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TransAlta Corporation (formerly Calgary Power Company, Ltd. ) is an electricity power generator and wholesale marketing company headquartered in Calgary , Alberta , Canada. It is a privately owned corporation and its shares are traded publicly. It operates 76 power plants in Canada , the United States , and Australia . TransAlta operates wind , hydro , natural gas , and coal power generation facilities. The company has been recognized for its leadership in sustainability by the Dow Jones Sustainability North America Index, the FTSE4Good Index, and the Jantzi Social Index. TransAlta is Canada's largest investor-owned renewable energy provider.

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86-480: TransAlta operated Canada's largest surface strip coal mine from 1970 until 2021 through its subsidiary company Sunhills Mining. The 12,600-hectare mine produced 13 million tonnes of thermal grade coal a year. The company announced that it would be decommission the Highvale mine by 2021. On November 2, 2023, it was announced that TransAlta bought Heartland Generation (the third largest electricity generation company at

172-413: A tradable security ." Agreements, often written, among a group of traders to delegate authority to a single manager to trade in a specific stock for a work period of time and then to share in the resulting profits or losses. In Australia section 1041B prohibits pooling. When an advisor enters into a trade for the sole purpose of earning commission. For example buying and selling the same stock either on

258-836: A $ 120-million building for the National Institute for Nanotechnology (NINT) was opened on campus. NINT occupies five floors of the new building, with the top two floors being reserved by the university for nanotechnology -related research. Some staff members have been jointly recruited by the NRC and the University of Alberta. The University of Alberta is home to the Canadian Circumpolar Institute, which supports research into social and environmental issues including climate change, cultural identity and natural resource development. In 2011, researchers at

344-740: A $ 44-million reduction for the U of A and an additional freeze of $ 35 million allocated for infrastructure. In early 2020, amid the COVID-19 pandemic in Canada , the United Conservative Party announced an additional $ 110-million cut to funding for the U of A. While outgoing University President David Turpin announced that the cuts would necessitate 400 job losses by March 31 and more than 600 additional positions would need to be eliminated in 2020–2021, incoming University President Bill Flanagan began campus discussions about how to manage

430-449: A 10 MW run-of-river hydroelectric plant discharging into Arrow Lakes . It is located 25 km SE of Revelstoke, B.C. The plant produces approximately 37 GWh of electricity annually. Pingston Creek has a 12 meter high sheetpile rock-fill dam which diverts water to the western shore of Arrow Lakes . It was built by Canadian Hydro Developers and Brascan Power and began operation as Pingston Power Inc. in 2003. A 4 km tunnel achieves

516-475: A 7.2 per cent cut to the university's base operating grant. The university is covering its resulting shortfall by reducing total spending in 2013 by $ 28 million, then cutting an additional $ 56 million to balance its budget by the spring of 2015. The 2015 Alberta Budget released in October 2015 restored a 1.4 per cent cut to the U of A's operational funding, and provided for an additional two per cent increase in

602-402: A bicameral system consisting of a senate (faculty) responsible for academic policy, and a board of governors (citizens) controlling financial policy and having formal authority in all other matters. The president, appointed by the board, was to provide a link between the two bodies and perform institutional leadership. Heated wrangling took place between the cities of Calgary and Edmonton over

688-476: A competitive response from the associated Power Purchase Agreement (PPA) buyers and manipulated market prices away from a competitive market outcome. On Sept. 30, 2015, TransAlta and the province's MSA reached an agreement to settle all outstanding proceedings before the AUC. The settlement, which is in the form of a consent order, was approved by the AUC on Oct. 29, 2015. Under the terms of the agreement, TransAlta paid

774-709: A hot-water extraction process to separate bitumen from oilsands. Geology professor Charlie Stelck's idea to search for oil and gas deposits near ancient coral reefs led to the discovery of oil in Leduc, Alberta, in 1947 and in the Pembina Oil Field in 1953. Today, more than 1,000 researchers at the University of Alberta are working together on oilsands issues and their environmental effects, including carbon capture and storage , tailings-pond reclamation and water preservation. University of Alberta's SLOWPOKE-2 non-power (reactor power 20 kW thermal) reactor operating licence

860-416: A huge drop of 557 meters to three 15 MW Pelton wheels to generate about 200 GWh annually. The project is 53 km south of Revelstoke, BC . Net Capacity Owned by Fuel Type (in operation and in development 2021) Net Capacity Owned by Geography (in operation and development) Market manipulation In economics and finance , market manipulation is a type of market abuse where there

946-539: A private corporation unpopular among rural customers and some Calgary residents, and a move to nationalize it was converted to a province-wide referendum in 1948, which came down very narrowly on the side of maintaining its private ownership. In 1981, the company changed its name to its current name of TransAlta Corporation. At the end of 2010, TransAlta became the first company to own and operate more than 1,000 MW of installed wind capacity in Canada—almost 30 per cent of

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1032-455: A total amount of (CDN) $ 56 million, including approximately $ 27 million as a repayment of economic benefit, approximately $ 4 million to cover the MSA's legal and related costs, and a $ 25 million administrative penalty. As part of the settlement agreement, TransAlta agreed to discontinue its court appeal of the AUC's decision concerning the four outage events.TransAlta's legal appeal came as a result of

1118-763: A tremendous boost with the opening of the Rutherford Library in May 1951. As of 2012 , according to the Association of Research Libraries , the library system is rated 11th in North America and is the second-largest, by number of volumes held, among all Canadian universities, after the University of Toronto Library. With over 10.6 million items combined with online access to more than one million electronic books and more than 1,500 electronic databases,

1204-604: A type of sorority, called Seven Independent Spinsters, or S.I.S., with the intention of supporting the women's social and academic needs. In 1909, the group changed its name to the Wuaneita Club, and then to the Wuaneita Society in 1910. All female students at the university were initiated into the Society every fall. The group heavily appropriated from Cree culture: the name Wuaneita is a rough equivalent to

1290-551: A typical undergraduate arts student, although they vary widely by program. The University of Alberta switched from a 9-point grading scale to the more common 4-point grading scale in September 2003. Seventy-two Rhodes Scholars have come from the University of Alberta. The University of Alberta also holds 2,599 Academic All-Canadians, the most of any University in Canada. The university has 18 faculties : The university has two affiliated colleges: The University of Alberta made

1376-615: A veteran of the Division. After media attention to Hunka in 2023, the university returned the $ 30,000 endowment named for him and the Governor General of Canada apologised for Savaryn being appointed to the Order of Canada in 1987, leading to pressure for the other honours to be returned too. The University of Alberta has ranked in several post-secondary rankings . In the 2023 Academic Ranking of World Universities rankings,

1462-512: Is 1.6 km long, dropping 120 meters to the powerhouse containing two 12.5 MW Pelton wheel generators. Bone Creek a hydroelectric plant constructed in 2011, has a 5 km penstock dropping 148 meters to a powerhouse with two 9.6MW Francis turbines. It is located 90 km south of Valemount, BC and operated by Valisa Energy Inc. Approximately 72 GWh of power annually is sold to BC Hydro. Akolkolex , built by Canadian Hydro Developers and operational since 1995, uses two Francis turbines in

1548-566: Is a deliberate attempt to interfere with the free and fair operation of the market ; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product , security or commodity . Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934 , in

1634-470: Is a disruptive algorithmic trading entity employed by traders to outpace other market participants and to manipulate commodity markets. Spoofers feign interest in trading futures, stocks and other products in financial markets creating an illusion of exchange pessimism in the futures market when many offers are being cancelled or withdrawn, or false optimism or demand when many offers are being placed in bad faith. Spoofers bid or offer with intent to cancel before

1720-568: Is a leading institution for the study of Ukraine and is home to the Canadian Institute of Ukrainian Studies (CIUS). Peter Savaryn , the University chancellor from 1982 to 1986, helped found the institute. The CIUS received a number of endowments in honour of Ukrainian 14th Waffen Grenadier Division of the SS veterans - Volodymyr Kubijovyc , Roman Kolisnyk , Levko Babij , Edward Brodack and Yaroslav Hunka - and Savaryn himself had been

1806-523: Is a very simple type of fraud where the principals who publish a price or indicator conspire to set it falsely and benefit their own interests. The Libor scandal for example, involved bankers setting the Libor rate to benefit their trader's portfolios or to make certain entities appear more creditworthy than they were. High closing is an attempt to manipulate the price of a security at the end of trading day to ensure that it closes higher than it should. This

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1892-410: Is rare. (see Stock Bashing) Actions designed to artificially raise the market price of listed securities and give the impression of voluminous trading in order to make a quick profit. Filtering out or disregarding false and misleading social media posts that are posted for the sole purpose of artificially inflating a stock price can prevent investor losses. In a wash trade the manipulator takes both

1978-418: Is usually achieved by putting in manipulative trades close to closing. In cornering the market the manipulators buy sufficiently large amount of an asset, often a commodity, so they can control the price creating in effect a monopoly . For example, the brothers Nelson Bunker Hunt and William Herbert Hunt attempted to corner the world silver markets in the late 1970s and early 1980s, at one stage holding

2064-446: Is very distressed on paper , with impossibly high debt, consistently high annual losses but very few assets, making it look as if bankruptcy must be imminent. The stock price gradually falls as people new to the stock short it on the basis of the poor outlook for the company, until the number of shorted shares greatly exceeds the total number of shares that are not held by those aware of the lure and squeeze scheme (henceforward "people in

2150-641: The 2013 Alberta floods , as a temporary partial solution to mitigate flood damage during those months when there is a greater risk of rising water that might cause flooding, the Government of Alberta entered into an agreement with TransAlta to manage water on the Bow River at its Ghost Reservoir facility. This was extended in 2016 with a new five-year agreement that included water management of its Kananaskis Lakes system (which includes Interlakes, Pocaterra and Barrier) for drought mitigation. On March 21, 2014,

2236-688: The Alberta Machine Intelligence Institute , an institute dedicated to machine learning and artificial intelligence . Notable faculty include Osmar R. Zaiane ( data mining ), and Russell Greiner ( health informatics ). The computing science department at University of Alberta is ranked #4 in Canada and averaged #2 across Canada and the United States in Artificial Intelligence, based on a meta ranking from multiple sources. The university

2322-610: The Cree word meaning "kind-hearted"; their initiation ceremonies featured costumes with feathers and headdresses; the society president was called the "Big Chief": and the motto of the group was "payuk uche kukeyow, mena kukeyow uche payuk,” a rough translation into Cree of "all for one, one for all" that is still engraved above the outer doors of Pembina Hall on main campus. For much of the Wuaneita Society's existence, as they were coopting First Nations traditions and ceremonies,

2408-1056: The European Union under Article 12 of the Market Abuse Regulation , in Australia under Section 1041A of the Corporations Act 2001 , and in Israel under Section 54(a) of the securities act of 1968. In the US, market manipulation is also prohibited for wholesale electricity markets under Section 222 of the Federal Power Act and wholesale natural gas markets under Section 4A of the Natural Gas Act . The US Securities Exchange Act defines market manipulation as "transactions which create an artificial price or maintain an artificial price for

2494-470: The Potlatch ban was in effect in Canada. The group wound down in 1973 once the population of female students on campus had outgrown the need for a supportive society. Under Tory's guidance, the early years were marked by recruitment of professors and construction of the first campus buildings. Today, he has a building named after him that houses classes of all types. Among the first professor's Tory hired

2580-468: The University of Alberta in sponsorship agreements for research and academic projects. The incident was highlighted by members of the university's Corporate Mapping Project for exemplifying the deeper issue of undisclosed corporate funding and influence in academic research in Canada. Upper Mamquam , built by Canadian Hydro Developers and operational since 2005, is a run-of-the-river hydroelectric plant 5 km northeast of Squamish, BC . The penstock

2666-583: The impact a university has on academic publications. In 2019, the Performance Ranking of Scientific Papers for World Universities ranked the university 81st in the world, and fourth in Canada, whereas the University Ranking by Academic Performance 2018–19 rankings placed the university 78th in the world, and fourth in Canada. The University of Alberta is the national scientific and administrative headquarters for: Researchers at

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2752-444: The 2015-16 fiscal year. The budget also included a two-year tuition freeze. October also saw the launch of an institutional strategic planning process intended to prompt discussion and gather feedback on the university's strategic priorities, with the goal of assuming a national leadership role in post-secondary education. The 2019 Alberta Budget released in October 2019 reduced grants to the provincial post-secondary sector, including

2838-468: The AUC's determination in its ruling that the “MSA did not prove, on the balance of probabilities, that the company breached applicable legislation on the basis that its compliance policies, practices, and oversight thereof, were inadequate and deficient.” In response to the dispute regarding its understanding of Alberta market rules governing forced outages, TransAlta implemented two independent, third-party reviews of its compliance procedures. The results of

2924-622: The Alberta Market Surveillance Administrator (MSA) filed an application with the Alberta Utilities Commission (AUC) alleging TransAlta manipulated the price of electricity when it took outages at its Alberta coal-fired generating units in late 2010 and early 2011. While TransAlta disputed the MSA's allegations, the AUC ruled TransAlta's actions in relation to four outage events spanning 11 days in 2010 and 2011 restricted or prevented

3010-532: The Alberta government made budgetary cutbacks. However, there was a time in which the university benefited from philanthropic support. The $ 11 million Timms Centre for the Arts, which began construction in 1993, was made possible by a large donation from its namesake, Albert Timms. In 1998, Gladys Young's $ 3.5-million donation to the university undergraduate scholarship fund in memory of Roland Young, who graduated from

3096-712: The Collège Saint-Jean began offering French-language instruction in arts, science and education. In 1984, the School of Native Studies was established. Buildings that had been started in the 1960s, such as Biological Sciences, its biotron facility , and the Central Academic Building, were completed in the early 1970s. Extensive renovations restored the venerable Arts Building, as well as the Athabasca and Pembina halls. New buildings completed in

3182-825: The First World War, and hundreds more were wounded. Despite these setbacks, the university continued to grow. By 1920, it had six faculties (Arts and Sciences, Applied Science, Agriculture, Medicine, Dentistry, and Law) and two schools (Pharmacy and Accountancy). It awarded a range of degrees: Bachelor of Arts (BA), Bachelor of Science (BSc), Bachelor of Science in Agriculture (BSA), Bachelor of Laws (LLB), Bachelor of Pharmacy (PhmB), Bachelor of Divinity (BD), Master of Arts (MA), Master of Science (MSc), and Doctor of Laws (LLD). There were 851 male students and 251 female students, and 171 academic staff, including 14 women. The Breton Soil Plots were established at

3268-617: The German-inspired American model of specialized course work and the completion of a research thesis was introduced. In 1929, the university established a College of Education. This period of growth was to be short-lived, though, as the Great Depression and the Second World War curtailed enrolment and expansion until 1945. The university also gained new public powers. In 1928, the university's senate

3354-505: The U of A in 1928, was the largest private donation for undergraduate scholarships in the university's history. The early 2000s brought substantial funding increases. High energy prices drove Alberta's energy boom resulting in multibillion-dollar government surpluses and the subsequent creation of a $ 4.5 billion provincial post-secondary educational endowment. In 2005, the university hired Indira Samarasekera as its 12th president, embarking on an ambitious plan to establish itself as one of

3440-1012: The University of Alberta have made discoveries in a number of fields. The Faculty of Arts includes eight Canada Research Chairs in fields as diverse as English and Film Studies, Sociology, Philosophy, Art and Design, and History and Classics. In 2014 the Department of English and Film Studies ranked #22 in the World QS University Rankings by subject. In 2018, the Faculty of Arts launched several Signature Areas of Research and Creative Collaboration: Digital Synergies; Language, Communication and Culture; Mediating Science and Technology; Shifting Praxis in Artistic Research/Research-Creation; and Stories of Change. The Faculty houses several research centres and institutes, including: In June 2006,

3526-441: The University of Alberta linked the reproductive ecology of polar bears in Canada's Hudson Bay with decreasing litter sizes and loss of sea ice . Cattle researcher Roy Berg revolutionized the world's beef industry with his innovations in crossbreeding, which led to a 30 to 40 per cent increase in production and contributed to Alberta's world leadership in beef production. In the 1920s, engineering professor Karl Clark developed

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3612-401: The buy and the sell side of a trade, often using a third party as a proxy to trade on behalf of the manipulator, for the purpose of generating activity and increasing the price. This is more involved than churning because the orders are actually fulfilled. In a bear raid there is an attempt to push the price of a stock down by heavy selling or short selling . This works with a company that

3698-458: The company and move quickly to ensure they profit on a classic Pump & Dump scheme to liquidate their ill-gotten shares. (See pump and dump.) A pump and dump scheme is generally part of a more complex grand plan of market manipulation on the targeted security. The perpetrators (usually stock promoters) convince company affiliates and large position non-affiliates to release shares into a free trading status as "Payment" for services for promoting

3784-499: The country's total. TransAlta has gradually been transitioning its energy-generating facilities away from coal, due to adverse environmental effects, towards natural gas. Its last remaining operational coal mine, in Highvale, AB, will cease mining operations on December 31, 2021, and transition to mine reclamation in the years to follow. As of November 2023, TransAlta's corporate officers/senior managers are: As of November 2023, TransAlta's board of directors consisted of: Since

3870-704: The cuts, including reducing the number of faculties and departments, and streamlining administration staffing. The U of A has about 39,300 students, including 7,700 graduate students and 7,800 international students representing 151 countries. The university has 3,620 academic staff along with 15,380 support and trust staff. University professors have won more 3M Teaching Fellowships (Canada's top award for undergraduate teaching excellence) than any other Canadian university, 41 awards since 1986. The university offers post-secondary education in about 388 undergraduate and 500 graduate programs. Tuition and fees for both fall and winter semesters are slightly more than $ 5,000 for

3956-604: The decision to academically restructure its faculties in response to a reduction in its provincial operating grant, which would require the university to reduce expenses by $ 120 million in the next three years. Three restructuring models were proposed before the university's Board of Governors approved the academic restructuring plans on December 11, 2020. This restructuring model will be effective as of July 1, 2021. The remaining faculties (Augustana, Campus Saint-Jean, and Faculty of Native Studies) will remain as stand-alone faculties. The University of Alberta library system received

4042-476: The duped investors who are left holding a stock whose price subsequently falls. When a group of traders create activity or rumours in order to drive the price of a security up. An example is the Guinness share-trading fraud of the 1980s. In the US, this activity is usually referred to as painting the tape . Runs may also occur when traders are attempting to drive the price of a certain share down, although this

4128-607: The early 1980s included the Business Building and the first phase of the Walter C. Mackenzie Health Sciences Centre. Another new building, the distinctive Universiade Pavilion (nicknamed the "Butterdome"), was completed as part of the university's preparations to host the World University Games in 1983, the first time the event was held in North America. The 1990s were a time of financial constraint as

4214-845: The employment prospects of its graduates. In the Times Higher Education's 2022 global employability ranking, the university ranked 172nd in the world, and sixth in Canada. In QS's 2022 graduate employability ranking, the university ranked 99th in the world, and fifth in Canada. The university has five distributed campuses including, in addition to the North Campus, two auxiliary satellites: Campus Saint-Jean in southeast Edmonton, and Augustana Campus in Camrose , 90 kilometres southeast of Edmonton. An extensively renovated and refurbished historic Hudson's Bay department store in downtown Edmonton, renamed Enterprise Square, serves as

4300-500: The faculties of physical education and education, and the Cameron Library. The University of Alberta Press , concentrating on western Canadian history, general science and ecology, was founded in 1969. The policy of university education initiated in the 1960s responded to population pressure and the belief that higher education was a key to social justice and economic productivity for individuals and for society. In addition,

4386-533: The faculty of agriculture from 1929 – present to provide agricultural research on fertilization, usage, crop rotations and farming practices on Gray-Luvisolic soils (Gray-Wooded), which cover many regions in western Canada. The University of Alberta spearheaded an extraordinary rate of volunteerism in the Province of Alberta to the First World War , especially from its medical faculty. Experience gained

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4472-563: The first time with electrical lamps because of Calgary Power. Calgary Power's cheap energy is credited with Canadian Pacific Railway 's decision to locate its regional engine repair shop in Ogden, Calgary , spurring the city's economic development. Notable leaders from the company's early years included W. Max Aitken (later known as Lord Beaverbrook) and R.B. Bennett , who went on to become Canada's Prime Minister from 1930 to 1935. The company's monopoly position and behaviour made its status as

4558-402: The health impacts of coal-fired plants near Edmonton. The study concluded that 'the high number of coal-fired power plants near the city of Edmonton doesn't negatively impact the health of local residents,' and was used by TransAlta as 'scientific backing' to push for an alternative to Alberta's then-plan to phase out coal by 2030. Between 2013 and 2015, TransAlta provided an additional $ 175,000 to

4644-436: The know"). In the meantime, people in the know increasingly purchase the stock as it drops to lower and lower prices. When the short interest has reached a maximum, the company announces it has made a deal with its creditors to settle its loans in exchange for shares of stock (or some similar kind of arrangement that leverages the stock price to benefit the company), knowing that those who have short positions will be squeezed as

4730-562: The library system ranks first in Canada in terms of the number of volumes per student. The library system comprises the following specialty libraries: The university is home to an American Library Association -accredited School of Library and Information Studies , which offers a Master of Library and Information Studies (MLIS) program. The school was housed in Rutherford South , the original four-storey brick, marble and oak main campus library, which opened in 1951. As of 2018,

4816-527: The location of the provincial capital and of the university. It was stated that the capital would be north of the North Saskatchewan River and that the university would be in a city south of it. The city of Edmonton became the capital and the then-separate city of Strathcona on the south bank of the river, where Premier Alexander Rutherford lived, was granted the university. When the two cities were amalgamated in 1912, Edmonton became both

4902-485: The lower the bid or ask price is; thus the lower these Bashers can drive a stock price down by trying to convince shareholders they have bought a worthless security, the more shares the Investor Relations firm receives as compensation. Immediately after the stock conversion is complete and shares are issued to the Investor Relations firm, consultant, attorney or similar party, the basher/s then become friends of

4988-450: The market, thereby gaining an advantage over slower market participants. Cross-market manipulation occurs when a trader trades in one market for the purpose of manipulating the price of an asset in another market, capitalizing off the price-moving effects thus generated, instead of with the bona fide intent of profiting off the trade itself. A type of manipulation possible when financial instruments are settled based on benchmarks set by

5074-485: The men of C Company stayed in Assiniboia Hall until June of that same year. Between 1914-1918, the number of students and staff serving overseas (in a number of different units) was greater than the number of students registered in each academic year. Roughly half of the university's staff and students were serving overseas by 1916. 82 staff and students from the University of Alberta died during their service in

5160-413: The orders are filled. The flurry of activity around the buy or sell orders is intended to attract other high-frequency traders (HFT) to induce a particular market reaction such as manipulating the market price of a security. Spoofing can be a factor in the rise and fall of the price of shares and can be very profitable to the spoofer who can time buying and selling based on this manipulation. Price-fixing

5246-644: The political and academic capital. With Henry Marshall Tory as its first president, the University of Alberta started operation in 1908. Forty-five students attended classes in English, mathematics and modern languages, on the top floor of the Queen Alexandra Elementary School in Strathcona, while the first campus building, Athabasca Hall, was under construction. In a letter to Alexander Cameron Rutherford in early 1906, while he

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5332-496: The price of the stock sky-rockets. Near its peak price, people in the know start to sell, and the price gradually falls back down again for the cycle to repeat. Quote stuffing is made possible by high-frequency trading programs that can execute market actions with incredible speed. However, high-frequency trading in and of itself is not illegal. The tactic involves using specialized, high-bandwidth hardware to quickly enter and withdraw large quantities of orders in an attempt to flood

5418-464: The purchase of commodities on margin. University of Alberta The University of Alberta (also known as U of A or UAlberta , French : Université de l'Alberta ) is a public research university located in Edmonton , Alberta, Canada. It was founded in 1908 by Alexander Cameron Rutherford , the first premier of Alberta, and Henry Marshall Tory , the university's first president. It

5504-404: The residence for professor Rupert C. Lodge (1913). The University of Alberta awarded its first degrees in 1912, the same year it established the Department of Extension. The Faculty of Medicine was established the following year and the Faculty of Agriculture began in 1915. But along with these early milestones came the First World War and the global influenza pandemic of 1918 , whose toll on

5590-523: The reviews by McCarthy Tétrault and PricewaterhouseCoopers LLP were publicly released, including recommendations for improvement. In 2015 the Alberta Utility Commission ruled that TransAlta manipulated the price of electricity when it took outages at its Alberta coal-fired generating units in late 2010 and early 2011. In 2016, it was revealed that TransAlta gave $ 54,000 to University of Alberta professor Warren Kindzierski to research

5676-520: The rights to more than half of the world's deliverable silver. During the Hunts' accumulation of the precious metal, silver prices rose from $ 11 an ounce in September 1979 to nearly $ 50 an ounce in January 1980. Silver prices ultimately collapsed to below $ 11 an ounce two months later, much of the fall occurring on a single day now known as Silver Thursday , due to changes made to exchange rules regarding

5762-528: The same day or over multiple days with no consideration for the benefit of the client This scheme is usually orchestrated by online message board posters (a.k.a. "Bashers") who make up false or misleading information about the target company in an attempt to get shares for a cheaper price. This activity, in most cases, is conducted by posting libelous posts on multiple public forums. The perpetrators sometimes work directly for unscrupulous Investor Relations firms who have convertible notes that convert for more shares

5848-468: The same year, the university's faculty averaged a sponsored research income of $ 242,100, while its graduate students averaged a sponsored research income of $ 69,400. The university receives nearly $ 500 million each year for research from external sources. The university houses over 400 distinct research laboratories. The university's research performance has been noted in several bibliometric university rankings, which uses citation analysis to evaluates

5934-608: The school has since moved into the Education North building. The university is a member of the U15 universities and the Worldwide Universities Network , an organization of 19 universities on six continents. In 2018, Research Infosource named the University of Alberta the fifth best research university, with a sponsored research income (external sources of funding) of $ 513.313 million in 2017. In

6020-428: The security. Instead of putting out legitimate information about a company the promoter sends out bogus e-mails (the "Pump") to millions of unsophisticated investors (Sometimes called "Retail Investors") in an attempt to drive the price of the stock and volume to higher points. When the stock price and volume has reached a target level the promoter sells their shares (the "Dump") at the now elevated prices, taking money off

6106-505: The single-university policy in the West was changed as existing colleges of the provincial universities gained autonomy as universities. On September 19, 1960, the university opened a new 130-hectare campus in Calgary. By 1966, the University of Calgary had been established as an autonomous institution. From the mid-1970s to the late 1980s, the university enjoyed sustained growth. In 1970,

6192-631: The south rim of the North Saskatchewan River valley , across and west from downtown Edmonton . 39,000 students from Canada and 150 other countries participate in 400 programs in 18 faculties. The university is a major economic driver for Alberta. In 2022, it contributed $ 19.4 billion to Alberta's economy, or over five per cent of that year's gross domestic product. The University of Alberta has produced over 260,000 graduates; awards received by alumni and faculty members include 3 Nobel Prizes and 72 Rhodes Scholarships . The university

6278-567: The time) for $ 658 million. The purchase means that TransAlta now controls 46% of the electricity generation market in Alberta - a development that has been criticized by numerous academics and industry officials as "a catastrophe" and likely to lead to economic withholding . In 1909, TransAlta began the planning and construction of the Horseshoe Falls Hydro Plant in Seebe , Alberta. Two years later, Calgary Power Company, Ltd.

6364-490: The trading of physical commodities, for example in United States Natural Gas Markets. The manipulator takes a large long (short) financial position that will benefit from the benchmark settling at a higher (lower) price, then trades in the physical commodity markets at such a large volume as to influence the benchmark price in the direction that will benefit their financial position. Spoofing

6450-405: The university ranked 91st in the world and fourth in Canada. The 2025 QS World University Rankings ranked the university 96th in the world, and fourth in Canada. The 2024 Times Higher Education World University Rankings ranked the university 109th in the world, and fifth in Canada. In the 2022–23 U.S. News & World Report Best Global University Ranking , the university ranked 136th in

6536-855: The university resulted in a two-month suspension of classes in the fall of 1918. The university organized the recruitment of staff and students for XI Canadian Field Ambulance (Western Universities) in early 1916, and soon afterward it raised 'C' Company of the 196th (Western Universities) Battalion . Both of these units were organized by a committee composed of representatives from the University of British Columbia , University of Alberta, University of Saskatchewan , and University of Manitoba , with each institution encouraging their staff and students to volunteer. The University of Alberta's recruits for XI Canadian Field Ambulance were billeted in Athabasca Hall before departing for Winnipeg in March 1916, while

6622-658: The world's top public research universities. These plans were hampered by the 2008 economic downturn , and by late March 2008, the university's endowment had shrunk by more than $ 100 million, almost 14 per cent of its value. The university predicted a $ 59-million budget shortfall in 2009 before provincial cuts brought that figure to $ 79 million. To close the budgetary gap, the university increased non-instructional fees by $ 290 per year laid off teaching and support staff, and even eliminated phones in some departments (such as English and Film Studies). The 2013 Alberta Budget cut provincial post-secondary grants by $ 147 million, including

6708-503: The world, and fourth in Canada. The Canadian-based Maclean's magazine ranked the University of Alberta 5th in their 2023 Canadian Medical Doctoral university category. The university was ranked despite having opted out — along with several other universities in Canada — of participating in Maclean's graduate survey since 2006. Along with academic and teaching rankings, the university has also been ranked by publications that evaluate

6794-628: Was William Muir Edwards , the second child of women's rights activist Henrietta Edwards . Percy Erskine Nobbs & Frank Darling designed the master plan for the University of Alberta in 1909–10. Nobbs designed the Arts Building (1914–15), laboratories and Power House (1914). With Cecil S. Burgess, Nobbs designed the Provincial College of Medicine (1920–21). Architect Herbert Alton Magoon designed several buildings on campus, including St. Stephen's Methodist College (1910) and

6880-437: Was born. That first dam was built by a crew of about 200 with primitive tools such as picks and wheelbarrows. It initially had a 10 MW capacity (13,500 horsepower ). A second dam was commissioned in 1913 at Kananaskis Falls and was built by close to 500 workers. At the time, streetcars were responsible for a significant share of Calgary's electrical load. Residential power was just being introduced, and many homes were lit for

6966-582: Was chartered in 1906 in Edmonton, Alberta as a single, public provincial university through the University Act , passed during the first session of the then-new Legislative Assembly , with Premier Alexander C. Rutherford as the legislation's sponsor. The university was modelled on the American state university, with an emphasis on extension work and applied research. The governance was modelled on Ontario's University of Toronto Act of 1906, with

7052-632: Was enabled through the Post-secondary Learning Act. The university is considered a "comprehensive academic and research university" (CARU), which means that it offers a range of academic and professional programs that generally lead to undergraduate and graduate level credentials. The university comprises four campuses in Edmonton, an Augustana Campus in Camrose , and a staff centre in downtown Calgary . The original north campus consists of 150 buildings covering 50 city blocks on

7138-552: Was granted the power to oversee and appoint half of the Alberta Eugenics Board , charged with recommending individuals for sterilization. Spurred by postwar growth in the student population and the discovery of oil in Leduc in 1947, the University of Alberta underwent expansion through the 1950s that continued through the 1960s as the baby-boom generation swelled the enrolment ranks. These two decades also saw expansion of campus buildings, including new buildings for

7224-464: Was in the process of setting up McGill University College in Vancouver , Tory wrote, "If you take any steps in the direction of a working University and wish to avoid the mistakes of the past, mistakes which have fearfully handicapped other institutions, you should start on a teaching basis." Of the 45 students in the university's first cohort in 1908, seven were women. These original seven formed

7310-410: Was renewed and was valid from July 1, 2013, until June 30, 2023. However, the University of Alberta applied for, and was issued a Licence to Decommission its SLOWPOKE-2 Nuclear Research Reactor Facility in 2017. The University of Alberta's SLOWPOKE reactor operated from April 22, 1977 until being dismantled on August 5, 2017 and was used for research and education. The University of Alberta hosts

7396-600: Was used by returning veterans to rapidly mature the young Faculty of Medicine . The War Memorial Committee commissioned a War Memorial Pipe Organ to be erected by the Casavant Frères in U of A Convocation Hall in 1925 in memory of 80 University of Alberta comrades who gave up their lives during the Great War. In the early part of the 20th century, professional education expanded beyond the traditional fields of theology, law and medicine. Graduate training based on

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