Alberta News

Hockey Canada still holding out hope that Lafreniere can play in world juniors

CALGARY — The Canadian junior hockey team will play the waiting game with Alexis Lafreniere and the New York Rangers after learning Thursday that another NHLer will join the squad for selection camp.

Oct 29, 2020 2:40 PM Read more >

Suncor says end of Alberta oil quotas a "positive signal" as it reports $302M loss

CALGARY — The Alberta government's decision to end its oil production curtailment program in December after almost two years is "a very positive signal" for oilsands and refining giant Suncor Energy Inc., CEO Mark Little said Thursday.

Oct 29, 2020 1:38 PM Read more >

One-time costs of Husky takeover expected to be about $500 million, says Cenovus CEO

CALGARY — The one-time costs of merging with Husky Energy Inc. are expected to total about $500 million, including severance, says the CEO of Cenovus Energy Inc., adding the expense is worth it given the expected savings of about $1.

Oct 29, 2020 12:53 PM Read more >

'Bleak' drilling forecast calls for even fewer Canadian oil and gas wells in 2021

CALGARY — The Petroleum Services Association of Canada says it expects another "bleak" year for Canadian oil and gas drilling in 2021.

Oct 29, 2020 11:17 AM Read more >

Canadian women's hockey team yearns for international competition

CALGARY — The Canadian women's hockey team is in desperate need of international games. Gina Kingsbury hopes a Rivalry Series against the United States can happen this winter.

Oct 29, 2020 9:18 AM Read more >

Husky Energy hit by non-cash impairment charges, reports $7-billion loss in Q3

CALGARY — Husky Energy Inc. reported a nearly $7.1-billion loss in its latest quarter as it was hit by $6.7 billion in non-cash impairment charges after taxes related to lower long-term commodity price assumptions and reduced capital investment.

Oct 29, 2020 9:11 AM Read more >

TC Energy reports third-quarter profit up from year ago, revenue up

CALGARY — TC Energy Corp. reported its third-quarter profit rose compared with a year ago as its revenue edged higher.

Oct 29, 2020 6:38 AM Read more >

'They came with dogs:' Genomes show canines, humans share long history

EDMONTON — Somewhere near Lake Baikal on the Siberian steppes, archeologists were opening 7,000-year-old graves. The bodies had been carefully interred. One was buried with a long, carved spoon. Another had been honoured with a necklace of elk teeth.

Oct 28, 2020 6:32 PM Read more >

Don Mazankowski, former Alberta MP and cabinet minister, dies at 85

EDMONTON — Donald Frank Mazankowski, a former Tory deputy prime minister, has died at the age of 85. Speaker Anthony Rota announced the news in the House of Commons Wednesday and MPs held a moment of silence in his memory.

Oct 28, 2020 6:03 PM Read more >

Suncor Energy misses expectations with $302M loss on lower production, prices

CALGARY — Suncor Energy Inc. is reporting a third-quarter operating loss of $302 million or 20 cents per share as revenue fell 34 per cent to $6.5 billion due to lower production and oil prices compared with the same period of 2019.

Oct 28, 2020 5:30 PM Read more >