Business

Forestry Open House set for Thursday night

Three local companies will be hosting their annual Forestry Open House Thursday.West Fraser, Canfor, and Weyerhaeuser will be talking about forest management plans, harvesting and mountain pine beetle...

Oct 20, 2022

Province announces red tape reduction efforts for oil service rigs

The governments of Alberta and Saskatchewan, along with industry stakeholders, have announced they've secured a regulation exemption from Ottawa that will allow oil service rigs to move freely between...

Sep 14, 2022

2020 report shows $4.3 billion in GDP from northwest Alberta forestry operations

The Alberta Forest Products Association has released an economic report for the province's forestry sector in 2020. It says $13.6 billion in economic output, $2.7 billion in labour income, and more th...

Jul 07, 2022

Alberta petrochemical facility produces first plastic pellets

CALGARY - The $4.3-billion Heartland Petrochemical Complex northeast of Edmonton has produced its first plastic pellets. Facility owner Inter Pipeline Ltd. says the test production is an important ste...

Jul 05, 2022

Canfor announces first-quarter profit

Canfor has released its first-quarter report of 2022, one that shows a net income of $742 million.That compares to a $ 66.8 million loss in the fourth quarter of 2021.Canfor says there was near record...

May 03, 2022

Province announces plans to broaden tax support for Alberta’s job creators

The provincial government says its recommendations on a federal tax relief measure will promote economic growth and job creation.In its 2022 budget tabled April 7, the federal government confirmed the...

Apr 28, 2022

Strategy for attracting and retaining future workers to region is unveiled

A collaborative workforce development strategy for the Grande Prairie and Greenview regions has been released. Two years of research went into the formation of this strategy. Grande Prairie and Distri...

Apr 22, 2022

AFPA, northern mayors pushing for better rail service for the forestry industry

The mayors of a half-dozen northern communities have signed a letter from the Alberta Forest Products Association to the Deputy Minister at Transport Canada talking about problems with rail service.Th...

Apr 21, 2022

Provincial minister says regulations for industry have been reduced by 20 per cent

Alberta's Associate Minister of Red Tape Reduction says work in her area continues.Tanya Fir says the government set a goal of cutting red tape by one-third. She says they are at about 20 per cent so ...

Feb 18, 2022

Canfor reaches deal with Millar Western, Fox Creek and Whitecourt mills included

Canfor says it has a deal with Millar Western Forest Products to buy three Alberta mills.The $420 million transaction includes sawmills in Fox Creek, Whitecourt and another mill in Acheson.The Fox Cre...

Dec 16, 2021