High-Stakes Parkland-Sunoco Deal Amid U.S.-Canada Tensions and Scrutiny
Tuesday, May 13, 2025, 3:22 pm permalink
In a deal worth $9.1 billion, Dallas-based Sunoco’s bid for Calgary’s Parkland Corp. comes under intense examination as new national security guidelines stir concerns over economic sovereignty. With U.S.-Canada relations already on edge, the deal finds itself under a microscope—proving billion-dollar deals are never just business as usual.
permalink / 2 stories from sources in 4 weeks #usrelations #business #energy #canada
More Top Stories...
Government forces a union vote on Canada Post offer
Federal officials are breaking the deadlock between Canada Post and its union by mandating a vote on the latest offer. The government’s decisive intervention aims to overcome prolonged negotiations, leaving postal workers and industry watchers both hopeful and skeptical about the future of labor relations in the postal service. More...
Supreme Court to review Facebook privacy ruling
The Supreme Court of Canada is set to examine a decision finding that Facebook breached federal privacy law by failing to adequately inform its users. Court proceedings are expected to scrutinize the legal standards governing digital privacy, setting a precedent for accountability in the tech industry. More...
Canada Faces Billions Investment Gap to Meet Critical Mineral Demand
A recent report warns that Canada will need up to $30-billion by 2040 to meet its soaring demand for key minerals. The study highlights a serious funding shortfall amid global competition and stringent climate policies, urging coordinated industry and government action to secure sustainable resource development. More...
Mi’kmaw Chiefs protest uranium exploration without consultation
Mi’kmaw Chiefs in Nova Scotia are vociferously opposing uranium exploration projects that have advanced without proper consultation with Indigenous communities. They warn that bypassing environmental and community input risks further damaging relationships and call for immediate, respectful, and responsible resource management practices. More...
Newfoundland hydrogen firms falter amid industry hype cooling
Recent reports highlight that several Newfoundland hydrogen companies are now behind on their land fee obligations, collectively owing millions. The financial strain comes as industry enthusiasm cools, casting doubt on overly optimistic projections and underscoring the challenges faced by green energy ventures in meeting their fiscal commitments. More...
Related Tags
US Relations
U.S. Embassy Staff Withdrawals Amid Rising Middle East Tensions (24 hrs)
Canada-U.S. Negotiations Intensify Over Economic and Security Deal (29 hrs)
Trump announces US-China trade framework pending final approval (36 hrs)
Business
SAAQ contract marred by red flag warnings before signing (27 hrs)
Alberta seeks investor for coastal oil pipeline project (27 hrs)
BC Ferries Awards New Vessel Contract to Chinese Shipyard (29 hrs)
Energy
Christina Lake production rebounds after wildfire disruptions in Alberta (9 hrs)
Newfoundland hydrogen firms falter amid industry hype cooling (12 hrs)
Alberta seeks investor for coastal oil pipeline project (27 hrs)
Canada
Christina Lake production rebounds after wildfire disruptions in Alberta (9 hrs)
Canada’s 2025 wildfire season ranked second worst in national records (9 hrs)
Ontario Lotto Max winner embarks on global luxury train journey (9 hrs)