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Alberta News

Alberta proposes law on pension-exit referendum, but bill doesn't make result binding

Alberta proposes law on pension-exit referendum, but bill doesn't make result binding

EDMONTON — The Alberta government has introduced legislation promising residents will get a say in a referendum on leaving the Canada Pension Plan, but the bill does not force the government to accept the result.
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Pembina Pipeline reports record third quarter; raises full-year guidance

Pembina Pipeline reports record third quarter; raises full-year guidance

CALGARY — Pembina Pipeline Corp. says it earned $346 million in the third quarter of 2023, down from $1.8 billion in the same three-month period of 2022.
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Alberta proposes changes to Public Health Act after COVID court ruling

Alberta proposes changes to Public Health Act after COVID court ruling

EDMONTON — The Alberta government is proposing changes to the Public Health Act to allow politicians to make final decisions in public health emergencies.
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Crescent Point Energy pleased so far with Montney assets bought in $1.7-billion deal

Crescent Point Energy pleased so far with Montney assets bought in $1.7-billion deal

CALGARY — Crescent Point Energy Corp. said Thursday it is pleased with the results it has obtained so far from oilfield assets the company purchased earlier this year in a $1.7-billion deal.
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'Positive step' toward equality for women to form majority on Supreme Court: Virani

'Positive step' toward equality for women to form majority on Supreme Court: Virani

OTTAWA — The majority of Supreme Court of Canada justices are going to be women for the first time in its 148-year history, and that's a positive step for gender equality in the country writ large, Justice Minister Arif Virani said Thursday.
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Cenovus Energy reports Q3 profit up; overcomes start-of-year challenges

Cenovus Energy reports Q3 profit up; overcomes start-of-year challenges

CALGARY — Cenovus Energy Inc. saw its profits surge in the third quarter as the Calgary based oil company overcame a number of challenges that had plagued it earlier in the year. Cenovus said Thursday it earned a third-quarter profit of $1.
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Canadian Natural president Tim McKay to retire, Scott Stauth to be promoted to role

Canadian Natural president Tim McKay to retire, Scott Stauth to be promoted to role

CALGARY — Canadian Natural Resources Ltd. president Tim McKay will retire next year after a five-year leadership stint that coincided with the Calgary-based company surpassing $100 billion in market value.
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TransAlta buying Heartland in deal worth $658 million including assumed debt

TransAlta buying Heartland in deal worth $658 million including assumed debt

CALGARY — TransAlta Corp. has signed a deal to buy Heartland Generation Ltd. and its power generation business in Alberta and B.C. in a deal valued at $658 million, including assumed debt.
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Parkland Corp. delivers strong quarter in wake of activist investor push

Parkland Corp. delivers strong quarter in wake of activist investor push

CALGARY — Less than 12 months after an activist investor critiqued its performance, fuel retailer Parkland Corp. has doubled its third quarter profit and announced it will exceed its previously announced earnings guidance for 2023.
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Stars score 3 in 2nd period and hold on to beat Flames 4-3

CALGARY, Alberta (AP) — Jason Robertson, Evgenii Dadonov, and Mason Marchment scored in Dallas’ three-goal second period and the Stars held on to beat the Calgary Flames 4-3 on Wednesday night.
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