RCMP in Parkland County were called about a break and enter and potential "extortion with a firearm" at a home in the county on Monday.
Mounties arrived and helped get the woman who lived there out to safety.
Two men were then found inside – along with a loaded 9 mm handgun.
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Police said one of them was attacked by a large dog during the break-in suffering "significant injury" and was taken to hospital for treatment.
A 41-year-old man and 40-year-old man both from Edmonton are facing numerous charges.
