Category: Business/Finance

  • Air Canada and Bombardier Sign a Landmark Order for up to 75 Bombardier C Series Aircraft

    Air Canada and Bombardier Sign a Landmark Order for up to 75 Bombardier C Series Aircraft

      Bombardier Commercial Aircraft and Air Canada announced today that the parties have signed a Letter of Intent (LOI) for the sale and purchase of 45 CS300 aircraft with options for an additional 30 CS300 aircraft, which also includes conversion rights to CS100 aircraft. Air Canada will become the first North American mainline, international network carrier for the C…

  • Foothills MP elected as vice-chair of Natural Resources Committee

    Foothills MP elected as vice-chair of Natural Resources Committee

    OTTAWA – Today, John Barlow, Member of Parliament for Foothills and Official Opposition Deputy Critic of Employment, Workforce and Labour was elected as vice-chair of the Natural Resources Committee. The Standing Committee on Natural Resources may examine issues related to the four industrial sectors that constitute the mandate of the Department of Natural Resources (NRCan): the energy…

  • Government Discloses Third Quarter Sole-source Service Contracts

    Government Discloses Third Quarter Sole-source Service Contracts

    Online database has been updated to reflect those service contracts that were awarded outside of a formal competition process during the last fiscal quarter. The Sole-sourced Service Contracts Database has been updated with an additional 197 contracts with start dates before December 31, 2015. Of this number, 98 support government business and 99 provide direct…

  • UFile Redesign Offers Virtual Accountant Experience

    UFile Redesign Offers Virtual Accountant Experience

    -Tax Software Leader Looks to Artificial Intelligence to Roll Out Highly Personalized Filing Tool- MONTRÉAL, February, 2016 /CNW/ – Canadian tax software leader UFile announced (last week) a complete redesign of their popular online and desktop software for tax year 2015. The new program, compatible across all platforms and browsers, features a bold design aesthetic and graphic…

  • ATB Ends Third Quarter in Strong Financial Shape

    ATB Ends Third Quarter in Strong Financial Shape

    Edmonton and Calgary — In a quarter that saw deposits rise, loans rise, and loan loss provisions rise, ATB Financial maintained its strong financial position. “When the provincial economy gets through the current challenges, we may well look back on the third quarter of the current financial year as the time the oil-price crisis made itself sharply…

  • More Than $10 Million in Funding Announced to Support Non-Profits, Jobs Provincewide

    More Than $10 Million in Funding Announced to Support Non-Profits, Jobs Provincewide

    Non-profit organizations across the province – and the businesses that serve the sector – continue to benefit from funding through Alberta’s Community Grants programs.    The Alberta Government is providing $6 million in Community Facility Enhancement Program grants and $4.5 million in Community Initiative Program grants to assist 294 projects in communities throughout Alberta. Projects…

  • Canada’s New GHG Emissions Requirements Will Inflict Widespread Pain

    As always, the Trudeau government announces lofty goals short on devilish details By Kenneth P. Green, Senior director of Natural Resource Studies, The Fraser Institute CALGARY, Alta./ Troy Media/ – On Jan. 27, the federal government injected yet another syringe full of uncertainty into the country’s oil and gas sector, announcing a nebulous plan to overhaul Canada’s…

  • Managing Cash Flow when Cash is Barely Flowing 

    Managing Cash Flow when Cash is Barely Flowing 

    Community Futures Highwood As all business owners know, cash is the life blood of businesses. Managing it well is often a challenge and can consume considerable time and energy. Most business owners say that managing their financial affairs can be a real challenge especially when finance management is not the owner’s strength. To add to…

  • Employer Engagement in Rural Communities in Southern Alberta Pilot Project

    Employer Engagement in Rural Communities in Southern Alberta Pilot Project

    The Classic Business Consulting Group, on behalf of CIC (Citizenship and Immigration Canada), CAHRC (Canadian Agricultural Human Resource Council) and CCIS (Calgary Catholic Immigration Society), is working on a project designed to increase the number of newcomers to Canada moving to smaller centers to live and work. This pilot project, funded by Immigration, Refugees, and…

  • Kudos and Caveats, for Alberta’s Royalty Review

    The recommendation that the provincial government “seize opportunities to enhance value-added processing” could turn into a fiasco By Kenneth P. Green and Steve Lafleur, The Fraser Institute CALGARY, Alta./ Troy Media/ – On Friday, Jan. 29, the Government of Alberta released the long-anticipated report of the Royalty Review Advisory Panel. The review, a campaign promise by the…

  • CREB: New Life for Bragg Creek

    CREB: New Life for Bragg Creek

    By Lindsay Holden Plan is expected to provide more housing diversity, increase tourism options A plan approved by Rocky View County late last year to rebuild Bragg Creek after the 2013 flood will also lift a 20-year building ban on the community and is expected to transform the hamlet from a through-point to Kananaskis with a…

  • High River officially opens for business with new Manager of Economic Development

    High River officially opens for business with new Manager of Economic Development

    HIGH RIVER, AB: The Town of High River is pleased to announce that Shawna Stonehouse has been hired to lead the new economic development office as part of a project aimed at enhancing the local economy. Originally from Red Deer, Stonehouse moves home to Alberta to begin her new position on Feb. 8 and brings…

  • Liberal Approach to Economy Doing Further Harm and Stalling Job Creation

    Liberal Approach to Economy Doing Further Harm and Stalling Job Creation

    By John Barlow, MP for Foothills Ottawa, ON – Canadian families are being hurt by Liberal economic policies that are making it tougher for them to keep working or replace jobs they’ve lost, said the Conservative Party Deputy Critic for Employment, Workforce Development and Labour, John Barlow today. “Justin Trudeau’s plan for jobs and growth…

  • Canada Pension Plan is not ‘low cost’

    Despite its reputation, the cost of the CPP is actually above the average for comparable plans By Philip Cross and Charles Lammam, The Fraser Institute OTTAWA, Ont. and VANCOUVER, B.C./ Troy Media/ – A recent meeting of Canada’s finance ministers rightly put the brakes on the federal government’s proposal to expand the Canada Pension Plan (CPP). After…

  • Sale of Rona to Lowe’s is Raising Concerns

    Sale of Rona to Lowe’s is Raising Concerns

      LAVAL, QC, February, 2016 /CNW Telbec/ – News of Lowe’s, the American home improvement giant, purchasing of Rona is raising concerns among workers represented by Teamsters Canada Local Union 1999. The American company’s previous attempt to takeover Rona in 2012 was met with strong opposition from the former provincial Minister of Finance, Raymond Bachand. The…