Tag Archives: Business & Economy
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
Tax reform needs to be centre-piece of COVID-19 economic recovery strategy
Business leaders across the country believe Canada's post-COVID economic recovery will be driven by business and as government considers how best to address this unprecedented challenge, significant t...
Oct 02, 2020
Increasing job mobility could grow Alberta's economy by $2.8-billion: report
LETHBRIDGE, AB - Changing provinces takes a lot of work, but a new study by the C.D. Howe Institute claims that making migration easier could give Alberta's economy a major boost.They say Alberta shou...
Sep 30, 2020
EQUS opens Near Net-Zero corporate office in Innisfail
EQUS is celebrating the opening of its recently constructed Near Net-Zero facility located adjacent to the QEII Highway in Innisfail. The company says the energy efficient office building is powered a...
Sep 30, 2020
Alberta-Alaska rail project granted presidential permit
It's a decision that could open up a new export route to Asia for Alberta's struggling oil sands producers.U.S. President Donald Trump has issued a presidential permit for the Calgary-based Alaska - A...
Sep 30, 2020
TC Energy inks deal for Indigenous ownership stake in Keystone XL pipeline
CALGARY -- Indigenous communities are being given a chance to pursue an ownership interest in the Keystone XL pipeline project, builder TC Energy Corp. announced on Tuesday.The Calgary-based company s...
Sep 29, 2020
Deficit on track to hit $330 billion with COVID effects lasting years, says PBO
OTTAWA - The parliamentary budget office says the federal deficit for the year is on track to hit $328.5 billion as a result of COVID-19. That figure released this morning reflects measures announced ...
Sep 29, 2020
Zoning changes aimed at keeping office-based businesses in Red Deer
Red Deer city council has approved zoning changes aimed at spurring business growth in the city, including the beleaguered downtown area. The changes were put forth by administration with the goal of ...
Sep 28, 2020
Forensic audit reveals key factors in Westerner Park's financial crisis
Inaccurate revenue projections for the Canadian Finals Rodeo and a lack of qualified financial staff are two key findings of a scathing forensic audit into what has led to fiscal difficulties for Red ...
Sep 25, 2020