The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.
Energy prices have soared higher than expected. That is a big plus for Canadian energy stocks. Here are three great buys right now. The post TSX Energy in April 2024: The Best Stocks to Buy Right Now appeared first on The Motley Fool Canada.
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,199.13, down 162.65 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down $1.42, or 1.77 per cent, to $78.76 on 12.1 million shares. ARC Resources Ltd. (TSX:ARX). Energy. Up 72 cents, or 2.83 per cent, to $26.14 on 7.7 million shares. Bank of Nova Scotia. (TSX:BNS). Finance. Down $1.44, or 2.10 per cent, to $67.04 on 7.6 million shares. Manulife Financial Corp. (TSX:MFC). Fina