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Chris VarcoeCalgary Herald |
Canada doesn't have a strategic petroleum reserve — like the United States — and still imports foreign oil into parts of Eastern Canada
As of late Tuesday morning, Alberta’s projected deficit for the incoming budget was — theoretically — sitting at $1.1 billion. If that came to...
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'We do have a volatile budget and resource revenues are the key driver of it, but going forward it’s going to get even worse,' said U of C economist...
'We have entered scenario-land. You can't be definitive, but you can start thinking through scenarios,' said ATB chief economist Mark Parsons
'Specifically, what we want to ensure is that the MOU comes out with a policy that provides that economic viability for these long-term projects that...
'These are very volatile events right now, shaping the price. So we're just locking it in — and if it goes higher, I'll lock in some more'
Share this Story : Edmonton Journal Copy Link Email X Reddit Pinterest LinkedIn Tumblr Varcoe: War on Iran drives up oil price, reverberates through...
Geopolitical volatility can quickly reshape global energy markets, and alter Alberta’s financial situation
Share this Story : Edmonton Journal Copy Link Email X Reddit Pinterest LinkedIn Tumblr Varcoe: Alberta's new budget on course to collide with its...
The bottom line is that the same financial problem has cropped up time and time again. Alberta is too reliant on volatile oil and gas prices for a...
Share this Story : Edmonton Journal Copy Link Email X Reddit Pinterest LinkedIn Tumblr Varcoe: 'Fastest skater on a slow team' — Alberta...
Countdown to 2 Million: While the city's economy remains anchored by energy, growth includes innovative new industries and companies such as aviation,...
Share this Story : Calgary Sun Copy Link Email X Reddit Pinterest LinkedIn Tumblr Varcoe: Calgary building more diverse economy to support population...
'The Alberta economy is actually in a relatively good place ... What's going on? It's really that oil prices are much lower than what was budgeted...
Share this Story : Edmonton Journal Copy Link Email X Reddit Pinterest LinkedIn Tumblr Varcoe: Alberta secures $400M deal to buy water bombers from De...
'It's been a perfect opportunity. Of course, we have a company setting up in Alberta to build these planes ... (and) our water bombers are getting a...
Mullen Group Ltd. bought two companies in the province this year tied to the energy sector, while Keyera Corp. has acquired a stake in two natural gas...
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'We think the oil and gas business will really do well, once Canada fulfils its promise that we're going to build these nation-building projects'
Derek Evans, who helped found Pathways Alliance in 2021, finished his tenure as the group's executive chair and will not be replaced
For Alberta, the big takeaway is that healthy growth in oil production continued during 2025, and output has more than doubled since 2010, led by the...
'The economic and geopolitical threats that our country is facing are very serious. And blind opposition to nation-building, reindustrialization and...
'We've been given a massive wake-up call in terms of our dependence on one customer,' said Martha Hall Findlay, director of the University of...
Trade talks with China, pipelines, a CUSMA review and uncertainty with what will happen with Venezuela's oil industry could all impact Alberta
'When there's an acquisition of one oil and gas company by the other, the need for office space is less'
Prices will improve this year as demand increases in North America
Producers and the province are closely watching how geopolitical issues and supply-demand fundamentals unfold in the coming month
Calgary's economy will expand by 2.4 per cent this year according to a Conference Board of Canada report
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