Alberta

Calgary Exhibition and Stampede temporarily lays off 80 per cent of staff

The future of this year's "Greatest Show on Earth'' is up in the air following a decision by the Calgary Exhibition and Stampede to temporarily lay off 80 per cent of its staff. Stampede CEO Warren Co...

Mar 18, 2020 Canadian Press file photo

Provincial government passes 2020 budget

EDMONTON, AB - Amid the COVID-19 global pandemic, Alberta premier Jason Kenney has announced that the provincial budget has passed its budget.Kenney made the announcement on Facebook shortly after 1:0...

Mar 18, 2020 Premier Jason Kenney (photo by the Canadian Press)

Pembina Pipeline cuts capital spending plan by up to $1.1 billion

CALGARY - Pembina Pipeline Corp. is cutting its capital spending plan for this year by up to $1.1 billion due to the COVID-19 pandemic and the plunge in oil prices.The company now expects its revised ...

Mar 18, 2020

Confirmed COVID-19 case aboard WestJet flight to Grande Prairie

Passengers aboard several WestJet flights, including one that landed in Grande Prairie, have tested positive for COVID-19.According to a statement and tweet from WestJet, a passenger on board flight 3...

Mar 17, 2020

More dividends chopped as energy firms address oil prices below US$30 per barrel

CALGARY - More energy industry dividends are being slashed as investors turn their backs on companies whose payouts are now unaffordable with oil prices plunging to less than US$30 per barrel.Shares i...

Mar 17, 2020

TransAlta buying cogeneration plant in Michigan for US$27 million

CALGARY - TransAlta Corp. has acquired a cogeneration facility in Michigan from two private companies for approximately US$27 million.TransAlta chief executive Dawn Farrell says the deal marks the com...

Mar 17, 2020

Cases of COVID-19 now confirmed in each health zone in Alberta

Alberta now has 74 confirmed cases of COVID-19. Alberta's Chief Medical Officer of Health, Dr. Deena Hinshaw, announced that as of March 16, there are 18 new cases in the province."For the first time,...

Mar 16, 2020

Ski resorts close amid coronavirus concerns

Several ski resorts in Alberta have temporarily closed in response to growing concerns about COVID-19.In a letter posted to guests, Resorts of the Canadian Rockies president John Shea says operations ...

Mar 16, 2020

State of local emergency declared in Red Deer amidst COVID-19

The City of Red Deer has declared a state of local emergency to assist the province's efforts to combat and respond to the spread of COVID-19.The state of local emergency, which took effect at 9:20 a....

Mar 16, 2020

Crescent Point cuts capital spending and dividend, lowers production guidance

CALGARY - Crescent Point Energy Corp. is cutting its capital spending plan by about 35 per cent and slashing is dividend due the recent drop in commodity prices.The company says its now plans $700 mil...

Mar 16, 2020