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Alberta

Join us as we welcome the Class of 2020

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Join us as we welcome the Class of 2020.

We are excited to announce that tickets for the Alberta Sports Hall of Fame 2020 Induction Banquet are now on sale.

Come join us on Friday, May 29, 2020, at the Cambridge Red Deer Hotel and Conference Centre as we celebrate Alberta’s great athletes, sport builders, pioneers, and media personnel with hundreds of people from across the province, the west, and the country.

Cocktails will start at 5:00 p.m., with the dinner and program starting at 6:00 p.m.

Tickets are:

  • $85 for Honoured Members;
  • $125 for Guests of Honoured Members;
  • $150 for General Admission; and,
  • $1,200 for a Table of Eight

Tickets can be purchased by calling (403) 341-8614, by visiting https://www.albertasportshall.ca/2020-induction-banquet and filling out a registration form, or by visiting the event page on Eventbrite: https://www.eventbrite.ca/e/alberta-sports-hall-of-fame-induction-banquet-tickets-94867738961?aff=ebdssbeac.

The newest athletes joining the Hall of Fame are:

  • Deidra Dionne (Athlete, Freestyle Skiing): Bronze medalist in women’s aerials at the 2002 Salt Lake City Winter Olympics.
  • Chris Phillips (Athlete, Hockey): A stay-at-home defenceman and the longest-serving player in Ottawa Senators franchise history.
  • Kelly Sutherland (Athlete, Chuckwagon Racing): Twelve-time Calgary Stampede Rangeland Derby Championships, and seven Calgary Stampede Aggregate titles.
  • Michael Robertson (Athlete, Snowboardcross): Silver medalist at the 2010 Vancouver Winter Olympics.

This year’s builders include:

  • Jan Ullmark (Builder, Figure Skating): Jan is an elite coach whose skills have made an indelible mark on the sport of figure skating in Canada.
  • Terry Morris (Builder, Curling): Terry has been active in the promotion and development of the sport of curling in Alberta and across the nation for the better part of four decades.
  • Ken Babey (Builder, Hockey): In his nearly three decades behind the bench of the Southern Alberta Institute of Technology (SAIT) Trojans men’s hockey team, Ken Babey guided the team to unparalleled success.
  • Derek Douglas (Builder, Soccer): One of the first soccer referees from Alberta to attain the position of FIFA International Referee in 1986, Derek has also been instrumental in growing the game in  Sherwood Park, Edmonton and throughout the province.

This year’s Alberta Sports Hall of Fame Award winners are:

  • Nancy Southern & Ian Allison (Bell Memorial Award): As the team who pioneered equestrian sports broadcasting in Alberta, they are the first duo to be awarded the Bell Memorial Award.
  • John Currie (Achievement Award): As president of the 1983 Western Canada Summer Games, John led the development and funding of the game’s flagship facility – the Repsol Sport Centre.
  • Stan Wakelyn (Pioneer Award, Soccer): In 1922, Calgary Hillhurst FC won the Dominion of Canada Football Championship, with Stan, a centre forward, as team captain.
  • Dennis Kadatz (Legacy Award): At 22, Dennis guided the Edmonton Huskies Junior Football Team to three consecutive Canadian Championships in 1962 and 1963. In 1964, Dennis became head coach of the University of Calgary’s fledgeling football program.

Read more here.

Deirdra Dionne one of 14 to be inducted to Alberta Sports Hall of Fame

The Alberta Sports Hall of Fame provides a family-friendly, interactive experience. You will be surprised by what you discover inside! Have fun, laugh, play and discover Alberta sports heroes together. The Alberta Sports Hall of Fame is an interactive, hands-on celebration of Alberta's sporting history. Our over 7,000 square feet of exhibit space includes a multisport area with virtual baseball, basketball, football, hockey, and soccer; an adaptive sports area, including a 200 meter wheelchair challenge; a Treadwall climbing wall; the Orest Korbutt Theatre; the Hall of Fame Gallery; an art gallery displaying works by provincial artists, and much more. Our venue boasts a collection of over 17,000 artefacts of Alberta sports history and showcases many of these items in a number of displays. The Alberta Sports Hall of Fame also offers an education program, group activities, and a unique environment to rent for your birthday party, special event, corporate reception or meetings.

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Alberta

CWB reports Q4 profit down from year ago, still beats expectations

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EDMONTON — CWB Financial Group reported its fourth-quarter profit edged down from a year ago, but the bank still beat expectations.

The bank says it earned net income available to common shareholders of $63.4 million or 73 cents per diluted share for the quarter ended Oct. 31, down from $67.5 million or 77 cents per diluted share a year ago.

Revenue totalled $236.6 million, up from $220.9 million in the same quarter last year.

Total provisions for credit losses were $19.6 million, up from $13.3 million in the same quarter last year, but down from $24.4 million in the third quarter.

On an adjusted basis, CWB says it earned 75 cents per share for the quarter, down from an adjusted profit of 78 cents per share a year ago.

Analysts on average had expected an adjusted profit of 74 cents per share, according to financial data firm Refinitiv.

This report by The Canadian Press was first published Dec. 4, 2020.

Companies in this story: (TSX:CWB)

The Canadian Press

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Alberta

Hydrogen’s future remains murky despite home heating projects in Alberta and Ontario

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CALGARY — It seems like a no-brainer to use clean-burning hydrogen to offset the environmental negatives of natural gas for warming homes, but pilot projects to do just that starting next year illustrate nothing is simple about this trendy new energy source.

As companies consider ways to commercialize hydrogen as a cleaner alternative fuel and projects advance in Fort Saskatchewan, Alta., and Markham, Ont., most observers concede it will take time and government support to overcome its cost competitiveness issues and lack of infrastructure.

“All hydrogen is not created equal,” says Tahra Jutt, director of the clean economy program for B.C. with environmental think tank The Pembina Institute and co-author of a hydrogen primer published in July.

“If you blend the lowest carbon hydrogen, you’re going to get a much better outcome in terms of climate benefit.”

Hydrogen has many advantages as an energy source. When it burns it leaves only water behind — no carbon dioxide or other greenhouse gases. It can be used for high-energy-intensity applications such as trucking, shipping and steelmaking. It can be compressed for energy storage and transportation. It’s non-toxic and dissipates quickly when released.

But there are disadvantages, too. Its low ignition temperature and nearly invisible flame when burning pose potential safety issues. Concentrated hydrogen can damage metal, requiring enhanced protection for pipelines. 

The act of creating hydrogen requires energy, whether to tear apart water molecules with the electrolysis method or breaking down natural gas molecules through thermal processes which themselves create greenhouse gases.

“The economics in our view for blue and green (hydrogen) are challenged right now but support will increase, costs are bound to come down, so (it’s) another good opportunity for us to capitalize on our infrastructure,” said Al Monaco, CEO of pipeline company Enbridge Inc., on a recent conference call, echoing the cautious stance taken by many industry leaders.

Almost all of the hydrogen created in Canada today is considered “grey,” created by burning fossil fuel and then used in industrial processes such as refining petroleum or producing fertilizer. Pembina estimates it costs between 91 cents and $1.42 per kilogram to make.

If the carbon dioxide and other pollutants from making grey hydrogen are captured and stored, it becomes “blue” hydrogen, but the cost jumps to between $1.34 and $1.85 per kilogram.

“Green” hydrogen is separated from water using only renewable electricity and, while it is the most environmentally benign, it is also the most expensive at between $3 and $5 per kilogram, according to Pembina.

Utility subsidiaries of Enbridge and Atco Ltd. are embarking on plans to inject hydrogen into the natural gas stream leading to home furnaces and water heaters in Markham and Fort Saskatchewan. 

Electricity can’t be stored as is, but at Enbridge’s power-to-gas facility in Markham it is used to create hydrogen from water that can be stored until eventually being turned back into electricity with Enbridge’s 2.5-megawatt hydrogen fuel cell when needed.

Markham’s hydrogen is considered green because it is made with intermittent renewable electricity. The facility opened in 2018 after investments of $4.5 million by an Enbridge partnership and $4 million by the federal government. Its operation is supported by a three-year contract from Ontario’s electric system operator to supply surplus renewable power.

The system works to level out energy availability but when more hydrogen is created than can be stored, it has to be vented, says Cynthia Hansen, president of gas distribution and storage for Enbridge.

A partial solution is to blend the surplus at about two per cent into the local natural gas stream to reduce its overall GHG emissions, a $5.2-million project (with $221,000 from the federal government) expected to begin for about 3,600 customers starting next summer.

Atco, meanwhile, is building a $6-million hydrogen blending project backed by $2.8 million in Alberta provincial grants and expected to be operational in early 2022. 

It is to deliver about five per cent hydrogen in the gas stream to about 5,000 homes in Fort Saskatchewan, a small city just northeast of Edmonton, with the hydrogen coming from an unnamed local supplier.

“When it starts up it will be grey and then it will transition to blue as the supply in the area builds out,” said Jason Sharpe, Atco’s general manager of natural gas, estimating it will take two to three years for blue hydrogen to become available.

The Fort Saskatchewan area, with its refineries and petrochemical facilities, is ground zero for carbon capture and storage in Alberta.

Shell Canada’s Quest project, opened in 2015, has injected more than five million tonnes of carbon dioxide into underground storage from its oilsands upgrader.

The recently completed Alberta Carbon Trunk Line is a pipeline system designed to collect CO2 from industrial sites in the region and take it to mature oilfields where its permanent storage also results in enhanced oil recovery.

The global market for hydrogen could easily triple from current levels of about $200 billion per year by 2050 as countries adopt its use as a decarbonization strategy, according to GLJ, a prominent Calgary energy resource consulting firm.

Canada is well-positioned to become an exporter into this growing market because of its current and potential production, GLJ said.

Pembina’s Jutt, however, says hydrogen usage should be targeted. While it may make sense to use it for home heating in some regions, that application doesn’t necessarily make sense in B.C., where energy from renewable hydroelectric sources is potentially more environmentally friendly.

Much is riding on promised federal and provincial government regulatory, strategic and financial commitments to hydrogen, as well as other alternative fuels that can help Canada meet its goal of net-zero GHG emissions by 2050, she added.

“Businesses will do what’s right for them from an economic perspective but I think everyone’s looking to government for signals that it’s good to invest in these things — hydrogen being one of many fuels that we’ll need to reach our 2050 goals.”

This report by The Canadian Press was first published Dec. 4, 2020.

Companies in this story: (TSX:ENB, TSX:ACO)

Dan Healing, The Canadian Press

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december, 2020

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