Varcoe: Canadian oilsands majors 'approaching debt-free status' amid epic cash flow levels - Calgary Herald

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Skip to Content Subscribe FAQ My Account Manage My Subscription News Local News Crime Politics True Crime National World Weather Archives Business Energy Local Business Real Estate First-Time Homebuyers Commercial Real Estate FP Markets FP Headlines FP Money Technology Gaming Science Space Small Business Alberta's Top Employers Sports Calgary Flames NHL PWHL More Hockey Calgary Stampeders CFL NFL Calgary Cavalry Calgary Roughnecks Spruce Meadows Soccer International Soccer MLS Baseball Basketball Golf Golf Videos Curling Rodeo-Chucks Tennis Auto Racing Opinion Columnists Letters Editorials Send us an Opinion Column or Letter Arts Local Arts Movies Movie Listings Television TV Listings Theatre Music Celebrity Books Life Health Women Men Sexual Health Diet & Fitness Family & Child Special Sections CALGARY HOME + GARDEN SHOW Encore Lifestyles CALGARY FALL HOME SHOW Food Homes New Homes Condos Rec Properties Calgary Homes & Design Fashion & Beauty Parenting Relationships Advice Horoscopes Royals Travel Ski & Snowboard Travel Alberta Travel Canada Travel USA Travel International Cruises Travel Essentials Savings Contests Readers' Choice Lives Told Tails Told Shopping Calgary Herald

The average cost of a business interruption claim is nearing $1 million, an upward trend that appears to have several causes. A new report shows BI losses are being pushed up by natural catastrophes, growing risk in supply chains, rising geopolitical tensions, inflation costs and technology-related disruptions.

EdmontonMétis leaders in the Fort McMurray region say Prime Minister Mark Carney has not met with them to discuss the proposed Pacific Link pipeline, despite meeting with the chiefs of nearby First Nations. Métis leaders raised concerns at news conference in Fort McMurrayVincent McDermott · CBC News · Posted: Oct 15, 2026 8:00 AM EDT | Last Updated: October 16Listen to this articleEstimated 4 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Prime Minister Mark Carney, flanked by Pembina Pipeline CEO Scott Burrows and Alberta Premier Danielle Smith, at a press conference north of Fort McMurray, Alta., announcing next steps to accelerate the West Coast pipeline project. (Vincent McDermott/CBC)Métis leaders in Alberta’s Wood Buffalo region are accusing the federal government of excluding them from discussions on the proposed Pacific Link pipeline project.

It’s been a relatively quiet decade in the Alberta oilsands, but the federal and provincial governments believe a new West Coast pipeline coupled with policy shifts might help turn up the volume. Prime Minister Mark Carney was in Fort McMurray, Alta., this week to announce the first proposal to be deemed in the national interest under legislation passed last year: the million-barrel-per-day Pacific Link pipeline from Alberta to a tanker export terminal in southern B. C. The designation means the proposal will be subject to a streamlined review process, shepherded by the Calgary-based major projects office.