• The owner of Ace Liquor and Spiritleaf raises its bet on U.S. cannabis, as its manufacturing arm faces a strategic review

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-10-28 11:00:16.0
  Tags: [Alberta, British Columbia, Economy, Industry, Labour, Trade]

  Edmonton-based retailer SNDL Inc., owner of Ace Liquor, Value Buds, and Spiritleaf, is conducting a strategic review and weighing the potential sale of its unprofitable Canadian cannabis production assets while exiting the dried flower business. The company reported a $52-million write-down and a 28 per cent year-over-year sales drop in its weed production segment, alongside cutting its workforce at its Kelowna, British Columbia manufacturing facility by more than 30 per cent. Simultaneously, SNDL invested $60.8 million into the United States market, acquiring approximately a 92 per cent stake in a partnership controlling Parallel, an American cannabis grower and retailer operating over 50 locations across Florida, Texas, and Massachusetts.

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• Provinces call on Ottawa to expand mining credit

  Source: Global News Politics
  Date: 2026-10-10 12:17:12.0
  Tags: [National, British Columbia, Alberta, Saskatchewan, Manitoba, Nova Scotia, Taxation, Economy, Resources, Mining, Finance]

  Nearly half of Canada's provinces and territories—specifically Nova Scotia, Manitoba, Saskatchewan, Alberta, British Columbia, and Yukon—are urging the federal Liberal government to fulfill its 2025 election promise to expand the mineral exploration tax credit to include engineering and feasibility study costs. The Association for Mineral Exploration and the Nunavut and N.W.T. Chamber of Mines argue this measure is crucial to help junior mining companies navigate the late-stage 'valley of death' financing gap. An Ernst & Young report commissioned by the association indicates that covering feasibility and economic viability studies could generate between 14,000 and 34,000 jobs and add $5.2 billion to $12.2 billion in GDP over 10 years. While Finance Minister François-Philippe Champagne's office highlighted recent federal initiatives such as the Productivity Mega Deduction and the Critical Mineral Exploration Tax Credit, federal expenses under the Canadian exploration expenses framework still exclude economic assessments and feasibility studies.

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• West coast pipeline is in Canadian national interest: Carney, Smith in Fort McMurray

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-10-01 15:13:46.0
  Tags: [National, Alberta, British Columbia, Energy, Infrastructure, Economy]

  Prime Minister Mark Carney and Alberta Premier Danielle Smith jointly announced the designation of the Pacific Link oil pipeline project as a national interest undertaking under the One Canadian Economy Act. The pipeline will run 1 million barrels per day of crude oil from Bruderheim, Alberta, to southern British Columbia, featuring a new delivery terminal and marine export facility. The project will be developed, built, and operated by the federal Crown corporation Trans Mountain Corporation and the provincial Crown corporation Alberta Petroleum Marketing Commission, each holding a 45 percent ownership stake, alongside a 10 percent interest by Pembina Pipeline Corporation. A review process involving the federal major projects office and the Canada Energy Regulator is targeted for completion by September 1 of next year, with construction potentially beginning immediately afterward, contingent on the Pathways carbon capture project offsetting emissions.

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• West Coast oil pipeline becomes 1st project designated in national interest

  Source: CBC Politics
  Date: 2026-10-01 15:11:24.0
  Tags: [National, Alberta, British Columbia, Infrastructure, Energy, Economy]

  The federal and Alberta governments have designated a proposed West Coast oil pipeline as the first project under Schedule One of the Building Canada Act. Scheduled to open between 2032 and 2033, the pipeline will transport one million barrels of oil per day from Alberta to the British Columbia coast. Senior government officials project the project will boost Canada's GDP by up to $30 billion annually—including $20 billion directly from the pipeline and $10 billion from diversifying export markets away from the United States—while creating up to 140,000 jobs.

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• From pipelines, to railways and AI: Ottawa pitches 167 projects ahead of Carney's investment summit

  Source: CBC Politics
  Date: 2026-09-10 21:20:00.0
  Tags: [National, Alberta, British Columbia, Nova Scotia, Infrastructure, Energy, Transportation, Economy, Technology]

  The federal government has released a 66-page prospectus outlining 167 investment projects across eight sectors ahead of the Canada Investment Summit in Toronto, co-hosted by Prime Minister Mark Carney alongside the Canada Pension Plan Investment Board and Public Sector Pension Investment Board to attract $1 trillion in international capital. Notable infrastructure and energy proposals featured in the document include a $57 billion US expansion of the Port of Churchill, a $44 billion Nova Scotia Wind West offshore wind project, a $35 billion West Coast Oil Pipeline connecting Alberta crude to British Columbia, a $28.5 billion Ksi Lisims LNG terminal project on the B.C. coast, a $10.9 billion Calgary-to-Edmonton high-speed passenger rail line, a $2.1 billion US South Bow Prairie Connector pipeline expansion, and a $14.5 billion data centre near Medicine Hat, Alberta. The pitch aims to diversify Canada's trade and energy export markets amid escalating U.S.-Canada trade tensions while highlighting assets ranging from fully permitted, shovel-ready initiatives to preliminary-stage critical mineral developments.

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