Fatima Jamal

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Obama calls Canada’s oilsands ‘extraordinarily dirty’ | The Star

WASHINGTON—Extracting oil from Canada’s oilsands is “extraordinarily dirty,” U.S. President Barack Obama said Friday in his most negative remarks …

Alberta forestry grows while oil and gas shrinks

While pink slips are being handed out in the oil patch, the resumes are rolling in for the province's forestry industry.<p>A combination of new markets …

Layoffs at Alberta Innovates, dropping oil prices to blame

Alberta Innovates – Technology Futures, a research and development organization that receives the bulk of its funding from the provincial government, …

Why Alberta’s oil loss may be B.C.’s LNG gain

Next to the Alberta-based oil patch, the mood in the British Columbia LNG sector seems positively upbeat. The B.C. sector has been given some …

The good times are over (again) for Alberta

Alberta has been here before, but not for a long while.<p>Yes, the financial crisis of 2008 affected everyone, including the oil patch and the provincial coffers it filled. And while the pain it inflicted on Alberta was not insignificant, it was relatively short-lived. The government had a huge …

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Edmonton Breaking News, Traffic, Weather and Sports Radio Station

10 hours ago<p>By Doris Maria Bregolisse Anchor/Reporter<p>Evacuees allowed back into their homes at 11 p.m. The fire quickly spread to 5 hectares on a …

Alberta premier says students will also feel squeeze of low oil prices

Premier Jim Prentice says all Albertans will feel the squeeze from low energy prices and that includes students.<p>Prentice was asked Thursday if the government intended to lift a cap on college and university tuitions.<p>He says the government is meeting with post-secondary institutions to discuss ways …

Alberta's oil woes spread beyond the energy industry

It's no secret the steep decline in oil prices are having a significant impact on Canada's energy industry.<p>But the drop in the commodity price is …

Low oil prices drowning Alberta's finances

The steep drop in oil prices is leading to a sharp fall in revenue for Alberta's government and an expected loss of 31,800 jobs for the remainder of …

Alberta economic outlook dims in face of lower oil prices

The outlook for Alberta's economy is darkening as economists revise their 2014 estimates of the province's growth in the face of low oil prices.<p>CIBC …

Canadian economy to slow, Alberta unemployment to rise due to oil-price drop: Reports | The Star

The collapse in the world price of crude oil will put $1,000 in the average Canadian consumer’s pocket this year thanks to lower gasoline prices at …

How bad will Alberta's job market get? Depends who you ask

The employment numbers may not reflect it, but Alberta’s job market is shaky. Energy companies are cutting staff, either publicly, in the case of …

CIBC revises Alberta unemployment and GDP numbers amid falling oil prices

Falling oil prices are causing one of Canada’s biggest banks to update what it thinks Alberta’s economy will look like by the end of the year and …

Oil price plunge will affect Alberta ag, beef sector

The price of crude oil has fallen a long way since hitting $110 in July 2013 — and the debate on how long this drop will last, and what it will do to …

Oil

Outlook for Alberta grows bleaker by the day

<i>These are stories Report on Business is following Monday, Feb. 9, 2015</i>.<p><b>Alberta forecasts bleak</b><br>A new report today predicts uglier times for Alberta.<p>Recently Canada's economic leader, the province is suffering from the collapse in oil prices. And the outlook for the home of the country's oil patch …

It’s time Canada did some long-term thinking about oil

If lower oil prices are as bad for Canada's economy as rate-cutting Bank of Canada Governor Stephen Poloz insists, the central bank might consider assessing the risks to the economy in a world where constraining carbon emissions becomes less of an abstract notion and more of a daily reality. For a …

Public ownership of oil refineries will see Alberta through low oil prices, says AFL President Gil McGowan

Low oil and gas prices may be benefitting consumers in the short-term, but small victories at the pump come with some grave long-term effects for …

Oil