Red Deer RCMP say they received a tip that a man was selling stolen metals in an industrial area in the city.
The man was also wanted on a Canada-wide warrant for violating parole.
Police say when they arrived, a man threatened to kill them, then tried to drive away but crashed into a police car.
The two injured officers were treated at the scene.
Richard Allan Parkhurst of Red Deer, who is 48, is facing several charges.