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Alberta News

Fuel retailer Parkland Corp. lowers 2024 earnings forecast as consumer demand falls

Fuel retailer Parkland Corp. lowers 2024 earnings forecast as consumer demand falls

CALGARY 鈥 Fuel retailer and convenience store operator Parkland Corp. lowered its earnings forecast for the year Thursday due to what it said are" ongoing weaknesses" in consumer demand that could continue through the end of 2024.
CNRL curtailing production from new natural gas wells as low prices persist

CNRL curtailing production from new natural gas wells as low prices persist

CALGARY 鈥 Canada's largest oil and gas producer is postponing the start of production from some of its planned new natural gas wells due to persistent low prices. Canadian Natural Resources Ltd.
Cenovus hits debt reduction target, but pledges no change in strategy

Cenovus hits debt reduction target, but pledges no change in strategy

CALGARY 鈥 The CEO of Cenovus Energy Inc. said the company's recent debt repayment milestone will not mean changes to its near-term strategy.
Jasper wildfire leaves hundreds of foreign workers scrambling to arrange work, homes

Jasper wildfire leaves hundreds of foreign workers scrambling to arrange work, homes

EDMONTON 鈥 It didn鈥檛 take long for Namneet Singh to find full-time employment again, after a fire in Jasper, Alta., last week destroyed the hotel he had worked at for more than a year.

Judge gives instructions to jury in murder-conspiracy trial of Coutts protesters

LETHBRIDGE, ALBERTA, CANADA 鈥 Jurors deciding the fate of two men accused of conspiring to murder police at the Coutts, Alta., border crossing were urged by a judge Wednesday to block out background noise in the high-profile case.
'Not out of the woods': Jasper wildfire still out of control, hotter weather expected

'Not out of the woods': Jasper wildfire still out of control, hotter weather expected

EDMONTON 鈥 A fire rampaging through Jasper National Park remained out of control Wednesday, while officials worked to restore power and water in the park's townsite and to hash out a plan for vacationers to retrieve their stranded camping trailers.
Hockey Canada names coaching staff for 4 Nations Face-Off

Hockey Canada names coaching staff for 4 Nations Face-Off

CALGARY 鈥 Bruce Cassidy, Rick Tocchet and Pete DeBoer will join head coach Jon Cooper as assistants for Canada's 4 Nations Face-Off team, Hockey Canada announced Wednesday.
Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

CALGARY 鈥 Canada's largest drilling rig contracting company has seen such surprising growth in customer demand after the opening of the Trans Mountain pipeline expansion that its CEO believes a rig shortage could be possible by next year.
Jasper's fire-affected small businesses face rocky road ahead

Jasper's fire-affected small businesses face rocky road ahead

After labouring for months to bring one of Jasper's newest business concepts to life, the owners of The Peacock Cork & Fork never dreamed the young restaurant's run would be so short-lived. "Rest in Peace you elegant beast.
Lawyer for Coutts accused says client 'bit of a wing nut,' but not murder conspirator

Lawyer for Coutts accused says client 'bit of a wing nut,' but not murder conspirator

LETHBRIDGE, Alta. 鈥 The defence lawyer for Chris Carbert says her client is 鈥渁 bit of a wing nut鈥 who fell down a conspiracy rabbit hole at the border blockade in Coutts, Alta., but that doesn鈥檛 make him guilty of conspiring to kill police.
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