The Journal was founded in 1903 by three local businessmen — John Macpherson, Arthur Moore and J.W. Cunningham — as a rival to Alberta's first newspaper, the 23-year-old Edmonton Bulletin. Within a week, the Journal took over another newspaper, The Edmonton Post, and established an editorial policy supporting the Conservative party against the Bulletin's pro-Liberal stance. In 1912, the Journal was sold to the Southam family. It remained under Southam ownership until 1996, when it was acquired by Hollinger International.

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