Finance Minister Bill Morneau finds ‘alignment’ at pre-budget roundtable in Calgary

There was “more alignment” than expected with federal Finance Minister Bill Morneau at a pre-budget roundtable with the Business Council of Alberta on Thursday, according to the group’s president. But economic fear that has boosted separatist sentiment in Alberta will…

Alberta legislature will convene Feb. 25 for 2nd session

Posted January 15, 2020 6:54 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ The second session of the 30th Alberta legislature will convene on Feb. 25 and the government is promising an “ambitious”…

UCP government launches online survey to get Albertans’ input on upcoming budget

Posted January 15, 2020 1:10 am Updated January 15, 2020 1:11 am Smaller font Descrease article font size –A Larger font Increase article font size A+ It’s been less than three months since the United Conservative Party presented its first-ever…

Keystone XL schedule calls for pipeline construction to cross U.S.-Canada border in April

By Staff The Canadian Press Posted January 14, 2020 11:09 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ TC Energy Corp. says it plans to begin construction in April to connect the Keystone…

Calgary judge orders dozens of Strategic Group buildings into receivership

A Calgary judge has ordered more than 50 Strategic Group properties in Calgary and Edmonton into receivership. The decision comes after the Calgary-based real estate developer sought protection from creditors under the Companies’ Creditors Arrangement Act or (CCAA). The move…

Albertans feel worse off, are spending less than any other province in Canada: Ipsos poll

A new Ipsos poll showed Alberta residents feel worse off financially than those of any other province in Canada.  On average, 28 per cent of Canadian respondents said they were cutting down on essential spending, but that number rises to…

Edmonton’s Food Bank falling behind on holiday goal as many face economic hardship

‘Tis the season of giving, but for many Edmontonians, that has become difficult. It’s not that people don’t want to give, it’s simply that their economic situation that is getting in the way. “Canadians are facing record debt levels, not…

Oilpatch buyers expected to stay on the sidelines in 2020: analysts

A mindset of “hunkering down” in the face of persistent headwinds means mergers and acquisitions activity in Canada’s oilpatch will likely remain at low ebb in 2020, analysts say. A recent spate of consolidation of producers in prolific Texas oilfields…

Alberta drilling rights auctions fall to record low

A key indicator of future oil and gas drilling activity in Alberta has fallen to a record low as pipeline capacity constraints continue to restrain oilpatch spending. This week’s auction of Crown drilling rights — which allow energy exploration on…