GFM Network News


Alberta halts B.C. wine purchases in pipeline feud

Reuters — Alberta struck back at neighbouring British Columbia on Tuesday, halting purchases of that province’s wines in retaliation for its potentially holding up expansion of a crude pipeline. B.C. proposed rules last week to temporarily block increased oil shipments through the province, adding another hurdle to Kinder Morgan Canada’s planned $7.4 billion Trans Mountain […] Read more

Constellation considering Canadian wine IPO

Reuters — Constellation Brands said on Wednesday it was considering taking a part of its Canadian wine business public and reported better-than-expected quarterly net sales, helped by strong demand for its premium Corona and Modelo beers. Shares of the New York-based wine, beer and spirits company, which forecast full-year profit largely above estimates, rose as […] Read more