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Alberta News

Suncor's Q2 net profit increases more than fourfold year-over-year

Suncor's Q2 net profit increases more than fourfold year-over-year

CALGARY — Suncor Inc. says it earned $3.99 billion in the second quarter of 2022, or $2.84 per common share, more than four and a half times the $868 million it earned in the same period of 2021.
Alberta ends Edmonton hospital hallway medicine directive to combat patient surge

Alberta ends Edmonton hospital hallway medicine directive to combat patient surge

EDMONTON — The Alberta government says it has ended the emergency directive calling for some patients in Edmonton hospitals to be treated in hallways.
Pembina Pipeline's profits rise on higher crude, natural gas prices

Pembina Pipeline's profits rise on higher crude, natural gas prices

CALGARY — Pembina Pipeline Corp. says it earned $418 million in the second quarter, reflecting higher natural gas liquids (NGL) and crude oil prices and margins, as well as rising volumes on its key pipeline systems.
Golfer Doug Barron back in Calgary to defend Shaw Charity Classic title

Golfer Doug Barron back in Calgary to defend Shaw Charity Classic title

CALGARY — Back to defend his 2021 Shaw Charity Classic victory, Doug Barron is hoping a few tips from a Canadian golfing icon will help him in that quest.
Alberta tightening bonus-payment rules after hefty COVID-19 payout to health chief

Alberta tightening bonus-payment rules after hefty COVID-19 payout to health chief

EDMONTON — The Alberta government is tightening the rules around employee bonuses in light of the six-figure payout to the chief medical officer of health during COVID-19.
Proposed emissions cap on oil and gas sector overly ambitious': CNRL

Proposed emissions cap on oil and gas sector overly ambitious': CNRL

CALGARY — The head of Canada's largest oil-and-gas producing company criticized the federal government's proposed emissions cap for the energy sector Thursday, arguing environmental goals must be balanced with economic and energy security concerns.
Ukraine war will drive demand for Nutrien products for years: CEO

Ukraine war will drive demand for Nutrien products for years: CEO

CALGARY — Saskatoon-based fertilizer giant Nutrien Ltd. surged to all-time high profits in the first six months of 2022 as the war in Ukraine destabilized agriculture markets and heightened global food security fears.
Canada goes unbeaten in preliminaries after 3-0 win over Sweden at Hlinka Gretzky Cup

Canada goes unbeaten in preliminaries after 3-0 win over Sweden at Hlinka Gretzky Cup

RED DEER, Alta. — Canada's men's under-18 team closed out preliminary play undefeated after a 3-0 victory over Sweden on Wednesday at the Hlinka Gretzky Cup.
Kailer Yamamoto, Oilers agree to terms on two-year extension

Kailer Yamamoto, Oilers agree to terms on two-year extension

EDMONTON — Forward Kailer Yamamoto has agreed to terms on a two-year extension with the Edmonton Oilers on Wednesday. The deal will carry an average annual value of US$3.1 million.
Hail as big as tennis balls, softballs and eggs fell in Alberta: Environment Canada

Hail as big as tennis balls, softballs and eggs fell in Alberta: Environment Canada

EDMONTON — Matt Berry was driving home after golfing Monday evening when cloudy skies quickly turned into a rare storm that dropped hail the size of softballs, caving in his windshield and leaving about 150 dents in his car.
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