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Alberta News

Q&A: How does Western Canadian Select oil pricing work?

CALGARY — Western Canada's oil price woes are often illustrated by references to the Western Canadian Select benchmark crude oil price.
Bellatrix sale to Return Energy proposed as exit to creditor protection status

Bellatrix sale to Return Energy proposed as exit to creditor protection status

Calgary-based Bellatrix Exploration Ltd. says it has struck a deal to exit Companies’ Creditors Arrangement Act court protection after six months through a sale of its assets to Return Energy Inc. Return would pay $87.
Preventive measures at Alberta meat plants came too late to stop outbreaks

Preventive measures at Alberta meat plants came too late to stop outbreaks

CALGARY — The rapid spread of COVID-19 at Canada's meat-packing plants isn't a surprise, say union and health officials.
Alberta investigating COVID-19 outbreaks at two major beef processing plants

Alberta investigating COVID-19 outbreaks at two major beef processing plants

EDMONTON — Alberta has launched workplace safety investigations into two beef processing plants afflicted with COVID-19 outbreaks.
NHL kicks tires on Edmonton as one possible hub site to complete regular season

NHL kicks tires on Edmonton as one possible hub site to complete regular season

Edmonton is under consideration by the NHL as a hub where games could be played in a compressed timeline to complete the regular season.
WestJet announces 3,000 layoffs and domestic flight cancellations over COVID-19

WestJet announces 3,000 layoffs and domestic flight cancellations over COVID-19

CALGARY — WestJet Airlines Ltd. says it will lay off 3,000 people and cancel more than 4,000 domestic flights weekly in May as the COVID-19 pandemic continues to hammer the airline industry.
Trucking firm Mullen Group reports 1,000 layoffs as pandemic slows economy

Trucking firm Mullen Group reports 1,000 layoffs as pandemic slows economy

CALGARY — Trucking, logistics and oilfield services firm Mullen Group Ltd. says it has temporarily laid off about 1,000 people because of the impact of measures to control the COVID-19 pandemic.
Analysis finds Alberta public pension manager loses big in oilpatch investments

Analysis finds Alberta public pension manager loses big in oilpatch investments

EDMONTON — Alberta's public pension manager has lost millions after investing in smaller energy companies at a time when the entire sector is in decline, an analysis has found.
Energy sector shutting down oil production as low crude oil prices persist

Energy sector shutting down oil production as low crude oil prices persist

Calgary-based energy companies are continuing to reduce production, cut spending and trim costs as volatile oil prices remain stubbornly below profitable levels. Enerplus Corp.

Staff at Alberta meat plant scared of COVID-19, not showing up to work: union

CALGARY — The union representing workers at a southern Alberta meat-packing plant says some employees don't feel safe because of an outbreak of COVID-19 and they aren't showing up for work.