Carney and Trump hold private tariff talks
At Issue this week: Sources tell CBC/Radio-Canada that Carney and Trump have shared private calls and texts about tariffs. Premiers pitch their infrastructure projects to the prime minister. And does a new border security bill go too far?
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Globe and Mail
13 minutes ago
- Globe and Mail
Keyera Announces Sanctioning of KAPS Zone 4 and Provides Other Commercial Updates
CALGARY, AB , /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today the formal sanctioning of KAPS Zone 4, a strategic extension of its integrated system. This expansion strengthens Keyera's connectivity to the growing liquids-rich Montney regions of northeast British Columbia and northwest Alberta , some of the most active and resource-rich areas in North America . "The sanctioning of KAPS Zone 4 marks another important milestone in the execution of our strategy to grow and extend our value chain," said Dean Setoguchi , President and CEO. "This project reflects strong customer demand for our fully integrated service offerings and our ability to connect to valuable end-markets. By enhancing connectivity and optionality, Zone 4 strengthens our competitive position and delivers greater value to our customers." KAPS Zone 4 is an 85-kilometre extension of the existing KAPS pipeline, connecting Pipestone to Gordondale, Alberta . It will connect to NorthRiver Midstream's Northeast BC Connector project. Together, these systems offer Montney producers a fully integrated and cost-effective route from northeast British Columbia to Fort Saskatchewan area fractionation and Keyera's industry-leading condensate hub. The capital cost of KAPS Zone 4 is expected to be $220 million (net to Keyera), which includes investments in additional pumping capacity on KAPS Zones 1 to 3. The project is targeted to enter service in mid-2027. The project is backed by long-term transportation agreements with several investment-grade Montney producers, averaging 11 years in duration and 75% take-or-pay commitments. The agreements include downstream services such as fractionation, storage, transportation, and marketing, further demonstrating the value of Keyera's integrated offering. Keyera has secured over 75,000 barrels per day of new contracted volumes across KAPS Zones 1 through 4 in recent months, with substantially all volumes also committed to incremental downstream services. Keyera's current and future fractionation capacity, which includes the Fort Saskatchewan Fractionation Unit II debottleneck and the Fort Saskatchewan Fractionation Unit III expansion project, is now substantially fully contracted, supporting strong utilization and returns across the system. Investments in Zone 4 and fractionation expansions directly contribute to the growth of Keyera's long-term, fee-for-service cash flows, supporting continued sustainable dividend growth. In response to growing volumes across Keyera's integrated system, Keyera has entered into an agreement with AltaGas to export an additional 12,500 barrels per day of natural gas liquids via AltaGas' west coast export facilities starting in 2028. This builds on the 12,500 barrels per day announced earlier this year. The agreement will further strengthen Keyera's ability to offer its customers more diversified market access for LPGs, including premium Asian markets, while providing AltaGas with long-term ratable export volumes and cash flows. About Keyera Corp. Keyera Corp. (TSX: KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of expertise in delivering energy solutions. Its predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage and marketing; iso-octane production and sales; and an industry-leading condensate system in the Edmonton / Fort Saskatchewan area of Alberta . Keyera strives to provide high quality, value-added services to its customers across North America and is committed to conducting its business ethically, safely and in an environmentally and financially responsible manner. Forward-Looking Statements This news release contains certain statements that constitute forward-looking information within the meaning of applicable Canadian securities legislation (collectively, "forward-looking information"). Forward-looking information is typically identified by words such as "anticipate", "expect", "may", "will", "can", "should", "would", "plan", "intend", "believe", "target", and similar words or expressions, including the negatives or variations thereof. All statements other than statements of historical fact contained in this document are forward-looking information including, without limitation, statements regarding the cost and timing of the KAPS Zone 4 project; the impact of this project on Keyera's stand-alone project return on capital target; the results of additional contracting discussions with third parties and the expected impact on future volumes on KAPS; and expectations around the impact of the agreement with AltaGas on market access. All forward-looking information is based on a number of risks, expectations, assumptions and uncertainties that Keyera has used to develop such information, but which may prove to be incorrect. Such risks, expectations, assumptions and uncertainties include, without limitation, general industry, market and economic conditions; activities of customers, producers and other facility owners; actions by joint venture partners or other partners which hold interests in certain of Keyera's assets; counterparty performance and credit risk; reliance on third parties; actions by governmental authorities; and the ability to obtain regulatory, stakeholder and third-party approvals. Further information about the factors affecting forward-looking information and management's assumptions and analysis thereof, is available in Keyera's Management's Discussion and Analysis for the year ended December 31, 2024 and in Keyera's Annual Information Form available on Keyera's profile on SEDAR+ at While Keyera believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because Keyera can give no assurance that such expectations will prove to be correct. Readers are cautioned that the foregoing list of important factors is not exhaustive, and they should not unduly rely on the forward-looking information included in this press release. Further, readers are cautioned that the forward-looking information contained herein is made as of the date of this press release. Unless required by law, Keyera does not intend and does not assume any obligation to update any forward-looking information. All forward-looking information contained in this press release is expressly qualified by this cautionary statement. Additional Information For more information about Keyera Corp., please visit our website at or contact: Dan Cuthbertson , General Manager, Investor Relations Katie Shea , Senior Advisor, Investor Relations
Montreal Gazette
15 minutes ago
- Montreal Gazette
Anti-Trump group plans rally June 24 to celebrate Maine-Quebec Friendship Day
By Susan Schwartz A rally celebrating June 24 as Maine-Quebec Friendship Day is to take place at the state capitol, in Augusta, and its principal organizer wants Quebecers to know 'we in Maine value our relationship with the people of Quebec.' 'We believe it's very important that the people know how much we value and love them and love Quebec and Quebecers,' said Louis Sigel, who lives in Gardiner, just outside Augusta. The rally, to begin at noon and last about 90 minutes, is intended as an opportunity to celebrate the relationship of Maine residents with their Quebec neighbours, and also 'to protest against tariffs and the attitude of our federal government to cause friction with Canadians, who we care about a great deal,' Sigel said. 'We really want the people in Quebec to know that we don't like the government in Washington and what they are trying to do. We strongly believe in free trade. We think the agreement of free trade with Canada should be abided by and we especially have a strong feeling for Quebec. 'We want to emphasize that we are not like the people in Washington and certainly we are not like (United States President Donald) Trump. Tariffs are absolutely the worst possible economic policy for Maine,' Sigel said. 'We are protesting the attempts to destroy our democracy and establish a monarchy under Trump.' The rally is being organized by Indivisible, a progressive movement and organization formed in 2016 in response to Trump's election to a first term. Sigel, 81, is the lead organizer for Indivisible for Kennebec and Somerset counties. He said he has asked for a resolution from the legislature establishing June 24, Fête nationale, as Maine-Quebec Friendship Day and a proclamation from Maine Gov. Janet Mills. Indivisible held rallies in Augusta on International Women's Day and May Day. In addition to a permit for the rally on June 24, it has permits for rallies on July 14, Bastille Day, and on Aug. 18 celebrating the 105th anniversary of the 19th Amendment to the U.S. Constitution, which guaranteed women the right to vote. 'And we intend to have a rally almost every month to fight this government until we have Democratic control in Congress,' Sigel said. Maine's state legislature has a strong Franco-American caucus, he said. 'The largest ethnic minority in Maine is franco, especially in St. John Valley, along the border with New Brunswick, and there are families on both sides of the border who are related,' Sigel said. 'Every summer, there is a big Acadian festival in Madawaska, which is right on the border with New Brunswick ... Edmundston has a jazz festival and people go back and forth across the border.' There is a strong Franco-American presence in Maine, descended from the St. John River Valley Acadians, who settled in the north of the state after being expelled from the Maritimes by the British, and French-Canadians who came from Quebec in the 19th century seeking better employment opportunities, mainly in the mills, and stayed. Sigel, who majored in Chinese studies at Yale University and earned a PhD in history from Harvard University, spent much of his university teaching career in Australia. On returning to North America in the early 1980s, he taught in Missouri and Kentucky before being hired at Colby College in Maine to replace a professor on a sabbatical; he loved Maine and decided to stay. For more than a decade, he has owned a house on Île d'Orléans, an island in the St. Lawrence River near Quebec City and one of the first parts of the province to be colonized by the French. A large percentage of French-Canadians can trace their ancestry to the island's early residents. Sigel enjoys the winter carnival in Quebec City and the Festival d'été de Québec, and also appreciates the changing colours of leaves in autumn. He especially loves the food on Île d'Orléans. 'I think Quebec is the nicest place in North America,' he said.
National Post
17 minutes ago
- National Post
NDP MPP Lise Vaugeois to Join WSIB Strike Picket Line in Thunder Bay
Article content THUNDER BAY, Ontario — NDP MPP for Thunder Bay–Superior North, Lise Vaugeois, Shadow Minister for Seniors and Accessibility, with responsibility for WSIB and Injured Workers, will join the picket line at 605 Sibley Drive on Monday, June 9, 2025, in support of 3,600 striking WSIB workers represented by the Ontario Compensation Employees Union (OCEU/CUPE 1750). OCEU/CUPE 1750 members, have spent over two weeks on strike, are calling for fair wages, safer workplaces, and an end to the outsourcing of Ontario jobs to U.S.-based firms. Article content Article content The picket line will run from 9:00 a.m. to noon, with MPP Vaugeois expected to arrive at 10:00 a.m. to deliver remarks. Article content 'Instead of listening to injured workers and front-line employees, WSIB management and the Ford government decided to shut them out and contract out critical services to the US. Now injured workers are paying the price with delays and backlogs while employers pocket millions in unjustified rebates. Ontarians deserve better,' said Lise Vaugeois, MPP for Thunder Bay–Superior North. 'This is the sixth time I've publicly stood with CUPE 1750, and I continue to call on WSIB management to return to the table and deliver a fair deal that respects staff and ensures injured workers get the support they deserve.' Article content Since the strike began, MPP Vaugeois has been a vocal advocate at Queen's Park, raising workers' concerns in the legislature and pressing the Ford government to address the ongoing WSIB crisis. Article content 'MPP Vaugeois has been an incredible ally, bringing our picket lines into Queen's Park and hammering the government on our behalf,' said Harry Goslin, President of OCEU/CUPE 1750. 'It's a great pleasure to now have her join us on the line in person. Her support means a great deal to our members in Thunder Bay and across Ontario.' Article content OCEU/CUPE 1750 members continue to face chronic understaffing, stagnant wages, and growing pressure to outsource essential public services. The union is calling on the Ford government and WSIB leadership to invest in frontline workers and protect good, unionized jobs in Ontario. Article content Article content Article content Article content Article content Article content
