CALGARY — The Canada Growth Fund is partnering with Strathcona Resources Ltd. on a carbon capture and sequestration project, with each group contributing up ...
CALGARY — The Canada Growth Fund is partnering with Strathcona Resources Ltd. on a carbon capture and sequestration project, with each group contributing up to $1 billion in funding.
The company says it expects to capture and permanently store up to two million tonnes of carbon dioxide a year through the project, for which a final investment decision has not yet been made. A press release from the Canada Growth Fund says the partnership is a first-of-its kind approach to sharing the risk of carbon capture and storage.EDMONTON — The provincial government's management of Alberta's increasingly stressed water resources is all wet, says the province's auditor general.
Over the past year, the Canadian market has shown a robust growth of 11%, despite remaining unchanged in the last 7 days. In such a steadily growing market, companies with high insider ownership and strong earnings growth are particularly appealing as they often indicate a deep commitment from those who know the company best. -- Costco Wholesale Corp. is boosting its membership fees for the first time since 2017, raising the charge for a basic membership to $65 a year from $60.
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