Fitch lowers Alberta credit rating, cites concerns on heavy borrowing

Alberta’s plan to relaunch its economy is taking a hit right out of the starting gate. The United States-based Fitch rating agency has announced it’s reducing Alberta’s credit rating to AA- from AA. Fitch cites a concern with sharply higher…

Canadian oil sector welcomes federal aid for large firms despite climate change conditions

By Staff The Canadian Press Posted May 11, 2020 5:39 pm Updated May 11, 2020 5:41 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ The oil and gas sector and the Alberta government…

Alberta Finance Minister speaks to Calgary Chamber of Commerce about 2020 budget

Alberta Finance Minister Travis Toews spoke to the Calgary Chamber of Commerce on Monday about the provincial budget and how the government plans to increase competitiveness and attract investment. Related News The budget projects a deficit of $6.8 billion on…

‘Absolutely no monetary reflection of the coronavirus risk in the budget’: Notley reacts to Alberta government’s fiscal plan

February 27 2020 6:53pm Alberta NDP Leader Rachel Notley says there is nothing in the UCP government’s budget to account for potential economic impacts of the COVID-19 coronavirus. ‘ }); } else { var rel_id = svp.releaseInfo.contentId+””; if( typeof gnca_social_share_collection[rel_id]…

Alberta budget to be tabled Thursday amid sluggish economy

By Staff The Canadian Press Posted February 26, 2020 5:35 pm Updated February 26, 2020 5:40 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Alberta brings in its new budget Thursday that is…

Government, teacher pension plan changes should be reversed, NDP labour critic says

Alberta should have a law preventing governments from pulling the province out of the Canada Pension Plan, Opposition NDP labour Critic Christina Gray said. Alberta should have a law preventing governments from pulling the province out of the Canada Pension…

Alberta government launches online survey about auto insurance system

With a growing number of Albertans raising concerns about their auto insurance and rising premiums, the provincial government is taking steps to get more public feedback on how the system can be improved. On Tuesday, the UCP announced it had…

Government seeking one per cent rollback from public sector employees

The government wants social workers, court employees, correctional officers and other provincial employees to take a one per cent wage cut followed by three years of wage freezes, their union president said. Finance Minister Travis Toews has said there’s no…