• 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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• Poilievre asks Carney to repeal B.C.’s oil tanker ban

  Source: Global News Politics
  Date: 2026-10-26 15:01:23.0
  Tags: [National, British Columbia, Alberta, Energy, Resources, Trade]

  Conservative Leader Pierre Poilievre and several opposition MPs signed a letter urging Prime Minister Mark Carney to repeal the federal oil tanker ban on British Columbia's northern coast as a federal Tory bill goes to second reading. The proposed repeal aims to advance a project by Calgary-based Strathcona Resources to ship up to 250,000 barrels of Canadian oil per day via existing railroad tracks through Prince Rupert, B.C., across the Pacific Ocean. The push challenges an agreement signed in July by Prime Minister Mark Carney and former B.C. Premier David Eby committing Ottawa to maintain the north coast tanker ban without alteration.

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• How a new oil pipeline could open new markets for Canada — and deepen U.S. ties

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-10-05 11:00:37.0
  Tags: [National, Alberta, British Columbia, Energy, Infrastructure, Trade]

  Prime Minister Mark Carney and Alberta Premier Danielle Smith declared the 1,250-kilometer Pacific Link oil pipeline—running from Bruderheim, Alberta to Delta, British Columbia and adding one million barrels per day of capacity—a project of national interest. Co-owned equally by Ottawa and Alberta with at least 10 percent equity offered to Indigenous communities and led by Trans Mountain Corp. alongside private partner Pembina Pipeline Corporation, the project aims to reduce reliance on U.S. markets by opening Asian trade routes. However, industry analysts note the pipeline will exacerbate Western Canada's reliance on American condensate imports, requiring an additional 383,000 barrels per day of diluent to transport the heavy bitumen. Ottawa has targeted September 1, 2027, to finalize building conditions for the infrastructure.

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