Category Archives: Business
Cenovus reports $241-million third-quarter loss
CALGARY – Cenovus Energy reported a loss of $241 million in its latest quarter as the company continued to focus on reducing debt. The oil sands company says the loss amounted to 20 cents per sh...
Oct 31, 2018
TransAlta reports $86M Q3 loss compared with $27M loss a year ago
CALGARY – TransAlta reported a loss of $86 million in its latest quarter compared with a loss of $27 million a year ago. The power producer says the loss amounted to 30 cents per share for the q...
Oct 31, 2018
WestJet reports $45.3M Q3 profit, down from $135.9M a year ago
CALGARY – WestJet Airlines reported a third-quarter profit of $45.9 million, down from a profit of $135.9 million in the same quarter last year amid rising fuel prices. The airline says the prof...
Oct 30, 2018
Chamber anticipates big economic impact from CFR 45
Millions of dollars in economic impact is anticipated from CFR 45, which gets underway in Red Deer on Tuesday. Rick More, Interim CEO/Membership and Community Relations Manager for the Red Deer and Di...
Oct 29, 2018
Government support for energy sector growth urgently needed, says bank CEO
CALGARY - The CEO of the Royal Bank says the oil and gas sector is poised to deliver billions of dollars in new revenue to Canadian governments over the next decade by meeting growing global energy de...
Oct 26, 2018
Market Watch - Oct. 26, 2018
North American Markets Rebound Thursday; Cannabis Stocks Slide Equity investors breathed a sigh of relief Thursday as North American markets regained ground after an especially brutal start of the wee...
Oct 26, 2018
The Great Indoors Market launching at Bower Place
Bower Place is trying something new to fill some of the space formerly occupied by Sears. The Great Indoors Market at Bower (TGIM) opened Thursday with 100% of merchants set to be up and running by No...
Oct 26, 2018
Crescent Point reports profit of $30.5 million
CALGARY – Crescent Point Energy Corp. posted a profit of $30.5 million in its latest quarter compared with a loss of $270.6 million a year ago. The energy company says the profit amounted to six...
Oct 25, 2018
Precision Drilling reports third-quarter loss
CALGARY – Precision Drilling Corp. reported a loss of $31 million in its latest quarter compared with a loss of $26 million a year ago as its revenue improved by more than 20 per cent. The Calga...
Oct 25, 2018
Husky Energy reports third-quarter profit
CALGARY – Husky Energy Inc. topped expectations as it earned $545 million in its latest quarter, up sharply from $136 million in the same quarter last year. The energy company says the profit am...
Oct 25, 2018