8 h. ago OPEC+ Agrees Another Oil Supply Surge in June, Delegates Say

OPEC+ agreed on another output surge in June, accelerating a revival of supply for a second month as the group’s leaders seek to chastise overproducing members in a strategy shift that has already sent crude prices plunging.

Other

8 h. ago OPEC+ Agrees Another Supply Surge in June to Deepen Oil Rout

OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing over-producing members that has sent crude prices plunging.

Other

14 h. ago Toronto's artificial peninsula set to keep growing for decades

Toronto's man-made peninsula, the Leslie Street Spit, is still growing, and will be for the next few decades to come as dredged material from the city's harbour continues to be deposited along its shoreline.Created in 1959 by the Toronto Harbour Commissioners (THC), now PortsToronto, for "port-related facilities," the Leslie Street Spit's expected use as an outer harbour port never panned out, yet the landform has expanded significantly through millions of cubic metres of concrete, earth fill, and dredged sand, and today supports Tommy Thompson Park.The artificial peninsula extends five kilometres into Lake Ontario and is over 500 hectares in size. The park is home to some of the largest existing natural habitats on the Toronto waterfront, and includes wildflower meadows, cottonwood forests, cobble beaches, and coastal marshes.Aerial view of the Leslie Street Spit in 1975. Photo: Toronto and Region Conservation Authority (TRCA).It's also become on...

Culture

14 h. ago Restaurant known for Toronto's best jerk chicken opens second location

A hidden gem Toronto Caribbean restaurant that's gained a reputation for serving the best jerk chicken in the city has finally expanded with a new location.Leslieville's Gerrard Square Shopping Centre is one of those if-you-know-you-know places in Toronto that make the city so unique.For my part, the mall always carried a sort of looming, ominous air. Probably because my parents used to joke that they'd leave me there whenever I behaved badly growing up, but I digress. The mall's inescapable 'Gerrard Scare' and 'Scary Square' nicknames just go to show that I'm not the only one.More recently, though, the mall's been getting a renewed wave of respect — even popularity — as more and more people in the city flock to it for, more or less, one reason: the food.The mall food court has seen several buzzworthy tenants come and go over the past few years, but its main claim to fame, in my opinion at least, has a...

Other

20 h. ago Big Oil Refuses to Budge on Production Ahead of OPEC+ Decision

The largest western oil producers are mostly sticking with their growth plans for now, despite a 16% decline in crude prices during April and the potential for further increases in output from OPEC+.

Other

20 h. ago Abaxx Files Early Warning Report with Respect to Base Carbon

TORONTO, May 02, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE: ABXX) (OTCQX: ABXXF) (“Abaxx” or the “Company”) announces today that it has filed an early warning report in respect of its holdings in Base Carbon Inc. (“Base”). On May 2, 2025, Abaxx acquired 3,700,000 common shares of Base by way of private agreement (the […]

Transport

22 h. ago Beyond Oil Expands to Greece with New Distribution Agreement

Agreement with Global Foods Marks Company’s Initial Entry into Greek Market with Plans to Expand Collaboration in the Future VANCOUVER, BC and KIBBUTZ YIFAT, Israel, May 02, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company“), a food-tech innovation company dedicated to reducing health risks associated […]

Other

24 h. ago CUPE 5478 Ratify First Collective Agreement With The Gathering Place

ST. JOHN’S, Newfoundland and Labrador — Employees at The Gathering Place, a community health centre in St. John’s, have ratified their first-ever tentative agreement, averting possible job action. “We’re proud of the provisions in this first collective agreement,” said CUPE 5478 President Jon Bennett. “Now we have a solid foundation on which we will continue […]

Other

24 h. ago Ottawa may not want to get out of the pipeline business just yet: Trans Mountain CEO

Trump's trade threats have only spurred increased interest in TMX, Mark Maki said

Economics

25 h. ago DXP Enterprises, Inc. Announces First Quarter 2025 Earnings Release and Conference Call

HOUSTON — DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the first quarter ended March 31, 2025, on Wednesday, […]

Culture

25 h. ago Simpson Oil Announces Overwhelming Support for Majority Board Refresh at Parkland AGM

Reports Over 60% of Shares Voted on Simpson Oil’s GOLD Proxy Card Cautions Incumbent Board NOT to Deploy Further Questionable Tactics That Could Delay the Shareholder Meeting or the Integrity of the Vote Calls on Current Board to Begin an Orderly Transition GRAND CAYMAN, Cayman Islands — Simpson Oil Limited (“Simpson Oil”, “we” or “our”), […]

Politics

25 h. ago Trump’s Auto Tariff Relief Shields USMCA Auto Parts From 25% Tax

President Donald Trump’s revised auto tariff plan continues — at least for now — an exemption for parts that comply with the free trade agreement spanning North America, a concession desperately sought by industry.

Economics

26 h. ago Carney won’t enter a formal agreement with NDP to shore up minority government

OTTAWA — Any plans to shore up his minority government won’t include the NDP. Speaking to reporters at his first press conference since his election win, Carney said that — unlike his predecessor — he won’t be seeking a supply and confidence agreement with the all-but-obliterated New Democrats to counter government-toppling confidence motions from the […]

Politics

26 h. ago Auto parts tariff exemption provides ‘certainty and relief,’ says Magna

TORONTO — The head of Magna International Inc. is cheering a tariff exemption for automobile parts compliant with the Canada-U.S.-Mexico Agreement. The U.S. had said last month it would start charging a 25 per cent tariff on all imported auto parts by May 3, but U.S. Customs and Border Protection guidance released Thursday provided clarification. […]

Economics

31 h. ago ACEL Power and Electrified Marina Announce Strategic Partnership to Accelerate Marine Electrification on the U.S. East Coast

VANCOUVER, British Columbia & NORFOLK, Va. — ACEL Power, a leader in electric propulsion innovation, proudly announces a strategic partnership with Electrified Marina, the nation’s top-performing electric watercraft dealer. This milestone agreement is set to amplify the availability of ACEL’s high-performance electric outboards—starting with the powerful Intelligent Electric Series of 50HP and 75HP systems—and expand […]

Culture

31 h. ago Letters May 2, 2025: ‘Why waste our time trying to get along with Ottawa?’

Join with the U.S. Why does Alberta continually waste their precious time by casting pearls before swine? The fourth term Liberal government has their own agenda, and it doesn’t include this province’s rich oil and gas industry. It’s time for Alberta to start making plans to ‘vacate the joint’ and start soaring with eagles in […]

Other

32 h. ago Norway’s Equinor Offloads Stake in Brazilian Oil Field for $3.5 Billion

Equinor ASA agreed to sell its 60% stake in the Peregrino oil and gas project off the Brazilian coast for $3.5 billion, as the Norwegian energy explorer seeks to streamline international operations.

Economics

32 h. ago Opinion: Oil and gas, not cars, still pay Canada’s bills, and critical metals are soon to follow

Energy exports are almost two and a half times the value of exported cars, and critical minerals are coming on fast

Events

35 h. ago Shell Sticks With Payouts, Spending Plans Despite Oil’s Drop

Shell Plc stuck to its plans for investor returns and capital spending, taking on extra debt to fill the gap in its cash flow stemming from the drop in oil prices.

Other

37 h. ago Asian shares rise as China says it’s considering US overtures on Trump’s tariffs

HONG KONG (AP) — Asian markets advanced Friday after China’s Commerce Ministry said Beijing is evaluating overtures from the U.S. regarding President Donald Trump’s tariffs. Futures and oil prices advanced. Hong Kong’s Hang Seng surged 1.7% to 22,493.96, while markets in Shanghai were closed for a public holiday. Taiwan’s benchmark jumped 2.2%. An unnamed Chinese […]

Economics