Category: Business/Finance

  • Nominations for the 25th Annual Emerald Awards open November 2!

    Nominations for the 25th Annual Emerald Awards open November 2!

    Albertans are passionate about balancing the development of our province’s rich resources with environmental stewardship. For the past 25 years, the Emerald Awards have recognized and celebrated the innovation and dedication of large and small businesses, individuals, not-for-profit associations, community groups, youth and governments. Elevate Alberta’s environmental leadership by nominating yourself or someone you know…

  • Business Weighs In: NDP Budget Bad for Jobs and Alberta

    Business Weighs In: NDP Budget Bad for Jobs and Alberta

      EDMONTON, AB – Business leaders are weighing in on the NDP government’s plan for higher taxes, record debt and risky economics saying it will do little for job growth across Alberta, the Wildrose Official Opposition said Thursday. According to the Canadian Manufacturers and Exporters (CME), the budget does “little to incent much needed investments to improve…

  • Stier asks Questions about Linear Assessment

      EDMONTON, AB – Livingstone-Macleod MLA Pat Stier asked the NDP government questions about whether it would maintain the current linear taxation formula for rural municipalities, the Wildrose Official Opposition said.  “Rural municipalities need clarity on this and the NDP government’s vague statements are concerning to say the least,” Stier said. “Rural municipalities deserve to know…

  • Budget 2015 gives Alberta entrepreneurs a $50-million funding boost to get their ideas off the ground

    October 30, 2015 – New funding will allow the Alberta Enterprise Corporation (AEC) to provide Alberta-based companies with access to the capital and mentorship they need to get into the marketplace. The AEC will use these funds to continue to work in partnership with the venture capital community so Alberta’s entrepreneurs can access the expertise and industry…

  • Customers and Markets are Key to Maximizing Value of Oil and Gas

    Customers and Markets are Key to Maximizing Value of Oil and Gas

    CALGARY, ALBERTA – The key to maximizing and diversifying the value of oil and gas for Albertans is to ensure the province is globally competitive and connected to more customers in new markets, the Canadian Association of Petroleum Producers said today in its submission to the Alberta royalty review panel. “The right balance of fiscal certainty…

  • Raising Taxes not a Guarantee of Higher Revenues

    Governments often fail to account for the behavioural effects spurred by its personal income tax rate hikes By Steve Lafleur and Charles Lammam, The Fraser Institute VANCOUVER, BC/ Troy Media/ – The Alberta government recently abandoned the province’s single 10 per cent tax rate on personal income in favour of a five-bracket system with a top rate…

  • Alberta Advances Strategic Partnership with New Brunswick

    Premier Rachel Notley met with New Brunswick Premier Brian Gallant in Edmonton to deepen co-operation on environmental and energy initiatives. The two leaders discussed a broad range of strategic and economic opportunities. In particular, they reiterated their support for the Energy East pipeline project – which will mean creating more jobs and refining in Canada.…

  • AUMA Applauds Province’s Support of Infrastructure and FCSS

    AUMA Applauds Province’s Support of Infrastructure and FCSS

      Province Supports Municipal Infrastructure Priorities  Edmonton –  (Tuesday’s) announcement of significant provincial funding commitments for municipal infrastructure will have a substantial impact on the well-being of Albertans. The province committed to two significant increases to municipal water and wastewater systems beginning in 2016. “We recognize that the province’s revenue shortfall made it difficult to…

  • High River Council Approves 2016 Renewal and Reconstruction Projects

    High River Council Approves 2016 Renewal and Reconstruction Projects

      HIGH RIVER, AB: Council approved the proposed 2016 renewal program at the Monday, Oct. 26 council meeting. Projects included the construction and repair of infrastructure, continuation of flood mitigation measures, and support for economic development. “We’ve come a long way since 2013 and we want to keep this momentum going to get all these…

  • NDP Budget Day 1: Record Debt Already Damaging Alberta’s Credit Rating

    NDP Budget Day 1: Record Debt Already Damaging Alberta’s Credit Rating

      EDMONTON, AB (October 28, 2015): Credit rating agencies are warning investors the first NDP debt-laden budget is already putting downward pressure on Alberta’s AAA credit rating, the Wildrose Official Opposition said today. Today, Moody’s released an update to markets saying Alberta’s planed steep debt increase will be credit negative. DBRS Limited also commented on…

  • Alberta School Board Association Reaction to Budget 2015

    Alberta School Board Association Reaction to Budget 2015

      The Alberta Government confirmed today reinstatement of funding for enrolment growth and funding cuts previously made by the former government. While the Alberta School Board Association is pleased about the commitment to fund every student, there was no funding increase for inflation, and additional funding for other programs will not begin until 2016-17. “There…

  • Calgary Cancer Centre Costing and Timing Incomplete: Wildrose

      EDMONTON, AB (October 28, 2015): Additional costing, timelines and information on the Calgary Cancer Centre are welcome news a decade after the project was first introduced, but more questions remain about the actual figures tied to the project, the Wildrose Official Opposition said today. “Wildrose and Calgarians know that the Calgary Cancer Centre is…

  • Wildrose Leader Brian Jean’s response to the 2015 Alberta Budget

  • Budget 2015 strengthens Edmonton’s health facilities for the future

    Budget 2015 strengthens Edmonton’s health facilities for the future

    This year’s provincial budget includes critical investments in Edmonton-area health-care facilities that will improve access to services for patients and families. The province’s five-year capital plan allocates $17 million to expand the Stollery Children’s Hospital surgical suite, and $50 million to redevelop and expand the hospital’s critical care units. “The Stollery Children’s Hospital is vital…

  • Budget 2015 Sets Path for New Calgary Cancer Centre

    Budget 2015 Sets Path for New Calgary Cancer Centre

    The Alberta government is investing strongly in a new Calgary Cancer Centre that will lead to better cancer care for people in Calgary and the surrounding communities. Budget 2015 includes $830 million over five years for the new cancer centre, which will be built on the site of the Foothills Medical Centre campus. “Our government…