Category Archives: Business
MARKET WATCH: September 6
Big Picture Bank of Canada Holds Steady; Markets Rally Over Hopes of Trade Truce The Bank of Canada (BoC) kept its key interest rate unchanged at 1.75% Wednesday but indicated the U.S.-China trade war...
Sep 06, 2019
Red Deer area August unemployment rate dips slightly
RED DEER- The Red Deer area unemployment rate took a slight drop in August.It went from 7.4% in July to 7.3% last month.The Alberta unemployment rate rose from 7.0% to 7.2%.Nationally, there was a boo...
Sep 06, 2019
Free seminars for new Alberta tourism entrepreneurs
EDMONTON- The Tourism Entrepreneurship Startup Seminar is a free workshop for entrepreneurs who want to build a tourism business or are new to the industry and want to strengthen their skills.The semi...
Sep 05, 2019
Federal court allows six of 12 Trans Mountain appeals
VANCOUVER - The Federal Court of Appeal says six of 12 proposed legal challenges to the Trans Mountain pipeline project can proceed.The federal government approved the plan to triple the capacity of a...
Sep 04, 2019 Pipeline pipes are seen at a Trans Mountain facility near Hope, B.C., on August 22, 2019. (THE CANADIAN PRESS/Jonathan Hayward)
Feds invest $2.2M in EQUS smart grid project
The federal government recently announced it is investing $2.2 million investment in a smart grid energy project led by Innisfail-based EQUS.In a release, the government says this project will create ...
Sep 04, 2019
Albertans urged to report fraudulent or suspicious phone calls demanding payment
Direct Energy is reminding customers to remain vigilant against fraudulent phone calls demanding immediate cash payments to avoid service disconnection. Disconnection remains the method of absolute la...
Sep 04, 2019
Foreign share of production in Alberta’s oilsands falls from 33% to 16%, analysis shows
When it comes to talking about how the northern Alberta oilsands have lost their lustre for foreign investors, Satoshi Abe sounds a lot like his Canadian counterparts."I think Canada itself creates si...
Sep 03, 2019 (The Canadian Press)
Chinese companies commit to Alberta oilsands despite setbacks
While some European and U.S. companies cut their exposure to the Canadian oilsands, China's Big Three oil giants - CNOOC, PetroChina and Sinopec - seem content to let their bets ride even if the resul...
Sep 03, 2019 (The Canadian Press)
Foreign share of oilsands production falls from 33% to 16%
CALGARY- The foreign stake in the Alberta oilsands has been thinned over the past four years but not totally eliminated.Oilsands output attributable to non-Canadian companies rose from about 320,000 b...
Sep 03, 2019
MARKET WATCH: August 30
Big Picture Up-and-Down Week for North American Markets The U.S.-China trade war and global recession fears continue to hold sway over markets this week as investors try to parse conflicting signals i...
Aug 30, 2019