Category: Business/Finance

  • Wildrose puts Forward Suggestions for Dental Fee Reform

    Wildrose puts Forward Suggestions for Dental Fee Reform

    (Wednesday), Wildrose Shadow Health Minister Drew Barnes released a letter sent to Health Minister Sarah Hoffman with recommendations to improve transparency and reduce costs for consumers in Alberta’s dental system. Hoffman announced a review of Alberta dental fees last September. Wildrose believes a comprehensive strategy is needed to increase competition and transparency for all Albertans.…

  • Alberta Party: Massive Deficit, NDP Inaction on Operational Spending puts Alberta Firmly on Track for Future Credit Downgrades

    Alberta Party: Massive Deficit, NDP Inaction on Operational Spending puts Alberta Firmly on Track for Future Credit Downgrades

    By Meagan Wade EDMONTON, AB – February, 2016 – Alberta Party Opposition Leader Greg Clark is deeply troubled by the ND Government’s lack of action on operational spending and sees a big risk of future credit rating downgrades from Alberta’s historic anticipated budget deficit. “The fact they have no plan to curb operational spending is contributing to…

  • Notley fundraising trips damaging chances at Energy East: Wildrose

    Notley fundraising trips damaging chances at Energy East: Wildrose

    By appearing at big-money fundraisers for politicians opposed to Energy East, Premier Rachel Notley is hurting Alberta’s chances of securing a pipeline to tidewater, the Wildrose Official Opposition said. Notley appeared alongside Ontario NDP Leader Andrea Horwath last Friday at a $10,000-a-head corporate and labour fundraiser in Toronto. The event generated around $200,000 for the…

  • Wildrose: NDP Remain Without Realistic Plan to Fight for Jobs, Tackle Deficit

    Yesterday’s third-quarter fiscal update shows an NDP government that remains without a realistic plan to fight for jobs as the consolidated deficit continues to balloon to over $9 billion, borrowing skyrockets and the economy is set to contract 2.6 per cent over two years, the Wildrose Official Opposition said. “As Albertans have been dealing with…

  • Historically Low Oil Prices and Declining Revenue Impacting Third Quarter Results

    Historically Low Oil Prices and Declining Revenue Impacting Third Quarter Results

    Alberta faces a significant budget shortfall as oil prices continue to collapse – to the lowest levels in more than a decade – causing a substantial hit to government revenue. The oil price collapse has significantly impacted Alberta’s resource and personal income tax revenue streams. Prudent financial management, including the re-profiling of some projects and…

  • Canadian Tire Ushers in New Era of Digital Collaboration with Facebook at Work

    Canadian Tire Ushers in New Era of Digital Collaboration with Facebook at Work

      Canadian Tire becomes first Canadian retailer and largest Canadian employer to use Facebook at Work; Company harnesses power of social media to connect employees at all levels TORONTO, February, 2016 /CNW/ – Canadian Tire Corporation, Limited (TSX:CTC, TSX:CTC.a) announced today the adoption of Facebook at Work, an innovative platform designed to fundamentally change the way…

  • SAIT Polytechnic wins Gold at the 2016 Vanier College BDC Case Challenge

    SAIT Polytechnic wins Gold at the 2016 Vanier College BDC Case Challenge

    MONTREAL, February, 2016 /CNW Telbec/ – Mr. Normand W. Bernier, Director General of Vanier College is pleased to announce that after two days of mounting excitement and imaginative presentations at the 11th annual 2016 Vanier College BDC Case Challenge on February 13 and 14, the first place Gold Award went to SAIT Polytechnic (Southern Alberta Institute…

  • Minister Morneau Announces $250 Million Stabilization Payment to Alberta

    Minister Morneau Announces $250 Million Stabilization Payment to Alberta

    Finance Minister Bill Morneau today announced that the Government of  Canada will provide Alberta with an advance fiscal stabilization payment of approximately  $251.4 million, as part of ongoing support to provincial and territorial  governments to assist them in the provision of programs and services. Today’s announcement is an example of cooperation between the federal  and provincial…

  • TELUS launches Skype for Business

    TELUS launches Skype for Business

    Skype for Business, powered by TELUS, helps Canadian businesses transform how they connect, collaborate and communicate – internally and externally Toronto – TELUS has teamed up with Microsoft and Avanade to offer Skype for Business, powered by TELUS, an enterprise-grade unified communications and collaboration (UCC) solution that enables new ways for employees to connect with…

  • CPP Top of the List for CFIB President visit to Edmonton

      Edmonton, February 23, 2016 – Canadian Federation of Independent Business (CFIB) president Dan Kelly is in Edmonton today, joining CFIB vice-president Richard Truscott and director of provincial affairs for Alberta Amber Ruddy, for meetings with Finance Minister Joe Ceci.  At the top of their agenda will be a discussion on potential expansion of the…

  • Rural Tourism Conference Supports a Growing Industry

    Rural Tourism Conference Supports a Growing Industry

      Running February 22 – 24 in Camrose, the theme of the 2016 Growing Rural Tourism Conference is Bank On It. Through workshops, presentations, networking opportunities and a trade show, the conference provides education and inspiration to rural tourism operators, municipalities and industry representatives about tourism opportunities and challenges. “Tourism is an important industry in…

  • David Swann On Petrochemical Diversification Plan

    David Swann On Petrochemical Diversification Plan

    Alberta Liberal Party Albert Liberal Leader Swann pleased with NDP petrochemical diversification plan: Alberta Liberal Leader David Swann is pleased with the government’s plan to offer royalty credits to companies willing to build petrochemical facilities in Alberta. “At first glance, this looks to be a good idea for creating jobs and stimulating investment,” Swann said.…

  • Caution for Canadian Snowbirds

    Caution for Canadian Snowbirds

    By Kim Inglis According to Investor Economics, one million U.S. citizens living in Canada have $30 billion invested in mutual fund industry assets.  Meanwhile, TD Economics reports that over 500,000 Canadians spend significant periods of time in the United States.  While the former likely know their U.S. tax reporting requirements, the latter may not.  They…

  • Energy minister to meet with global energy leaders and promote Alberta’s energy industry during CERAWeek in Houston

    Energy minister to meet with global energy leaders and promote Alberta’s energy industry during CERAWeek in Houston

    Energy Minister Margaret McCuaig-Boyd will travel to Houston, Texas to attend CERAWeek 2016 from February 21 to 25. CERAWeek is an annual conference that brings together energy leaders from across North America and the globe to discuss and collaborate on critical topics of interest to Alberta’s energy strategy. “Alberta’s Climate Leadership Plan, along with our…

  • Where Is Alberta’s Electricity System Heading?

    Where Is Alberta’s Electricity System Heading?

    By Don MacIntyre, MLA  The NDP government is launching a massive experiment with our electricity grid that will result in higher bills as a result of the $3 billion carbon tax. We have seen the damage these types of bad policies have brought to other Canadian jurisdictions. Almost ten years ago, the Ontario government decided…