Alberta News

Former MP Rob Anders accused of not reporting $750K in income for tax purposes

CALGARY — Tax authorities allege former Conservative MP Rob Anders failed to report more than $750,000 in net income over five years, court documents show. Anders faces five charges, including tax evasion.

Oct 30, 2020 1:12 PM Read more >

Imperial Oil ekes out Q3 profit as Kearl oilsands mine rebounds from outage

CALGARY — Surging production from its Kearl oilsands mine after an unplanned two-week outage, along with a better-than-targeted drop in capital and operational spending, helped Imperial Oil Ltd.

Oct 30, 2020 11:50 AM Read more >

Alberta removing two COVID-19 symptoms that required people under 18 to isolate

EDMONTON — Alberta’s top doctor says the province will be removing two symptoms from its COVID-19 checklist for people under the age of 18 that required mandatory isolation. Dr. Deena Hinshaw says they include runny nose and sore throat.

Oct 29, 2020 5:28 PM Read more >

Alberta panel recommends no-fault auto insurance to address rising, costly premiums

EDMONTON — A government panel is recommending a fundamental overhaul of automobile insurance in Alberta to move away from costly, protracted court fights to a collaborative no-fault model.

Oct 29, 2020 5:03 PM Read more >

Hockey Canada still holding out hope that Lafreniere can play in world juniors

CALGARY — The Canadian junior hockey team will play the waiting game with Alexis Lafreniere and the New York Rangers after learning Thursday that another NHLer will join the squad for selection camp.

Oct 29, 2020 2:40 PM Read more >

Suncor says end of Alberta oil quotas a "positive signal" as it reports $302M loss

CALGARY — The Alberta government's decision to end its oil production curtailment program in December after almost two years is "a very positive signal" for oilsands and refining giant Suncor Energy Inc., CEO Mark Little said Thursday.

Oct 29, 2020 1:38 PM Read more >

One-time costs of Husky takeover expected to be about $500 million, says Cenovus CEO

CALGARY — The one-time costs of merging with Husky Energy Inc. are expected to total about $500 million, including severance, says the CEO of Cenovus Energy Inc., adding the expense is worth it given the expected savings of about $1.

Oct 29, 2020 12:53 PM Read more >

'Bleak' drilling forecast calls for even fewer Canadian oil and gas wells in 2021

CALGARY — The Petroleum Services Association of Canada says it expects another "bleak" year for Canadian oil and gas drilling in 2021.

Oct 29, 2020 11:17 AM Read more >

Canadian women's hockey team yearns for international competition

CALGARY — The Canadian women's hockey team is in desperate need of international games. Gina Kingsbury hopes a Rivalry Series against the United States can happen this winter.

Oct 29, 2020 9:18 AM Read more >

Husky Energy hit by non-cash impairment charges, reports $7-billion loss in Q3

CALGARY — Husky Energy Inc. reported a nearly $7.1-billion loss in its latest quarter as it was hit by $6.7 billion in non-cash impairment charges after taxes related to lower long-term commodity price assumptions and reduced capital investment.

Oct 29, 2020 9:11 AM Read more >