Category Archives: Business
Ottawa, Ontario investing over $500M to mass produce electric vehicles
OAKVILLE, Ont. - The federal and Ontario governments are each chipping in more than $250 million to mass produce electric vehicles - and the batteries that power them - at Ford Motor Co.'s plant in Oa...
Oct 08, 2020
Alberta economy will need years to recover: ATB Financial
ATB Financial's newest Alberta Economic Outlook shows the province's real GDP will grow by approximately 3.3 per cent in 2021 but it will take some time before the economy catches up to where it was b...
Oct 08, 2020
One-third of workers more burned out than a year ago: Survey
The Robert Half staffing firm says one-third (33%)of Canadian workers who responded to a recent online survey said they are more burned out on the job today compared to a year ago. Of those respondent...
Oct 08, 2020
Alberta wants to clear the way for development of 'untapped' geothermal energy
CALGARY - Alberta's energy minister says the province intends to clear hurdles to the development of clean geothermal energy.Sonya Savage said the United Conservative government plans to bring in legi...
Oct 07, 2020
Things will get worse for Alberta’s economy before they get better: Survey
A new survey conducted by the Business Council of Alberta "suggests that Alberta CEOs feel we are not out of the woods yet in terms of our economy and employment."The Business Expectations Survey incl...
Oct 07, 2020
Province reveals Natural Gas Vision and Strategy
Alberta Premier Jason Kenney says the province's newest plan to help the energy sector rebound will meet growing global demands for clean and sustainable energy by building on Alberta's success in nat...
Oct 06, 2020
Record-breaking lumber prices boost Alberta’s forest sector
A spike in product demand has helped lead to record prices for Alberta's forest industry.Provincial officials say Alberta is now seeing record-breaking solid wood prices at $1,288 per thousand board f...
Oct 06, 2020
BURNCO sells landscape centres across Western Canada
CALGARY, AB - BURNCO has sold its 12 landscape centres in western Canada.The Calgary-based company, which operates as BURNCO Rock Products Ltd., completed its sale of its wholly owned subsidiary BURNC...
Oct 06, 2020
Suncor to cut nearly 2,000 jobs amid low oil prices
CALGARY - Oil and gas giant Suncor Energy Ltd. says it will eliminate as many as 1,930 jobs over the next 18 months as a result of cost-cutting to deal with low oil prices and market volatility.Spokes...
Oct 02, 2020
MARKET WATCH: Oct. 2
Big Picture U.S. Markets Decline in September But Register Strong Quarterly Gains; TSX Down for Q3 N.A. Stocks rallied to close sharply higher on Monday as investors went bargain shopping among sector...
Oct 02, 2020