Suncor Energy Inc. selling wind, solar assets to Canadian Utilities Limited
The Suncor Energy Centre pictured in downtown Calgary, Alta., Friday, Sept. 16, 2022. Suncor Energy Inc. says it is selling its wind and solar assets for $730 million to Canadian Utilities Limited, an ATCO company. (THE CANADIAN PRESS/Jeff McIntosh)
Calgary -
Suncor Energy Inc. says it is selling its wind and solar assets to Canadian Utilities Limited for $730 million.
The move follows Suncor's announcement last April that was divesting its wind and solar assets to focus on areas of energy expansion, including hydrogen and renewable fuels.
The Calgary-based oilsands giant says in a release Wednesday that it wants to concentrate on its core business as it progresses to net-zero by 2050.
Kris Smith, Suncor's interim president and CEO, says its efforts will include replacing coke-fired boilers at its base plant with lower emission cogeneration units.
He says Suncor will also be investing in hydrogen and low-carbon fuels and accelerating commercial-scale deployment of carbon capture technology.
Suncor says the sale includes its interest in Magrath, Chin Chute and Adelaide wind farms, as well as Forty Mile wind farm.
The company says the transaction is expected to close in the first quarter of 2023.
This report by The Canadian Press was first published Oct. 5, 2022
CTVNews.ca Top Stories
Montreal man on the hook for thousands of dollars after a feature on his Tesla caused an accident
A Montreal man is warning Tesla drivers about using the Smart Summon feature after his vehicle hit another in a parking lot.
Denial and uncertainty are looming over a Biden-Trump rematch 6 months out from U.S. Election Day
Exactly six months before Election Day, Biden and Trump are locked in the first contest in 112 years with a current and former president competing for the White House. It's a race that is at once deeply entrenched and highly in flux as many voters are only just beginning to embrace the reality of the 2024 campaign.
Israel closes Gaza crossing after Hamas attack and vows military operation 'in the very near future'
Israel closed its main crossing point for delivering badly needed humanitarian aid for Gaza on Sunday after Hamas militants attacked it, reportedly wounding several Israelis, while the defense minister warned of "a powerful operation in the very near future in Rafah and other places across all of Gaza."
Floods in southern Brazil kill at least 60, with 101 people missing
Massive floods in Brazil's southern Rio Grande do Sul state killed at least 60 people and another 101 were reported missing, according to Sunday's toll from local authorities.
opinion
opinion You don't need to be an influencer to earn income from social media
How legitimate are claims by some content creators that the average person can earn passive income from social media platforms like TikTok and Instagram? Personal finance columnist Christopher Liew says it's quite possible, if you're willing to put in the initial time and effort.
‘Love has no boundaries’: Sask. couple in their 90s and 80s get married
Eighty-two-year-old Susan Neufeldt and 90-year-old Ulrich Richter are no spring chickens, but their love blossomed over the weekend with their wedding at Pine View Manor just outside of Rosthern.
What a judge's gag order on Trump means in his hush money case
A gag order bars Trump from commenting publicly on witnesses, jurors and some others connected to the matter. The New York judge already has found that Trump, the presumptive Republican nominee for president, repeatedly violated the order, fined him US$9,000 and warning that jail could follow if he doesn't comply.
Madonna's biggest-ever concert transforms Rio's Copacabana beach into a massive dance floor
Madonna put on a free concert on Copacabana beach Saturday night, turning Rio de Janeiro's vast stretch of sand into an enormous dance floor teeming with a multitude of her fans.
Should you save or splurge on makeup this summer?
If you're wondering whether you should splurge or save when it comes to buying skincare products and makeup this summer, we got some answers for you.
Shopping Trends
The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us.
Edmonton
-
Police warn 'event' could affect traffic in central Edmonton
An event on Sunday morning is expected to affect traffic in central Edmonton.
-
2 motorcyclists hit on Highway 21 after vehicle crosses centre line near New Sarepta Saturday: RMCP
RCMP closed a stretch of Highway 21 near New Sarepta on Saturday afternoon after a serious crash involving two motorcycles.
-
1 dead, 1 arrested after Friday morning assault near Alberta Avenue
A man is dead after an assault Friday morning near Alberta Avenue.
Lethbridge
-
Southern Alberta animal shelters overrun with abandoned pets
Animal shelters across the province are finding themselves frequently at capacity -- or more.
-
Woman charged in connection with fatal crash
Lethbridge police say impaired driving is to blame in a fatal crash that killed a 25-year-old man on Thursday.
-
Contractors want to repurpose Milk River high school rather than see it demolished
The bell at Erle Rivers High School in Milk River, Alta., will ring for the last time on June 26, as the 114-year-old school is scheduled to be torn down to make way for a new K-12 school.
Vancouver
-
B.C. man wants homes for thousands of books he soon won't be able to read
In the 10 years since John William started to lose his vision, he's been finding new ways to enjoy his vast personal library.
-
London Drugs begins 'gradual reopening' on 7th day after cyberattack
Almost a week after all London Drugs stores across Western Canada abruptly closed amid a cyberattack, they began a "gradual reopening" on Saturday.
-
1 dead, 1 arrested at rural property in Mission, B.C.
Homicide investigators have been called to Mission, B.C., after a man died Friday night.
Vancouver Island
-
London Drugs begins 'gradual reopening' on 7th day after cyberattack
Almost a week after all London Drugs stores across Western Canada abruptly closed amid a cyberattack, they began a "gradual reopening" on Saturday.
-
Princess Anne lays wreath at B.C. veteran's cemetery; receives 21-gun salute
Princess Anne paid tribute to veterans buried at a cemetery in British Columbia today, laying a wreath to honour the more than 2,500 military personnel and family members buried there.
-
No proof man lied to brother about number of kittens born in litter, B.C. tribunal rules
A man was denied a $5,000 payout from his brother after a B.C. tribunal dismissed his claim disputing how many kittens were born in a litter.
Saskatoon
-
Sask. man charged with murder after elderly assault victim’s death
A 57-year-old man from Naicam has been charged with second-degree murder following the death of an 81-year-old man who succumbed to injuries sustained from an assault.
-
‘Love has no boundaries’: Sask. couple in their 90s and 80s get married
Eighty-two-year-old Susan Neufeldt and 90-year-old Ulrich Richter are no spring chickens, but their love blossomed over the weekend with their wedding at Pine View Manor just outside of Rosthern.
-
Minten’s dagger halts Warriors' late-game comeback, chance to advance for Blades
The WHL Eastern Conference Final between the Saskatoon Blades and Moose Jaw Warriors has been full of see-saw momentum shifts, heart-stopping moments, and overtime heroes. Game 5 had all of the above.
Regina
-
2024 Saskatchewan Baton Twirling Championships held in Regina
Baton twirlers from across the province competed in Regina over the weekend, trying to qualify for a spot to compete at the Canadian Championships in Oshawa Ont., in July.
-
Piece of Regina military history makes its way to France
A plane bound for Juno Beach in France took off from the Prairies on Friday with a piece of military history.
-
Human remains found in rural Sask. possibly a decade old, RCMP say
RCMP say human remains found in a rural area in central Saskatchewan may have been there for a decade or more.
Toronto
-
Maple Leafs eliminated from NHL playoffs with Game 7 OT loss to Bruins
Sheldon Keefe told his players hockey history would remember them one way or another.
-
It's the Toronto marathon today. Here's the road closures you need to know
Drivers in Toronto may have to navigate multiple road closures this weekend as a result of construction, special events and filming.
-
Bombarded with spam texts? Stats show the problem is getting worse in Canada
In particular, messages that involve phishing — an attack where a scammer tries to trick the recipient into clicking a malicious link, downloading malware or sharing sensitive information — are on the rise.
Montreal
-
Montreal man on the hook for thousands of dollars after a feature on his Tesla caused an accident
A Montreal man is warning Tesla drivers about using the Smart Summon feature after his vehicle hit another in a parking lot.
-
Three-storey building goes up in flames in Montreal's NDG neighbourhood
Around 100 Montreal firefighers were called to the scene of a vacant three-storey building fire early on Sunday morning in the Notre-Dame-de-Grace (NDG) neighbourhood.
-
Woman's death in collision on Que.'s Highway 50 raising questions about road's safety
A woman died in a car crash on April 27 on Highway 50, a stretch of road considered deadly by many locals. That woman's family is calling for more to be done to improve safety on the road.
Atlantic
-
Man in custody following weapons-related incident at Halifax hotel: police
A man is in custody after a weapons-related incident at a Halifax hotel Sunday morning.
-
ATV crash in South Merland, leaves one dead: N.S. RCMP
A 53-year-old Antigonish, N.S., man has died after an ATV flipped in South Merland, N.S.
-
Thinking of moving? The Better Business Bureau Atlantic offers tips on how to avoid scams
Better Business Bureau Atlantic Interim CEO Julia Lewis said it’s important to do research before making your move to avoid scams.
Winnipeg
-
Winnipeg police investigating after pedestrian hit by vehicle in St. Vital
Police are investigating after a pedestrian was hit by a vehicle outside a convenience store in Winnipeg’s St. Vital neighbourhood early Saturday morning.
-
London Drugs begins 'gradual reopening' on 7th day after cyberattack
Almost a week after all London Drugs stores across Western Canada abruptly closed amid a cyberattack, they began a "gradual reopening" on Saturday.
-
15-year-old boy charged with second-degree murder in Lake St. Martin First Nation shooting
A 15-year-old boy from Lake St. Martin First Nation has been charged with second-degree murder after a fatal shooting earlier this week.
Ottawa
-
Off to rainy Sunday in Ottawa
Slightly lower temperatures and rain showers are in the forecast for Ottawa This Sunday.
-
Should you save or splurge on makeup this summer?
If you're wondering whether you should splurge or save when it comes to buying skincare products and makeup this summer, we got some answers for you.
-
'He was the coolest kid': Remembering Griffin Bell ahead of CN Cycle for CHEO
Photographers will tell you that one of the best times to capture incredible images is just after sunrise or right before sunset. That time is known as the golden hour. It's the light that starts each day, offering hope and wonder about the day ahead. Griffin Bell exemplified that hope and light in a way that few others ever will.
Northern Ontario
-
Police lay second-degree murder charge in northwestern Ont.
Ontario Provincial Police, in partnership with the Treaty Three Police Service, have charged a suspect with second degree murder following a homicide in a remote Indigenous northwestern Ontario community.
-
Bombarded with spam texts? Stats show the problem is getting worse in Canada
In particular, messages that involve phishing — an attack where a scammer tries to trick the recipient into clicking a malicious link, downloading malware or sharing sensitive information — are on the rise.
-
Crash closes Hwy 101 in Timmins
Highway 101 East in Timmins is closed in both directions due to a single-vehicle crash.
Barrie
-
Canadian Armed Forces and first responders team up for training in Wasaga Beach
With fire season just around the corner, the Canadian Armed Forces (CAF) teamed up with local first responders in Wasaga Beach on Saturday to enhance their readiness in the event of a domestic emergency.
-
OPP investigating online gambling operation in Orillia
OPP is investigating an online gambling operation within Orillia High Schools.
-
Bradford man charged with impaired driving on 400
A Bradford man has been arrested and charged with impaired driving on Highway 400.
Kitchener
-
'It was completely underwater': Cambridge community remembers devastating flood 50 years later
May 17, 1974 started off like any other sunny spring day, but it very quickly turned into a day of disaster.
-
WRDSB to lay off 106 elementary school teachers
More than 100 teachers at the Waterloo Region District School Board (WRDSB) are learning they have been declared surplus will likely be out of a job as of Aug. 12.
-
Chemical spill could be cause of stinky water in Puslinch, Ont., new report says
People living in Puslinch, Ont. may have the answer to why their water smelled so bad last year.
London
-
On the bright side with Julie Atchison
To brighten your week with good news, CTV London Meteorologist Julie Atchison is showing us the sunny side of things.
-
Gichi-name-wiikwedong Bridge and dedication plaque vandalized in Owen Sound
Owen Sound police are reporting that the Gichi-name-wiikwedong Bridge has been vandalized, and a teen is facing charges.
-
Downtown road closure may disrupt traffic this week
Starting Monday, Talbot Street will be closed between John Street and Mill Street to allow for the removal of a tower crane.
Windsor
-
Windsor theatre performer hopes locally-shot original comedy series changes perception of people with disabilities
In the few years since he became completely blind and lost both of his legs in back-to-back amputations, Michael Potter says he is used to people treating him differently — almost to the point of insulting.
-
Cloudy but balmy conditions Sunday
Cloudy conditions make up most of this week’s forecast across Windsor-Essex.
-
Bombarded with spam texts? Stats show the problem is getting worse in Canada
In particular, messages that involve phishing — an attack where a scammer tries to trick the recipient into clicking a malicious link, downloading malware or sharing sensitive information — are on the rise.
