Three members of Edmonton Economic Development Corporation’s senior leadership team — including CEO Derek Hudson — have “departed” the organization amid an “unprecedented financial situation” caused by the COVID-19 pandemic. Also leaving are Glen Vanstone, vice-president of research and strategy, and Cheryll Watson, vice-president of Innovate Edmonton, EEDC said in a statement posted to Twitter Tuesday.…
Canada’s oil and gas sector has slashed spending plans across the industry by $8.9 billion amid the economic fallout of the novel coronavirus, according to new estimates. IHS Markit says while the bulk of the cuts have been made by large oilsands producers, there have also been “sizeable” spending reductions to conventional, unconventional, midstream and petrochemical projects. It pegs the reductions in capital spending in oilsands alone…
Alberta plans to massively increase COVID-19 testing, with the goal of performing 20,000 tests each day by late May. More than 77,000 people have been tested so far, with labs in the province currently able to conduct about 7,400 tests daily. Dr. Deena Hinshaw, Alberta’s chief medical officer of health, will give her latest update on testing and case…
Edmonton Oilers chairman Bob Nicholson remembers Colby Cave as a tireless worker on the ice and in the community. Nicholson hopes to see the popular forward’s impact carried on through the Colby Cave Memorial Fund, announced Tuesday by the Oilers and the Cave family. Cave, a native of Battleford, Sask., died Saturday at a Toronto hospital.…
Prime Minister Justin Trudeau said today there will be a phased-in approach to reopening Canada’s economy as the COVID-19 crisis subsides — but it will be weeks still before business and school shutdowns begin to ease off. During a briefing outside his residence at Rideau Cottage, Trudeau said talks with provinces on resuming economic activity are…
New measures intended to reduce the risk of human-caused wildfires during the COVID-19 pandemic are expected to be imposed by the Alberta government. Agriculture and Forestry Minister Devin Dreeshen will hold a news conference at 12 p.m. Tuesday to “provide an update on next steps to reduce the risk.” Dreeshen will be accompanied by Shane Schreiber, the managing director…
