Alberta News

CALGARY — Canadian Pacific Railway Ltd. is revising its financial guidance for the year and lowering its expectations as a result of the fallout from the COVID-19 pandemic.

The temporary closure of an Alberta meat processing facility due to a COVID-19 outbreak isn't expected to result in beef shortages, but the reduction in capacity will mean that ranchers will bear the brunt as their costs rise and prices for their pro

CALGARY — Stronger and more stable natural gas prices in the wake of North American oil production cuts are offering hope for better times to some gas producers but haven't changed Keyera Corp.

EDMONTON — Alberta is bumping up salaries, funding and hiring at long-term care centres, which have been hit hard with COVID-19 infections and deaths.

CALGARY — A meat-packing plant in southern Alberta where a worker died because of COVID-19 is temporarily shutting down as the result of an outbreak at the facility.

A group of rural doctors says 44 Alberta communities will be directly affected by recent government changes to the way physicians can bill for services.

LETHBRIDGE, Alta. — The University of Lethbridge has shut down its men's and women's hockey teams citing three straight years of cuts to its operating grant.

CALGARY — PrairieSky Royalty Ltd. is reporting a 67 per cent drop in net earnings on sharply lower oil and gas prices in the first quarter.

CALGARY — A Calgary energy analyst says the plunge by benchmark U.S. crude oil prices into negative territory for the first time on Monday is a short-term anomaly that likely won't have a lasting effect on Canadian producers.

CALGARY — A move by Husky Energy Inc. to halt production of 80,000 barrels per day takes the total reduction in Canadian crude output to about 365,000 bpd since the onset of measures to deal with the COVID-19 pandemic, an analyst says.