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Chris VarcoeCalgary Herald |
Welcome to the economic roller-coaster ride of 2021. Please fasten your seatbelt as we prepare for recovery. That should be the warning issued...
As a new U.S. president rejected the Keystone XL pipeline last week over climate concerns, a new survey came out that highlighted the...
On his first day as president, Joe Biden pulled the pin on Keystone XL. The political fallout reverberated on both sides of the border, as...
As Canada mounts an 11th-hour defence of the embattled Keystone XL pipeline, it faces an uphill battle — and legal experts caution Alberta...
Is this finally the end of the line for Keystone XL? It sure looks that way as media reports surfaced Sunday that Joe Biden is expected ...
As a parent — or a government — you never want to reward bad behaviour. However, you also need to acknowledge when you’re ...
The one-two punch of a ferocious recession and global pandemic has left quite a mark on Calgary businesses. There are many ways to measure the...
Joe Biden will become president next week and shove the United States in a decidedly different direction on energy and environmental issues. ...
Across the province, there have been rumblings that hair salons, spas and gyms would flout provincial health restrictions tied to the pandemic...
Take one global pandemic and mix in two business lockdowns, an oil-price plunge and the worst economic contraction in modern Alberta history. ...
Several industry groups met with the province Wednesday and made the case for easing COVID-19 restrictions, as thousands of business owners...
Jason Kenney says Alberta would likely face a “significant writedown” of its $1.5-billion equity investment in Keystone XL if the...
Despite OPEC and its partners struggling Monday to reach a new oil-production accord — causing prices to tumble from 10-month highs...
Pulitzer Prize-winning author Daniel Yergin has chronicled the historic sweep of the global energy business and says 2020 “vastly...
In any other 12-month span, oil prices submerging into negative territory, a $1.5-billion government investment in a pipeline or a blockbuster...
As benchmark oil prices head towards US$50 a barrel for the first time since the global pandemic was declared, two new reports indicate...
While there’s plenty of talk about the energy transition now underway, 2020 will go down as a year of rapid economic transformation for...
Alberta’s environment minister believes the new federal climate plan will cost the province jobs — potentially up to 100,000 within ...
No weddings, no Christmas parties, no New Year’s Eve bashes — and no revenue. Alberta’s tourism sector is facing the second...
Growing a company in the grips of a recession is a tricky business. Expanding in the middle of a global pandemic is even more daunting, the...
Oil prices have darted past US$45 a barrel this month and a new OPEC deal is in place, yet Canadian petroleum producers are remaining cautious and...
The federal government will keep pressing the incoming Biden administration on Keystone XL and Canada’s environmental actions — ...
In a period of great economic upheaval in Alberta, one December day showed two different pathways to the future: one coming in the energy...
As an extraordinary year of adversity winds down for Canadian oil producers, all eyes are on two events that could deliver some positive momentum in...
Critics want to write off the country’s oil and gas sector as an industry in rapid decline and point to a new Canada Energy Regulator...
At the start of every budget debate at Calgary city council, Mayor Naheed Nenshi should issue a general warning about the ongoing property tax...
On Tuesday, the Calgary Petroleum Club had two of its dining rooms operating for a busy lunch crowd as members gathered for business and holiday...
As Alberta’s economy struggles to recover from a deep recession caused by the COVID-19 pandemic, businesses in the province face a new set of...
Take action now or be forced to take it later. As the number of new COVID-19 cases in Alberta surged past Quebec and sat just below...
Each day, we hear more about an energy transition coming Alberta’s way. For the 1,000 residents of Fort Chipewyan, it has already...
Two new forecasts show modest relief is in store for Alberta next year, with drilling activity in the oilpatch rebounding from anemic levels and the ...
TC Energy continues to build a coalition of backers as it pushes ahead on the Keystone XL pipeline, announcing it’s selling a stake in the...
With less than six weeks before Christmas arrives, Alberta retailers are preparing for a holiday season like no other. One of the most...
A second wave of the coronavirus has arrived in Alberta and restaurant owners across the province are already feeling the business impact. ...
The incoming president of the United States has promised to kibosh the Keystone XL project. So what happens to Alberta’s $7.5-billion...
With the COVID-19 crisis squeezing his business, the founder of Good Earth Cafe thought a much-touted federal liquidity program could provide...
Canada’s largest oil producer and the country’s largest natural gas producer both reported profits this week for a volatile...
For supporters of the Keystone XL pipeline, it seems only fitting the U.S. presidential election was hanging in the balance on Wednesday. The...
Alberta’s economic recovery is encountering greater resistance than it faced just a few weeks ago, with oil prices slipping below US$37 a...
If you ask Cenovus Energy CEO Alex Pourbaix about the impact of Tuesday’s U.S. election on the Canadian oil and gas sector, he...
Despite job losses and red ink, tepid commodity prices and continuing consolidation, Canadian oilsands companies are shifting gears. ...
Calgarians can be forgiven for feeling bulldozed by the problems rolling through the oilpatch today, as the city faces double-digit unemployment...
A new wave of oilpatch consolidation has been widely expected since oil prices cratered this spring, undercutting share prices and piling debt...
Enmax Corp. is expected to reduce jobs during a review of operations as some business areas have been “hit hard” by the pandemic and...
Canada’s oilfield services industry is heading into the critical winter drilling season with one bright light emerging on a relatively bleak...
In hockey, the best defence is a good offence. When it comes to the economy, Calgary needs to play offence in 2021 after several years of...
The Alberta government rolled out more than $80 million in tax relief for petroleum producers on Monday, while it aims to fix underlying flaws...
Stuck between a rock and a hard place, the UCP government has faced a tricky choice in recent weeks — upset the province’s oil and...
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