Business

ATB Chief Economist expects economic growth to slow in Alberta, but will still be better off than the rest of Canada

The Chief Economist at ATB is predicting the Alberta economy will slow a little bit this year, but will still do better than the rest of Canada.Mark Parsons says there are three reasons for this."One ...

Curtis Galbraith Feb 28, 2024

West Fraser reports fourth-quarter loss, OSB still strong

West Fraser Timber is reporting a fourth-quarter loss of $153 million.Total sales were $1.514 billion.The company says in a news release that demand for North American lumber stayed weak during this t...

Feb 16, 2024

Canfor selling pulp mill in Taylor

Canfor says it is selling its pulp mill in Taylor, B.C. for $7 million.The company did not name the buyer in a news release announcing the sale, but President and CEO Kevin Edgson says the new owner i...

Feb 09, 2024

Record-breaking oil production for Alberta in November

Alberta oil production hit an all-time record in November at 4.2-million barrels per day. And, the Alberta Energy Regulator says the province averaged 3.8-million barrels per day of oil production in ...

Jan 16, 2024

Alberta’s renewable energy pause could become lingering stumble, observers say

EDMONTON, AB - It was just supposed to be a pause, a breather for an overburdened regulator and concerned public to catch up with an industry growing beyond expectations.But for those who study the re...

Dec 18, 2023

NDP says it has received "thousands of letters" opposing coal exploration

Alberta's Opposition N-D-P says it has received thousands of letters from Albertans who oppose a plan to explore coal mining on the eastern slopes of the Rocky Mountains. The party held a meeting last...

Nov 02, 2023

Forestry Open House to take place at the Eastlink Centre

Three local operations will be hosting the annual Forestry Open House Wednesday.It will include Canfor, West Fraser and Weyerhaeuser. All three will be there to talk about things like managing the for...

Oct 25, 2023

Virtual town hall to focus on coal mining in southwestern Alberta

CROWSNEST PASS, AB - The Alberta NDP said it wants to hear from Albertans on potential new mining activities.The party is set to hold an online town hall meeting where members will present participant...

Oct 24, 2023

Alberta NDP says renewable energy windfall should benefit consumers, industry

Alberta's New Democrat Opposition is calling for the provincial government to use a nearly $300-million windfall from renewable energy contracts to help ease high consumer power bills and expand the i...

Oct 24, 2023

Critics concerned about latest well reclamation idea

Alberta's Energy Regulator is considering giving oil and gas companies an advance break on the environmental liabilities of old well sites before the cleanup is certified complete. But critics say the...

Oct 24, 2023