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News
Alberta technology minister met with jeers at first town hall over AI data centres
3+ week, 3+ day ago (672+ words) Alberta's technology minister was jeered, badgered and booed late Wednesday by a room packed with hundreds of people over the province's plans for an artificial intelligence data centre. Nate Glubish was in the central town of Lacombe for the first…...
Alberta minister faces more fury at second town hall on AI data centres
3+ week, 1+ day ago (614+ words) Alberta's technology minister faced yet another firing line of fury at the government's second town hall hearing from residents over its plan for artificial intelligence data centres. Nate Glubish was peppered with profanity from audience members at the Thursday event…...
Transat secures $250M in new federal aid as fuel costs slam bottom line
2+ day, 21+ hour ago (394+ words) Transat A.T. Inc. has secured an additional $250 million in emergency financing from the federal government after high fuel costs drove it further into the red last quarter. The new low-interest line of credit from the Canada Enterprise Emergency Fund comes on…...
Federal Industry Minister Joly tight-lipped on leveraging Alberta energy with U.S.
2+ week, 3+ day ago (198+ words) Canada's industry minister is deflecting questions about whether the country will use Alberta's abundant energy exports as leverage in the tense trade war with the United States. Mélanie Joly, pressed by reporters in Calgary over whether oil and gas shipments…...
Bank of Canada set to make 6th interest rate decision of the year
1+ week, 3+ day ago (149+ words) The Bank of Canada is set to make its sixth interest rate decision of the year this morning. Most economists and financial markets favour another rate hold from the central bank today. The Bank of Canada has held its policy…...
Bank of Canada holds key rate in 6th interest rate decision of the year
1+ week, 3+ day ago (294+ words) The Bank of Canada held its benchmark interest rate steady at 2.25 per cent for a seventh consecutive decision today. The central bank has been on the sidelines since late last year and was widely expected to remain on hold heading…...
Officials break ground on massive carbon capture project in central Alberta
3+ day, 12+ hour ago (288+ words) A village in central Alberta is on track to house the country’s largest carbon capture project. Enhance Energy Inc., a carbon management company, says it has broken ground on its Origins project in Clive, Alta., about 140 kilometres south of Edmonton....
Alberta's Smith says Tennessee trip isn't sending wrong message during trade war
1+ week, 4+ day ago (404+ words) Alberta Premier Danielle Smith denied suggestions Tuesday that her upcoming trip to Tennessee could be sending the wrong message amid a trade war between Canada and its southern neighbour. "I hope no one's surprised to hear that I believe it's…...
Ottawa extending gas tax holiday to January
1+ week, 3+ day ago (545+ words) The federal government is extending the suspension of federal fuel excise taxes until the new year to help Canadians feeling the pressure from higher energy costs caused by instability in the Middle East. "For Canada, it means practical relief at…...
New Brunswick gives green light for 500 MW gas plant, subject to conditions
2+ week, 1+ day ago (731+ words) The New Brunswick government on Friday granted conditional approval for a 500-megawatt natural gas plant that officials say is crucial to avoid rolling electricity blackouts within the next two years. The green light comes after the province completed an environmental…...