Gordon Pape: Pipelines have performed better than most during the market pull-back. Here are three to consider

Gordon Pape: Pipelines have performed better than most during the market pull-back.  Here are three to consider

Almost all stocks decline in a bear market, but pipeline companies are doing better than most. The reason is twofold. For starters, global demand for oil and natural gas is keeping their lines full and their pumps working at maximum capacity. There’s no indication this will end soon, even with growing talk of a recession. … Read more

Rogers stands to gain nearly half a million customers as part of deal to sell Freedom Mobile

Rogers stands to gain nearly half a million customers as part of deal to sell Freedom Mobile

Although Rogers plans to sell Freedom, the Competition Bureau has argued that separating the wireless carrier from Shaw’s cable network would reduce Freedom’s ability to compete.Spencer Colby/The Globe and Mail Rogers Communications Inc. RCI-BT stands to pick up 450,000 new cellphone clients as part of its agreement to sell wireless carrier Freedom Mobile to Quebecor … Read more

WestJet refocusing routes, growing presence in Western Canada

WestJet refocusing routes, growing presence in Western Canada

The WestJet Group says it plans to refocus its routes and fleet on Western Canada. The Calgary-based airline says in the wake of a strategic review, it has decided to shift resources to grow its presence in the West. It says it will add routes to more communities and center its existing wide-body 787 Dreamliner … Read more

Aggressive wireless competition, lower prices drives Quebecor CEO’s thirst for Freedom Mobile

Aggressive wireless competition, lower prices drives Quebecor CEO’s thirst for Freedom Mobile

Pierre Karl Péladeau, president and CEO of Quebecor, speaks with reporters in Ottawa on May 31.PATRICK DOYLE/The Canadian Press Pierre Karl Péladeau wants the rest of Canada to look like Quebec. Deep in talks with Rogers Communications Inc. RCI-BT to buy cell phone network Freedom Mobile and transform his regional telecom company into a national … Read more

Lumber prices are falling, but don’t expect prepandemic level markdowns for your next DIY project

Lumber prices are falling, but don’t expect prepandemic level markdowns for your next DIY project

Kerrisdale Lumber employee Max Swan at one of their storage yards in Vancouver British Columbia, June 6, 2022.Jimmy Jeong/Jimmy Jeong/www.jimmyshoots.com Consumers will likely see cheaper lumber this summer but shouldn’t expect prepandemic prices, as many retailers will still have leftover stock purchased at higher prices and producers are avoiding flooding the market. Wholesale lumber prices … Read more

BC engineer banned for ‘incompetence’ on design of rental highrise

BC engineer banned for ‘incompetence’ on design of rental highrise

A British Columbia engineer has been banned from the profession and fined because a highrise he designed in Langford, BC, was so unsafe that his occupancy permit had to be revoked. Engineers and Geoscientists BC, the regulatory body for the professions, says Brian McClure admitted in a consent order that the structural design drawings for … Read more

Lumber prices drop as interest in do-it-yourself renovations cools off

Lumber prices drop as interest in do-it-yourself renovations cools off

Lumber markets have been on a roller-coaster ride, after the COVID-19 pandemic initially eroded demand in the first half of 2020.DARRYL DYCK/The Canadian Press Lumber prices have tumbled over the past 10 weeks as consumers retreat from do-it-yourself projects and builders slow the pace of housing starts. Despite the 46-per-cent drop in prices since mid-March, … Read more

Vancouver could be on cusp of a ‘generational change’ as city council eyes approval of Broadway, Vancouver plans

Vancouver could be on cusp of a ‘generational change’ as city council eyes approval of Broadway, Vancouver plans

Vancouver city council is expected to make a decision on whether to approve a condo tower at the corner of Granville and Broadway in a neighborhood that has never had that kind of density.JENNIFER GAUTHIER/The Globe and Mail In the past 30 years, Vancouver has added enough people to its downtown peninsula to fill up … Read more

Alberta Health Services CEO removed as provincial government forges ahead with plans to revamp care

Alberta Health Services CEO removed as provincial government forges ahead with plans to revamp care

CEO of Alberta Health Services Dr. Verna Yiu provides a COVID-19 update in Edmonton, on Sept. 3, 2021.JASON FRANSON/The Canadian Press Alberta’s health authority has removed its chief executive officer, as the government argues that “renewed” leadership will help propel its plans to revamp care in the province. Alberta Health Services, which is structured as … Read more

Traces of giant crocodile discovered at BC road cut

Traces of giant crocodile discovered at BC road cut

Parallel lines seen in sandstone are the traces made by the claw of a giant crocodile that scraped along the muddy bottom of a prehistoric waterway in what is now northeastern British Columbia.Charles Helm/Handout Long before grizzly bears and mountain lions roamed the wilds of northeastern British Columbia, carnivores that were best avoided in the … Read more