Skip to content

Alberta News

Suncor loss reaches $3.5 billion on asset impairments due to low oil prices

Suncor loss reaches $3.5 billion on asset impairments due to low oil prices

CALGARY — Suncor Energy Inc. is reporting a first-quarter net loss of $3.525 billion mainly due to asset impairments linked to low oil prices, compared with net earnings of $1.47 billion in the same quarter of last year.
Imperial Oil reports deaths of birds that landed on Alberta tailings ponds

Imperial Oil reports deaths of birds that landed on Alberta tailings ponds

FORT MCMURRAY, Alta. — Imperial Oil Ltd. is reporting the deaths of 50 birds that landed on tailings areas near its Kearl oilsands project in northern Alberta.
Alberta legislature to resume sitting, pass COVID-19-related bills

Alberta legislature to resume sitting, pass COVID-19-related bills

EDMONTON — Alberta politicians are to return to the legislature Wednesday to debate bills tied to the COVID-19 outbreak.
Stormtrooper with a gun: Alberta police take down restaurant worker in costume

Stormtrooper with a gun: Alberta police take down restaurant worker in costume

LETHBRIDGE, Alta. — Police in southern Alberta are being investigated after a restaurant worker in a "Star Wars" stormtrooper costume who was carrying a plastic gun was forced to the ground and ended up with a bloody nose.
Federal scientists predict high wildfire risk across Western Canada

Federal scientists predict high wildfire risk across Western Canada

EDMONTON — A majority of forests in Canada face a higher-than-normal wildfire risk this summer, say federal scientists. The forecast map from Natural Resources Canada suggests every region west of central Quebec will face an above-average hazard.
Enbridge converts idled Mainline export system pipeline for crude storage

Enbridge converts idled Mainline export system pipeline for crude storage

CALGARY — Analysts say an Enbridge Inc. plan to use an idled leg of its Mainline pipeline system to store surplus Western Canadian oil will help offset lower volumes on the system as U.S. refineries buy less oil to match lower demand.

Calgary Stampeders sign American quarterback Jake Maier

CALGARY — The Calgary Stampeders have signed American quarterback Jake Maier. The Stampeders are looking for a new backup quarterback behind starter Bo Levi Mitchell. Nick Arbuckle signed with the Ottawa Redblacks in the off-season.
Spruce Meadows cancels Masters show jumping event because of COVID-19

Spruce Meadows cancels Masters show jumping event because of COVID-19

CALGARY — Spruce Meadows has cancelled its marquee Masters show jumping tournament scheduled for September because of the COVID-19 pandemic.
MEG Energy cuts capital spending plan again, reports $284M Q1 loss

MEG Energy cuts capital spending plan again, reports $284M Q1 loss

CALGARY — Shares in oilsands producer MEG Energy Corp. rose by as much as nearly 15 per cent on Tuesday amid strengthening oil prices after it reported it would cut its capital spending plan for a second time in two months.
'Numb and very lost': Meat plant reopens as memorial held for Cargill worker

'Numb and very lost': Meat plant reopens as memorial held for Cargill worker

HIGH RIVER, Alta.