08:29:34 EST Wed 04 Dec 2024
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Suncor Energy Inc
Symbol SU
Shares Issued 1,281,510,650
Close 2024-07-16 C$ 52.50
Market Cap C$ 67,279,309,125
Recent Sedar Documents

NP/CP say Suncor, rivals hear 2028 oil ban proposed

2024-07-17 08:31 ET - In the News

Also In the News (C-CNQ) Canadian Natural Resources Ltd
Also In the News (C-IMO) Imperial Oil Ltd
Also In the News (C-MEG) MEG Energy Corp

The National Post reports in its Wednesday, July 17, edition that Ottawa intends to ban the installation of oil furnaces in new construction as soon as 2028, Energy Minister Jonathan Wilkinson announced Tuesday. A Canadian Press dispatch to the Post reports that the federal government's planned phase-out of heating oil would be paired with more financial support for Canadians to purchase and install heat pumps instead. Liberal ministers say the Canada Green Buildings Strategy released Tuesday aims to drive energy efficiency improvements while addressing affordability and emissions. It seeks to accelerate retrofitting of existing buildings, ensure buildings are climate-resilient and use lower-carbon building materials and technology. In a statement Mr. Wilkinson described the document as "a plan to save Canadians money, create jobs and seize the economic opportunities that a clean and sustainable economy presents." He added that the pace and scale of the plan will meet Canadians where they are. Housing Minister Sean Fraser said that the measures in the strategy will improve longevity for both new and existing buildings.

© 2024 Canjex Publishing Ltd. All rights reserved.