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Alberta News

Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

CALGARY — Crescent Point Energy Corp. expects to generate "significant" excess cash flow this year as energy prices surge, chief executive Craig Bryksa said Wednesday.
ASIRT investigating after man shot during confrontation with Edmonton police

ASIRT investigating after man shot during confrontation with Edmonton police

EDMONTON — Alberta's police watchdog is investigating after a man who was reportedly firing a gun in an Edmonton parking lot was shot and killed during a confrontation with police officers.
Inter Pipeline board recommends shareholders support revised Brookfield offer

Inter Pipeline board recommends shareholders support revised Brookfield offer

CALGARY — Inter Pipeline Ltd. says its board of directors is recommending shareholders accept a $16-billion takeover offer by Brookfield Infrastructure Partners LLP.
Cost of data breaches in Canada hit new record in 2021: IBM

Cost of data breaches in Canada hit new record in 2021: IBM

CALGARY — The average cost of a data breach in Canada hit a record high last year as companies grappled with new cybersecurity risks during the COVID-19 pandemic.
Family of woman killed in hotel says justice served, but killer to appeal conviction

Family of woman killed in hotel says justice served, but killer to appeal conviction

EDMONTON — The daughter of an Indigenous woman who was killed in a hotel room a decade ago says a judge's decision to sentence her mother's killer to 12 1/2 years in prison is a sign of justice.
Sentencing delay for men found guilty of flouting Alberta COVID-19 rules

Sentencing delay for men found guilty of flouting Alberta COVID-19 rules

CALGARY — Sentencing arguments for an Alberta pastor, his brother and a café owner found guilty of contempt after deliberately violating COVID-19 health orders has been put over until September.
Urgent need in Alberta to address potent drug supply, overdose crisis: health experts

Urgent need in Alberta to address potent drug supply, overdose crisis: health experts

EDMONTON — Alberta needs to create an emergency program similar to ones in other provinces to address a toxic drug supply that is killing people, an emergency room doctor and public health professor say.
WestJet signs code share agreement with Dutch airline KLM

WestJet signs code share agreement with Dutch airline KLM

CALGARY — WestJet Airlines has expanded an existing code-share agreement with KLM Royal Dutch Airlines.

Brookfield Asset Management completes privatization of Brookfield Property partners

CALGARY — Brookfield Asset Management Inc. says it has closed a deal to acquire the remaining stake in Brookfield Property Partners.

Brookfield confident in offer for Inter Pipeline after Pembina terminates rival bid

CALGARY — Brookfield Infrastructure Partners LLP said it's confident its hostile bid for Calgary-based Inter Pipeline will be successful now that Pembina Pipeline Corp. has terminated its own rival offer.