Gibson Energy Inc. (GEI.TO) announced that it continues to consider expansion plans for the Moose Jaw Facility. However, due to uncertainty around capital cost estimates and continued pressure on the construction industry in western Canada, the Company said it is not in a position to sanction the Expansion at this point.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.