Alberta's premier says she wants to grow the Heritage Savings Trust Fund to at least $250 billion by the year 2050, in order to wean the province off the resource revenue roller-coaster.
Canada’s top oil-producing province of Alberta plans to boost its wealth fund roughly tenfold to C$250 billion ($173 billion) by 2050 in a bid to wean itself off volatile natural resources revenue.
The RCMP says the helicopter patrols are monitoring the Prairie border to search for and target all illegal activity along the 49th parallel, including illegal border crossing, smuggling and drug trafficking in and out of the country.
Any Canadian response to U.S. tariffs will be regionally fair and equitable and not single out Alberta, Canada's main oil-producing province, Canada's Energy and Natural Resources Minister Jonathan Wilkinson said on Wednesday.
Canada's federal government has assured Alberta that it will not bear a disproportionate burden of any retaliatory tariffs imposed in response to potential US import levies.
Tensions are rising between Safeway and its Alberta workers as the company looks to claw back a wage increase after negotiations on a new collective agreement hit a standstill.
Two very different weather situations will occur across Michigan later today and tonight as a fairly strong Alberta Clipper storm system tracks across the Upper Peninsula.
Alberta receives over a quarter of its revenues from the oil and gas industry, with the total amount for this budget year estimated at some C$20.3 billion, or around $14 billion. That appears to be an uncomfortably high degree of dependence on oil and gas revenues for the provincial government.
Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. in an agreement that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility.
Also of note with Alberta’s Occupational Health and Safety Code are changes around the frequency of reviews. The government states that an employer must review the violence and harassment prevention plan in any of the following circumstances: when an incident of violence or harassment indicates a review is required
The largest exporting province rejecting a ‘Team Canada’ approach against Donald Trump doesn’t position the country well to negotiate with a second Trump administration.
Canada’s effort to push back against possible US tariffs is being undermined by Alberta Premier Danielle Smith’s pledge to fight federal plans to cut or tax crude exports to the US, Canada’s natural resources minister said.