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Alberta News

Parkland Corp. sees earnings rise in fourth quarter despite lower sales

Parkland Corp. sees earnings rise in fourth quarter despite lower sales

CALGARY — Parkland Corp. says it earned $86 million in its fourth quarter, up from $69 million a year earlier. The Calgary-based company says earnings per diluted share were 48 cents, up from 39 cents during the same quarter the year before.
Trans Mountain's latest cost estimate climbs 10 per cent, regulatory filing shows

Trans Mountain's latest cost estimate climbs 10 per cent, regulatory filing shows

CALGARY — The company building the Trans Mountain pipeline expansion now estimates the project's costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion. That's according to a regulatory filing Trans Mountain Corp.
Alberta budget to allocate $20M toward planning for new Edmonton children's hospital

Alberta budget to allocate $20M toward planning for new Edmonton children's hospital

EDMONTON — The Alberta government's upcoming budget is to allocate $20 million over the next three years to advance plans for a stand-alone children's hospital in the provincial capital.
'Not consulted': Alberta health minister questions Ottawa's national pharmacare plan

'Not consulted': Alberta health minister questions Ottawa's national pharmacare plan

EDMONTON — Alberta's health minister is questioning the need for a national pharmacare plan, saying the province already has a comprehensive program for seniors, as well as for those who have low incomes and receive disability benefits.
'Pillar in our community': Head of Alberta food bank killed during police chase

'Pillar in our community': Head of Alberta food bank killed during police chase

EDMONTON — A bystander killed in a hit-and-run during a high-speed police chase near Edmonton is being remembered for her unwavering dedication to helping those in need. Kassandra Gartner, 45, of Fort Saskatchewan, Alta., was killed Saturday.
Lynx Air hoped its purchase by Flair would ease debt woes

Lynx Air hoped its purchase by Flair would ease debt woes

CALGARY — Before its shutdown this week, Lynx Air was hoping to pay off someof its debt to a top investor through a purchase by rival discount carrier Flair Airlines.
CAPP projects slight increase in Canadian oil and gas capital spending in 2024

CAPP projects slight increase in Canadian oil and gas capital spending in 2024

CALGARY — The industry group representing Canada's oil and gas producers says capital investment in the sector will edge slightly higher in 2024.
Draisaitl, Bouchard help Oilers beat Kings 4-2 to snap three-game skid

Draisaitl, Bouchard help Oilers beat Kings 4-2 to snap three-game skid

EDMONTON, Alberta (AP) — Leon Draisaitl and Evan Bouchard each had a goal and an assist as the Edmonton Oilers beat the Los Angeles Kings 4-2 on Monday night to snap a three-game skid.
Bouchard blast helps Oilers snap skid, clip Kings 4-2

Bouchard blast helps Oilers snap skid, clip Kings 4-2

EDMONTON — It was an opportune time for the Edmonton Oilers to rediscover their game.
Crude-by-rail shipments jumped in last half of 2023 as Alberta's oil output grows

Crude-by-rail shipments jumped in last half of 2023 as Alberta's oil output grows

CALGARY — Canadian crude-by-rail shipments nearly doubled in volume in the last six months of 2023, as oil output from Alberta surged to all-time highs and the Trans Mountain pipeline expansion remained under construction.
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