05:06:38 EDT Tue 01 Jul 2025
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Suncor Energy Inc
Symbol SU
Shares Issued 1,222,627,554
Close 2025-06-16 C$ 55.21
Market Cap C$ 67,501,267,256
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Globe says TC Energy hears call for "trade corridor"

2025-06-17 08:56 ET - In the News

See In the News (C-TRP) TC Energy Corp

The Globe and Mail reports in its Tuesday edition that Alberta and Saskatchewan's premiers are advocating for increased energy infrastructure, including a port-to-port project in Canada's North, to support Prime Minister Mark Carney's energy-security talks at the G7. The Globe's Emma Graney writes that Saskatchewan and Alberta premiers Scott Moe and Danielle Smith support a trade corridor to facilitate Canadian goods reaching Asian markets. Mr. Moe says, "It's much larger than just the next pipeline to actually have this port-to-port corridor." He says it would provide economic opportunities to Western Canada and, by extension, the entire country, by dramatically increasing the value of exports over the next 20 to 50 years. Ms. Smith says that creating a corridor that partners with the build-out of roads, transmission lines, rail lines, and oil and gas pipelines is "a perfect marriage of all of the different infrastructure we need" for Canada to become an energy superpower. Mr. Moe believes the Group of Seven meeting in Alberta presents a good opportunity for Mr. Carney to assess policies to attract investment across various sectors, including energy, uranium mining, nuclear, lithium and critical minerals.

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