Oil analysts say a rebound in the world’s hunger for oil has already started after demand destruction caused by the COVID-19 pandemic fell far short of what many experts had expected. Amrita Sen, co-founder and director of research for international…
Tag: Money
Edmonton-based cannabis retailer Fire and Flower unveils pilot stores in Circle K partnership
By Staff The Canadian Press Posted July 6, 2020 5:57 pm Updated July 6, 2020 5:59 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Fire & Flower Holdings Inc. has unveiled…
Extended sit-down interview with Alberta Premier Jason Kenney
Alberta Premier Jason Kenney sat down with Global Lethbridge anchor Liam Nixon to talk about a wide range of issues affecting southern Alberta, including new money for infrastructure and agriculture upgrades, rural doctors, the COVID-19 pandemic and the controversy over…
Aurora Cannabis co-founder retires from board of directors
By Staff The Canadian Press Posted June 29, 2020 5:36 pm Updated June 29, 2020 5:37 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Aurora Cannabis Inc. says co-founder Terry Booth…
Taste of Edmonton, Heritage Festival face financial hardship — one may call it quits for good
Two major festivals in Edmonton are facing a cash crunch. With celebrations on hold due to the COVID-19 pandemic, at least one group says it is on the verge of folding for good. Taste of Edmonton is one of many…
WestJet backs away from labour code exemption that would facilitate mass layoffs
WestJet Airlines Ltd. says it has halted its pursuit of a labour code exemption that would have facilitated mass layoffs. WestJet aviation security manager Jared Mikoch-Gerke told the House of Commons health committee Monday the airline had revoked its request…
AIMCo announces former CEO of CPP Investment Board to chair its board of directors
The Alberta Investment Management Corporation (AIMCo) announced Friday that a corporate executive who once served as president and CEO of the Canadian Pension Plan Investment Board has been appointed to chair its board of directors. The entity that manages Alberta’s…
Calgary-based Ranch Energy’s failure more than doubles B.C.’s inventory of orphan wells
The number of orphan wells in British Columbia has more than doubled thanks to the failure of one oil and gas company. The BC Oil and Gas Commission says it has designated 401 wells and three facilities formerly owned by…
Canadian crude-by-rail exports drop by half in April as fuel demand saw sharp drop
By Staff The Canadian Press Posted June 19, 2020 5:41 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Canadian exports of crude oil by rail dropped by more than half in April compared…
Enbridge says 800 employees have taken voluntary buyouts as company cuts costs
By Staff The Canadian Press Posted June 17, 2020 5:13 pm Updated June 17, 2020 5:15 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Enbridge Inc. says 800 employees have voluntarily left the…