
News/Canada/Calgary

This Alberta solar field is becoming a high-tech hobby farm on the side
This summer, a solar field in Alberta will not only be generating about 40 megawatts of electricity each sunny dayย but also producing eggs, honey, meat and wool. There are 110,000 solar panels on the 130 hectares of land, in addition to about 400 sheep, 40 pigsย and 100 chickens. The bees are arriving soon. The solar…

The carbon removal Olympics are set to kick off in this Alberta industrial park
Just off the highway near Innisfail, Alta., a town about 120 kilometres north of Calgary, is a construction site immediately identified by a large tent boasting the words “Deep Sky” in a groovy, arcade-style font.ย The roughly two-hectare facility, still under construction, is hosting what could be called a carbon removal Olympics. It will pilot…

‘Energy is Canada’s power’: New federal energy minister touts past Alberta oilpatch ties
The new federal energy minister delivered a boisterous speech in support of the country’s energy sector on Friday morning, while highlighting his past involvement in the sector and the urgent need to build a variety of new energy projects. Tim Hodgson spoke to a business crowd, which gave him loud applause at a sold-out event…

Top finance officials from G7 countries gather in Banff for 3-day summit
High-ranking officials from the world’s top economies are in Banff, Alta., this week for a three-day summit that will cover topics including the global economy, the war in Ukraine and artificial intelligence. The meeting comes during a period of heightened instability as U.S. President Donald Trump continues his tariff-driven effort to bring industry to American…

Strathcona Resources makes stock-and-cash takeover offer for MEG Energy
Strathcona Resources Ltd. is making a takeover stock-and-cash offer for oilsands producer MEG Energy Corp. that values the company at about $5.9 billion. The offer comes after Strathcona, which already owns about a 9.2 per cent stake in MEG, says it sent a takeover offer to the MEG board of directors in April, but was…

Enbridge sells stake in Westcoast pipeline to First Nations group
Enbridge Inc. has signed a deal to sell a minority stake in its Westcoast natural gas pipeline system to a group of 36 First Nations in B.C. Under the agreement, the Stonlasec8 Indigenous Alliance Limited Partnership will invest $715 million for a 12.5 per cent stake in the system. The Westcoast natural gas pipeline systemย extends…

Enbridge CEO ‘completely enthused’ by conversation around energy in Canada, U.S.
The chief executive of pipeline builder Enbridge Inc. says he’s encouraged by how governments in both Canada and the United States are recognizing the need to build oil and gas projects more quickly. “I’m completely enthused about it,” Greg Ebel told analysts on a conference call Friday to discuss the company’s latest financial results. Energy…

Enbridge reports $2.3B first-quarter profit up from $1.4B last year
Enbridge Inc. reported a first-quarter profit of $2.3 billion, up from $1.4 billion in the same quarter last year. The pipeline company says the profit amounted to $1.04 per share for the quarter ended March 31, compared with a profit of 67 cents per share a year earlier. On an adjusted basis, Enbridge says it…

Enbridge reports $2.3-billion first-quarter profit up from $1.4 billion last year
Enbridge Inc. reported a first-quarter profit of $2.3 billion, up from $1.4 billion in the same quarter last year. The pipeline company says the profit amounted to $1.04 per share for the quarter ended March 31, compared with a profit of 67 cents per share a year earlier. On an adjusted basis, Enbridge says it…

Onex selling minority stakes in WestJet to Delta and Korean Air
Onex Corp. is selling minority stakes in WestJet to Delta Air Lines and Korean Air for a total of $550 million US. Under the deals announced Friday, Delta will acquire a 15 per cent stake in the Calgary-based airline for $330 million US, while Korean Air will buy a 10 per cent stake for $220…