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Resources & Agriculture

Interfor cuts back production by 8% for Q1 on lower demand

Interfor cuts back production by 8% for Q1 on lower demand

BURNABY, B.C. — Interfor Corp. says it will reduce lumber production by at least eight per cent of capacity in the first quarter as market uncertainty affects demand. The Burnaby, B.C.
Teck ordered to pay $2.2M for Columbia River pollution

Teck ordered to pay $2.2M for Columbia River pollution

An investigation found the effluent was caused by an acidic solution leak from the company's fertilizer operations.
B.C. should consider ending stumpage timber fees, MLA says

B.C. should consider ending stumpage timber fees, MLA says

Rustad says forestry uncertainty scaring away investors, proposes tax system to reward value-added producers
Family sawmill in Midway shutting down

Family sawmill in Midway shutting down

Vaagen family sawmill, starved of fibre, is shutting down indefinitely
Cenovus says extreme winter weather affected refinery production

Cenovus says extreme winter weather affected refinery production

CALGARY — Cenovus Energy Inc. says its refinery throughput for the fourth quarter of 2022 and the first quarter of 2023 will be weaker than expected.
Energy price volatility to continue in 2023 amid geopolitical uncertainty: Deloitte

Energy price volatility to continue in 2023 amid geopolitical uncertainty: Deloitte

TORONTO — Deloitte says energy prices will likely be volatile in the first quarter of 2023 as geopolitical uncertainty continues.
NorthWest Copper's economic assessment proposes $567.9M copper/gold mine

NorthWest Copper's economic assessment proposes $567.9M copper/gold mine

Twelve-year lifespan predicted for combined open-pit/underground operation, 290 km northwest of Prince George
Vermilion Energy raises quarterly dividend, plans $570M capital budget for 2023

Vermilion Energy raises quarterly dividend, plans $570M capital budget for 2023

CALGARY — Vermilion Energy Inc. raised its dividend by 25 per cent as it announced a $570 million capital budget for 2023.
Was jet fuel from China made from Russian oil?

Was jet fuel from China made from Russian oil?

Delivery of jet fuel from China raises questions about loopholes in sanctions
Site C dam more than 70% complete

Site C dam more than 70% complete

Dam on schedule for first power in 2024, completion in 2025 after 'busiest construction season yet', says BC Hydro