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Alberta News

CWB reports Q3 profit down from year ago, provision for credit losses up

CWB reports Q3 profit down from year ago, provision for credit losses up

EDMONTON — CWB Financial Group reported its third-quarter profit fell compared with a year ago as it saw the amount it set aside for bad loans climb higher.
Crown recommends nine years in prison for protesters at Coutts border blockade

Crown recommends nine years in prison for protesters at Coutts border blockade

LETHBRIDGE, Alta. — A Crown prosecutor says two men convicted of mischief and weapons offences at the 2022 border blockade at Coutts, Alta.
Calgarians fail to meet water reduction targets for third consecutive day

Calgarians fail to meet water reduction targets for third consecutive day

CALGARY — Calgarians missed the mark for the third day in a row in the latest round of water rationing, and officials say it appears many residents are ignoring the ban by continuing to water their lawns.
'Did nothing wrong': Alberta minister had free VIP tickets to Oilers playoff games

'Did nothing wrong': Alberta minister had free VIP tickets to Oilers playoff games

EDMONTON — Alberta Finance Minister Nate Horner says he accepted free VIP tickets to Edmonton Oilers hockey games during the Stanley Cup Playoffs but didn’t break conflict-of-interest rules.
Alberta government expecting a boost in its 2024-25 surplus largely due to oil prices

Alberta government expecting a boost in its 2024-25 surplus largely due to oil prices

EDMONTON — Alberta's first-quarter fiscal update shows the government expects a surplus of $2.9 billion but won't have surplus cash this year and will need to borrow hundreds of millions of dollars.
Shares of Parex Resources drop after company cuts production forecast

Shares of Parex Resources drop after company cuts production forecast

CALGARY — Shares of Parex Resources Inc. were down nearly 30 per cent in early trading after the company cut its production guidance for the year and said its chief financial officer was leaving to pursue another opportunity.
RCMP charge man with second-degree murder in Alberta corn maze stabbing

RCMP charge man with second-degree murder in Alberta corn maze stabbing

SPRUCE GROVE, Alta. — RCMP have charged a man with second-degree murder in a stabbing at a corn maze west of Edmonton. They say officers received a call Tuesday night about the stabbing at the Edmonton Corn Maze near Spruce Grove.
Doctors, nurses say Alberta plan to transfer hospitals alarming and concerning

Doctors, nurses say Alberta plan to transfer hospitals alarming and concerning

EDMONTON — Alberta's doctors and nurses say they have questions and concerns about the government's plan to off-load underperforming hospitals to third-party operators. Dr.
Calgarians do better on second day of water rationing as pipe repairs continue

Calgarians do better on second day of water rationing as pipe repairs continue

CALGARY — City officials say Calgarians are getting better at cutting down on their water use, but need to do more to stop the taps from potentially running dry. The city says 497 million litres of water were used on Tuesday.
Calgary airport says hail damage repairs to take at least 18 months

Calgary airport says hail damage repairs to take at least 18 months

CALGARY — The Calgary Airport Authority says it will take at least a year and a half to fix part of its domestic terminal that was hammered by hail earlier this month. It says Concourse B will be closed while restoration work is done.