Business News from Canada
- PotashCorp takeover bid to get review
Saskatchewan Energy Minister Bill Boyd says the province has commissioned an independent review of any takeover of PotashCorp.
- Fuel tanker aground in Northwest Passage
A fuel tanker carrying more than nine million litres of diesel fuel has run aground in the Northwest Passage, the Canadian Coast Guard has confirmed.
- No oil leak seen at Gulf of Mexico blast
The U.S. Coast Guard says there are no signs so far that oil has spiiled from the site of an oil platform explosion Thursday in the Gulf of Mexico.
- Chinese seek Alberta help in PotashCorp bid
Alberta's pension fund manager has been approached by state-owned wealth funds from China to consider joining a bid for fertilizer giant PotashCorp, but it said Thursday it intends to stay on the sidelines for now.
- PQ calls for shale gas moratorium
The opposition Parti Québécois is demanding an immediate moratorium on drilling and exploration for shale gas in the province.