Alberta News

CALGARY — More energy industry dividends are being slashed as investors turn their backs on companies whose payouts are now unaffordable with oil prices plunging to less than US$30 per barrel. Calgary-based TORC Oil & Gas Ltd.

EDMONTON — The Alberta government is looking to auction off a small patch of native prairie to be plowed under despite recent promises that no Crown land would be put up for sale.

CALGARY — Some legal experts are warning that the COVID-19 pandemic will have lasting effects on the Canadian justice system.

CALGARY — TransAlta Corp. has acquired a cogeneration facility in Michigan from two private companies for approximately US$27 million. TransAlta chief executive Dawn Farrell says the deal marks the company's first U.S. cogeneration project.

CALGARY — WestJet says it is suspending all commercial international and transborder flights for a 30-day period to help control the spread of COVID-19, effective March 23.

CALGARY — Two Alberta cities have called local states of emergency to help fight the spread of COVID-19.

EDMONTON — A doctor who has become the face of Alberta's medical response to the novel coronavirus outbreak is in self-isolation.

CALGARY — The Calgary Airport Authority expects to lose revenues equivalent to nearly one quarter of its annual budget as the COVID-19 pandemic spurs flight cancellations, reduced bookings and travel restrictions.

CALGARY — It's a "glass half-full" way of looking at a crisis but as plunging oil prices cast a shadow over oil and gas companies in Western Canada, the drilling industry is already slowing down because of the weather.

EDMONTON — Aurora Cannabis Inc. says founder and former chief executive Terry Booth has sold nearly 12.2 million shares in the company into the open market.