News and stories about business related info and developments.
Business
Big Rock Brewery Inc. has reported a significant surge in its third-quarter 2025 sales volumes, marking a 36% increase over the period. The Calgary-based brewer also saw a robust 42% growth over the past 12 months, with total sales reaching 89,572 hectolitres. This impressive performance was largely fueled by
Business
Calgary is set to host a significant national announcement on November 9, 2025, as Canada’s Budget 2025 Climate Competitiveness Strategy is officially unveiled. The event, scheduled for 1:00 p.m. MT, will take place at the University of Calgary’s Energy Environment Experiential Learning Building, located at 750
Business
AltaGas, a prominent player in Calgary's energy sector, is set to issue $500 million in notes. This financial maneuver is primarily aimed at managing existing debt and providing capital for future projects, with the closing anticipated by November 10, 2025. This move underscores Calgary's enduring significance
Business
Calgary's economic engine is roaring! Rubellite Energy Corp. just posted a sensational third quarter 2025, with sales production skyrocketing by an incredible 104% year-over-year to an average of 12,122 barrels of oil equivalent per day (boe/d). This robust growth, driven by 11 new heavy oil wells
Business
Calgary's red-hot housing market continues to see big players make strategic moves, and Genesis Land Development Corp. is no exception. The local developer is reporting robust Q3 2025 revenues of $116.9 million, a healthy jump from $93.1 million in Q3 2024. This surge comes as Calgary
Business
Calgary-based Vermilion Energy is making waves, announcing robust Q3 2025 results and a strategic 2026 budget on November 5, 2025. The company revealed $254 million in fund flows from operations and significantly slashed its net debt by $100 million in Q3, bringing it to $1.3 billion as of September
Business
Calgary’s energy scene is buzzing, and Kiwetinohk Energy just dropped some big news that could ripple through local markets. On November 5, 2025, the company announced its Q3 results, showcasing impressive milestones and a strategic partnership amidst a dynamic period for Alberta’s natural gas sector. Notably, Kiwetinohk drilled
Business
Big news on the Calgary business scene! Our very own Parkland Corporation, a familiar name in energy, has officially been acquired by U.S.-based energy infrastructure giant Sunoco LP. This significant transaction concluded on October 31, 2025. For Parkland shareholders, a change is on the horizon. Shares are slated
Business
Calgary-based Tourmaline Oil Corp is making headlines, delivering solid news for investors right as the city's energy sector navigates a complex, yet cautiously optimistic, 2025. The company wrapped up its third quarter of 2025 with strong liquids production, hitting 147,165 bpd—a 4% jump over Q2 2025.
Business
Calgary-based Surge Energy Inc. is making headlines with robust third-quarter results, announced on November 5, 2025. The company reported an impressive average production of 23,622 barrels of oil equivalent per day (boepd), significantly surpassing its revised 2025 budget guidance of 23,000 boepd, which was set on July 28,
Business
Calgary's energy landscape just saw a major shake-up! On November 4, 2025, Denver-based Ovintiv acquired local player NuVista Energy for approximately $2.7 billion (C$3.8 billion), including net debt. This massive deal shines a spotlight on Calgary's continued relevance in the global energy market.
Business
Hey, Calgary! Big news just hit our local business scene on November 3, 2025. Our very own Essex Lease Financial Corporation, a powerhouse in equipment finance across Western Canada, has officially completed its acquisition of ATB Financial’s Capital Asset Financing Division. This isn't just corporate shuffling; it’
