Alberta Financial News

Influenza vaccines will be available in Alberta pharmacies on Oct. 16, with the new Moderna XBB vaccine likely to be accessible around the same time.Health Canada approved the highly anticipated booster shot on Tuesday for all Canadians six months and older.

Adriana LaGrange and other health officials at a news conference in Calgary on Tuesday morning to provide an update on the situation.As of Tuesday, 264 lab-confirmed cases were linked to the outbreak, with 25 in hospital and 22 patients developing hemolytic uremic syndrome (HUS), a severe kidney complication.Alberta Health Services said six children are receiving peritoneal dialysis at Alberta Children’s Hospital, with other patients receiving care at three outpatient clinics in Calgary hospitals.The kitchen had been inspected four times in 2023, with the last inspection prior to the outbreak occurring in April 2023.

TORONTO—Canada’s oil-rich province of Alberta has become the latest jurisdiction to push back against renewable-energy initiatives, declaring a seven-month moratorium on new wind and solar projects. The pause put in place by the province’s conservative government has provoked criticism from members of the renewables industry, which says the move threatens to undermine a fast-growing sector that has been contributing a growing share of energy to Alberta’s power grid. Alberta, which is home to Canada’s oil sands, the fourth-largest oil reserve in the world, announced earlier this month that it would pause until Feb.

A recent cybersecurity breach targeting a government service provider could have left thousands of Albertans’ banking records and hundreds of thousands more names exposed.

Alberta Premier Danielle Smith says Ottawa is one of the reasons why her government has placed a moratorium on approving new wind and solar power projects, arguing the feds are preventing development of backup generation for renewable energy like natural gas.Smith, whose government surprised the province’s renewable energy industry last week by announcing a six-month freeze on new projects greater than one megawatt, told her provincewide radio call-in program Saturday that backup plants powered by natural gas are needed for when wind isn’t blowing or the sun isn’t shining.But, she said, the federal government doesn’t want Alberta to add any new natural gas electricity plants to the grid.“So I’ve told them, how can I bring on additional wind and solar if I’m not able to secure the reliability of my power grid by being able to bring on natural gas peaker plants? That’s the heart of the problem,” Smith said.“No one is proposing any new natural gas plants because the federal government has created so much uncertainty in the market.”The rationale was confusing for an energy market economist, as well as a representative of a renewable energy industry group, who said there isn’t a requirement in Alberta’s market for generators to be able to supply power 24-7.“If somebody adds solar to the grid, you don’t need to add backup to compensate for it,” said Andrew Leach, a University of Alberta energy economist. “It just adds a source of cheap electricity for times when it is sunny outside.”“Essentially, you bring your power to the market every hour and see what it sells for.”Leach said it’s possible the addition of cheap wind and solar energy could discourage natural-gas powered projects by lowering the price of electricity.

Alberta withdrew its support for a bid centred around Calgary/Edmonton to host the 2030 Commonwealth Games on Thursday, ending any chance of bringing the multi-sport showcase event back to Canada for its centennial. The decision was another blow for the embattled Commonwealth Games Federation (CGF) after Hamilton, Ontario, which hosted the inaugural Games in 1930, suspended its bid and Australian state Victoria last month withdrew as host of the 2026 Games due to projected cost overruns.

plane crash that left all six people on board dead Friday night.The plane was heading to Salmon Arm, in B.C.’s Southern Interior, from Calgary and lost contact about 30 minutes into its journey.On Saturday, RCMP said, the Joint Rescue Coordination Centre in Trenton, Ont., tasked a Winnipeg-based Royal Canadian Air Force CC-130 Hercules from the 435 Transport and Rescue Squadron with the search, after reports of the plane not arriving at its destination were received.“The crew honed in on the Emergency Locator Transmitter (ELT) to the crash site on Mount Bogart. Alberta Parks Mountain Rescue responding with Alpine Helicopters and a Comox-based RCAF CH-149 Cormorant from the 442 Transport and Rescue Squadron were dispatched to assist,” police said.Alberta Parks Mountain Rescue were also assisted by Alberta Health Services (AHS), Kananaskis Emergency Services and Alberta Conservation.Responder crews said it was very cloudy at the time, reducing visibility.The Edmonton-based investigators will be in the area for a couple days and will determine if weather was a factor.

Surrey RCMP said the two missing children, subjects of an 11-day Amber Alert, were found in Alberta.Mounties said the children were found on a rural property just outside of the town of Edson, Alta., around 7:20 p.m. Saturday.Three adults were detained at the property as well, including the mother and her boyfriend.Abduction charges have been laid against the mother and her boyfriend in relation to the incident.

Alberta Premier Danielle Smith says if a Calgary medical clinic begins charging a fee for faster access to a family doctor, it will be shut down, fined or have medicare payments from the province withheld.

The helicopter pilot who lost his life while battling wildfires in northern Alberta is being remembered as an incredible father to his sons and a fiercely loyal family member, colleague and friend.

Home prices in Canadian oil country are surging, driven by a rush of newcomers from abroad — as well as from more expensive markets across the nation.

An Edmonton lawyer is paving the way for a more streamlined, faster, cheaper and more co-operative model of divorce. The approach, being offered as a pilot project in Alberta, uses one lawyer jointly for the couple.

Alberta, Canada’s most oil-rich province, is seeing growth in the crypto industry to diversify its economy.