MONEY – USA DAILY NEWS

‘Potential catastrophe’: Rail blockades disrupt supply chains for food — which may lead to grocery shortages

Manufacturers are scrambling to deliver products, industry associations are warning of potential shortages of food items, propane, and chlorine for water treatment, and mining companies are curtailing production as rail blockades by Indigenous groups and environmental activists continue to paralyze Canada’s transportation infrastructure.Canadian National Railway began shutting down all operations in Eastern Canada and Via…

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Alberta Premier fears Coastal GasLink blockades crippling rail service are “dress rehearsal’ for future fights

CALGARY — Alberta Premier Jason Kenney says he’s concerned that blockades in support of First Nations opponents to a northern British Columbia natural gas pipeline are a “dress rehearsal” for opposition to future energy projects.Demonstrations have blocked railways, ports and bridges across the country in solidarity with hereditary chiefs fighting the Coastal GasLink project that…

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Alberta fires back at First Nations chief critical of province’s consultation on Frontier oilsands project

CALGARY — Ahead of a sit-down meeting with Indigenous chiefs on Wednesday, the Alberta government is taking the unusual step of firing back at a First Nations chief who has been critical of how the province handled Indigenous consultations on Teck Resources Ltd.’s $20.6-billion Frontier oilsands mining project.Earlier this week, Athabasca Chipewyan First Nation Chief…

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Pipeline protest expansion makes waves across Canada

EDMONTON/TORONTO — Police arrested protesters occupying Wet’suwet’en land over the construction of the Coastal GasLink pipeline on Monday, as activists disrupted trade and travel plans across the country in a bid to draw attention to the dispute.It marks a noted expansion of the protests that had, mostly, been isolated deep in the B.C. interior, roughly…

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What went wrong at Bombardier? Everything

Newly installed Bombardier Inc. boss Alain Bellemare struck a confident tone when he addressed Wall Street analysts in person for the first time two days before the 2015 U.S. Thanksgiving.“The potential for Bombardier is great,” Bellemare said at his maiden investor day, speaking from a podium overlooking a crowded Manhattan hotel ballroom. “We have developed…

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Rejecting Teck oilsands project would send ‘devastating’ message to investors: Kenney warns Ottawa

A rejection of Teck Resources Ltd.’s enormous oilsands project would draw a very serious response from Alberta and send a “devastating” message to global investors, Premier Jason Kenney said Friday.The federal government must decide by month’s end whether to approve Teck’s $20.6-billion Frontier Mine, which is expected to employ 7,000 workers in the heartland of…

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