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Alberta News

Alberta premier worried about resource revenue, says fiscal restraint the way forward

Alberta premier worried about resource revenue, says fiscal restraint the way forward

CALGARY — Alberta Premier Danielle Smith says spending needs to remain in check as her government looks to sock away savings into its rainy-day fund. She says the government's long-term revenues increase at about three per cent a year.
Calgary home sales up almost 23 per cent in February, prices rising

Calgary home sales up almost 23 per cent in February, prices rising

CALGARY — The Calgary Real Estate Board (CREB) says February home sales were up nearly 23 per cent from last year as new listings rose. The board says sales totalled 2,135 units, while the volume of sales in dollars rose 41.3 per cent to $1.
Man accused of Calgary sex assaults may be getting new lawyer for French trial

Man accused of Calgary sex assaults may be getting new lawyer for French trial

CALGARY — A man accused of sexually assaulting seven women from Calgary may be getting a new lawyer after his trial came to a halt a month ago.
MEG Energy promotes chief operating officer Darlene Gates to chief executive

MEG Energy promotes chief operating officer Darlene Gates to chief executive

CALGARY — MEG Energy Corp. is promoting Darlene Gates to the role of chief executive. The oilsands company says Gates, who is the company's chief operating officer, will take over the top job on May 1 when Derek Evans steps down from the role.
CWB Financial Group Q1 profit down from year ago, provisions for credit losses up

CWB Financial Group Q1 profit down from year ago, provisions for credit losses up

EDMONTON — CWB Financial Group reported its first-quarter profit fell compared with a year ago as its provision for credit losses rose. The Edmonton-based bank says it earned common shareholders' net income of $87.
Sluchinski brings new Alberta team to deep Canadian men's curling championship field

Sluchinski brings new Alberta team to deep Canadian men's curling championship field

A curling team bearing a name other than Bottcher, Koe, Martin or Ferbey will represent Alberta at the Canadian men's championship for the first time in 26 years. Aaron Sluchinski upset Kevin Koe in Alberta's men's final.
'Measured choices': Health, education come out ahead in restrained Alberta budget

'Measured choices': Health, education come out ahead in restrained Alberta budget

EDMONTON — Health care and education came out ahead Thursday in a generally restrained Alberta provincial budget forecasting a paper-thin surplus that could easily go up in smoke.
Man charged in deadly hit and run near Edmonton was wanted on warrants

Man charged in deadly hit and run near Edmonton was wanted on warrants

EDMONTON — RCMP say a man facing charges after a woman was killed during a police chase near Edmonton was wanted on warrants for other crimes in Alberta and Saskatchewan.
Health, education, disaster planning: Highlights of Alberta's latest budget

Health, education, disaster planning: Highlights of Alberta's latest budget

EDMONTON — Alberta’s budget for 2024-25 foresees a slim $367 million surplus, with slightly lower revenues compared to last year’s estimated top line.
Canadian Natural Resources hits record oil production amid rising U.S. demand

Canadian Natural Resources hits record oil production amid rising U.S. demand

CALGARY — Canadian Natural Resources Ltd. drew on its abundant reserves to set a slew of production records last quarter, boosting its bottom line. The Calgary-based company churned out 1.
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