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Alberta

Federal government posts $43 billion deficit between April '24 and March

Federal government posts $43 billion deficit between April '24 and March

OTTAWA — The federal government says it ran a budgetary deficit of $43.2 billion between April 2024 and this past March. The deficit compared with $50.9 billion for the same stretch in the 2023-2024 fiscal year.
Ottawa tabling bill to skirt impact assessment law for 'national interest' projects

Ottawa tabling bill to skirt impact assessment law for 'national interest' projects

OTTAWA — The federal government is developing a "national interest" bill to fast-track nation-building projects with a streamlined regulatory approval process as a substitute for reviews under the Impact Assessment Act.
Trump's 'Liberation Day' tariffs back on after appeals court decision

Trump's 'Liberation Day' tariffs back on after appeals court decision

OTTAWA — U.S. President Donald Trump's tariffs are still hitting most countries around the world after a federal appeals court temporarily paused a decision from the U.S. Court of International Trade.
Provinces 'hold the key' to unlocking homebuilding, new report argues

Provinces 'hold the key' to unlocking homebuilding, new report argues

OTTAWA — While the federal government and cities across Canada are making strides on expanding the housing supply, the provinces still need to get serious about building quality homes, a new report released Thursday argues.
Failed B.C.-Alberta transmission line holds lessons for a national grid

Failed B.C.-Alberta transmission line holds lessons for a national grid

The cross-border intertie has never met capacity, offering lessons on what stands in the way of the Prime Minister Mark Carney's plan for an east-to-west grid
Mexican president invited but undecided on attending G7 summit in Alberta

Mexican president invited but undecided on attending G7 summit in Alberta

OTTAWA — Mexican President Claudia Sheinbaum said Wednesday Canada has invited her to attend the G7 leaders' summit next month in Alberta but she hasn't decided yet if she'll attend.
Warm summer in the forecast as droughts and wildfire risks loom: Weather Network

Warm summer in the forecast as droughts and wildfire risks loom: Weather Network

The B.C. coast is expected to see near-normal temperatures and precipitation.
Young people, newcomers fuel new debt growth: TransUnion report

Young people, newcomers fuel new debt growth: TransUnion report

The latest TransUnion debt report shows total debt continued to grow in the first quarter compared with the year before, driven mainly by young people and newcomers.
Parliament gets back to work with a new prime minister and many new faces

Parliament gets back to work with a new prime minister and many new faces

OTTAWA — Parliament gets back to work Wednesday with a new Speaker, a new prime minister and plenty of new faces in the House of Commons.
Throne speech underscores Canada's sovereignty, commits to joining ReArm Europe

Throne speech underscores Canada's sovereignty, commits to joining ReArm Europe

OTTAWA — Prime Minister Mark Carney's government confirmed Tuesday it is joining Europe's massive new rearmament plan.