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Cenovus Energy Inc. CVE recently announced the intention of increasing capital spending for 2020 to C$1.3-C$1.5 billion from the 2019 estimated level of C$1.1-C$1.2 billion.

CALGARY – Oilsands giant Suncor Energy Inc. says it will keep capital spending related to its oil operations flat next year while moving forward with a new $300-million wind power project in southern Alberta.

Much about the process of buying machine tools has changed over the last decade. And much hasn’t.

A new bill before the legislature would allow municipalities to extend new commercial property tax exemptions to manufacturing, processing and other industrial sites to help towns attract and retain businesses.

Tooling U-SME, a unit of SME, released a new report on “Balancing Operations and Training: Small Steps Create Big Wins.”

Multi-tasking machines, ceramic inserts, additive manufacturing and automation help produce a large mix of energy industry parts

“As infrastructures for energy and utility companies undergo digital transformation, they are increasingly vulnerable to cybercriminals.

Industrial operations in the Heartland region, which includes five municipalities in the Edmonton area, will have attracted more than $40 billion in investments and contributed approximately $2 billion in local spending between 2017 to 2020, according to a new report from accounting firm Ernst & Young LLP.

CALGARY — Economists at TD Bank say they are looking at upgrading their Alberta growth expectations for 2019 as signs point to a more robust than expected recovery from the effects of extreme heavy oil price weakness in late 2018.

The federal government is investing nearly half a million dollars in an Edmonton-based machine and welding shop to purchase a large-scale 3D printer.