68 m. ago Gran Tierra Energy Inc. Announces New US$75 Million Credit Facility

CALGARY, Alberta, April 16, 2025 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced that it has, through its wholly owned subsidiary, Gran Tierra Energy Colombia GmbH, a Swiss limited liability company, entered into a reserve-based lending facility with commitments of up to US$75 million as of the […]

Economics

83 m. ago Trump Halts NY Offshore Wind Project Work Amid Sector Review

The Trump administration halted work on an offshore wind farm being built off New York amid a broader review of the sector’s projects.

Other

1 hour ago French Aviation Supplier Lauak Explores Options as Lohia Circles

Lauak Groupe, the French family-owned supplier to aircraft manufacturers Airbus SE and Bombardier Inc., is exploring a full or partial sale to help fund global growth.

Transport

2 h. ago Bird Secures Over $650 Million in New Awards; Reinforces Defence, Clean Energy and Healthcare Portfolios

MISSISSAUGA, Ontario, April 16, 2025 (GLOBE NEWSWIRE) — Bird Construction Inc. (TSX: BDT) is pleased to announce that it has been awarded five projects with a combined value of over $650 million across its infrastructure, industrial and buildings businesses. Defence Construction Canada has awarded Bird a modified design-build contract to design and construct 200 new […]

Economics

2 h. ago STEP Energy Services Ltd. to Announce First Quarter 2025 Results and Host Conference Call

CALGARY, Alberta — STEP Energy Services Ltd. (“STEP”) intends to release its first quarter results on Wednesday, May 14, 2025 after markets close. Financial Statements and Management’s Discussion and Analysis will be posted to STEP’s website and SEDAR after the press release is disseminated. STEP will host a conference call on Thursday, May 15, 2025 […]

Culture

3 h. ago Parkland CEO to step down in bid to diffuse conflict with activist shareholder

Simpson Oil called for Bob Espey's removal and for a whole new slate of directors to be installed

Events

3 h. ago Vladimir Guerrero Jr. homers for first time this season as Jays earn series win over Braves

At some point, the homerless streak was destined to end, an inevitability that became a reality Wednesday. The afternoon gathering at Rogers Centre attracted a throng of school-aged kids who provided some much-needed energy. When Vladimir Guerrero Jr. sent a towering blast into the second deck in left field, the kids exploded, as did the […]

Other

5 h. ago China pivots from U.S. to Canada for more oil as trade war worsens

Chinese refiners are importing record amounts of Canadian crude after slashing purchases of U.S. oil

Economics

5 h. ago Bombshell allegations about Ontario Place megaspa make international headlines

The "revitalization" of Ontario Place — specifically, the Therme megaspa that serves as the project's cornerstone — has become a blight on Toronto's waterfront, leaving passersby both devastated and enraged to see a public green space and mature habitat reduced to dust overnight despite ample resistance.Alarming revelations about the site's enormous future parking garage, plans to extend the development over the lake, the lack of environmental assessments involved, and more have emerged in the years since the overhaul of the 155-acre property was first announced.But the latest update, which comes via a damning New York Times investigation published on Wednesday, may be the most scandalous yet.While most would agree that the long-defunct amusement park could have benefited from an overhaul, NYT — which is already very familiar with the Ontario Place saga — elucidates why Therme was, as many community members al...

Society

6 h. ago Montero Announces Share Consolidation and C$15M Return of Capital

TORONTO, April 16, 2025 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V: MON) (OTCPK: MXTRF) (“Montero” or the “Company”) announces that it has finalized its planned uses of the net proceeds received from its settlement with the United Republic of Tanzania to resolve the dispute over the expropriation of its Wigu Hill rare earth […]

Economics

7 h. ago Poll finds 92% of adults agree nobody in Canada should go hungry

Food Banks Canada’s just-released Election Report says 92% of adults agree that no one in Canada should ever have to go hungry. The new survey also says 84% agree that reducing hunger is a top non-partisan priority for Canada. And 88% believe Canada should set clear targets to reduce hunger and food insecurity. “This is […]

Other

7 h. ago If we need to retrain autoworkers, the growing nuclear sector is a perfect fit

Opinion: Nobody wants to see protracted damage from the trade war, but if it happens, strategic retraining of workers should be a priority

Society

7 h. ago Calgary Wild FC 'Watch Party' helps to kick off inaugural Northern Super League match

It should be a wild time Wednesday night at the Elephant & Castle. The Wild Roses Supporters Group will take over the local pub to catch the Calgary Wild FC’s historic inaugural match in the Northern Super League. Fans are encouraged to rock their red and purple while bringing the energy to the ‘Watch Party’ […]

Sport

7 h. ago Thrilling Porsche race track attraction to open in Ontario this spring

The hotly anticipated Porsche Experience Centre Toronto (PEC) — the first of its kind in Canada — is just a few months away after years of construction and delays.Porsche Cars Canada, Ltd. announced on Wednesday that the new attraction under construction just outside Toronto will open in June as part of Pickering's 20-acre Durham Live entertainment complex, boasting a race track, simulators, a cafe, and a gift shop dedicated to the German sports car manufacturer.The facility's imminent opening comes roughly three and a half years after the project was first announced in late 2021, and is undoubtedly welcome news for the motoring community following construction delays and a missed 2024 opening.The PEC in Durham will mark the tenth such attraction worldwide and the third in North America after locations in Atlanta and Los Angeles."The upcoming opening of the Porsche Experience Centre Toronto marks an important milestone for the brand here," said Trevor Arthur, President &...

Other

9 h. ago Bank of Canada holds interest rate steady for first time in 2025

The Bank of Canada (BoC) announced that it's holding its policy rate at 2.75 per cent on Wednesday morning.Before this, the central bank had made two 0.25 per cent cuts to its key interest rate, with the last one on March 12 bringing the rate to 2.75 per cent.On Tuesday, Statistics Canada shared March inflation data, showing that inflation slowed to 2.3 per cent following a 2.6 per cent increase in February.Last week, Ratehub.ca mortgage expert Penelope Graham told us that while Canada had largely dodged the worst of the tariff pain, the BoC's policymakers would assess the impact on our trade partners, and the effect at home, to make a decision on April 16.She said the central bank would be weighing plummeting consumer and business sentiment, based on its own quarterly survey.Upcoming Bank of Canada rate announcementsKeep an eye on the Bank of Canada website at 9:45 a.m. on the following dates:Wednesday, June 4, 2025 (rate update only)Wednesday, July 30, 2025 (rate up...

Other

10 h. ago Dubai AI Week 2025 to Host World’s Largest Generative AI Championship with $272K Prize

DUBAI, United Arab Emirates — Dubai is set to unite the global AI ecosystem and advance its future-readiness during a bold exploration of how artificial intelligence is reshaping our world at Dubai AI Week, taking place April 21 to 25. The inaugural event will bring together over 10,000 participants, AI pioneers and policymakers from 100 […]

Economics

13 h. ago South Africa to Court Middle East Investors for Infrastructure Push

South Africa plans to open its first overseas office for its infrastructure development agency in the Middle East, aiming to tap into the region’s deep-pocketed investors to fund energy, water and logistics projects.

Economics

13 h. ago Trump Energy Boss’s Company Plunging 40% Is a Warning for US Oil Production

Energy Secretary Chris Wright says Donald Trump’s administration is giving the “green light” to more US oil production, but the signal from the fracking company he used to run is flashing bright red.

Economics

13 h. ago Revolutionizing Health Tech: ITEN and Baracoda Join Forces to Power Next

PARIS — In a world where health and sustainability increasingly intersect, ITEN and Baracoda are forging a path toward innovation. ITEN, a leading innovator and manufacturer in micro solid state battery technology, and Baracoda, a daily healthtech pioneer, are proud to announce their collaboration, bringing unparalleled energy efficiency to the next generation of health tracking […]

Science

14 h. ago Discovery Completes Acquisition of Porcupine Complex, Emerges as New Canadian

Growing gold production in one of the world’s most prolific mining camps Large Mineral Resource base with substantial exploration upside A management team with extensive experience working in the Timmins Camp Increased financial strength following closing of $575 million financing package TORONTO, April 16, 2025 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) […]

Other