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WestJet announces 3,000 layoffs and domestic flight cancellations over COVID-19
CALGARY — WestJet Airlines Ltd. says it will lay off 3,000 people and cancel more than 4,000 domestic flights weekly in May as the COVID-19 pandemic continues to hammer the airline industry.
Apr 22, 2020 5:39 PM
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Trucking firm Mullen Group reports 1,000 layoffs as pandemic slows economy
CALGARY — Trucking, logistics and oilfield services firm Mullen Group Ltd. says it has temporarily laid off about 1,000 people because of the impact of measures to control the COVID-19 pandemic.
Apr 22, 2020 4:24 PM
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Analysis finds Alberta public pension manager loses big in oilpatch investments
EDMONTON — Alberta's public pension manager has lost millions after investing in smaller energy companies at a time when the entire sector is in decline, an analysis has found.
Apr 22, 2020 3:23 PM
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Energy sector shutting down oil production as low crude oil prices persist
Calgary-based energy companies are continuing to reduce production, cut spending and trim costs as volatile oil prices remain stubbornly below profitable levels. Enerplus Corp.
Apr 22, 2020 12:42 PM
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Staff at Alberta meat plant scared of COVID-19, not showing up to work: union
CALGARY — The union representing workers at a southern Alberta meat-packing plant says some employees don't feel safe because of an outbreak of COVID-19 and they aren't showing up for work.
Apr 21, 2020 4:36 PM
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Plunging oil prices point to 'deep collapse' in sector, drilling firm CEO warns
CALGARY — The CEO of one of Canada's largest drilling rig contractors says plunging North American crude prices on Monday and Tuesday are signs that the oil industry is headed for a "deep, deep collapse." On Tuesday, U.S.
Apr 21, 2020 3:21 PM
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Dylan Cozens, Adam Beckman finalists for WHL's top player award
CALGARY — Lethbridge Hurricanes forward Dylan Cozens and Spoken Chiefs forward Adam Beckman were named finalists for the Western Hockey League's Four Broncos Trophy that goes the season's most valuable player. The winner will be announced May 20.
Apr 21, 2020 3:20 PM
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Canadian Pacific lowers guidance for 2020 as it faces fallout from virus
CALGARY — Canadian Pacific Railway Ltd. is revising its financial guidance for the year and lowering its expectations as a result of the fallout from the COVID-19 pandemic.
Apr 21, 2020 2:54 PM
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Beef ranchers to bear the brunt of Alberta processing plant closure due to COVID-19
The temporary closure of an Alberta meat processing facility due to a COVID-19 outbreak isn't expected to result in beef shortages, but the reduction in capacity will mean that ranchers will bear the brunt as their costs rise and prices for their pro
Apr 21, 2020 2:43 PM
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Steadier prices no cure for Western Canada's natural gas producer woes
CALGARY — Stronger and more stable natural gas prices in the wake of North American oil production cuts are offering hope for better times to some gas producers but haven't changed Keyera Corp.
Apr 21, 2020 9:21 AM
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