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Alberta premier hopes for health reform payoff in 2025, regrets deferring tax cut

Alberta premier hopes for health reform payoff in 2025, regrets deferring tax cut

EDMONTON — Alberta Premier Danielle Smith is eager to show that her government can finally put the pieces of a dismantled provincial health-care system back together again in the new year.
S&P/TSX composite up almost 150 at closing, U.S. markets also higher

S&P/TSX composite up almost 150 at closing, U.S. markets also higher

TORONTO — Canada's main stock index pushed higher to end Monday up almost 150 points on light trading action, while U.S. stock markets also gained ahead of the Christmas break.
Union for striking aviation fuel workers in Vancouver says aging pipeline poses risk

Union for striking aviation fuel workers in Vancouver says aging pipeline poses risk

BURNABY, B.C. — A union representing striking aviation fuel workers in British Columbia is warning that diversion of the fuel to get around the industrial action could pose an environmental hazard.
Manitoba government to reinstate fuel tax, but at a reduced rate

Manitoba government to reinstate fuel tax, but at a reduced rate

WINNIPEG — The Manitoba government is ending its yearlong fuel tax holiday but bringing back the levy at a lower rate.
Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin

Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin

CALGARY — Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.
Statistics Canada reports real GDP grew 0.3 per cent in October

Statistics Canada reports real GDP grew 0.3 per cent in October

OTTAWA — Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.
Canadian carbon removal company scores US$40M grant from fund backed by Bill Gates

Canadian carbon removal company scores US$40M grant from fund backed by Bill Gates

A Canadian company that has received a US$40-million grant from Bill Gates' climate solutions venture firm says its Alberta test site will be removing carbon directly from the atmosphere as early as this spring.
Vermilion Energy raises dividend, plans $600M-$625M capital spending for 2025

Vermilion Energy raises dividend, plans $600M-$625M capital spending for 2025

CALGARY — Vermilion Energy Inc. raised its dividend as it outlined a capital spending plan of $600 million to $625 million for 2025. The company says it will pay a quarterly dividend of 13 cents per share, up a penny from 12 cents per share.
Canada pushes net-zero electricity target to 2050 as Alberta vows legal challenge

Canada pushes net-zero electricity target to 2050 as Alberta vows legal challenge

OTTAWA — The federal government has pushed its target to achieve a net-zero electricity grid back 15 years to 2050 as part of new clean electricity regulations announced Tuesday — though officials maintain that target date was always the goal.
B.C.'s projected deficit grows again to $9.4 billion in latest fiscal update

B.C.'s projected deficit grows again to $9.4 billion in latest fiscal update

British Columbia's new finance minister said she is "realistic" about the economic challenges facing the province after announcing this year's record deficit is projected to reach $9.4 billion.
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