100.1 GO FM - We're Your Feel Good Pop Station

BEFORE THE BELL: Trudeau government committed to putting Trans Mountain pipeline back in private hands

Finance Minister Bill Morneau says the government remains committed to putting the Trans Mountain pipeline and its proposed expansion back in private hands.

The Trudeau government bought the project from Kinder Morgan for 4.5-billion dollars.

Morneau unveiled four principles for including Indigenous groups in those discussions in a speech in Calgary.

However, he says timing and details of the sale of the pipeline depend on when it is “de-risked” and therefore can’t be determined until current consultations with affected Indigenous groups are completed.

On the markets, after heavy losses on Friday, the TSX shed another 23 points to close Monday.

Oil fell twenty-two cents to $58.82 U.S. a barrel.

Gold proved popular, jumping .8 per cent to $1,322, its highest close since February 26th.

The loonie crept up 14/100ths of a cent to $0.7461 U.S.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Black communities, cultures of the North celebrated and honoured in YK

“We choose February which is the coldest month to celebrate. It's a month where we celebrate Black excellence, where we celebrate community and what we stand for as a people,” said Gilbert Langsi.

Joint Task Force North begins annual Edmonton-YK route this weekend

“Motorists are asked to use caution when travelling near these vehicles and to pass safely. The convoys are not expected to disrupt traffic, as they will move in small groups with spacing between vehicles to support safe travel,” read an announcement from Canadian military officials.

Yellowknife older adult community build “connection” as “ongoing mission”

“I always felt that a small pub in the Avens pavilion would be an ideal place for residents to socialize, watch a playoff hockey game, chat with fellow residents, or join friends for a cold one. When Ronne Heming and I sold our publishing company, we decided to sponsor the pub at Avens. As seniors, we both agreed it could help overcome loneliness, especially for fellow seniors who are living alone,” said Marion Lavigne

Dene Nation calls for Indigenous sovereignty and autonomy in far North

“This movement is not merely a political ambition but a profound journey towards reclaiming sovereignty, reviving cultural heritage, and dismantling colonial legacies,” said Chief Mackenzie. “Independence is seen as a pivotal step in overcoming this history, allowing for a resurgence of Inuit traditions and self-determination. The Dene Nation recognizes the importance of cultural sovereignty and stands in solidarity with Greenland's efforts to reclaim its identity,” added the chief. 

CanNor announces $2.8 million investment in AI

The Canadian Northern Economic Development Agency (CanNor) will invest $2.8 million in digital literacy and artificial intelligence adoption projects in northern communities.