Alberta News

Imperial Oil cutting spending plans for 2020 by $1 billion

CALGARY — Imperial Oil Ltd. is reducing its spending for this year by $1 billion, including a $500-million cut to its capital spending plan as it deals with the COVID-19 pandemic and crash in oil prices.

Mar 31, 2020 9:10 AM Read more >

Hope floats: Alberta town ravaged by flood rolls out parade float for COVID-19

HIGH RIVER, Alta. — A parade float parked on a downtown street in High River, Alta., seems strangely out of place in a world dealing with the COVID-19 pandemic.

Mar 31, 2020 2:00 AM Read more >

Alberta's energy war room to spend only on 'subsistence operations' due to COVID-19

EDMONTON — Alberta's $30-million-a-year energy war room is drastically cutting its budget due to COVID-19.

Mar 30, 2020 7:56 PM Read more >

Former Stampeders running back Tim Petros rose through Calgary football ranks

CALGARY — Former Calgary Stampeders running back Tim Petros has died. He was 58. Born and raised in Calgary, Petros played at the University of Calgary before joining his hometown CFL team in 1984.

Mar 30, 2020 6:05 PM Read more >

Alberta Opposition tells education minister to fight for school funding or quit

EDMONTON — The Alberta Opposition says Education Minister Adriana LaGrange needs to start fighting for students or quit and make way for someone who will.

Mar 30, 2020 4:21 PM Read more >

Alberta doctors send letter to province asking province to delay health-care changes

EDMONTON — More than 800 Alberta doctors have signed an open letter asking the government to delay its proposed health-care restructuring and allow physicians to focus on the COVID-19 pandemic.

Mar 30, 2020 3:35 PM Read more >

Oilsands producers in the red as blended bitumen price dips below $4 per barrel

CALGARY — Oilsands producers are likely losing money or barely breaking even as prices for Western Canadian Select bitumen-blend crude dipped as low as US$3.82 per barrel on Monday, analysts said.

Mar 30, 2020 2:03 PM Read more >

Alberta heavyweight Tanner Boser waits for UFC to call again after COVID-19

His latest fight postponed because of the UFC's inability to find a place to stage it due to COVID-19, Alberta heavyweight Tanner (The Bulldozer) Boser is chilling in his condo with a couple of 40-pound dumbbells, a medicine ball and skipping rope.

Mar 30, 2020 11:34 AM Read more >

Parkland Fuel drains$300M from budget to deal with COVID-19 demand impact

CALGARY — Parkland Fuel Corp. is cutting its 2020 capital spending budget by 52 per cent and trimming executive salaries in response to the uncertain economic impact of the novel coronavirus.

Mar 30, 2020 8:55 AM Read more >

Inter Pipeline cuts dividend and exec pay, suspends sale of bulk liquids storage

CALGARY — Inter Pipeline Ltd. is reducing its dividend by more than 70 per cent and suspending its dividend reinvestment plan as it deals with the drop in energy prices and the COVID-19 pandemic.

Mar 30, 2020 8:26 AM Read more >