Skip to content

Alberta News

Cenovus CEO says inflation 'manageable' as company posts massive upswing in Q2 profit

Cenovus CEO says inflation 'manageable' as company posts massive upswing in Q2 profit

CALGARY — Cenovus Energy Inc. chief executive Alex Pourbaix said Thursday that inflation has been "manageable" for the energy company so far, but is something he is certainly keeping an eye on.
Calfrac reports higher revenue, lower net loss in second quarter amid higher pricing

Calfrac reports higher revenue, lower net loss in second quarter amid higher pricing

CALGARY — Calfrac Well Services Ltd. reported a lower loss in its most recent quarter as its revenues climbed amid improved pricing and increased activity. The oilfield services company says it lost $6.
CP Rail sees second quarter profit fall despite higher revenue

CP Rail sees second quarter profit fall despite higher revenue

CALGARY — Canadian Pacific Railway Ltd. reported a lower profit despite higher revenue in its latest quarter. The Calgary-based railway reported a net income of $765 million in its second quarter, down from $1.25 billion in the same period last year.
TC Energy second-quarter profit down as it reaches milestone with Coastal GasLink LP

TC Energy second-quarter profit down as it reaches milestone with Coastal GasLink LP

CALGARY — TC Energy Corp. posted a lower quarterly profit as its Coastal GasLink project reaches a "significant milestone.
Alberta United Conservative Party leadership contenders square off in first debate

Alberta United Conservative Party leadership contenders square off in first debate

MEDICINE HAT, ALBERTA, CANADA — Two of Alberta’s pacesetters in the United Conservative leadership race squared off over a provincial sales tax Wednesday night in the first party debate.
Pope leads traditional mass, uses Indigenous languages during Alberta stops

Pope leads traditional mass, uses Indigenous languages during Alberta stops

LAC STE. ANNE, Alta. — Pope Francis spoke in three First Nations languages at a sacred pilgrimage site hours after his public mass in Edmonton was called a missed opportunity for not including Indigenous culture or traditions.
Precision Drilling reports $25M net loss in Q2, revenue up 62%

Precision Drilling reports $25M net loss in Q2, revenue up 62%

CALGARY — Precision Drilling Corp. says it had a net loss of $24.6 million for the second quarter, down from a net loss of $75.9 million in the same quarter last year. The net loss for the quarter ending June 30 worked out to $1.

Mounties lift shelter in place order on First Nation in northern Alberta

CADOTTE LAKE, Alta. — Mounties in northern Alberta say a shelter in place order has been lifted after a shooting.
Pope Francis travels to Quebec City for final days of Indigenous reconciliation visit

Pope Francis travels to Quebec City for final days of Indigenous reconciliation visit

EDMONTON — A plane carrying Pope Francis left Edmonton on Wednesday morning heading to Quebec City to begin the next leg of what he has described as his "penitential" journey in Canada. The pontiff is scheduled to have separate meetings with Gov.

CP NewsAlert: Plane carrying Pope Francis leaves Edmonton, makes way to Quebec City

A plane carrying Pope Francis has left Edmonton and is headed to Quebec City for the next portion of his reconciliation visit. More coming. The Canadian Press
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks