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Canada supports rapid housing projects for First Nations in Northeast Alberta
April 28, 2023 Today, the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, alongside The Honourable Randy Boissonnault, Minister of Tourism, Associate Minister of Finance and Member of Parliament for Edmonton Centre announced funding of $11.4 million through the Rapid Housing Initiative (RHI) Project Stream to support projects with two Indigenous groups in Northeastern […]
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On Target: 2023 Sustainability Report shows Atco’s continuing strong Environmental, Social and Governance Performance
CALGARY, AB, April 28, 2023 – ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y) / Canadian Utilities Limited (TSX: CU) (TSX: CU.X) Today, ATCO released its 2022 Sustainability Report highlighting the company’s sustainability and environmental, social, and governance (ESG) performance including strategies, initiatives, targets, and metrics. The report focuses on the transition to low-carbon energy; climate change and […]
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Civeo Reports First Quarter 2023 Results
First Quarter Highlights include: Reported first quarter revenues of $167.6 million, net loss of $6.4 million and operating cash flow of $0.4 million; Delivered first quarter Adjusted EBITDA of $20.2 million; Continued to return capital to shareholders through the share repurchase program; and Today announced five contract awards to provide accommodations and hospitality services at […]
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Extending Highway 686 to connect northern Alberta
Apr 27, 2023 Alberta and Loon River First Nation, Peerless Trout First Nation and Bigstone Cree Nation have signed an agreement to begin work to extend Highway 686 to Fort McMurray, connecting northeastern and northwestern Alberta. The proposed project involves extending Highway 686 by 218 kilometres to connect Peerless Lake and Fort McMurray, creating a […]
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Canada supports rapid housing projects for First Nations in Northwest Alberta
April 27, 2023 Today, the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, alongside the Honourable Randy Boissonnault, Minister of Tourism and Associate Minister of Finance announced an investment of $25.3 million through the Rapid Housing Initiative (RHI) under the National Housing Strategy to support affordable homes in Northwest Alberta. These projects are providing […]
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Western Energy Services Corp. Announces 2023 Director Election Results
April 26, 2023 CALGARY, ALBERTA – Western Energy Services Corp. (“Western” or the “Company”) (TSX: WRG) today announces the director election results from its 2023 annual meeting of shareholders held on April 26, 2023. According to the proxies received and ballots cast at the meeting, the following seven nominees were elected as directors to hold […]
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Alberta’s construction sector poised for a near-term peak before employment demands ease to 2032
April 27, 2023 Alberta’s construction sector continued its strong post-pandemic recovery in 2022, buoyed by further growth in its new-housing market and by increased activity across its non-residential sector. Market conditions remain strained, as a result, as many residential-sector trades, in particular, reported recruiting challenges. BuildForce Canada released its 2023–2032 Construction and Maintenance Looking Forward […]
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SECURE announces 2023 First Quarter Results
Adjusted EBITDA1 increased 20% to $151 million and 20% to $0.49 per share1 9,595,200 common shares repurchased at a weighted average price per share of $7.24 2023 planned growth expenditures increased to approximately $100 million (from $50 million previously announced) with additional infrastructure expansion projects backed by commercial agreements entered in Q1 2023 Revised segment […]
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Suncor Energy to acquire TotalEnergies’ Canadian operations for $5.5 billion, plus additional potential payments up to an aggregate maximum of $600 million
Transaction includes the remaining 31.23% working interest in Fort Hills and 50% working interest in Surmont Adds 135,000 barrels per day of bitumen production capacity and 2.1 billion barrels of reserves Ensures sufficient long-term bitumen supply beyond Base Mine end of life to keep Base Plant upgraders full Immediately accretive to funds flow per share […]
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North American Construction Group Ltd. Announces Results for the First Quarter Ended March 31, 2023
ACHESON, Alberta, April 26, 2023 – North American Construction Group Ltd. (“NACG”) (TSX:NOA/NYSE:NOA) today announced results for the first quarter ended March 31, 2023. Unless otherwise indicated, financial figures are expressed in Canadian dollars, and comparisons are to the prior period ended March 31, 2022. First Quarter 2023 Highlights: Equipment utilization of 79% from strong […]
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