Here are the top 10 legal risks Canadian businesses will face this year

Infographics design firm Visual Capitalist has constructed a very interesting infographic on the Canadian oil boom. Thanks mostly to the northern Alberta oilsands, the amount of crude oil underneath Canadian soil or waters has gushed from a mere 7 billion barrels a decade ago to an astonishing 175 billion barrels. The only countries with more crude oil than Canada are Venezuela and Saudi Arabia.

Canada's government will disclose new guidelines this week to reduce the time it takes for environmental reviews of major energy and industrial projects, in a move that Reuters qualifies as an attempt set to help the oil industry.

Centerra Gold said labour strikes last month worsened the extent of the ice and waste flows and that it now can't access the high grade zone at its massive mine in Kyrgyzstan.

U.S.-based Enterprise Products Partners LP (NYSE:EPD) and Canadian Enbridge Inc. (NYSE/TSX:ENB) are shaping up as the main competitors for TransCanada Corp’s Keystone XL, as the two companies announced they will build new pipelines that will move as much as 850,000 barrels of crude oil a day from Canada to refineries along the Gulf Coast by mid-2014.

Canadian health products provider Nordion was the target of criticism at a major nuclear security summit in South Korea due to the company’s deal with Russia that entitles it to sell medical isotopes made with weapons-grade uranium for the next eight years.

Most Chinese takeovers in the resource sector do not pose a threat to national security, says the author of a new report on Chinese investment in Canada.

Chris Berry, founder of Mountain Partners asset management company, provided an interesting summary of the graphite space while speaking at the recent Graphite Express Conference in Vancouver.

"Shenhua is the most competitive bidder for the project given its technology, transport infrastructure, access to the Chinese market and the backing of the Chinese government," Shenhua CEO Ling Wen told reporters.

Goldsource Mines shot up 28% today on news that it has increased indicated coal resources at its Border Coal Project by 48%.