Alberta News

Crisis line gets double the number of calls for help after Pope's apology

EDMONTON — People who provide mental health support across the country have been significantly busier helping those with trauma after Pope Francis arrived in Canada and apologized for evil committed by members of the Catholic Church.

Jul 29, 2022 2:00 AM Read more >

Danielle Smith, focus of rivals' debate criticism, deemed UCP leadership front-runner

EDMONTON — Political observers say the United Conservative leadership debate demonstrated that former Wildrose leader Danielle Smith is the pacesetter of a party defining itself not by what it stands for but by what it rails against.

Jul 28, 2022 4:56 PM Read more >

MEG Energy posts $225-million profit, completes turnaround at Christina Lake facility

CALGARY — MEG Energy Inc. reported a $225-million profit in its latest quarter as it completed on time and on budget the planned turnaround at its Christina Lake Phase 2B facility.

Jul 28, 2022 4:18 PM Read more >

Cenovus CEO says inflation 'manageable' as company posts massive upswing in Q2 profit

CALGARY — Cenovus Energy Inc. chief executive Alex Pourbaix said Thursday that inflation has been "manageable" for the energy company so far, but is something he is certainly keeping an eye on.

Jul 28, 2022 11:27 AM Read more >

$Calfrac reports higher revenue, lower net loss in second quarter amid higher pricing$

Calfrac reports higher revenue, lower net loss in second quarter amid higher pricing

CALGARY — Calfrac Well Services Ltd. reported a lower loss in its most recent quarter as its revenues climbed amid improved pricing and increased activity. The oilfield services company says it lost $6.

Jul 28, 2022 9:03 AM Read more >

CP Rail sees second quarter profit fall despite higher revenue

CALGARY — Canadian Pacific Railway Ltd. reported a lower profit despite higher revenue in its latest quarter. The Calgary-based railway reported a net income of $765 million in its second quarter, down from $1.25 billion in the same period last year.

Jul 28, 2022 7:39 AM Read more >

TC Energy second-quarter profit down as it reaches milestone with Coastal GasLink LP

CALGARY — TC Energy Corp. posted a lower quarterly profit as its Coastal GasLink project reaches a "significant milestone.

Jul 28, 2022 6:58 AM Read more >

Alberta United Conservative Party leadership contenders square off in first debate

MEDICINE HAT, ALBERTA, CANADA — Two of Alberta’s pacesetters in the United Conservative leadership race squared off over a provincial sales tax Wednesday night in the first party debate.

Jul 27, 2022 6:29 PM Read more >

Pope leads traditional mass, uses Indigenous languages during Alberta stops

LAC STE. ANNE, Alta. — Pope Francis spoke in three First Nations languages at a sacred pilgrimage site hours after his public mass in Edmonton was called a missed opportunity for not including Indigenous culture or traditions.

Jul 27, 2022 11:23 AM Read more >

Precision Drilling reports $25M net loss in Q2, revenue up 62%

CALGARY — Precision Drilling Corp. says it had a net loss of $24.6 million for the second quarter, down from a net loss of $75.9 million in the same quarter last year. The net loss for the quarter ending June 30 worked out to $1.

Jul 27, 2022 10:25 AM Read more >