Alberta
province of Canada
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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politics 2025-06-17 23:22
Carney and Trump meet amidst ongoing trade turmoil - Canadian Prime Minister Mark Carney met with U.S. President Donald Trump at the G7 summit to discuss trade issues.
- This meeting is a follow-up to three months of tensions stemming from a trade war initiated by tariffs imposed by Trump.
- While the meeting may signal steps toward easing tensions, full resolution remains unlikely due to the complexity of economic ties.
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business 2025-05-27 10:12
Marty Scase takes charge as executive chairman at Volt Lithium - Marty Scase has been appointed as the Executive Chairman of Volt Lithium Corp.
- The company plans to change its name to LibertyStream Infrastructure Partners Inc.
- This shift reflects Volt's strategy to engage with the U.S. oil and gas sector amid increasing demands for domestic mineral resources.
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business 2025-05-23 23:16
Hudson's Bay Company seeks to monetize multiple lease locations - Hudson's Bay Company ULC announced a definitive agreement for lease assignments involving 28 locations in Ontario, Alberta, and British Columbia.
- This agreement aims to support a new modern department store concept by Ruby Liu Commercial Investment Corp, linked to existing leased locations.
- The assignments are contingent on landlord consents and court approval, reflecting the company's strategic approach to financial restructuring.
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business 2025-05-16 11:49
Benevity launches platform to revolutionize corporate social responsibility efforts - Benevity Inc. launches its Enterprise Impact Platform to streamline CSR and social impact programs.
- The platform integrates multiple functions such as giving and volunteering to enhance program visibility.
- This initiative reflects a major shift in corporate strategies towards social responsibility and measurable impact.
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business 2025-05-08 22:01
Greenfire Resources announces successful annual meeting results - Greenfire Resources held its annual meeting of shareholders with over 80% of shares voted.
- All nominees for the Board of Directors were successfully elected and new committee appointments were made.
- The company is poised for growth in the oil sands sector following strong shareholder approval.
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politics 2025-05-06 00:20
Alberta premier proposes referendum to separate from Canada - The premier of Alberta announced plans for a referendum on separation if a petition garners enough signatures.
- Legislation aims to lower signature requirements and extend collection time for citizen-initiated referendums.
- Despite the announcement, Smith does not personally support separation but seeks a stronger Alberta within Canada.
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politics 2025-01-13 21:24
Alberta's premier refuses to halt energy shipments to the US amid tariff threats - Danielle Smith emphasized the ownership of oil and gas resources by the provinces, particularly by Alberta.
- Trump’s proposed tariffs are part of economic coercion efforts that could harm both countries.
- Smith advocates for maintaining a cooperative trade relationship rather than resorting to threats.
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politics 2024-12-20 19:25
Americans face skyrocketing gas prices if Trump imposes tariffs on Canada - The European Union faces potential tariffs from Donald Trump unless they significantly increase oil and gas imports from the U.S.
- Political instability in Europe complicates the ability to formulate a cohesive response to Trump's trade threats.
- Alberta Premier Danielle Smith predicts American consumers will see higher gas prices if Trump implements planned tariffs.
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environment 2024-12-16 15:50
Geomagnetic storm ignites breathtaking northern lights in southern Alberta - Lisa Jones ventured out to photograph the northern lights in southern Alberta after learning of a strong geomagnetic storm.
- Despite challenges like frigid weather and a camera malfunction, she succeeded in capturing stunning images of the aurora borealis.
- The experience was monumental for Jones, marking her first encounter with the northern lights and inspiring her love for nature photography.
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business 2024-12-16 07:00
Canadian Premium Sand Inc. successfully completes critical financing initiatives - Canadian Premium Sand Inc. announced completion of two financing initiatives totaling over $3 million.
- The maturity date of convertible debentures has been extended by one year, indicating strong investor support.
- The company aims to finalize financial backing and secure a lead investor for its solar glass projects.
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business 2024-12-13 12:43
Freehold Royalties completes major acquisition of mineral title - Freehold Royalties Ltd. completed the acquisition of mineral title and royalty interests in the Midland Basin for approximately $259 million.
- The acquisition is expected to generate about 1,500-1,600 barrels of oil equivalent per day and around $37 million in net royalty revenue in 2025.
- The company's proactive strategies enhance financial stability and shareholder returns through increased credit facilities and a declared monthly dividend.
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politics 2024-12-12 17:21
Rachel Notley quits legislature, igniting political chaos in Alberta - Former Alberta Premier Rachel Notley announced her resignation as the legislature representative for Edmonton-Strathcona, effective December 30.
- She expressed gratitude towards her supporters and constituents but did not share her future intentions.
- Notley's resignation signifies a pivotal change in the NDP's leadership following her earlier step down as party leader.
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business 2024-12-12 11:00
Alberta's new plant can produce millions of litres of synthetic diesel from natural gas - Rocky Mountain Clean Fuels has received a $20 million grant to enhance production capabilities at its facility in Alberta.
- The facility utilizes natural gas as feedstock and can produce 25 million litres of synthetic diesel annually.
- The investment is part of Alberta's broader goal to grow its petrochemical sector significantly by 2043.
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environment 2024-12-12 00:00
Alberta dominates Canada’s honey industry, but at what cost? - Calgary is Alberta's largest city and has been designated a 'Bee City' due to community initiatives supporting local beekeeping.
- Prominent businesses like Burwood Distillery and The Dorian Hotel integrate honey and beekeeping into their offerings, fostering local food connections.
- The growth of beekeeping in Calgary signifies the importance of bees to local agriculture and the overall food culture in Alberta.
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politics 2024-12-09 21:42
Alberta pulls plug on foreign worker recruitment trip to UAE - Alberta has canceled a recruitment mission for foreign workers in the UAE after the Immigration Minister reviewed its purpose.
- The mission was linked to the Alberta Advantage Immigration Program, which addresses labor shortages in key sectors.
- This decision highlights ongoing concerns related to immigration levels and economic impacts in Alberta.
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politics 2024-12-08 23:24
Alberta prioritizes agriculture in new renewable energy rules - Alberta paused renewable energy development in August 2023 to reassess land use regulations.
- The new Electric Energy Land Use and Visual Assessment Regulation bans wind projects on prime agricultural land, with strict visual assessment requirements.
- The province aims to balance agricultural preservation with renewable energy development, leading to economic benefits in rural areas.
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politics 2024-12-06 03:46
Alberta claims the top spot for economic freedom in Canada - Alberta achieved a score of 8.1 out of 10 in the Economic Freedom of North America report.
- Other Canadian provinces fall significantly below Alberta, with most ranking in the bottom half.
- The study highlights that higher economic freedom is linked to better overall prosperity and well-being.
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business 2024-12-05 09:05
Ceffu's support for EOS mainnet shakes up the crypto custody landscape - The EOS Network Foundation partners with Ceffu to enhance custody solutions for EOS assets.
- Ceffu's technology allows institutions to securely manage EOS holdings and leverage CeDeFi strategies.
- This integration is expected to strengthen EOS's appeal to institutional investors and showcase its growth in the crypto economy.
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politics 2024-12-05 02:22
Alberta passes bill limiting public access to government documents - An Alberta government bill proposing significant changes to freedom of information laws has passed its final reading.
- The bill introduces various new exemptions that limit access to government documents.
- The information and privacy commissioner warns of a potential decline in transparency as a result of the bill.
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politics 2024-12-03 18:33
Alberta aims to cut photo radar sites by 70 percent amid safety concerns - The Alberta government is reviewing photo radar sites to reduce their number by 70 percent by next spring.
- The changes will limit enforcement to specific areas like school zones and respond to public concerns over safety and revenue generation.
- This legislation may lead to increased traffic risks, as critics warn of a possible rise in serious collisions.
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business 2024-12-03 17:00
RE Royalties invests $6.3 million in Alberta solar project - RE Royalties Ltd. has entered into a loan agreement with Alpin Solar SA for $6.3 million.
- The funded project in Alberta is anticipated to produce 386,000 MWh of clean energy annually.
- This collaboration emphasizes the importance of renewable energy financing in advancing sustainability goals.
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politics 2024-12-02 10:00
Stephen Harper takes charge of Alberta's pension fund management - Stephen Harper's appointment occurred after a leadership overhaul at AIMCo, which manages Alberta's public-sector pensions.
- The Alberta government fired most of AIMCo’s senior leadership, indicating significant turmoil within the company.
- The leadership changes raise questions about governance and the future management of public pension funds in Alberta.
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entertainment 2024-12-01 14:35
Alberta theatre restoration breathes new life into historic venue - The Roxy Theatre in Coleman hasn't operated for 20 years, with major elements missing.
- It has been designated as a provincial historic resource in 2022 and is set to undergo a $4 million restoration.
- Community leaders believe restoring the theatre will enhance local culture, tourism, and overall community spirit.
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business 2024-11-29 21:40
High Arctic Overseas sees significant turnaround with net income in 2024 - High Arctic Overseas Holdings Corp. released financial results for Q3 2024 following its separation from High Arctic Energy Services Inc. in August 2024.
- The corporation reported a 30% revenue decline year-over-year, with revenues totaling $21,654 for the first nine months of 2024.
- Despite the downturn in revenue, the company achieved a net income of $1,051, marking a turnaround from the previous year's losses.
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technology 2024-11-29 19:57
Alberta town vies for lunar rover name as excitement grows - The Canadian Space Agency has launched a public vote to name the upcoming lunar rover.
- Athabasca is one of the shortlisted names, generated excitement among its residents.
- The rover's mission is to search for water on the moon, marking a significant achievement for Canadian space exploration.
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business 2024-11-29 16:10
Legacy Lithium announces significant share consolidation for investors - The consolidation reduces the number of outstanding shares from 12,875,453 to 2,575,092.
- Shareholders will not receive fractional shares and will either be rounded up or down.
- This strategic move aims to enhance shareholder value and streamline the capital structure.
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business 2024-11-28 23:05
Cielo Waste Solutions sells assets for $3.9 million amid strategic focus shift - Cielo Waste Solutions Corp. has executed an asset purchase agreement to sell its TCD Assets and Aldersyde Property.
- The total purchase price for the assets is $3.9 million, which includes assumption of the existing mortgage loan.
- The transaction enables Cielo to focus on its Licensed Technologies to advance its BioSynfuels® business and enhance shareholder value.
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business 2024-11-28 19:59
Prospera Energy reports significant losses amid increased production and revenue - Prospera Energy Inc. reported Q3 2024 financial results, showing increased production and revenue.
- Despite higher revenues, the company posted a substantial loss owing to increased operating costs and lower sales prices.
- The company indicates ongoing efforts for expansion and improving financial performance in a challenging market.
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science 2024-11-28 12:08
Calgary secures $3.52M for revolutionary heart valve intervention program - The Calgary Health Foundation announced a $3.52 million commitment for a heart valve intervention program at Foothills Medical Centre.
- The program aims to enhance the availability of transcatheter edge-to-edge repair (TEER) surgery, specifically the MitraClip procedure.
- This revolutionary initiative underscores Calgary Health Foundation's commitment to improving heart health through innovative surgical care.
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society 2024-11-28 00:46
Judge denies bail for woman accused of drowning child in Alberta - Mary Quinn is charged with failing to provide necessaries of life after a five-year-old girl drowned at Wabamun Lake on October 13, 2024.
- Evidence presented in court included contradictory statements from Quinn and eyewitness accounts indicating possible criminal negligence.
- A judge ruled that Quinn poses a significant risk to public safety and denied her bail pending trial.
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politics 2024-11-27 19:58
Guilbeault condemns Alberta's emissions data ownership plan as highly irresponsible - Alberta's government plans to take ownership of greenhouse gas emissions data, aiming to challenge federal regulations.
- Federal Environment Minister Steven Guilbeault warns this could encourage non-compliance among oil and gas companies.
- Guilbeault labels the provincial plan as highly irresponsible amid concerns for breaking federal emissions laws.
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politics 2024-11-27 16:27
Alberta invests $23 million in youth addiction recovery initiative - The Alberta government will invest $23 million in building a youth addiction recovery centre.
- The facility will be created by renovating part of the Edmonton Young Offenders Centre, ensuring a separate environment for treatment.
- Goal of the investment is to enhance support systems for youth struggling with addiction and foster long-term recovery.
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2023 All rights reserved
2023 All rights reserved