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Home>Posts Tagged Bank of Canada

Tag: Bank of Canada

LNG Canada to use Chinese Steel on $33B expansion project in Kitmat, B.C.

October 2, 2026 Clark Savage40

LNG Canada will again source major modules from a Chinese state-owned fabricator for its $33 billion Phase 2 expansion in Kitimat, B.C., even as Canadian primary steel producers idle lines and issue layoff notices under U.S. tariffs and persistent import pressure. Prime Minister Mark Carney has left the steel decision to the project owners while […]

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Fed Raises Rates Following Past Mistakes: A Supply Shock Treated as a Demand Problem

September 16, 2026 Clark Savage76

On September 16, 2026, the Federal Reserve raised the federal funds target range by 25 basis points to 3.75–4.00 percent, its first hike since July 2023. The decision was unanimous. Chair Kevin Warsh and the FOMC cited elevated inflation and said the move would support a “timelier return” to the 2 percent goal. Economic activity […]

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Energy News Beat is your go-to source for global energy news, covering oil, gas, renewable energy, and market trends. We provide timely updates, expert insights, and in-depth analysis to keep you informed on the latest developments shaping the energy industry.

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  • Venezuela’s Cardón Refinery Halted After Fire, Taking 310,000 bpd Offline

    October 7, 2026October 7, 2026 Clark Savage
  • Trump Eases Limits on Dyed Diesel in Bid to Cut Fuel Costs

    October 6, 2026October 6, 2026 Clark Savage

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