AltaGas Ltd. says it is selling its portfolio of U.S. distributed electricity assets held by subsidiaries WGL Energy Systems and WGSW Inc. to TerraForm Power, an affiliate of Brookfield Asset Management, for $940 million.
Category Archives: News/Canada/Calgary
The online uproar over a video about decreasing beef consumption is unnecessarily pitting agricultural producers and environmentalists against each other, says a sustainable food researcher.
The federal agriculture minister was at the Calgary Stampede on Wednesday to announce $8.3 million to help support Canada's beef industry.
Encana Corp. says its wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., has signed a deal to sell its natural gas assets in Oklahoma's Arkoma Basin for $165 million.
Alberta Premier Jason Kenney says his government will spend $2.5 million on a provincial inquiry into "foreign-funded special interests" and their campaigns to stop development in the oilsands.
Pipelines, Bill C-69, climate change and carbon tax: All of these hot button topics were discussed this afternoon as Canada's Natural Resources Minister Amarjeet Sohi visited Calgary to engage with the city's business community.
Alberta village that started mining coal and shifted to oil and gas struggles to make a go with wind
The village of Halkirk in central Alberta was founded by the coal industry and thrived during the oil boom decades later. Now, its landscape is dotted with wind turbines. As Erin Collins reports, this latest transition hasn't been easy.
TC Energy announced late Tuesday it plans to sell four U.S. natural gas gathering systems and a company that gathers and processes natural gas for $1.7 billion.
An Indigenous-led group plans to offer to buy a majority stake in the Trans Mountain oil pipeline from the federal government this week or next — a deal that could help Prime Minister Justin Trudeau mitigate election-year criticism from environmentalists.
The Bank of Canada acknowledged Wednesday the struggles of the oilpatch are weighing on the broader economy, adding that investment in the sector is "projected to weaken further."