12:40:20 EST Thu 05 Feb 2026
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Suncor Energy Inc
Symbol SU
Shares Issued 1,193,519,494
Close 2026-02-04 C$ 72.00
Market Cap C$ 85,933,403,568
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Post says CNRL, others see Smith call the shots in B.C.

2026-02-05 08:20 ET - In the News

See In the News (C-CNQ) Canadian Natural Resources Ltd

The Financial Post reports in its Thursday edition that Alberta is homing in on potential routes for a proposed new oil pipeline to the coast of British Columbia. A Bloomberg dispatch to the Post reports that Premiere Danielle Smith says there are "five different ports that are in consideration right now." Her government wants to add enough capacity to carry an additional one million barrels a day to an ocean port, from which it could be shipped to Asian buyers. Alberta has launched technical studies on the project in an attempt to get it approved faster by the federal Major Projects Office. Ms. Smith has ruled out the B.C. town of Kitimat as an end point, calling the remote community at the end of windy fjords "too complex" for oil tankers. Her criteria suggest Prince Rupert may be the top option. The northern city is already home to Canada's third-largest port after Vancouver and Montreal. It is a key exit point for Alberta commodities such as grain, propane and plastics, as its location gives it faster shipping times to Asia than further south. Ms. Smith says, "Maybe it makes more sense to take it up to an area where there's less congestion and it might allow for additional export of other items.

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