Alberta News

EDMONTON — The Alberta government is reversing its plan to axe a subsidy program that helps low-income people pay for transit passes.

CALGARY — Fuel retailer Parkland Corp. says it posted a net loss of $5 million in its first quarter as its financial results took a hit due to an unplanned shutdown at its Burnaby refinery.

Edmonton-based Capital Power Corp. says it is no longer pursuing its proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant.

EDMONTON — Zach Hyman is extending the invitation. If basketball legend Shaquille O’Neal needs to learn how to skate — for real this time — Hyman will hit the ice with him.

CALGARY — Canada's energy sector as well as the country's main oil-producing province celebrated Wednesday as the long-awaited $34-billion Trans Mountain pipeline expansion officially came online. Crown corporation Trans Mountain Corp.

CALGARY — The Calgary Real Estate Board says April home sales were up 7.3 per cent from last year, driven by growth in the number of relatively more affordable, higher-density properties changing hands.

CALGARY — Cenovus Energy Inc. executives warn it could be well into next year before oil companies resolve their ongoing dispute with Trans Mountain Corp. over rising pipeline shipping fees.

EDMONTON — Engineering firm Stantec Inc. says it has acquired Hydrock, an engineering design firm based in England. Financial terms of the deal that closed on Tuesday were not disclosed.

CHARD, Alta. — Raoul Montgrand, president of the Chard Métis Nation in northern Alberta, called a 200-square-foot camper trailer home for close to two years.

EDMONTON — The mayors of Alberta's two biggest cities say the province has pulled at least $12 million in funding meant to help low-income residents access public transit.