Alberta wildfires trigger restrictions, evacuations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 09 2024
0mins
Source: reuters
- Wildfires in Alberta: Wildfires in Alberta triggered evacuations and fire restrictions in two forest areas due to extreme wildfire danger.
- Evacuation Order: Immediate evacuation order issued for the IR#3 Kahntah Reserve by Fort Nelson First Nation in British Columbia.
- Fire Restrictions: Fire restrictions implemented in the High Level Forest Area and entire Fort McMurray forest area, limiting campfire and bonfire lighting.
- Current Situation: 34 wildfires burning in the High Level forest area, with 10 out of control, and one out-of-control fire in the Fort McMurray forest area.
- Industry Impact: Suncor, Canada's second-largest oil company, curtailed production and evacuated workers from its Firebag site due to wildfires.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
