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Alberta News

Veteran defensive lineman Shawn Lemon among 16 players released by the Edmonton Elks

Veteran defensive lineman Shawn Lemon among 16 players released by the Edmonton Elks

EDMONTON — Veteran CFL players Shawn Lemon, Thaddeus Coleman, Vontae Diggs and Kenny Shaw were among the Edmonton Elks' final cuts Thursday. Edmonton made its final roster decisions ahead of the CFL's deadline of 10 p.m. ET on Friday.
Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

CALGARY — Cenovus Energy Inc. retired nearly $1 billion in debt in the second quarter as the easing of COVID-19 restrictions and a related commodity price surge provided a lift to Canadian oil and gas producers.
Suncor Energy cuts guidance for Fort Hills due to slope instability at mine site

Suncor Energy cuts guidance for Fort Hills due to slope instability at mine site

CALGARY — Suncor Energy Inc. said Thursday it will produce less bitumen than expected this year from its Fort Hills oilsands mine.
Demand increasing: Canadian Blood Services watching supply as COVID-19 rules eased

Demand increasing: Canadian Blood Services watching supply as COVID-19 rules eased

CALGARY — A return to a somewhat normal summer as COVID-19 restrictions are eased is putting a strain on Canada's blood supply.
Alberta to end isolation rules for COVID-19 cases, close contacts as cases rise

Alberta to end isolation rules for COVID-19 cases, close contacts as cases rise

CALGARY — Alberta is ending isolation requirements for people who test positive for COVID-19 and their close contacts as cases climb in the province. Dr.
CP Rail says ruling on CN-KCS merger expected soon; CP not giving up on its own bid

CP Rail says ruling on CN-KCS merger expected soon; CP not giving up on its own bid

CALGARY — With a U.S. regulator set to rule soon on Canadian National Railway Co.'s proposed merger with Kansas City Southern, rival Canadian Pacific Railway Ltd. says it stands "ready to re-engage" with KCS if CN's $33.

UCP backbencher fined $15K by Elections Alberta for funding violations

EDMONTON — A United Conservative backbencher has been fined $15,000 by Elections Alberta for a variety of offences including filing false financial statements.
Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

CALGARY — Crescent Point Energy Corp. expects to generate "significant" excess cash flow this year as energy prices surge, chief executive Craig Bryksa said Wednesday.
ASIRT investigating after man shot during confrontation with Edmonton police

ASIRT investigating after man shot during confrontation with Edmonton police

EDMONTON — Alberta's police watchdog is investigating after a man who was reportedly firing a gun in an Edmonton parking lot was shot and killed during a confrontation with police officers.
Inter Pipeline board recommends shareholders support revised Brookfield offer

Inter Pipeline board recommends shareholders support revised Brookfield offer

CALGARY — Inter Pipeline Ltd. says its board of directors is recommending shareholders accept a $16-billion takeover offer by Brookfield Infrastructure Partners LLP.