Alberta News

CALGARY — Canadian Pacific Railway Ltd. reported a lower profit despite higher revenue in its latest quarter. The Calgary-based railway reported a net income of $765 million in its second quarter, down from $1.25 billion in the same period last year.

CALGARY — TC Energy Corp. posted a lower quarterly profit as its Coastal GasLink project reaches a "significant milestone.

MEDICINE HAT, ALBERTA, CANADA — Two of Alberta’s pacesetters in the United Conservative leadership race squared off over a provincial sales tax Wednesday night in the first party debate.

LAC STE. ANNE, Alta. — Pope Francis spoke in three First Nations languages at a sacred pilgrimage site hours after his public mass in Edmonton was called a missed opportunity for not including Indigenous culture or traditions.

CALGARY — Precision Drilling Corp. says it had a net loss of $24.6 million for the second quarter, down from a net loss of $75.9 million in the same quarter last year. The net loss for the quarter ending June 30 worked out to $1.

CADOTTE LAKE, Alta. — Mounties in northern Alberta say a shelter in place order has been lifted after a shooting.

EDMONTON — A plane carrying Pope Francis left Edmonton on Wednesday morning heading to Quebec City to begin the next leg of what he has described as his "penitential" journey in Canada. The pontiff is scheduled to have separate meetings with Gov.

A plane carrying Pope Francis has left Edmonton and is headed to Quebec City for the next portion of his reconciliation visit. More coming. The Canadian Press

CALGARY — Crescent Point Energy Corp. says it had a net income of $331.5 million in the second quarter, down from a $2.1 billion net income for the same quarter last year when earnings were boosted by a large reversal of a non-cash impairment.

MEDICINE HAT, ALBERTA, CANADA — Seven candidates vying to become the next United Conservative Party leader and Alberta premier are to tackle health, the economy and other key issues in their first debate in Medicine Hat, Alta., on Wednesday.