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Aug 13, 2015

Canada PM vows to track, possibly limit foreign home buyers

OTTAWA/VANCOUVER, Aug 12 (Reuters) – Canadian Prime Minister
Stephen Harper pledged on Wednesday to track and possibly limit
foreign purchases of Canadian real estate if reelected, but the
move was not expected to cool foreign buying anytime soon.

“There are real concerns that foreign, nonresident real
estate speculation is the reason some Canadian families find
house prices beyond their budgets,” Harper said while visiting
suburban Vancouver.

Aug 12, 2015

Forget Trump, Canada candidate slays dragons to nab votes

VANCOUVER (Reuters) – He rides a Canada goose, slays a dragon and fist bumps an alien – and that’s just in the first 30 seconds of Wyatt Scott’s campaign video for the upcoming Canadian federal election.

Scott, an independent who is running to represent a region of rural British Columbia in the Oct. 19 vote, posted the attention-grabbing video on YouTube in mid-June, but it went viral this week after being shared widely in online forums.

Jul 31, 2015

TransCanada stands by Keystone XL; profit beats

VANCOUVER (Reuters) – TransCanada Corp (TRP.TO: Quote, Profile, Research, Stock Buzz) (TRP.N: Quote, Profile, Research, Stock Buzz) is still committed to building the Keystone XL pipeline despite stubborn opposition in the United States that has thrown the C$8 billion ($6.2 billion) project into regulatory limbo, the chief executive of the Canadian company said on Friday.

But even as hopes fade that the Obama administration will approve the controversial cross-border pipeline, CEO Russ Girling said he has not yet decided if he will use the NAFTA trade agreement to try to push it through.

Jul 31, 2015

Enbridge says Line 9 testing to wrap by year end; profit beats

VANCOUVER, July 31 (Reuters) – Enbridge Inc,
Canada’s largest pipeline company, said additional testing on
its Sarnia, Ontario, to Montreal project should wrap up by the
end of the year, allowing the company to finally start up the
delayed Line 9 oil pipeline.

Canada’s energy regulator, the National Energy Board (NEB),
in June imposed new conditions on the 300,000 barrel-per-day
project including hydrostatic tests at three locations, before
it will allow the newly reversed line to enter service.

Jul 30, 2015

Cenovus Energy to cut jobs, dividend amid oil price slump

By Julie Gordon and Darshana Sankararaman

(Reuters) – Cenovus Energy Inc (CVE.TO: Quote, Profile, Research, Stock Buzz), Canada’s No. 2 independent oil producer, on Thursday slashed its quarterly dividend by 40 percent and said it would cut 300 to 400 jobs to further reduce costs because of slumping crude prices.

The Calgary-based company said it now expects to prune its workforce of 4,600 by about 15 percent by the end of this year and cut more jobs in early 2016.

Jul 30, 2015

Suncor 2nd-qtr operating profit falls as lower crude price bites

VANCOUVER, July 29 (Reuters) – Suncor Energy Inc,
Canada’s largest oil and gas company, reported a drop in
second-quarter operating earnings on Wednesday, as lower crude
prices outweighed increased production.

The Calgary-based company, which has already slashed jobs
and spending to help cope with the sharp drop in the price of
oil, cut its full-year capital spending outlook by C$400
million, though it boosted its dividend by 4 percent to 29
Canadian cents.

Jul 9, 2015

Soaring Vancouver home prices spur anger toward foreign buyers

VANCOUVER, July 9 (Reuters) – After years of watching
Vancouver housing prices climb, driven in part by Chinese
investment, Eveline Xia came to a painful realization: Despite
having a Master’s degree and solid career prospects, she might
never be able to afford a home in the city where she grew up.

That didn’t seem right, and so the 29-year-old grabbed a
marking pen, hand lettered a sign listing her credentials,
snapped a selfie, and posted it to Twitter under the hashtag
#DontHave1million.

Jul 6, 2015

Wambach coy on international future after World Cup win

VANCOUVER (Reuters) – United States striker Abby Wambach was coy on her plans for the future on Sunday, saying just that she was proud of her team’s win over Japan after finally hoisting the World Cup trophy for the first time in her 12-year career with the national squad.

“There’s probably no better way to go out, right? But I’m just really going to enjoy tonight,” Wambach, 35, told reporters when asked if she would be announcing her retirement from the squad following her side’s thumping 5-2 win.

Jul 6, 2015

Soccer-Wambach coy on international future after World Cup win

VANCOUVER, July 5 (Reuters) – United States striker Abby Wambach was coy on her plans for the future on Sunday, saying just that she was proud of her team’s win over Japan after finally hoisting the World Cup trophy for the first time in her 12-year career with the national squad.

“There’s probably no better way to go out, right? But I’m just really going to enjoy tonight,” Wambach, 35, told reporters when asked if she would be announcing her retirement from the squad following her side’s thumping 5-2 win.

Jul 4, 2015

Americans flock to Vancouver to amp up World Cup fever

VANCOUVER (Reuters) – A sea of red, white and blue is expected to flood Vancouver in the coming days as thousands of Americans flock to the city to cheer on their squad against defending champions Japan in Sunday’s Women’s World Cup final.

The Americans have enjoyed a home-crowd feel throughout the month-long tournament in Canada and can expect more of the same with the game, a rematch of the 2011 World Cup final they lost, being played about 34 miles from the U.S. border.

    • About Julie

      "I currently cover mining and minerals out of the Toronto bureau, where I focus on uranium, silver, platinum, lithium and REEs. Prior to moving to the mining sector, I worked as an online editor and video producer for Reuters.com. I started at Reuters as a TV intern in Chile and before that, I freelanced in Eastern Europe and spent eight months living in the Galapagos Islands."
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