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Chris VarcoeCalgary Herald |
Calgary city council has a hot potato in its hands and needs to come up with a plan that doesn’t leave local businesses getting burned. But part of...
As the price discount on Canadian oil deepens, so too does the pressure on the Alberta government’s finances. During a trip to Calgary and Edmonton...
Fight or flight. These are the normal instinctual reactions when someone is suddenly attacked or surprised. For intermediate oilsands producer MEG...
Two key figures are leaving their posts in Alberta’s energy universe in the coming weeks during a period of upheaval for the sector. But two...
One store will have a DJ on site and give away free T-shirts for those waiting in line-ups. Another has high hopes of making Tommy Chong its first...
The blue-light special price for Canadian oil has reached ridiculous levels — and it’s getting worse. The price for Western Canadian Select (WCS)...
One and done, or more to come? Fresh off a decision by Royal Dutch Shell and its partners to construct the country’s first liquefied natural gas...
WestJet Airlines has spent the past 22 years carefully extending its reach, expanding from Canada to other parts of North America, into sunshine...
Is it reasonable to spend $10,000 to create one new job in the city? How about $1.5 million for 150 jobs? That’s how much the city’s new...
High unemployment. Empty office buildings. A lack of new pipelines. Falling capital investment. The challenges facing Calgary’s economy today are...
A thick blanket of snow fell on Calgary on Tuesday morning, while warmer fall weather greeted folks in Vancouver. That seems appropriate, given the...
The oilsands business has seen takeovers unfold this decade near the top and the bottom of the price cycle. Other deals occurred because foreign...
BANFF – During one moment Friday at the Global Business Forum, veteran oilman Hal Kvisle suggested an executive with LNG Canada should announce a...
U.S. President Donald Trump said he wouldn’t meet with Canada’s prime minister this week, then criticized Canadian trade negotiators for being...
Speaking before the Grey Cup last November, Premier Rachel Notley told a Calgary business audience that the Trans Mountain pipeline expansion was...
Exacerbated. If one word describes how most Albertans feel about the state of building pipelines today — and new federal legislation to oversee...
Natural Resources Minister Amarjeet Sohi is still feeling bullish about the prospects for the stalled Trans Mountain pipeline expansion. For a project...
Following a lengthy investigation, Alberta’s electricity market watchdog has found a government agency — the Balancing Pool — broke the...
It was almost 20 years ago when I first met Clay Riddell and the encounter still stands out. At an energy investment forum luncheon, I was seated at a...
Is a low offer in hand worth more than the lure of a better one — or two — in the bush? For investors in Trinidad Drilling Ltd., that’s one of...
Another day, another positive forecast comes out for Alberta’s recovering economy. It looks mainly sunny ahead, with only a few clouds — hello...
A couple of hours after being fired by the company he co-founded, Mogens Smed is feeling philosophical. If he’s bitter or angry about being pushed...
"I would say we are really net bullish as we go forward," says bank CEO Darryl White.
It was near the end of an hour-long meeting Thursday on the 21st floor of a downtown Calgary office tower when junior oil producer Doug Bartole...
Sometimes, you have to take a few steps back to move forward. At Crescent Point Energy Corp., the company hopes such a strategy will reshape one of...
A political blame game broke out Tuesday in Ottawa as MPs on the natural resources committee took turns accusing each other of fumbling the ball on...
Less than 48 hours before a monumental legal decision on the Trans Mountain pipeline, federal Natural Resources Minister Amarjeet Sohi sat back in...
Building oil pipelines in Canada has been compared to a game of Snakes and Ladders, where one roll of the dice could propel a project ahead or push...
How much trouble can a single tweet about a business stir up? Plenty, as Elon Musk and Marc Cohodes found out recently. But as Musk faces...
Calgary is the fourth-most livable city in the world, but it still has a big-league problem on its hands. Despite oil prices rallying this year, a...
The Rachel Notley government’s quagmire over power contracts continues to deepen, with Deputy Premier Sarah Hoffman and the premier’s...
The Trans Mountain pipeline expansion could cost up to $9.3 billion to build, nearly $2-billion more than current projections, according to reports...
The president of Ensign Energy Services says the North American market is bifurcated. Others consider it a geographic divide. Regardless of the...
When will big growth and bigger spending come back to Canada’s oilpatch? It hasn’t happened yet, although companies are starting to cast an eye...
Alberta’s beer policies continue to leave taxpayers with a bitter aftertaste, amid mounting bills to fight lawsuits, trade disputes and a judge’s...
The last time WestJet lost money back in early 2005, The Incredibles was just leaving movie theatres, the airline was rocked by rising fuel costs, and...
Canadian oil exports moving by train have set another record and the trend won’t be derailed anytime soon — until additional pipelines are built....
Canadian oil exports moving by train have set another record and the trend won’t be derailed anytime soon — until additional pipelines are built....
There’s a party going on as global crude prices rebound this year, yet Canada’s oilpatch is still waiting for the music to start. As Stampede...
You know Canada has a profound problem building major energy infrastructure when even the president of OPEC laments the country’s long-standing...
Ed Sims in on vacation, but WestJet’s CEO is still checking up on the number of passengers flying on Swoop, the airline’s new ultra-low-cost...
You know Canada has a profound problem building major energy infrastructure when even the president of OPEC laments the country’s long-standing...
You know Canada has a profound problem building major energy infrastructure when even the president of OPEC laments the country’s long-standing...
It’s been a rough and tumble year, but a decidedly good week, for Enbridge Inc. The Calgary-based pipeline giant saw two pieces of welcome news come...
Stampede is finally here and all eyes are focused on watching the parade, chuckwagon races and nightly fireworks. And rising oil prices. The run-up of...
It’s been a rough and tumble year, but a decidedly good week, for Enbridge Inc. The Calgary-based pipeline giant saw two pieces of welcome news come...
Two numbers stand out in the new Alberta Energy Department annual report: $130 million and $26 billion. Released last week, the 232-page report...
For more than a year, the complex overhaul of Alberta’s electricity market has quietly chugged along below the radar screen. Until now, amid growing...
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