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Alberta News

Shares in Birchcliff Energy down more than 9% after cutting dividend in half

Shares in Birchcliff Energy down more than 9% after cutting dividend in half

CALGARY — Shares of Birchcliff Energy Ltd. fell more than nine per cent in trading on Thursday after the company cut its quarterly dividend in half and lowered its expectations for capital spending and production for the year.
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Edmonton police investigate extortions, arsons targeting South Asian community

Edmonton police investigate extortions, arsons targeting South Asian community

EDMONTON — Police are investigating a string of "brazen" extortions targeting businesspeople in the Edmonton area's South Asian community, in which properties have been torched and shot at.
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Extreme weather a growing risk to Canada's electricity grid: experts

Extreme weather a growing risk to Canada's electricity grid: experts

CALGARY — A series of electricity grid alerts in Alberta during the deep freeze last week made headlines across the country, but experts say power systems all across North America are increasingly at risk of being overloaded during severe weather.
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Town of Banff to continue pedestrian zone, but seeking more detail on patios

Town of Banff to continue pedestrian zone, but seeking more detail on patios

BANFF, Alta. — An Alberta tourist town in Canada's busiest national park plans to continue its popular downtown pedestrian zone from May long weekend until Thanksgiving long weekend each year.
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Alberta releases first report on well cleanup; $33B liability estimate called too low

Alberta releases first report on well cleanup; $33B liability estimate called too low

Alberta's oil and gas producers spent nearly $700 million in 2022 on cleaning up the hundreds of thousands of old wells that dot the province, the regulator's first report on the extent of those liabilities indicates.
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Alberta to provide help for people removed from 'gang-run' encampments in Edmonton

Alberta to provide help for people removed from 'gang-run' encampments in Edmonton

EDMONTON — The Alberta government announced new supports Wednesday to find safe shelter for people removed from homeless encampments in Edmonton.
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South Korea's Eunjung Kim tops Ottawa's Rachel Homan at Canadian Open

South Korea's Eunjung Kim tops Ottawa's Rachel Homan at Canadian Open

RED DEER, Alta. — South Korea's Eunjung Kim stole a single point in the eighth end for a 6-5 victory over Ottawa's Rachel Homan on Wednesday at the Co-op Canadian Open. The result left both teams with 1-1 records in round-robin play.
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Oil sector CEO compensation jumps double-digits amid surging profits: report

Oil sector CEO compensation jumps double-digits amid surging profits: report

CALGARY — CEO pay in the oil and gas sector has soared with the industry's post-pandemic resurgence and will likely increase even more with the completion of the Trans Mountain pipeline expansion this year, a new report projects.
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Heavy snow expected in B.C., icy temperatures in Alberta and Ontario

Heavy snow expected in B.C., icy temperatures in Alberta and Ontario

Heavy snow is expected to fall across wide swaths of southern British Columbia, and parts of southern Alberta, as winter continues to cause havoc from coast to coast.
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Mullen Group signs deal to buy logistics company ContainerWorld

Mullen Group signs deal to buy logistics company ContainerWorld

OKOTOKS, Alta. — Mullen Group Ltd. says it has signed a letter of intent to buy logistics company ContainerWorld Forwarding Services Inc. Financial terms of the agreement were not immediately available.
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