Alberta News - brought to you by LakelandToday.ca

Cenovus Energy reports Q3 profit up; overcomes start-of-year challenges

CALGARY — Cenovus Energy Inc. saw its profits surge in the third quarter as the Calgary based oil company overcame a number of challenges that had plagued it earlier in the year. Cenovus said Thursday it earned a third-quarter profit of $1.

Nov 2, 2023 12:59 PM Read more >

Canadian Natural president Tim McKay to retire, Scott Stauth to be promoted to role

CALGARY — Canadian Natural Resources Ltd. president Tim McKay will retire next year after a five-year leadership stint that coincided with the Calgary-based company surpassing $100 billion in market value.

Nov 2, 2023 11:28 AM Read more >

TransAlta buying Heartland in deal worth $658 million including assumed debt

CALGARY — TransAlta Corp. has signed a deal to buy Heartland Generation Ltd. and its power generation business in Alberta and B.C. in a deal valued at $658 million, including assumed debt.

Nov 2, 2023 9:39 AM Read more >

Parkland Corp. delivers strong quarter in wake of activist investor push

CALGARY — Less than 12 months after an activist investor critiqued its performance, fuel retailer Parkland Corp. has doubled its third quarter profit and announced it will exceed its previously announced earnings guidance for 2023.

Nov 2, 2023 8:03 AM Read more >

Stars score 3 in 2nd period and hold on to beat Flames 4-3

CALGARY, Alberta (AP) — Jason Robertson, Evgenii Dadonov, and Mason Marchment scored in Dallas’ three-goal second period and the Stars held on to beat the Calgary Flames 4-3 on Wednesday night.

Nov 2, 2023 1:53 AM Read more >

WHL roundup: Davies, Buttazzoni each score twice as Winterhawks beat Tigers 6-3

MEDICINE HAT, Alta. — Josh Davies and Diego Buttazzoni each scored twice as the Portland Winterhawks defeated Medicine Hat Tigers 6-3 on Wednesday night in the Western Hockey League. Jack O'Brien and Gabe Klassen had the other goals for Portland.

Nov 2, 2023 12:15 AM Read more >

Benn has two points as Stars win 4-3, hand Flames sixth-straight loss

CALGARY — The Dallas Stars are rolling, backstopped by Jake Oettinger, who was excellent again on Wednesday.

Nov 1, 2023 11:17 PM Read more >

Western Hockey League makes neck guards mandatory following death of Adam Johnson

CALGARY — Neck guards will be mandatory for Western Hockey League players starting Friday, or as soon as teams can get the protective equipment.

Nov 1, 2023 5:03 PM Read more >

Alberta, Ottawa demand accountability ahead of meeting on Alberta CPP-exit proposal

EDMONTON — The Alberta and federal governments are calling on each other to be transparent and accountable ahead of a national meeting Friday on the province’s proposal to quit the Canada Pension Plan.

Nov 1, 2023 4:53 PM Read more >

Parkland Corp.'s third-quarter earnings double on strong refinery performance

CALGARY — Fuel retailer Parkland Corp. says its third-quarter earnings more than doubled in 2023 thanks to favourable market conditions and the company's ongoing efforts to optimize its Burnaby refinery.

Nov 1, 2023 4:18 PM Read more >