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Alberta News

Wilks Brothers sweetens Calfrac takeover offer to 25 cents from 18 cents

Wilks Brothers sweetens Calfrac takeover offer to 25 cents from 18 cents

CALGARY — Texas-based suitor Wilks Brothers, LLC, is sweetening its hostile takeover offer for Calgary-based Calfrac Well Services Ltd. by raising its bid to 25 cents per share from 18 cents. The bid carries a maximum cash payout of $21.
Mentally ill man who stabbed five people at Calgary party appeals denial of freedoms

Mentally ill man who stabbed five people at Calgary party appeals denial of freedoms

CALGARY — Lawyers for a mentally ill man who fatally stabbed five young people at a house party are appealing a decision to deny him some privileges.
Suncor Energy says it will cut 10 to 15 per cent of its workforce over next 18 months

Suncor Energy says it will cut 10 to 15 per cent of its workforce over next 18 months

CALGARY — Oilsands and retail fuel giant Suncor Energy Inc. says it will eliminate as many as 1,930 jobs over the next 18 months as a result of cost-cutting to deal with low oil prices and market volatility.
Aurora increases executive compensation after layoffs, $3.3 billion in losses

Aurora increases executive compensation after layoffs, $3.3 billion in losses

EDMONTON — Aurora Cannabis Inc. handed out millions in compensation and salary increases to executives as the company was laying off at least 1,000 workers and reporting billions in losses.
CP Rail notches record third-quarter grain haul using high-efficiency hopper cars

CP Rail notches record third-quarter grain haul using high-efficiency hopper cars

CALGARY — Canadian Pacific Railway says it had a record-setting third quarter for Canadian grain shipments, building on a year that has already seen unprecedented hauls of the crop. The Calgary-based company says it moved 7.
Painted Pony shareholders approve sale to Canadian Natural Resources

Painted Pony shareholders approve sale to Canadian Natural Resources

CALGARY — Shareholders in Calgary-based Painted Pony Energy Ltd. have approved its sale to much larger Canadian Natural Resources Ltd. for 69 cents per share.
Flames GM Brad Treliving preps for unusual NHL draft, strange free agency

Flames GM Brad Treliving preps for unusual NHL draft, strange free agency

CALGARY — Defencemen and goaltending top Brad Treliving's list of priorities as the Calgary Flames general manager prepares for a busy business week in the NHL.
Halloween a go despite COVID-19, says Alberta's chief medical officer

Halloween a go despite COVID-19, says Alberta's chief medical officer

EDMONTON — Alberta's chief medical officer of health says the province won't be cancelling Halloween over COVID-19 fears. But Dr. Deena Hinshaw says that means parents and kids have to make sure the fright-fest is scary for the right reasons.
'A lot of positives:' Western farmers wrap up harvest early, look to improved prices

'A lot of positives:' Western farmers wrap up harvest early, look to improved prices

EDMONTON — A long, lingering fall across much of the Prairies is putting crops in the bin early this year, allowing farmers to take advantage of improving prices.
Alberta's Tanner Boser to face former UFC heavyweight champion Andrei Arlovski

Alberta's Tanner Boser to face former UFC heavyweight champion Andrei Arlovski

Alberta's Tanner (The Bulldozer) Boser will face former UFC heavyweight champion Andrei (The Pit Bull) Arlovski on Nov. 7. UFC officials confirmed the matchup, saying a location will be announced at a later date.
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