Section
Business
16 stories · page 1 of 2
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TransAlta’s 1,600-MW data-centre proposal draws scrutiny west of Edmonton
A proposed computing campus near Keephills highlights the gap between Alberta’s data-centre ambitions and its available electricity infrastructure.
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Alberta loses 24,300 jobs in October as unemployment climbs to 7.3%
Statistics Canada reports a sharp monthly employment reversal in Alberta, even as employment remains above its year-earlier level.
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Alberta economic growth outpaced Canada in 2025, but October job losses raise new questions
New federal economic accounts show Alberta’s economy expanded 3.3 per cent in 2025, while fresh employment figures point to a less certain labour market in late 2026.
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Enbridge reports $1.3-billion quarterly profit as natural-gas projects enter service
Calgary-based Enbridge says its gas infrastructure investments continue to grow, although its liquids pipeline business faces different pressures.
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Calgary gasoline prices ease after volatile first month of fuel-tax suspension
Pump prices were reported substantially lower in early November, but changes in wholesale fuel markets complicate claims about the impact of the provincial tax holiday.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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