Alberta News

CALGARY — Bonterra Energy Corp. says a hostile buyout offer by Calgary-based rival Obsidian Energy Ltd. is more of a "take-under" than takeover bid because it's out of step with its market value.

CALGARY — Forest product market analysts expect prices for lumber and building panels in North America will remain strong for several years despite recent price declines after an unprecedented surge to record high levels over the summer.

Edmonton Oilers star Connor McDavid has tested positive for COVID-19. McDavid, a 23-year-old forward, is self-quarantining at home and experiencing mild symptoms, according to the Oilers.

EDMONTON — The Edmonton Oilers say Connor McDavid has tested positive for COVID-19. The NHL team made the announcement on Twitter on Monday night. The Oilers say their team captain is self-quarantining at home and experiencing mild symptoms.

EDMONTON — Alberta's top doctor says she's concerned about a surge in COVID-19 cases in Edmonton and is alarmed that many people are going to work or socializing while sick.

EDMONTON — Flowers, stuffed animals and messages from loved ones have been left near an Edmonton intersection for a 13-year-old girl who police say was killed Friday.

CALGARY — Pipeline and power company TC Energy Corp. is moving to buy out the other unitholders in TC PipeLines, LP, a U.S. master limited partnership it operates, for about US$1.48 billion (C$1.97 billion) in shares.

EDMONTON — A University of Alberta researcher has been awarded this year's Nobel Prize in medicine — the first time Canadian medical science has been so recognized in nearly a century.

CALGARY — Texas-based suitor Wilks Brothers, LLC, is sweetening its hostile takeover offer for Calgary-based Calfrac Well Services Ltd. by raising its bid to 25 cents per share from 18 cents. The bid carries a maximum cash payout of $21.

CALGARY — Lawyers for a mentally ill man who fatally stabbed five young people at a house party are appealing a decision to deny him some privileges.