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Albertans dealing with high oil prices and Canada being in a technical recession

June 3, 2026 12:20 pm MST.
Jean David Tremblay-Frenette, chief economist with Alberta Investment Management Corporation sat down with Edward Djan to discuss high oil prices in Alberta and Canada being in a technical recession.

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CityNews Calgary - 24/7 Livestream

The latest updates and breaking news, now available around the clock. Check back in with us at any time to find out what's happening, and always be the first to know. CityNews, Everywhere.

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PM Carney joins G7 summit in France, 'welcomes' U.S.-Iran peace deal

Ahead of arriving for the summit in Evian-les-Bains, France, Prime Minister Mark Carney stopped in Geneva, Switzerland, and commented on the U.S.-Iran deal. He said he welcomes the agreement but that the G7 meeting needs to address protection for key industries that were affected by the conflict. Glen McGregor has the latest.

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When will gas prices drop with tentative Iran peace deal in place?

The U.S. and Iran have reached a tentative deal to end the war and reopen the Strait or Hormuz. Senior Business Analyst Mike Eppel looks at how rapidly oil prices are falling, and when drivers might start seeing savings at the pumps.

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Fear and anxiety within Alberta’s disability community

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Thousands attend Calgary Stampede’s Inaugural First Nations Rodeo & Relay

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Live Streaming 24/7

Live now
CityNews Calgary - 24/7 Livestream

The latest updates and breaking news, now available around the clock. Check back in with us at any time to find out what's happening, and always be the first to know. CityNews, Everywhere.

Latest Videos

4:33
PM Carney joins G7 summit in France, 'welcomes' U.S.-Iran peace deal

Ahead of arriving for the summit in Evian-les-Bains, France, Prime Minister Mark Carney stopped in Geneva, Switzerland, and commented on the U.S.-Iran deal. He said he welcomes the agreement but that the G7 meeting needs to address protection for key industries that were affected by the conflict. Glen McGregor has the latest.

15m ago

4:56
When will gas prices drop with tentative Iran peace deal in place?

The U.S. and Iran have reached a tentative deal to end the war and reopen the Strait or Hormuz. Senior Business Analyst Mike Eppel looks at how rapidly oil prices are falling, and when drivers might start seeing savings at the pumps.

3h ago

2:29
Fear and anxiety within Alberta’s disability community

As the province’s new Alberta Disability Assistance Program comes into effect in July, many in the disability community are anxious and worried about the uncertainty ahead. Amar Shah reports.

19h ago

2:03
Thousands attend Calgary Stampede’s Inaugural First Nations Rodeo & Relay

Saturday Evening Calgary Stampede hosted its inaugural First Nations Rodeo & Relay, with a field of all indigenous competitors. Some of the night’s winners tell Joel Mendelson that competing at this iconic venue is a dream come true.

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Trending Today

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Fear and anxiety within Alberta’s disability community

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June 13, 2026 3:08 pm MST MST

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Calgary’s search for successor to CAO David Duckworth

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