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CALGARY — Enbridge Inc. reported a loss of $1.1 billion in its latest quarter as it took a $2.5-billion non-cash goodwill impairment charge related to its gas transmission business as a result of what it said was the increased cost of capital.

EDMONTON — Aurora Cannabis Inc. says it incurred a $67.2 million net loss in its most recent quarter. The Edmonton-based cannabis company says the net loss in what was its second quarter compared with $75.

Surface facility construction and drilling will commence later this year, with first power production estimated by summer 2024

CALGARY — Precision Drilling Corp. reported a fourth-quarter profit of $3.5 million compared with a loss of $27.3 million a year ago as its revenue rose more than 70 per cent.

CALGARY — TC Energy Corp. has pegged the cost of cleanup and remediation of December's oil spill from its Keystone pipeline at an estimated US$480 million. The Keystone pipeline system suffered the worst oil spill in its history on Dec.

Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close its hallmark 1 Hershey facility and consolidate some of its cultivation operations. The Smiths Falls, Ont.

SASKATOON — Cameco Corp. reported a loss in its latest quarter as its revenue climbed more than 10 per cent compared with a year earlier.

The closure includes both the mill and its pellet plant, Skeena Bioenergy.

Experts doubt U.S. industry’s ability to meet 100% of domestic demand

EDMONTON — The Alberta government is moving ahead with a plan that would give oil and gas companies a tax break for meeting their legal obligations to clean up old well sites, inviting a select group of landowner organizations to a meeting to discuss