Business

Market Watch: July 31

Big Picture U.S. markets struggled following U.S. GDP report U.S. equities started off the week in positive territory, helped by technology stocks. Gold continued its climb as investors were concerned...

Jul 31, 2020

Expansion of Alberta coal mine will need federal review: environment minister

OTTAWA - The federal environment minister is backtracking on a previous decision to keep Ottawa out of the approval process for a major coal mine expansion in Alberta. The existing Vista mine, which i...

Jul 30, 2020

New agency tasked with attracting jobs, investment to Alberta

A seven-member board will lead the province's newly-created Invest Alberta Corporation.The agency is tasked with attracting job-creating investment back to Alberta and comes into effect on July 31."I ...

Jul 30, 2020

Total writes off $9.3B in Alberta oilsands assets, cancels CAPP membership

French energy giant Total says it is writing off $9.3-billion (US$7 billion) worth of oilsands assets in Alberta and cancelling its membership in the Calgary-based Canadian Association of Petroleum Pr...

Jul 30, 2020

Alberta changing regulations to allow direct farm-to-consumer meat sales

The provincial government says Albertans will have improved access to locally produced meat through changes to the Meat Inspection Regulation."Alberta produces the world's best beef, pork and poultry ...

Jul 30, 2020

Husky Energy reports $304 million loss in Q2 as revenues plunge

CALGARY- Husky Energy swung to a $304 million net loss in the second quarter as revenues plunged nearly 55%.The Calgary-based oil producer says it lost 31 cents per diluted share for the three months ...

Jul 30, 2020

Province updates emissions regulation

EDMONTON- An expansion of eligibility in the Technology Innovation and Emissions Reduction (TIER) regulation will see fewer Alberta industries will pay the federal carbon.The provincial government say...

Jul 30, 2020

More bad news for Alberta's oilsands

EDMONTON- French energy giant Total says it is writing off $9.3 billion worth of oilsands assets in Alberta and cancelling its membership in the Calgary-based Canadian Association of Petroleum Produce...

Jul 30, 2020

Aviation tour to showcase Drayton Valley Airport and surrounding area

Showcasing the Drayton Valley area's business, tourism, recreation, and educational opportunities is the goal behind an event being held at the Drayton Valley Industrial Airport next month. On Aug. 8,...

Jul 29, 2020

Beef processing still pushed back but recovering amid COVID-19

MEDICINE HAT, AB - With closures and near closures of meatpacking plants this spring due to COVID-19, the industry saw everything fall behind.Now the processing industry and supply chain are starting ...

Jul 29, 2020