Health care and education came out ahead on Thursday in a generally restrained Alberta provincial budget forecasting a paper-thin surplus that could easily go up in smoke.
Analysts say 2024 will be a year of weaker oil prices, something that should bring some relief to weary consumers after two years of soaring energy costs.
Hundreds of executives and government officials from oil-producing nations around the world are gathering in Calgary this week, against the backdrop of growing global pressure to reduce greenhouse gas emissions.
Analysts say a dramatic narrowing in the price discount for western Canadian heavy crude in the second quarter of 2023 should mean healthy profits for oilsands producers poised to start reporting their earnings later this week.
Crude oil prices plunged below US$70 and Canadian energy stocks took a beating on Wednesday, March 15, 2023, as market chaos continued amid concerns about a spreading bank crisis.
Crude oil prices slumped to a 10-month low on Monday, November 21, 2022, morning before rebounding at midday, adding to the volatility that has dogged the Canadian energy sector recently.
The amount of unpaid taxes energy companies owe to small-town Alberta is growing despite high oil prices, the province's rural municipalities said on Tuesday, March 8, 2022.