Peter Letko News Today

Former Bank of Canada governor Stephen Poloz has asked pension fund leaders to send him concrete ideas by the end of this week about how to entice their funds to invest more in Canada as an initial step in a process Ottawa launched in its April budget.

The only sustainable kind of investment policy is one that encourages people to invest in Canada because it makes economic sense, not because the government holds a gun to their heads

We believe pension funds need to seek out more investments in Canada, and that Ottawa was right to push for that in last week’s fall economic statement

Peter Letko and Daniel Brosseau are founding partners of Letko Brosseau and Associates. Pension funds need to seek out more investments in Canada, and…

Ottawa vowed in its fall economic statement to work with Canadian funds to foster environment that would promote domestic investment

Glencore's deal to buy Teck Resources' steelmaking coal unit shows how cheap fossil fuels can be a lucrative option for companies - for a decade or two at least - even as they are phased out in favour of renewable energy. Western companies may be loathe to search for new sources of coal or build new mines, but investors say coal still has a powerful role to play in the coming years since it can be used to feed the needs of the global shift to cleaner energy. Coking coal is emerging a...

By Clara Denina and Pratima Desai LONDON (Reuters) - Glencore's deal to buy Teck Resources' steelmaking coal unit shows how cheap fossil fuels can be ...

Glencore Investment For Teck Resources: Glencore CEO Gary Nagles initial bid for the entire Teck Resources faced stiff opposition from Justin Trudeaus Liberal government and from the premier of British Columbia, where the company is based. Teck twice rebuffed Glencores overtures.

Coking coal is emerging as a top option for companies to make a foray into, as it is used to make steel, an important component in large infrastructure and renewable projects.

Ian Woodley: Coking coal is emerging as a top option for companies to make a foray into, as it is used to make steel, an important component in large infrastructure and renewable projects.