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Alberta News

MEG Energy boosts 2021 production guidance on strong six months and Q2 profits

MEG Energy boosts 2021 production guidance on strong six months and Q2 profits

CALGARY — MEG Energy Corp. boosted its full-year production guidance after reporting $68 million in net profits in the second quarter on a near doubling of revenues.
Unvaccinated Albertans are majority of COVID cases, hospitalizations, deaths: Hinshaw

Unvaccinated Albertans are majority of COVID cases, hospitalizations, deaths: Hinshaw

CALGARY — Alberta's top doctor says the majority of the province's new COVID-19 cases, hospitalizations and deaths are among those who are unvaccinated or within two weeks of their first shot. Dr.
Two Alberta First Nations want court to allow appeal of decision on coal mine

Two Alberta First Nations want court to allow appeal of decision on coal mine

A second Alberta First Nation wants a court to allow it to appeal a review board's decision that an open-pit coal mine in the Rocky Mountains is not in the public interest.
Calgary's downtown office vacancy rate hits new high; on track to surpass 30 per cent

Calgary's downtown office vacancy rate hits new high; on track to surpass 30 per cent

Calgary's downtown office vacancy rate is on track to top 30 per cent and potentially reach a level unseen in a major North American city since the 1930s, a commercial real estate firm said Thursday.
Alberta commits $150M to jump-start rural broadband; seeks private, federal support

Alberta commits $150M to jump-start rural broadband; seeks private, federal support

CAMROSE, Alta. — Alberta is committing up to $150 million to improve internet service in rural, remote and Indigenous communities.
Alberta supporting mental-health programs for residential school survivors

Alberta supporting mental-health programs for residential school survivors

RED DEER, Alta. — The Alberta government says it's putting up nearly $8-million for Indigenous-led mental-health programs that will include support to help residential school survivors and their families heal.
Kraken deal forward Tyler Pitlick to Calgary for fourth-round pick

Kraken deal forward Tyler Pitlick to Calgary for fourth-round pick

CALGARY — The Calgary Flames have picked up forward Tyler Pitlick from the newly formed Seattle Kraken. The Flames sent a fourth-round pick in Friday's NHL entry draft to the Kraken in exchange.
Precision Drilling posts $75.9 million loss in second quarter despite better outlook

Precision Drilling posts $75.9 million loss in second quarter despite better outlook

CALGARY — Precision Drilling Corp. tripled its Canadian rig count in the second quarter, even as its net loss surged to $75.9 million because of compensation charges. The Calgary-based company lost $5.71 per diluted share, compared with a loss of $3.
Calgary police lay firearms charges against man offering survivalist training

Calgary police lay firearms charges against man offering survivalist training

CALGARY — Police have laid firearms-related charges against a Calgary man who they say was posing as an ex-military member and providing survivalist training under false credentials.
Precision Drilling: Q2 Earnings Snapshot

Precision Drilling: Q2 Earnings Snapshot

CALGARY, Alberta (AP) _ Precision Drilling Corp. (PDS) on Thursday reported a loss of $61.8 million in its second quarter. The Calgary, Alberta-based company said it had a loss of $4.65 per share. The oilfield services company posted revenue of $163.
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