Latest News for: Alberta projects

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Alberta bill mandating referendum before CPP exit enters homestretch in legislature

Moosejaw Today 06 Dec 2023
Along with a change to force governments to honour the results of the referendum, the NDP also wants it spelled out in law that any investment income earned by an Alberta pension plan would have to be reinvested in the plan and not used by future governments for pet projects.
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$15M competition challenges teams to cut costs of Alberta-made carbon fibre

CTV 06 Dec 2023
More than $15 million has been awarded to projects aimed at cutting the costs of creating carbon fibre from Alberta bitumen ... .
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GoldMining Plans to Advance Uranium Project in Alberta's Athabasca Region

Market Watch 04 Dec 2023
GoldMining said Monday that it intends to advance a uranium project in Alberta that it has owned but kept unexploited since 2013 ... The project is 75% owned by GoldMining, with 25% owned by Orano Canada, a subsidiary of French mining company Orano Mining.
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GoldMining Shares Jump on Uranium Project Plans in Alberta

Market Watch 04 Dec 2023
GoldMining shares were higher Monday morning after the company said it has plans to advance a uranium project in the Athabasca Region of Alberta.
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Toronto Stocks Edge Lower; Argonaut Gold Slides on C$80M Fundraiser

Market Watch 04 Dec 2023
By Adriano Marchese. Toronto-listed shares were mildly lower Monday at midday ... GoldMining shares were 8% higher at C$1.35 after the company said it has plans to advance a uranium project in the Athabasca Region of Alberta to take advantage of the elevated price of uranium ... .
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The New Green Investment: Getting Clean Energy to Big Cities -- Commodities Roundup

Market Watch 04 Dec 2023
... from a group of European investors to build more projects across the U.S ... GoldMining Plans to Advance Uranium Project in Alberta's Athabasca Region. GoldMining said Monday that it intends to advance a uranium project in Alberta that it has owned but kept unexploited since 2013.
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Oil Revenues Send Alberta’s Budget Surplus Soaring

Oil Price 01 Dec 2023
Revenues from the oil industry have pushed Alberta’s projected budget surplus for this year to twice as ...
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Moe says Saskatchewan to stop collecting federal carbon levy for electric heat

Toronto Sun 01 Dec 2023
That is why we made announcements alongside Manitoba and Alberta earlier this month — to deliver for Canadians,” Katherine Cuplinskas, a spokesperson for the federal finance department, said in an email. On Wednesday, Dow Chemical announced it’s investing nearly $9 billion for a net-zero petrochemical project near Edmonton.
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Oil revenues, taxes nudge up Alberta's projected surplus to $5.5B

CBC 30 Nov 2023
Higher-than expected revenue from income taxes and non-renewable resource revenues are bumping Alberta’s expected surplus up to $5.5 billion this year, the province’s latest financial statements say ... .
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Alberta’s emissions reductions program could attract up to $35 billion in investment

True North 29 Nov 2023
Since 2015, Quest and Alberta Carbon Trunk Line projects have successfully captured and stored more than 11.5 million tonnes of CO2, equivalent to emissions from 2.5 million cars per year ... The estimate of $35 billion is based on the Alberta Petrochemical Incentive Program, which has $38 billion worth of projects that have applied.
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Alberta unveils carbon capture and storage incentive to help decarbonization

Reuters 29 Nov 2023
Nov 28 (Reuters) - Canada's main oil-producing province Alberta on Tuesday said it would provide a 12% grant on eligible capital costs associated with building new carbon capture utilization and storage (CCUS) projects to help industry cut emissions that cause climate change.
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'First of its kind': Dow invests $9 billion on Alberta net-zero petrochemical project

North Shore News 29 Nov 2023
Dow Chemical has announced plans to invest nearly $9 billion in a net-zero petrochemical project northeast of Edmonton ... The province says it is providing a 12 per cent grant worth $1.8 billion to the project through the Alberta Petrochemicals Incentive Program ... "This project is one of the largest private sector investments in Alberta’s history.
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What is COP28? This year's climate conference, explained

North Shore News 29 Nov 2023
Alberta also plans to announce a new grant program to encourage carbon capture projects in the province. The program will be modelled on the Alberta Petrochemicals Incentive Program, which allows for a refunding tax credit of up to 12 per cent of eligible capital costs once projects are operational.
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Canada's Alberta introduces new carbon capture incentive program

Xinhua 28 Nov 2023
28 (Xinhua) -- Canada's major oil-producing province Alberta said on Tuesday it will provide major industries with up to 12 percent of new eligible capital project costs to accelerate carbon capture and emissions reductions ... ACCIP will help ensure Alberta remains competitive ...
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Dow's Board of Directors Approves Final Investment Decision for Path2Zero Project

Longview News-Journal 28 Nov 2023
The Canadian and Alberta Advantage ... Additionally, the governments of Canada, Alberta, and Fort Saskatchewan have made subsidies and incentives available to support this project and to drive innovation in low-emissions manufacturing in Canada. It will be the first project to access Canada's new ITC program.

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