Canadian motorists were paying less at the pump in April after the Liberals nixed the consumer carbon price — a move economists expect will help keep inflation around the Bank of Canada’s two per cent target as tariff woes percolate. Statistics Canada is...
Alberta has one of the most dynamic electrical grids in the country, in large part because it’s a deregulated grid. That means that independent power producers can sell power into the grid, and they have in turn chosen a wide variety of power generation method....
CALGARY — Oil shipper South Bow Corp. is lowering the upper end of its 2025 earnings forecast due to market uncertainty and ongoing pressure restrictions on its Keystone pipeline. A segment of the Alberta-to-Texas system ruptured and spilled crude onto North Dakota...
CALGARY — Strathcona Resources Ltd. is making a takeover stock-and-cash offer for oilsands producer MEG Energy Corp. that values the company at about $5.9 billion. The offer comes after Strathcona, which already owns about a 9.2 per cent stake in MEG, says it sent a...
CALGARY — The mayor of Crowsnest Pass in southwestern Alberta says the Alberta Energy Regulator’s approval of a controversial coal exploration project on the eastern slopes of the Rocky Mountains is long overdue. “I think they finally woke up. I think they...
MAIDSTONE – On May 9, Cenovus Energy had an explosive pressure release to the surface from its Rush Lake 2 thermal facility. That facility is on the upper plateau of the west bank of the North Saskatchewan River, 21 kilometres due east of Maidstone. Aerial photos...
