Markets & Investment

'Economic engine': Alberta predicting $2.4 billion surplus for petro powered economy

Wednesday, March 1, 2023, 6:07 AM MST

Alberta is predicting a $2.4-billion budget surplus for its petro-powered economy this year, with plans to take a big bite…

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Oil set for fourth monthly loss as Fed tightening eclipses China

Tuesday, February 28, 2023, 6:39 AM MST

Oil headed for a fourth consecutive monthly decline as concerns over tighter monetary policy and swelling stockpiles in the US…

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Oil steady as halt to polish pipeline supply offsets rate fears

Monday, February 27, 2023, 6:41 AM MST

Oil steadied as traders weighed the prospects for tighter US monetary policy against optimism for a demand recovery in China…

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Alberta expecting another gusher in budget ahead of provincial election

Monday, February 27, 2023, 6:28 AM MST

Alberta is scheduled to introduce its budget Tuesday – the last before a spring provincial election – with political observers…

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Oil extends gain for a second session ahead of US inflation data

Friday, February 24, 2023, 6:12 AM MST

Oil rose for a second session ahead of US data that will help shape the debate over monetary policy. West…

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Oil stems run of declines as pressure from hawkish Fed cools

Thursday, February 23, 2023, 6:21 AM MST

Oil held near $74 — after the longest run of losses this year — as prices swung with a fluctuating…

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Ontario explores possibility of new, large scale nuclear plants

Thursday, February 23, 2023, 6:16 AM MST

Ontario is exploring the possibility of building new, large-scale nuclear plants in order to meet increasing demand for electricity and…

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Oil extends longest run of losses this year ahead of Fed minutes

Wednesday, February 22, 2023, 6:32 AM MST

Oil extended its longest run of losses this year ahead of the release of Federal Reserve minutes that may provide…

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Oil swings in rangebound market as Fed and China demand face off

Tuesday, February 21, 2023, 6:17 AM MST

Oil pared an earlier drop as investors weighed the prospect for further US monetary tightening against signs of improving demand…

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Oil’s longest run of losses this year ushers in weekly decline

Friday, February 17, 2023, 6:46 AM MST

Oil headed for a weekly decline, with a risk-off mood across markets hampering prices Friday.  West Texas Intermediate slipped below…

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TransAlta to buy interest in Alta. pumped hydro energy storage development for $8M

Friday, February 17, 2023, 6:34 AM MST

TransAlta Corp. says it will acquire a 50 per cent interest in an early-stage pumped hydro energy storage development project…

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Oil swings within narrow band as China demand starts to recover

Thursday, February 16, 2023, 6:47 AM MST

Oil fluctuated, remaining within a recent narrow range, as investors assessed more evidence of higher energy demand in China and…

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