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Alberta News

Calgary home sales decline 10% in July from last year, prices rise: board

Calgary home sales decline 10% in July from last year, prices rise: board

CALGARY — The Calgary Real Estate Board says July home sales dropped 10 per cent year-over-year as 2,380 properties were sold.
Alberta meditation centre tent collapses in high winds, killing 1 and injuring dozens

Alberta meditation centre tent collapses in high winds, killing 1 and injuring dozens

BUSBY, Alta. — A Buddhist retreat northwest of Edmonton was set to continue after a tent collapsed in fierce winds, killing one and injuring dozens, a day before the 10-day event was to begin.
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 — 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 — 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 — 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 — It didn’t 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

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

LETHBRIDGE, ALBERTA, CANADA — 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 — 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 — 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 — 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.
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