Alberta News

EDMONTON — Suspended Alberta justice minister Kaycee Madu was moved to another cabinet post Friday following a report that concluded he tried to interfere in the administration of justice over a traffic ticket.

CALGARY — Baytex Energy Corp.'s share price soared Friday on news the company has almost reached its net debt target and will institute a share buyback program in the second quarter of this year. The company's stock closed up 14.2 per cent to $5.71.

EDMONTON — Alberta's police watchdog says a robbery suspect who was killed by officers during a shooting that also left an innocent man dead was carrying a fake firearm.

CALGARY — A Calgary man charged after police officers found improvised explosive devices and weapons has been given some time to find a lawyer.

EDMONTON — CWB Financial Group reported its first-quarter profit rose compared with a year ago and beat expectations. The Edmonton-based bank says the profit attributable to common shareholders amounted to $87.

EDMONTON — Canada's oil province may finally be shedding its image as an economic one-trick pony, the Alberta government says in its new budget.

EDMONTON — Alberta’s budget is out of the red, forecasts a rosy economic future and promises big-bucks spending on hospitals, health care and programs to plug gaps in its burgeoning labour force.

EDMONTON — Finance Minister Travis Toews tabled Alberta's 2022 budget on Thursday and for the first time in years the province is out of the red.

CALGARY — Baytex Energy Corp. says it earned $563 million and continued to pay down debt in the fourth quarter of 2021 against the backdrop of surging oil and gas prices.

EDMONTON — Police in Edmonton say officers shot and killed a robbery suspect Wednesday night, and a man in a nearby apartment building was also hit by gunfire.