Zurich Insurance Group's new policy comes after Canada’s regulator of financial institutions issued a statement asking all insurers to develop a low-carbon transition strategy.
A report compiled by Environment Canada shows that four fossil fuel facilities in northern Alberta produced far more carbon dioxide and other pollutants than they are required to report under international guidelines.
Canada's oilsands sector, the country's fastest growing source of greenhouse gases, now produces more pollution than the entire economies of B.C. or Quebec.
One of the country's largest oilsands companies is facing federal charges in the death of 31 great blue herons at one of its mine sites in northern Alberta more than two years ago.
The U.S. film star and Oscar winner said she made the visit to learn about the impact of oilsands development on First Nations and to support their opposition to pipelines.
The scientists say at least 10 of 15 identified impacts from oilsands expansion on oceans are “certain” to happen from new coastal development, ocean shipping, climate change and the risk of spills.
Canadian Natural Resources is planning to complete the last major component of its Horizon oilsands expansion by the end of next year as part of a $3.9−billion capital spending program.
A Norwegian oil giant is selling off its assets in Canada's oilsands, just after the federal government approved new pipelines that were meant to promote growth in the slumping industry.
Chief Allan Adam says inaction from the provincial government is forcing his First Nation to reactivate a court challenge to an approval for a major oilsands pipeline already under construction.
