The boards of Canada’s largest pension funds are already inundated with fossil fuel connections and the Ontario Teachers’ Pension Plan is about to add a former executive with ongoing ties to the industry to the mix.
Construction on the Woodfibre LNG project in Squamish, B.C., is set to take off in 2023 but the “curious and gregarious” nature of sea lions could make the construction “neither technically nor economically feasible.”
His decade at the helm of Enbridge was a tumultuous one for the broader industry, featuring everything from boom-time growth in 2012-14 to the contentious politics and protests surrounding North American pipeline projects to the oil price crash of 2014-15.
The Line 5 pipeline has won a stay of execution in Wisconsin, where a federal judge sided with an Indigenous group's complaint but stopped short of ordering the controversial cross-border energy link shut down entirely.
For the second time in a year, the federal government is invoking a little-known 1977 energy treaty between Canada and the United States in an effort to prevent a federal court from shutting down the Line 5 pipeline.