Alberta News

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EDMONTON — Aurora Cannabis Inc. says it incurred a $67.2 million net loss in its most recent quarter. The Edmonton-based cannabis company says the net loss in what was its second quarter compared with $75.

CALGARY — Scotiabank is warning that the Alberta government's plan to give oil companies a royalty credit for cleaning up their old wells could damage the reputation of Canada's oil and gas industry.

CALGARY — Gord Kirk knew that he needed a pacemaker. The Calgarian said his heart would slow down to about 30 beats a minute, he could feel the time between each beat, and he would often grow faint if he was sitting down and stood up too quickly.

CALGARY — Precision Drilling Corp. saw its fourth-quarter revenue increase by 73 per cent year-over-year, as North American oil and gas drilling activity continues to pick up.

CALGARY — Canadian Pacific Railway Ltd. says it has reached a tentative agreement with the union representing about 550 administrative support and intermodal employees in Canada.

CALGARY — TC Energy Corp. has pegged the cost of cleanup and remediation of December's oil spill from its Keystone pipeline at an estimated US$480 million. The Keystone pipeline system suffered the worst oil spill in its history on Dec.

OKOTOKS, Alta. — Mullen Group Ltd. reported its fourth-quarter profit of $61.5 million, up from $20.2 million in the same quarter a year earlier, as its revenue for the quarter rose more than 10 per cent.

CALGARY — A new innovative miniaturized pacemaker, developed in part by a Calgary cardiologist, has been given approval for use on patients beyond the clinical research stage.

CALGARY — By betting it can solve its emissions problem with carbon capture and storage, Canada's oil and gas industry risks saddling itself with expensive stranded assets, a new report argues.