Markets & Investment

'Fiscal reckoning': Alberta to outline $20B plus deficit in financial update

Thursday, August 27, 2020, 6:45 AM MDT

Albertans are to get a look at the province's biggest deficit in history when the government releases its financial update…

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AltaGas approved to double propane exports

Thursday, August 27, 2020, 6:33 AM MDT

Just a little over a year after AltaGas Ltd. commissioned its new propane export terminal in Prince Rupert, the company…

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Oil near five-month high with hurricane menacing U.S. refineries

Thursday, August 27, 2020, 6:26 AM MDT

Oil held near a five-month high as Hurricane Laura disrupts production and refining in the U.S. Gulf. Futures in New…

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'I don't drop the ball': O'Toole promises to fight for West, human rights

Wednesday, August 26, 2020, 7:31 AM MDT

Newly elected Conservative Leader Erin O'Toole said Tuesday that as leader, and as a prime minister, he will stand up…

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Oil slips from five-month high with hurricane near U.S. coast

Wednesday, August 26, 2020, 6:49 AM MDT

Oil edged lower from a five-month high as Hurricane Laura bore down on key refining facilities on the U.S. Gulf…

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Alberta's debt will continue to rise as economy struggles: premier

Wednesday, August 26, 2020, 6:44 AM MDT

Alberta Premier Jason Kenney is painting a dark picture ahead of this week's financial update. The Alberta legislature is to…

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Oil and gasoline rally with major hurricane set to hit U.S. Gulf

Tuesday, August 25, 2020, 6:40 AM MDT

Oil gained toward $43 a barrel as Laura was predicted to become a major hurricane, menacing crude production and refineries…

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A $91 billion asset manager dumps Exxon, Chevron on Climate

Monday, August 24, 2020, 6:36 AM MDT

Norwegian life insurer Storebrand ASA has beefed up its climate policy, leading it to exit oil giants Exxon Mobil Corp.…

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Oil rises with dual storms shutting U.S. Gulf coast production

Monday, August 24, 2020, 6:28 AM MDT

Oil edged higher as production was disrupted by two storms approaching the U.S. Gulf Coast. Futures rose 0.8 per cent…

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Summit to tackle Alberta economic diversity

Friday, August 21, 2020, 10:59 AM MDT

A unique summit in early September will tackle a key challenge facing Alberta: how to diversify the provincial economy —…

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Oil extends decline below $43 with demand headwinds mounting

Friday, August 21, 2020, 6:37 AM MDT

Oil fell as the coronavirus pandemic continues to cloud the demand outlook. Europe’s economy unexpectedly lost momentum this month, causing…

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​​​​​​​Intergovernmental Affairs Minister hints at federal support for N.L. oil sector

Friday, August 21, 2020, 6:13 AM MDT

Intergovernmental Affairs Minister Dominic LeBlanc hinted Thursday that details about federal support for Newfoundland and Labrador's troubled oil and gas…

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