Natural gas producers demand government action in open letter to Kenney

The CEOs of nine Alberta natural gas producers have released an open letter to Premier Jason Kenney asking him to show “bold leadership” in supporting a plan to restrict production to boost low gas prices. The letter warns that the…

Alberta’s economy doing better than expected in 2019: TD Bank

Economists at TD Bank say they are looking at upgrading their Alberta growth expectations for 2019 as signs point to a more robust than expected recovery from the effects of extreme heavy oil price weakness in late 2018. The bank…

Producers still cautious despite higher Q2 expectations on stronger oil prices

Higher oil prices are expected to boost cash flow for the large Canadian crude producers as they roll out second-quarter results beginning next week, but analysts say the extra money is unlikely to be added to growth budgets. Canadian oil…

12 towers proposed near Rogers Place in downtown Edmonton’s Ice District

The Katz Group has big plans to develop the area east and north of Rogers Place that, if approved, would see 12 high-rise towers join the downtown Edmonton skyline. Ice District Phase 2 would involve 12 towers: three on the…

Trudeau stresses balancing economy, environment during brief Calgary Stampede visit

Prime Minister Justin Trudeau says the only way to get projects like the Trans Mountain pipeline expansion built is by finding a compromise between growing the economy and protecting the environment. Trudeau was speaking at a reception for Liberal Party…

Edmonton business districts worry there’s higher tolerance of ‘more social disorder’

Edmonton’s business districts are feeling a bit defeated. Representatives told city council’s executive committee Friday that they’re seeing more and more graffiti tagging, mental health issues, homelessness and other concerns. “In the last two weeks, it just feels like there’s…