter ended Sept. 30 were $7.1 billion, down from $8.7 billion.
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Precision Drilling expects rig demand growth with LNG Canada startup

Precision Drilling expects rig demand growth with LNG Canada startup

CALGARY — Precision Drilling Corp.
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B.C. groups’ bid to classify Alaskan fishery as unsustainable rejected

B.C. groups’ bid to classify Alaskan fishery as unsustainable rejected

Evidence in the complaint prompted Canadian-based OceanWise to pull its 'sustainable' recommendation for southeast Alaska salmon over the summer
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Asian market for Canadian wood products in decline

Asian market for Canadian wood products in decline

Japan is becoming more self-sufficient for timber and lumber
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The world is running low on cheap wood, B.C. wood summit hears

The world is running low on cheap wood, B.C. wood summit hears

Shrinking global log supply could be good for lumber producers in the coming years
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First Nations clash over salmon, territory in cross-border Southern B.C. dispute

First Nations clash over salmon, territory in cross-border Southern B.C. dispute

Colville’s decision to withdraw financial support stirs tensions with Canadian counterparts
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Kelowna-based Fission facing security review of sale to Australian company

Kelowna-based Fission facing security review of sale to Australian company

National security concerns prompt Ottawa to review uranium deal with Australian mining firm
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B.C.'s Site C dam begins generating power

B.C.'s Site C dam begins generating power

The site is expected to be in full service by fall 2025, adding about eight per cent more supply to the province's electricity grid.
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