Category: Business/Finance

  • CFIB calls for emergency debate in legislature on Alberta’s economic crisis

      AB government urged to put moratorium on any major new public policies until economy has recovered CALGARY, January, 2015 – Following Friday’s Statistics Canada release of Alberta’s job numbers, the Canadian Federation of Independent Business (CFIB) is appealing to the Alberta government to recall the legislature early for an emergency debate on the economic crisis plaguing…

  • Roger Brooks: Okotoks’ Future is About to Unfold

    Roger Brooks: Okotoks’ Future is About to Unfold

      Roger Brooks is returning to Okotoks to present the branding direction for Okotoks. Brooks, an expert in the fields of tourism, community marketing and downtown development was last here in September, 2015. At that time he spoke to and consulted with a number of community groups, Town staff and the public, to gather insights and suggestions…

  • With Oil Plunging, Action Plan Neede to Attract Investment to Alberta’s Energy Sector: Wildrose

    With Oil Plunging, Action Plan Neede to Attract Investment to Alberta’s Energy Sector: Wildrose

      EDMONTON, AB: With oil collapsing to a 12-year low, the NDP government needs to begin to reverse some of the damage done by new tax increases and regulatory changes to the energy sector and ensure the royalty review increases Alberta’s competitiveness, the Wildrose Official Opposition said. As markets opened on Thursday, West Texas Intermediate…

  • Expect policy divergence as economies adjust to shocks, Governor Poloz says

    Expect policy divergence as economies adjust to shocks, Governor Poloz says

    Bank of Canada, Ottawa, Ontario – Diverging monetary policies are the natural consequence of large declines in resource prices and should be expected, Bank of Canada Governor Stephen S. Poloz said in a speech today at the Mayor’s Breakfast Series in Ottawa. Last month’s interest rate increase by the U.S. Federal Reserve is the first step…

  • Can a cash-only ‘diet’ help you regain healthy spending habits?

    Can a cash-only ‘diet’ help you regain healthy spending habits?

      By Carmen Chai, Money Mentors Swiping a card is almost akin to eating fast food: it’s easy, it’s fast, it’s convenient and, if you don’t control yourself, the pounds, er, debt will start piling on. A wise decision, experts say, could be a cash-only “diet.” “Usually people switch over to a cash-only diet for…

  • Notley Should Push for Public Support of Energy East Pipeline from Manitoba: Wildrose

    Notley Should Push for Public Support of Energy East Pipeline from Manitoba: Wildrose

      EDMONTON, AB (January 8, 2015): Premier Rachel Notley should encourage Manitoba Premier Greg Selinger to publicly support the Energy East pipeline and secure a commitment from the Manitoba government to not interfere further in the regulatory approval process, the Wildrose Official Opposition said today.  The Manitoba government has remained relatively silent on the Energy…

  • Alberta Credit Downgrade a Wake-up Call to Change Course

    The recent credit downgrade by Standard and Poor’s is another sign of the severity of Alberta’s fiscal problems By Steve Lafleur and Charles Lammam, The Fraser Institute VANCOUVER, B.C./ Troy Media/ – Alberta Finance Minister Joe Ceci was handed some disappointing news in advance of the holidays. Standard and Poor’s, a prominent government credit rating agency, downgraded…

  • Jean Statement on Keystone XL Legal Fight

        EDMONTON, AB (January 7, 2016): Today, Wildrose Leader Brian Jean released the following statement on TransCanada’s decision to file a legal claim over the Obama administration’s rejection of the Keystone XL pipeline. “I fully support TransCanada’s pursuit to recover the enormous costs and damages it has faced as a result of a decision…

  • Lumosity to Pay $2 Million to Settle FTC Deceptive Advertising Charges for Its “Brain Training” Program

    Lumosity to Pay $2 Million to Settle FTC Deceptive Advertising Charges for Its “Brain Training” Program

    Company Claimed Program Would Sharpen Performance in Everyday Life and Protect Against Cognitive Decline January 2016 The creators and marketers of the Lumosity “brain training” program have agreed to settle Federal Trade Commission charges alleging that they deceived consumers with unfounded claims that Lumosity games can help users perform better at work and in school,…

  • CREB: Housing Market Characterized by Slow Demand

    CREB: Housing Market Characterized by Slow Demand

    Elevated supply levels placed downward pressure on prices in December Click here to view the full monthly stats package. Calgary, Jan. 4, 2016 – With the focus shifting toward the holiday season, December sales activity slowed to 878 units in the city, 18 per cent below last year at this time and well below the…

  • Turning Possibilities into Reality with Foothills SNAPS H.I.R.E. Program

    Turning Possibilities into Reality with Foothills SNAPS H.I.R.E. Program

    Seventeen-year-old Jessica McNutt is dreaming big about her future – and making it happen. As a recent graduate of the H.I.R.E (Having Inclusive Rewarding Employment) program, it didn’t take her long to make her entrepreneurial dreams a reality. She celebrated with friends and family on December 5, 2015, during the grand opening celebration of Jessica’s…

  • Postmedia Rumoured to be Closing Some Sun Media papers

    Are the Edmonton, Calgary and Ottawa Suns’ days numbered? By Terry Field Contributor Troy Media CALGARY, Alta./ Troy Media/ – Maybe coming to a city near you – if you live in Calgary, Edmonton or Ottawa – is a new daily newspaper called the Herald Sun or the Sun Journal. This new product would be…

  • Canada Pension Plan and Old Age Security Benefit Amounts Effective January 1, 2016

    Canada Pension Plan and Old Age Security Benefit Amounts Effective January 1, 2016

    December 30, 2015 Gatineau, Quebec Employment and Social Development Canada Employment and Social Development Canada today announced the benefit amounts for the Canada Pension Plan (CPP) and Old Age Security (OAS) effective January 1, 2016. CPP benefits will increase by 1.2 percent for those already receiving CPP benefits. For 2016, the maximum CPP retirement benefit…

  • AB Small Business Confidence Reaches Another All-time Low

    Optimism among entrepreneurs at lowest level ever recorded in Canada CALGARY, December 31, 2015 – The Canadian Federation of Independent Business (CFIB) today released the Business Barometer results for December that shows Alberta’s small business confidence index dropped 4.3 points to 33.1. This latest result is more than 23 points below the next lowest province…

  • Wildrose Calls for Credit Downgrade Action Plan

    Wildrose Calls for Credit Downgrade Action Plan

        EDMONTON, AB: With Alberta’s credit rating recently downgraded, Wildrose is calling for an action plan to rebuild Alberta’s credit rating by reducing the province’s debt limit, reducing overall government expenditures and focusing spending on front-line priorities, the Wildrose Official Opposition said. Part of the plan should include legislative amendments put forward by Wildrose Shadow…