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Alberta News

NHL kicks tires on Edmonton as one possible hub site to complete regular season

NHL kicks tires on Edmonton as one possible hub site to complete regular season

Edmonton is under consideration by the NHL as a hub where games could be played in a compressed timeline to complete the regular season.
WestJet announces 3,000 layoffs and domestic flight cancellations over COVID-19

WestJet announces 3,000 layoffs and domestic flight cancellations over COVID-19

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.
Trucking firm Mullen Group reports 1,000 layoffs as pandemic slows economy

Trucking firm Mullen Group reports 1,000 layoffs as pandemic slows economy

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.
Analysis finds Alberta public pension manager loses big in oilpatch investments

Analysis finds Alberta public pension manager loses big in oilpatch investments

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.
Energy sector shutting down oil production as low crude oil prices persist

Energy sector shutting down oil production as low crude oil prices persist

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.

Staff at Alberta meat plant scared of COVID-19, not showing up to work: union

CALGARY — The union representing workers at a southern Alberta meat-packing plant says some employees don't feel safe because of an outbreak of COVID-19 and they aren't showing up for work.
Plunging oil prices point to 'deep collapse' in sector, drilling firm CEO warns

Plunging oil prices point to 'deep collapse' in sector, drilling firm CEO warns

CALGARY — The CEO of one of Canada's largest drilling rig contractors says plunging North American crude prices on Monday and Tuesday are signs that the oil industry is headed for a "deep, deep collapse." On Tuesday, U.S.
Dylan Cozens, Adam Beckman finalists for WHL's top player award

Dylan Cozens, Adam Beckman finalists for WHL's top player award

CALGARY — Lethbridge Hurricanes forward Dylan Cozens and Spoken Chiefs forward Adam Beckman were named finalists for the Western Hockey League's Four Broncos Trophy that goes the season's most valuable player. The winner will be announced May 20.
Canadian Pacific lowers guidance for 2020 as it faces fallout from virus

Canadian Pacific lowers guidance for 2020 as it faces fallout from virus

CALGARY — Canadian Pacific Railway Ltd. is revising its financial guidance for the year and lowering its expectations as a result of the fallout from the COVID-19 pandemic.
Beef ranchers to bear the brunt of Alberta processing plant closure due to COVID-19

Beef ranchers to bear the brunt of Alberta processing plant closure due to COVID-19

The temporary closure of an Alberta meat processing facility due to a COVID-19 outbreak isn't expected to result in beef shortages, but the reduction in capacity will mean that ranchers will bear the brunt as their costs rise and prices for their pro