High-Stakes Parkland-Sunoco Deal Amid U.S.-Canada Tensions and Scrutiny
Tuesday, May 13, 2025, 3:22 pm
In a deal worth $9.1 billion, Dallas-based Sunoco’s bid for Calgary’s Parkland Corp. comes under intense examination as new national security guidelines stir concerns over economic sovereignty. With U.S.-Canada relations already on edge, the deal finds itself under a microscope—proving billion-dollar deals are never just business as usual.
Dallas-based Sunoco's offer of $9.1 billion for Calgary-based Parkland Corp. is expected to subject to intense scrutiny at a time of fraught Canada-U.S. relations.
Ottawa recently announced updated national security guidelines under the Investment Canada Act to account for potential harms to Canada’s economic security
permalink / 2 stories from sources in 4 hours ago #usrelations #business #energy #canada
More Top Stories...
Carney unveils new cabinet amid mixed regional reactions and shifts
Prime Minister Mark Carney’s fresh cabinet lineup is sparking both accolades and criticism across the country. The new appointments—including an AI minister in a move that sees former broadcaster Evan Solomon take the helm—are being closely scrutinized for regional representation and policy direction. More...
Carney Shakes Up Government With a Slim Cabinet Reshuffle
Mark Carney is defying the status quo by unveiling a slimmed-down cabinet, featuring under 30 ministers and introducing several new political faces. This calculated shakeup at Rideau Hall is touted as a fresh break from the past, aiming to usher in a more business-minded era of governance. More...
Bloc Candidate’s One-Vote Loss Sparks Ballot Error Controversy in Terrebonne
A bitter political overturn gripped the Montreal riding of Terrebonne as a Bloc candidate, falling short by a single vote, questioned the integrity of the counting process amid reports of a postal code error and an uncounted mail-in ballot. Every vote counts—especially when it's off by one. More...
Alberta Minister Ric McIver Resigns Amid Speaker Vote Speculation
Alberta’s Municipal Affairs Minister Ric McIver has stepped down from the cabinet amid swirling speculation that he is eyeing the vacant Speaker’s position. The resignation, effective immediately, marks a shakeup in Premier Danielle Smith’s inner circle as an interim appointment prepares to manage his former responsibilities. More...
Alberta’s Separatist Referendum Debate Stokes Divisive Political Fire
Heated debate swirls as Premier Smith pushes for a 2026 separatist referendum in Alberta, sparking fierce criticism and concern over potential provincial disunity. Critics decry the gamble as reckless while supporters champion it as a bold step toward self-determination, illustrating Alberta’s volatile political climate with a mix of alarm and sardonic wit. More...
Related Tags
US Relations
Trump to lift sanctions on Syria in unexpected policy twist (6 hours ago)
Canada's ambassador pushes for tariff relief amid US trade talks (14 hours ago)
B.C. Fast-Tracks U.S. Nurse Registration for Healthcare Boost (26 hours ago)
Business
Hudson’s Bay secures creditor protection until July end (6 hours ago)
Honda Canada Halts $15-Billion EV Project Amid Market Concerns (11 hours ago)
Hudson’s Bay Bankruptcy Drama: Founding Charter at Risk (13 hours ago)
Energy
Alberta Government Announces Freeze on Industrial Carbon Price (30 hours ago)
Nova Scotia Accelerates Clean Energy Project Reviews (5 days ago)
Ontario greenlights modular reactor project near Toronto (5 days ago)
Canada
RCMP recovers missing toddler in northern Alberta field incident (2 hours ago)
Two reports confirm second dead grey whale on B.C. shore (3 hours ago)
Toronto Euthanizes Coyotes Amid Escalating Urban Wildlife Attacks (4 hours ago)