Alberta News

CALGARY — The owner of Canada's first diamond mine blames transportation and business disruptions caused by measures to control the COVID-19 pandemic for its decision to seek court protection from creditors.

CALGARY — Western Canada's oil price woes are often illustrated by references to the Western Canadian Select benchmark crude oil price.

Calgary-based Bellatrix Exploration Ltd. says it has struck a deal to exit Companies’ Creditors Arrangement Act court protection after six months through a sale of its assets to Return Energy Inc. Return would pay $87.

CALGARY — The rapid spread of COVID-19 at Canada's meat-packing plants isn't a surprise, say union and health officials.

EDMONTON — Alberta has launched workplace safety investigations into two beef processing plants afflicted with COVID-19 outbreaks.

Edmonton is under consideration by the NHL as a hub where games could be played in a compressed timeline to complete the regular season.

CALGARY — WestJet Airlines Ltd. says it will lay off 3,000 people and cancel more than 4,000 domestic flights weekly in May as the COVID-19 pandemic continues to hammer the airline industry.

CALGARY — Trucking, logistics and oilfield services firm Mullen Group Ltd. says it has temporarily laid off about 1,000 people because of the impact of measures to control the COVID-19 pandemic.

EDMONTON — Alberta's public pension manager has lost millions after investing in smaller energy companies at a time when the entire sector is in decline, an analysis has found.

Calgary-based energy companies are continuing to reduce production, cut spending and trim costs as volatile oil prices remain stubbornly below profitable levels. Enerplus Corp.