Lafarge Canada Inc. Celebrates 40 Years Of Building Better Cities And Communities Around The Great Lakes
Cutler,Guest blogger / October 4, 2013 Pipelines carrying steam to wellheads and heavy oil back to the processing plant line the roads and boreal forest at a project 74 miles south of Fort McMurray, Alberta, in Canada. Todd Korol/Reuters/File Enlarge Asian countries continue to line up for Canadian energy to which the United States is unable to commit. This week Japan ‘s prime minister Shinzo Abe met with his Canadian counterpart Stephen Harper to discuss the potential for shipping liquefied natural gas (LNG) across the Pacific Ocean to Japan. Although no firm agreement was announced, Japanese newspapers speculated that the first Canadian exports might reach Japan as early as 2018 and no later than 2020. OilPrice.com offers extensive coverage of all energy sectors from crude oil and natural gas to solar energy and environmental issues. To see more opinion pieces and news analysis that cover energy technology, finance and trading, geopolitics, and sector news, please visit Oilprice.com . Recent posts The Christian Science Monitor Weekly Digital Edition This reflects, among other things, the greater difficulty that Canada has had in developing LNG export terminals. Low prices for gas from western Canada is another problem, and although there is reason to believe in a secular rise towards higher prices, U.S. producers are less affected by the current levels. On the other hand, as prices rise, there are fears in Canada of a typical bust-to-boom scenario; and for this, there is fear that Canada’s gas producers are and will continue to be ill-prepared, not even able to take advantage of the anticipated boom. (Related article: Despite Shale, OPEC Still Matters ) RECOMMENDED: US energy in five maps (infographics) Nevertheless, India is also getting in line for Canadian oil as well as gas. India’s High Commissioner Nirmal Verma was also in Ottawa this week to sign a nuclear cooperation agreement allowing uranium from Canada to be sold to India as reactor fuel. India seeks to triple in electricity production in the next decade, in part by building as many as a dozen new reactors. Agreement was actually reached three years ago, but the additional time is required in order to establish a process for independent verification that the fuel is used for peaceful purposes. In 1974, India used a reactor supplied by Canada to create the fuel for a nuclear bomb test. India is even willing to consider investment in the Energy East Pipeline, even as TransCanada has had to delay its filing of an application to the National Energy Board from this year until next year. Environmental concerns that need to be addressed during the regulatory process are partly responsible for the delay, but also it is now foreseen that the original estimate of 850,000 barrels per day (bpd) is low and should be increased to 1.1 million bpd. (Related article: Canada to Drill for Offshore North Atlantic Oil ) Energy talks between the two countries were elevated to the ministerial level last year when our visit India, and India’s energy minister will be visiting Ottawa later this month to continue the discussions. The oil-sands are doing slightly better, as the first crude-by-rail unit train terminal is set to start transporting 50,000 bpd to the U.S.
ABOUT LAFARGE CANADA INC. Lafarge Canada Inc. is Canada’s largest provider of solutions to the construction and development industry. With more than 6000 employees across Canada, our mission is to provide construction solutions that build better cities and communities. The cities where Canadians live, work, and raise their families along with the infrastructure that supports their communities such as roads, bridges, transportation links, water, and waste management benefit from the solutions provided by Lafarge. Through our Sustainability Ambitions for 2020, Lafarge is committed to providing solutions using sustainable manufacturing practices and improving the environment in and around its operations. At locations across Canada, we have worked to reduce carbon dioxide emissions, restore wetlands for native plants and animals, and identify waste materials that can be recycled and used in our operations. More information is available on Lafarge Canada’s website: www.lafarge-na.com @yahoofinance on Twitter, become a fan on Facebook Related Content Chart Your most recently viewed tickers will automatically show up here if you type a ticker in the “Enter symbol/company” at the bottom of this module. You need to enable your browser cookies to view your most recent quotes. Search for share prices Terms Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges . Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page .
Shriveled BlackBerry Has Canada Needing Research Driver
is Canadas biggest spender on research and development over the past 12 months at C$1.49 billion ($1.44 billion), according to data compiled by Bloomberg, more than four times the amount of the second-place company, Montreal-based Bombardier Inc. Without BlackBerry, Canada wouldnt have a company among the worlds top 300 R&D spenders on research and development. The firm said Sept. 27 it cut such spending in the first six months of its fiscal year by 2 percent from a year earlier, to $718 million. During this transition period, we are refocusing our business to ensure we have the right investments and resources in the right places so that we continue to innovate and stay competitive, the company said in an e-mail in response to a question about whether its research budget would be cut more. Canadas technology companies outperformed the rest of the economy since 2007 by largely escaping the 2009 recession. The industry has accounted for 7.5 percent of Canadian output growth since 2007, and its employees earn 50 percent more than the economy-wide average wage, according to Industry Canada data . Novel Products Canada will rely on these types of companies to conjure up new products and services, to find novel uses for existing products and to develop new markets, according to a 2011 panel report on business innovation for the government that was led by Tom Jenkins , chairman of Open Text Corp., a business software company based in Waterloo that draws its name from a text-search technology developed through a University of Waterloo project. These fruits of innovation are the tools that will ensure Canadas success in the twenty-first century. Economic expansion has slowed since late 2011, hobbled by weak global demand for the countrys exports. Bank of Canada Senior Deputy Governor Tiff Macklem cut the banks growth forecast for the rest of the year earlier this week, and said a rotation of growth toward investment and exports has proved elusive. For policy makers like Macklem and Finance Minister Jim Flaherty , BlackBerry is a company that had been doing all the right things — spending on innovation and focusing on faster-growing emerging markets like Indonesia and Brazil . Even there, sales have soured. Revenue from Latin America plunged 62 percent last quarter from a year earlier, and sales in the Asia-Pacific region tumbled 28 percent. Obamas CrackBerry In its prime, BlackBerry produced a smartphone so cool and addictive it was nicknamed the CrackBerry, with high-profile devotees like U.S.