Alberta News

Tourmaline Oil signs deal to buy Black Swan Energy worth $1.1B in stock and debt

CALGARY — Tourmaline Oil Corp. says it has signed a deal to buy Black Swan Energy Ltd. in a deal worth $1.1 billion in stock and debt.

Jun 11, 2021 8:35 AM Read more >

Alberta lifts many public health COVID-19 restrictions; offers more second doses

Kelly Higgins had just finished a 45-minute, sweat-inducing high-intensity group workout at a newly reopened gym Thursday and couldn't be happier.

Jun 10, 2021 5:22 PM Read more >

Alberta finance minister defends $1.3B loss on Keystone XL as 'calculated decision'

EDMONTON — Alberta’s finance minister says the province's $1.3-billion investment of taxpayers’ money in the now-defunct Keystone XL oil pipeline project was a prudent gamble given the potential payoff in profits and jobs.

Jun 10, 2021 5:10 PM Read more >

Auditor scolds Alberta over mine cleanup fund, how province handles polluted sites

EDMONTON — Alberta's auditor general is criticizing the government for failing to fix problems pointed out six years ago in a program that's supposed to guarantee coal and oilsands mines clean up after themselves.

Jun 10, 2021 4:37 PM Read more >

Embattled Keystone XL pipeline continues to divide experts — even post-mortem

CALGARY — Even after its death, the divisive Keystone XL pipeline continues to leave Canadian energy industry experts at odds. While some suggest TC Energy Corp.

Jun 10, 2021 12:55 PM Read more >

Canada, Alberta sign deal for $1.3B hydrogen plant in Edmonton

EDMONTON — The federal and Alberta governments have signed an agreement with a company that could lead to a $1.3 billion hydrogen plant being built in Edmonton.

Jun 10, 2021 8:55 AM Read more >

ATB Financial raises outlook for economic growth in Alberta

CALGARY — ATB Financial is raising its outlook for economic growth in Alberta this year because of higher-than-expected oil prices, rising vaccination rates and a strong recovery in the U.S.

Jun 10, 2021 7:00 AM Read more >

Alberta to lift some restrictions; Manitoba to release reopening plan

Two Prairie provinces hit hard by the third wave of the COVID-19 pandemic are moving toward shedding more public health restrictions.

Jun 10, 2021 2:00 AM Read more >

Edmonton signs forward Devin Shore to two-year contract extension

EDMONTON — The Edmonton Oilers have signed forward Devin Shore to a two-year contract extension with an annual average value of US$850,000. The club made the announcement on Wednesday. The Ajax, Ont.

Jun 9, 2021 6:13 PM Read more >

Keystone XL pipeline project cancelled by TC Energy after over a decade of delays

CALGARY — Another Canadian oil pipeline has bitten the dust after TC Energy Corp.

Jun 9, 2021 5:05 PM Read more >