Category: Business/Finance

  • New MOU to Attract Investment in Value Added Sector

    New MOU to Attract Investment in Value Added Sector

    AIHA signs historic MOU with Chinese fund to help increase foreign investment in Alberta Alberta’s Industrial Heartland – Alberta’s petrochemical sector could see an increase in investment by Chinese companies with the signing of a new Memorandum of Understanding (MOU). Signed recently in Hong Kong, the MOU is between Alberta’s Industrial Heartland Association (AIHA) and…

  • The Trans-Pacific Partnership, a Free Trade Agreement Between the U.S. and 12 Pacific Rim Nations

    The Trans-Pacific Partnership, a Free Trade Agreement Between the U.S. and 12 Pacific Rim Nations

      By Brandon Ward In February 2016, after seven years of negotiation, the Obama administration reached a formal agreement with 12 Asia-Pacific countries known as the Trans-Pacific Partnership (TPP) — a partnership with the stated goal of promoting economic growth. As of late March 2016, the free trade agreement still required ratification from Congress before it could…

  • Albertans Split On How To Spend Tax Refund: ATB Survey

    Albertans Split On How To Spend Tax Refund: ATB Survey

    Edmonton — More than half of Albertans (52 per cent) expect a tax refund this year, according to the latest ATB Investor Beat, which surveyed 1,004 Albertans from January 4-13, 2016. Those in the 18-34 and 35-54 age ranges are more likely to expect refunds, while more Albertans 55 and older expect to send cheques to Ottawa.…

  • TELUS Small Business Challenge

    TELUS Small Business Challenge

    The Small Business Challenge is back for it’s sixth straight year.  The annual contest is an opportunity for Canadian small business owners to showcase their unique business ideas to a nationwide audience and get help overcoming the barriers standing in their way. The Challenge is a partnership between The Globe and Mail and TELUS that…

  • Capital investment in Canada’s oil and gas industry down 62% in 2 years

    Capital investment in Canada’s oil and gas industry down 62% in 2 years

    APRIL 07, 2016 – CALGARY, ALBERTA Capital spending in Canada’s oil and natural gas sector is forecast to decline $50 billion, or 62 per cent, since 2014, the largest two-year decline since the Canadian Association of Petroleum Producers (CAPP) and its predecessor organizations started tracking this data in 1947, according to new data compiled by…

  • Premier Notley speaks to Albertans on CTV, Global on April 7

    Premier Notley speaks to Albertans on CTV, Global on April 7

    Premier Rachel Notley will outline the government’s plan to create jobs and help families through the economic shock created by low oil prices. After travelling around the province meeting Albertans and hearing their views on the province’s budget, the Premier will address the province on local CTV and Global stations this Thursday at 6:45 p.m.…

  • NDP Downloading Housing Costs onto Municipalities: Stier

    NDP Downloading Housing Costs onto Municipalities: Stier

    EDMONTON, AB (April 6, 2016): This week, Wildrose Shadow Municipal Affairs Minister Pat Stier challenged the government to restore the cancelled Grants in Lieu of Taxes Program, which pays for the important municipal and social housing facilities vulnerable Albertans need. The previous government’s budget included cancelling the Grants in Lieu of Taxes Program on social…

  • 10 Medical Expenses that Qualify for a Tax Credit

    10 Medical Expenses that Qualify for a Tax Credit

    Canada’s health care system may fall short, but there are ways to make up some of the difference By Kathleen O’Grady Managing Editor EvidenceNetwork.ca OTTAWA, Ont./ Troy Media/ – As Canadians we like to take pride in our publicly funded healthcare system, but the truth is many of us – especially those with or caring…

  • Housing Prices Trend Down in March

    Housing Prices Trend Down in March

    Unemployment impacting housing activity Click here to view the full monthly stats package. Calgary – Home prices declined further in March as economic conditions weigh on Calgary’s housing market. Calgary’s benchmark price totaled $442,800 in March, a 0.49 per cent decline over February and 3.51 per cent lower than levels recorded last year. “With no improvement in…

  • Wildrose statement on omission of Edmonton area for extended EI benefits

    Wildrose statement on omission of Edmonton area for extended EI benefits

    Wildrose Shadow Jobs Minister Grant Hunter today issued the following statement on the omission of only those in Alberta’s Capital Region from receiving a short-term boost in EI benefits: “I was disappointed to discover in the federal budget that those in the Edmonton Region who are currently sharing the brunt of our province’s economic downturn…

  • SAIT Hospitality Students Cash in on Low Canadian Dollar

    SAIT Hospitality Students Cash in on Low Canadian Dollar

    Hotels, restaurants and retail shops in Banff and Jasper National Parks are ramping up for another record-breaking summer, and SAIT students are eager and ready to lend their new skills. SAIT Hospitality and Tourism students are hosting and attending the 18th annual HOSPO today – the largest hospitality conference of its kind in Western Canada.…

  • NDP Still Without a Credible Jobs Plan as Weekly Earnings Drop

    With average weekly earnings plummeting 4.3 per cent year-over-year, it’s time for the NDP government to put an end to their risky economic experiments and put forward a credible jobs plan, the Wildrose Official Opposition said today. Over 80,000 jobs have been lost since last year, and the weekly earnings drop is the largest year-over-year…

  • Alberta Small Business Confidence on Four Month Streak of Canadian Record Lows

    Alberta Small Business Confidence on Four Month Streak of Canadian Record Lows

    Calgary – Alberta small business confidence fell 0.2 points in March to 26.5 on the Business Barometer index published monthly by the Canadian Federation of Independent Business (CFIB). The index registered consecutive historic lows in Alberta for the entire first quarter of 2016. Confidence remains 10 points below 2008 recessionary lows, and about 40 points below…

  • NDP Still Without a Credible Jobs Plan as Weekly Earnings Drop

    NDP Still Without a Credible Jobs Plan as Weekly Earnings Drop

    EDMONTON, AB (March 31, 2016): With average weekly earnings plummeting 4.3 per cent year-over-year, it’s time for the NDP government to put an end to their risky economic experiments and put forward a credible jobs plan, the Wildrose Official Opposition said today. Over 80,000 jobs have been lost since last year, and the weekly earnings…

  • Lakeland  M.P.  Denounces  the  Exclusion  of  Bruderheim  from  EI  Benefits  Extension

    Lakeland  M.P.  Denounces  the  Exclusion  of  Bruderheim  from  EI  Benefits  Extension

     TWO  HILLS,  Alberta  –  Last  week,  the  Liberal  government  introduced  their  2016  Budget,  including  temporary,  targeted  changes  to  the  Employment  Insurance  (EI)  system  intended  to  help  hard-­‐hit  regions  of  the  country  experiencing  high  unemployment.    While  this  measure  is  a  temporary  fix  and  is  not  a  concrete  plan  to  create  jobs  and  to  grow  the…