Ford counts on new SUV

In the auto industry, it’s pretty well known that if you don’t revamp your vehicles every few years, buyers will flee to companies with newer models. Ford learned that lesson again with its Escape compact SUV, which just six years ago was the second-biggest player in the fastest-growing part of the U.S. market. In 2013, […]

Cenovus against targets

Oilsands producer Cenovus Energy Inc. is recommending investors at its annual general meeting vote against a shareholder motion requiring it to set greenhouse gas emission targets aligned with the goals of the Paris climate accord. The proposal by the Fonds de Solidarite des Travailleurs du Quebec would force Cenovus to set medium- and long-term targets […]

Canada’s climate failure

Environment Commissioner Julie Gelfand says Canada is not doing enough to combat climate change. Gelfand delivered her final audits Tuesday before her five-year term expires, looking at fossil-fuel subsidies, invasive aquatic species and mining pollution. But her final conclusions as the country’s environmental watchdog say it is Canada’s slow action to deal with the warming […]

Economy ‘moderating’

Bank of Montreal’s chief executive Darryl White says economic growth in Canada is “moderating” but it’s “no screeching halt” and the risk of a recession in the coming year is relatively low. White said Tuesday that he estimates that by the back end of this year, the country’s GDP growth will be in the range […]

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