Listen Live

Supreme Court rules oil well cleanup trumps debt repayment; PBO suggests Ottawa may have overpaid for pipeline

Well cleanup is a priority for bankrupt producers: Supreme Court

Bankrupt oil producers are still responsible for their equipment in Alberta.
That’s the judgment from the Supreme Court of Canada, which ruled the cost of oil well cleanup takes priority over debt repayment. The ruling comes months after the Alberta Energy Regulator suggested the price tag for cleaning up Alberta’s oil sands would run hundreds of billions of dollars.

Ottawa may have been the loser in pipeline negotiations: PBO

A new report suggests the feds might need to work on their negotiation skills.
The Parliamentary Budget Office believes the entire Trans Mountain Pipeline is worth between $3.6 and $4.6 billion. That means the Liberals could have saved nearly $1 billion during negotiations with Kinder Morgan. And the PBO warns the value will keep dropping the longer the project sits in limbo.

Blood pressure drug comes with high cancer risk: Health Canada

Health Canada is warning of cancer risks connected to a blood pressure drug.
These prescriptions can heighten the risk of getting a sunburn which can lead to skin cancer. The risk gets higher the longer you’ve been taking the drug. Health Canada is warning anyone taking blood pressure or hypertension medication to speak with your doctor.

- Advertisement -

Related Articles

- Advertisement -

Latest News

Teen charged for stabbing incident at the end of June

A teenager is facing charges in connection to an incident at the end of June where a taxi driver was stabbed in the stomach. 

Special Olympics Alberta Summer Games right around the corner

The countdown is on for the competitors of the 2025 Special Olympics Alberta Summer Games to make their way to Grande Prairie.

City asking residents to avoid “fish kill” concentration areas on local waterways

The city has put out a public advisory warning of what is known as a “fish kill,” currently taking place in sections of Bear Creek.

AHS warns of possible measles exposure locations in Grande Prairie

A confirmed measles case has prompted an exposure warning in Grande Prairie.

Jumpstart inclusive playground set to transform Lion’s Park

A new playground that is inclusive for all will be built at Lions Park.
- Advertisement -