TransAlta Corp. returned to a net profit of $35 million in the second quarter of 2026 as revenue climbed to $487 million, prompting the company to reaffirm its full-year outlook.

Meta Platforms plans to construct a one-gigawatt AI data centre in Alberta, supported by a new natural gas-fired power facility. The project is expected to create over 3,000 construction jobs and 300 permanent positions.

Prime Minister Mark Carney and Premier Danielle Smith have announced a formal agreement to construct a new oil pipeline to Asian markets. The project is linked to carbon capture initiatives and has drawn criticism from political leaders and environmental organizations.