Calgary Dispatch
News Desk
Stories filed by the Calgary Dispatch news desk.
Stories by News Desk (115) · page 2 of 10
- Business ·
Bank of Canada raises interest rate to 2.50 per cent as inflation concerns persist
The central bank’s first rate increase since 2023 adds pressure to mortgages and construction financing in Calgary.
News Desk - Business ·
Canadian economy stalls as oil sands production drops despite high energy prices
Statistics Canada reports no growth in August GDP and a 2.1 per cent monthly decline in oil sands extraction.
News Desk - Business ·
Imperial considers moving forward decision on 150,000-barrel-a-day Aspen oil sands project
Following record earnings, the company says it may accelerate a major investment decision for a long-deferred northern Alberta development.
News Desk - Business ·
Imperial Oil posts record $2.45-billion quarterly profit as refining margins surge
The Calgary-based company reported record earnings despite lower production and refinery utilization, underscoring the effect of stronger fuel margins.
News Desk - Business ·
Calgary home sales remain weak as October market enters final weekend
CREB’s latest daily figures show sales running about 13 per cent below last October, with the final benchmark-price report still pending.
News Desk - Business ·
Country Thunder confirms it will not return to Calgary in 2027
The festival’s absence extends the uncertainty created by its abrupt 2026 cancellation and leaves another gap in Calgary’s summer events calendar.
News Desk - Business ·
WestJet warns fuel-cost surge could push airfares higher for Canadian travellers
The Calgary-based airline says fuel prices could add approximately $1.6 billion to annual costs if elevated conditions persist.
News Desk - Local ·
Calgary risks losing part of $65-million federal housing payment after missing zoning condition
City officials say they hope to receive most of the money despite failing to deliver an agreed replacement zoning framework.
News Desk - Local ·
City awards land for 200 affordable homes, including Indigenous housing in Dover
Two nonprofit housing providers have been selected for City-owned sites, but construction still requires approvals and financing.
News Desk - Local ·
Construction begins on 24 Indigenous affordable homes in Calgary’s Erin Woods
Alberta is contributing more than $6 million to a Métis-led development for families, seniors and Elders.
News Desk - Local ·
Bow Valley College plans health-care campus in former Central Library block
The college is negotiating to acquire two former downtown civic buildings for a proposed 316,000-square-foot training centre.
News Desk - Local ·
Calgary begins construction on $170-million northeast recreation complex
The planned facility includes a competition-capable cricket field, four outdoor multi-use fields and an indoor fieldhouse.
News Desk