• 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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• Industry leader lauds Edmonton's proposed industrial investment plan

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-10-21 20:53:29.0
  Tags: [Alberta, Municipal, Economy, Taxation, Industry, Infrastructure]

  The City of Edmonton is considering a new industrial investment plan during its upcoming four-year budget deliberations to stimulate non-residential tax growth and job creation. Proposed incentives include a 25 per cent property tax forgiveness for three years for new industrial builds—costing the city roughly $1 million annually while opening up 15 hectares of land per year—and a $23 million four-year 'first mover' plan allowing developers to apply for municipal infrastructure cost reimbursements. Panattoni Development vice-president Mark Edwards lauded the initiatives, noting they will help overcome investment freezes and competition from surrounding municipalities with lower service costs. Currently, only 2.6 per cent of Edmonton's industrial land is shovel-ready, falling short of the city's 4.5 per cent target.

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• In Canada's drone-killing 'Sandbox,' companies compete for a $1M prize

  Source: CBC Politics
  Date: 2026-10-17 08:00:00.0
  Tags: [National, Alberta, Defence, Technology, Industry]

  The Department of National Defence hosted its fourth Counter-Uncrewed Aircraft Sandbox competition at the Suffield Research Centre in Alberta, offering a $1 million prize to spur domestic defence technology innovation. Two dozen companies from Canada, Australia, Finland, and the United States showcased detection and interception technologies, including laser-guided missiles developed by Calgary-based North Vector Dynamics and portable kinetic missiles by St. John's-based StrobelTEK. The initiative forms part of the federal government's Defence Drone Initiative to jump-start sovereign manufacturing capabilities in marine, underwater, ground, and aerial drone systems.

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• Carbon capture CEO says critics ‘told me I was crazy,’ hopes Alberta project proves them wrong

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-17 11:00:33.0
  Tags: [Alberta, Energy, Environment, Climate, Technology, Industry]

  Montreal-based Deep Sky Corp. operates its Deep Sky Alpha direct air capture facility near Innisfail, Alberta, where it pulls carbon dioxide from the air, stores it underground, and sells offset credits to buyers including TD Bank Group, Microsoft Corp., and Royal Bank of Canada. The company utilizes a refundable federal tax credit covering up to 60 percent of eligible spending on direct air capture equipment through the end of 2035. GE Vernova Inc., a U.S.-based partner, is bringing a machine to the Alpha site designed to capture up to 1,500 tonnes of carbon annually by late 2026.

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• Ottawa’s giant tax write-off could win over investors for oilsands carbon storage project: industry

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-15 23:36:03.0
  Tags: [National, Alberta, Energy, Environment, Taxation, Industry]

  Prime Minister Mark Carney proposed a productivity mega deduction at the Canada Investment Summit in Toronto, allowing businesses to deduct the full cost of new equipment and long-term assets in their first year. Industry representatives from the Pathways Alliance, including President Kendall Dilling, stated this federal tax policy addresses a crucial hurdle for financing the alliance's multi-billion-dollar carbon capture and storage project in Alberta. The Pathways Alliance project aims to cut approximately six million tonnes of emissions annually and is targeting a November 15 memorandum of understanding deadline for final binding agreements, with pipeline construction projected around 2030.

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• Canada, Ukraine forge 100-year pact built on drones and defence

  Source: CBC Politics
  Date: 2026-09-10 18:15:05.0
  Tags: [National, Alberta, Defence, Technology, Industry, Energy]

  Prime Minister Mark Carney and Ukrainian President Volodymyr Zelenskyy signed a 100-year strategic and political partnership in Calgary, Alberta, focusing on defence production, trade, energy, and critical minerals. Ottawa plans to establish a drone marketplace to produce millions of drones within two years by pairing Canadian firms with Ukraine's battle-tested industry, while expanding cooperation on counter-drone technology, munitions, and artificial intelligence. Additionally, Canada pledged over $430 million in loan guarantees for gas purchases to support Ukraine Energy Security Fund infrastructure repairs, alongside a $350 million air defence package.

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• Alberta declares a race with the U.S. on carbon storage, as Canada's biggest project opens

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-10 11:00:01.0
  Tags: [Alberta, Energy, Environment, Climate, Resources, Industry]

  Enhance Energy Inc. has broken ground on the Origins CCS Hub in Clive, Alberta, representing Canada's largest carbon capture and storage (CCS) project, which is scheduled to become operational by January 2027. The facility will initially store up to 1.5 million tonnes of CO2 per year in deep saltwater formations, equivalent to removing over 500,000 cars from the road, utilizing the Alberta Carbon Trunk Line and pipelines built from Canadian steel. Alberta Minister of Energy and Minerals Brian Jean framed the initiative as a race against the United States to capture carbon, which the province deems necessary to support its long-term goal of doubling oil production to eight million barrels per day. Federal Minister of Energy and Natural Resources Tim Hodgson noted that the federal government is collaborating with Alberta via a memorandum of understanding to establish a functioning carbon market.

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• Ebel steps down as Enbridge's CEO, leaving pipeliner with $41 billion in growth projects

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-08 16:40:17.0
  Tags: [Alberta, Energy, Industry, Infrastructure]

  Greg Ebel will step down as chief executive officer of Enbridge Inc. in December 2026 after a three-year tenure, leaving the Calgary-based pipeline company with $41 billion in active growth projects. Ebel will be succeeded on January 1, 2027, by Michele Harradence, currently Enbridge's executive vice-president and president of gas distribution and storage. Harradence, an internal pick with a background in natural gas, engineering, and law, previously guided the integration of three U.S. natural gas utilities acquired from Dominion Energy Inc.

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