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Heart of Alberta's oilsands feels pinch in real estate market
The precipitous decline in oil prices from a year ago has pummelled the housing market in Fort McMurray this year with MLS sales so far in 2015 down nearly 50 per cent from 2014 levels. Information...
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Braid: Worsening air quality sets stage for NDP environmental moves
The NDP is sending sharp messages on the environment with a string of announcements, from unambiguous protection for the Castle Wilderness, to the Nexen pipeline shutdowns, and now to revelations of...
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New report finds Alberta with most expensive rental housing in Canada
Alberta has the highest residential rental rates in the country, according to a report Thursday from a national partnership of housing organizations and financial institutions. The Canadian Rental...
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Housing market in Fort McMurray area takes hit from depressed oil prices
The depressed price of crude is having a significant impact on home sales in the heart of Alberta’s oil country. Canadian Real Estate Association data show annual MLS residential sales in the Fort...
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Oilsands technology employs electricity to zap tailings pond remediation
A new technology that passes electric current through sediment-darkened water in an oilsands tailings pond to encourage fine clay particles to settle out will be installed at a northern Alberta mining...
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Consumer spending in Alberta sees smallest increase in the country
Signs of recession in Alberta are starting to show in consumer spending habits. A report Thursday from Moneris found third-quarter consumer spending in Calgary slipped by 0.1 per cent from a year ago....
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Wildrose to hold leadership review at annual meeting
Brian Jean will face the first test of his Wildrose leadership Friday as party members gather behind closed doors to plot Wildrose’s future after the most tumultuous year in its history. The Wildrose...
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NEB says TransCanada subsidiary must stop drilling under Athabasca River
The National Energy Board has ordered a subsidiary of TransCanada Corp. to immediately stop drilling under the Athabasca River in Alberta’s oilsands area after a potentially toxic substance got into...
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Alberta woman drowns swimming on Mexican vacation
An Alberta woman has died after she was caught in a strong current while on vacation in Mexico. According to local media, 26-year-old Anna Hudson was swimming with another friend at Playa Delfines,...
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Average Fort McMurray home price down $117,000 from 2014
The slumping oilpatch in Alberta continues to take its toll on the Fort McMurray housing market, as the average MLS sale price of a home in that northern community plunged by more than $117,000 in...
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Chief of Alberta First Nation files lawsuit over coal tailings pond spill
EDMONTON — The chief of an Alberta First Nation is suing three companies over spill from a coal tailings pond that went into waterways that feed the Athabasca River. Ronald Kruetzer of the Fort...
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Reports say one dead, one injured in explosion at Alberta oilsands plant
There are media reports of one person being killed in an explosion at an oilsands plant near Fort McMurray, Alta. RCMP have confirmed a blast happened at the Nexen Long Lake plant on Friday afternoon....
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Fort McMurray takes hardest hit in Alberta real estate market in 2015
Housing sales in the heart of Alberta’s oilpatch have taken the hardest hit from plunging oil prices. Data from the Canadian Real Estate Association show Fort McMurray MLS sales last year fell by 43.5...
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Nexen lays off 120 more Canadian employees as oil price slump persists
Another 120 employees have been laid off by Nexen Energy ULC, a Calgary-based subsidiary of Chinese state-owned entity CNOOC Ltd. “Given the current economic reality, we have made the difficult...
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Live from Fort Mac: Alberta government hosts 'pre-budget virtual town hall...
Alberta Premier Rachel Notley and Finance Minister Joe Ceci are hosting a pre-budget virtual town hall meeting in Fort McMurray. With the next Legislature starting on Tuesday, the idea is to seek...
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Junior thermal oilsands companies report huge fourth-quarter losses
Two Calgary-based junior oilsands producers — one brand new, the other several years old — have announced multimillion-dollar fourth-quarter net losses. Sunshine Oilsands Ltd. reported a $326-million...
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Oil Respect e-mail campaign gets mixed rating as drilling stats trend lower
A coordinated action that resulted in more than two dozen oilfield services companies filling e-mail inboxes at media outlets across Canada with messages supporting energy pipeline approvals Wednesday...
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Update: Calgary deploys disaster team to Fort McMurray, 29 firefighters...
Nearly 30 firefighters and a team of emergency specialists have been deployed to help Fort McMurray crews respond to a historic wildfire that has forced a mass evacuation and destroyed hundreds of...
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Pulling together in the face of disaster
We may fight over politics, sports, weather and even municipal slogans but, when disaster strikes, Albertans put aside all differences and come together to battle a common foe. We saw it in 2011 when...
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See one driver's incredible videos of the exodus from Fort McMurray
As people reach safety after fleeing Fort McMurray, we continue to see more amateur footage of the fire. Last night, YouTube user ljubavi_moja_uLVNV posted a series of dashcam videos from Tuesday, as...
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