Alberta Economy
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Alberta natural gas expected to see jump in prices next year thanks to LNG exports: reportThe Alberta benchmark AECO price is expected to average $2.20 per mmBTU in the second half of this year and then rise to an average of $3.50 per mmBTU in 2026.EconomyJul 7
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Feds announce funding for 5 Alberta carbon capture projectsThe announcement comes as uncertainty continues to cloud a $16.5-billion carbon capture project proposed by the Pathways Alliance.PoliticsJul 4
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Sharp drop in global crude oil prices drags down Canadian energy stocksWest Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel today.EconomyApr 4
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Hope Mission says it’s helping record number of Edmontonians, fears impact of trade warThe Hope Mission says the record-breaking numbers of clients it is serving includes people needing shelters, meals and prevention programs.CanadaMar 13
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Saint John and Calgary are the Canadian cities that would be hit hardest by U.S. tariffs: reportUsing Statistics Canada data, the organization came up with a "U.S. Tariff Exposure Index" to look at the potential impact of threatened American tariffs on 41 Canadian cities.EconomyFeb 11
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Red Deer’s unemployment rate highest in Canada, other Alberta cities hold steadyOne economist warns the Statistics Canada report on unemployment rates aren't quite as grim as the data suggests, but says the threat of a trade war could change the market.EconomyFeb 10
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Number of Albertans receiving income support reaches highest total since 2019: government dataAs of October, almost 57,500 residents were getting income support.MoneyJan 6
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Alberta minister wants to see $100B in data centre infrastructure in next 5 yearsGlubish says Meta, as well as other major companies including Google and Amazon, are on the hunt for space to build more facilities, and he wants Alberta to be an option.PoliticsDec 4, 2024
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Premier Danielle Smith says passenger train system key to meeting Alberta tourism goalsDanielle Smith said building the rail system will take a lot of planning and infrastructure, as well as a whole new Crown corporation.EconomyNov 22, 2024
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Premier Danielle Smith to attend Canadian Embassy’s Trump inauguration partySmith's government has been cultivating relationships with Republicans and like-minded lawmakers in the U.S.PoliticsNov 18, 2024
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Alberta’s Smith says she ‘changed her mind’ on carbon tech and ‘perhaps’ Carney ‘re-calibrating his own thinking’ -