Category: Business/Finance

  • Oil is a Blessing for Alberta – Not a Curse

    Oil is a Blessing for Alberta – Not a Curse

    Even in bad times, Alberta benefits significantly from its natural resources By Steve Lafleur and Kenneth P. Green, The Fraser Institute VANCOUVER, B.C./ Troy Media/ – Ever since oil prices began declining from historic highs, it’s become fashionable to claim that Alberta – and Canada – bet it all on oil and lost. It’s an “I told…

  • Mobile Tourism Training Program Lets Students Earn and Learn on the Go

    Mobile Tourism Training Program Lets Students Earn and Learn on the Go

    Collaboration between the Government of Alberta, Olds College and the Alberta Hotel & Lodging Association (AHLA), has led to the development of a new mobile tourism and hospitality training program that will be available this fall. Government and the AHLA each contributed $500,000 to develop the training videos, which will be easily accessible to students…

  • Alberta REALTORS® Welcome Stephanie McLean as New Minister of Service Alberta

    Alberta REALTORS® Welcome Stephanie McLean as New Minister of Service Alberta

    Calgary AB, February, 2016 – The Alberta Real Estate Association (AREA) and its 10,000 REALTOR® members across the province congratulate MLA Stephanie McLean on her appointment as Minister of Service Alberta and Status of Women. AREA is looking forward to working with Minister McLean in her Service Alberta role, which was announced along with other Cabinet moves by Premier…

  • NDP Stonewall Accountability in Public Accounts

    NDP Stonewall Accountability in Public Accounts

    EDMONTON, AB (February 4, 2016): Instead of assisting in bringing accountability for Alberta taxpayers for the abuse of government travel and infrastructure spending, members of the NDP caucus blocked questions involving “HR issues” at Public Accounts Committee Wednesday, the Wildrose Official Opposition said today.The chair position, traditionally held by Wildrose Shadow Finance Minister Derek Fildebrandt, was…

  • CREB: Housing market remains unchanged in January

    CREB: Housing market remains unchanged in January

    Slow sales activity and inventory gains place downward pressure on prices   Click here to view the full monthly stats package. Calgary, February, 2015 – Calgary’s housing market is starting 2016 firmly in buyers’ market territory, much the same as last year ended. “The recent slide in energy prices has raised concerns about near-term recovery prospects…

  • Minister Bilous to promote Alberta as a progressive energy producer in Washington, D.C.

      Minister of Economic Development and Trade Deron Bilous will reestablish links with the U.S. government and explore economic development opportunities in Washington, D.C., from February 3 to 5. “I’ll be meeting with government and business leaders to promote renewed Alberta-U.S. relations on a variety of files, including the government’s Climate Leadership Plan and innovation…

  • SAIT Thanks Employees for Top Employer Win

    SAIT Thanks Employees for Top Employer Win

    February 3, 2016 – SAIT Polytechnic is a Top Employer in Alberta and is taking time today to celebrate the faculty and staff who help the post-secondary reach its goals. “Our people make SAIT great,” says Dr. David Ross, President and CEO of SAIT Polytechnic. “This award recognizes SAIT’s efforts to keep employee success a…

  • Jean Writes to Trudeau, Invites him to Tour Oilsands, Support Energy East: Wildrose

    EDMONTON, AB (February 2, 2016): On the eve of Prime Minister Justin Trudeau’s visit to Alberta, Wildrose Leader Brian Jean has sent a letter to the Prime Minister urging him to make clear his stance on Energy East and to tour Alberta’s oilsands. Recently, the federal government voted against a motion in the House of…

  • Employer Sentenced to Community Service in OHS Case

    Employer Sentenced to Community Service in OHS Case

      For the first time in Alberta, an employer has been sentenced to serve community service for violating theOccupational Health and Safety Act. The sentence resulted from a 2012 case where a worker was paralyzed when he fell into a floor opening at a work site. The employer pleaded guilty to a charge of failing…

  • Liberals Abandon Canadian Jobs and the Natural Resource Sector

    Liberals Abandon Canadian Jobs and the Natural Resource Sector

    Ottawa, ON (February 1″, 2016) – Official Opposition Deputy Critic and Member of Parliament for Foothills John Barlow is disappointed to see the Liberals vote against standing up for jobs and the economy. This evening the Liberals rose in the House of Commons and showed Canadians that jobs, growth and the economy are not their…

  • Diversification Program to Boost Alberta’s Economy

    Diversification Program to Boost Alberta’s Economy

    Petrochemical sector could realize billions of dollars in new investment Alberta’s Industrial Heartland (February 1, 2016) – Alberta’s economy will realize a long term boost from a new program aimed at spurring investment in the petrochemical sector. The Petrochemicals Diversification Program announced today by the Government of Alberta could generate $3 – $4 billion in…

  • Alberta Takes Significant Step Toward Diversifying Economy

    Alberta Takes Significant Step Toward Diversifying Economy

      The new Petrochemicals Diversification Program is part of the government’s continued action on the economy, helping to create jobs, attract investment and diversify Alberta’s economy. The program will encourage companies to invest in the development of new Alberta petrochemical facilities by providing royalty credits. The program is expected to support the construction of several…

  • Will Anyone Even Notice When Newspapers are Gone?

    Will Anyone Even Notice When Newspapers are Gone?

      Newspapers now seem so irrelevant to civic life that not even nostalgic moneybags want to preserve them By Peter Stockland, Senior Fellow, Cardus HAMILTON, Ont. / Troy Media/ – Thirty-five years ago, bankruptcies of two major daily newspapers prompted such concern across Canada that a royal commission was struck to inquire into the future of the…

  • Notley Must Convince Mulcair’s NDP to Support Federal Conservative Motion on Energy East: Jean

    EDMONTON, AB: Thursday, Wildrose Leader Brian Jean expressed his support of the motion put forward by federal Conservative Natural Resources Critic Candice Bergen for parliament to endorse Energy East and called on Premier Rachel Notley to convince her NDP colleagues to do the same. The motion, listed on the order paper for debate today, further calls…

  • Alberta Small Business Confidence in Free-Fall

    Alberta Small Business Confidence in Free-Fall

      Drops 4.3 points in January to another record low  CALGARY, January, 2016 – The Canadian Federation of Independent Business (CFIB) today released the Business Barometer results for January showing Alberta’s small business confidence dropped 4.3 points to 28.8.  This latest result is 26 points below the January 2015 index and continues to break records…