Category: Business/Finance

  • HP Board of Directors Approves Separation

    HP Board of Directors Approves Separation

      Separation will occur by means of a distribution to HP stockholders of 100% of the outstanding shares of Hewlett Packard Enterprise Each HP stockholder will receive one share of HPE common stock for every one share of HP common stock held Hewlett Packard Enterprise shares to begin trading on the NYSE November 2, 2015…

  • Provincial Budget to be Released October 27

      Finance Minister Joe Ceci announced Alberta’s Budget 2015 will be tabled in the Legislature on Tuesday, October 27. “I’m pleased to announce that on October 27, our government will introduce its first provincial budget. Our budget will outline a plan for jobs and economic growth while stabilizing public services and putting us on a…

  • Only 20 Per Cent of High River Utility Bills Affected by Error

    Only 20 Per Cent of High River Utility Bills Affected by Error

      High River, AB: Approximately 20 per cent (1,000) of customers were affected by an error that occurred with the July/August Town utility bills. The Town has now corrected the computer system error and the affected bills have been cancelled and will be re-issued the week of October 5. The error occurred with the calculation…

  • CREB: Prices Ease as Expected

    CREB: Prices Ease as Expected

    Inventories rise as sales activity softens further Calgary – Following four months of relative stability, unadjusted benchmark prices eased as expected in September to $456,300, a 0.26 per cent decline compared with last year. Most of this aggregate moderation was due to price declines in the apartment sector brought on by higher-than-average inventory levels. “Overall…

  • Wildrose Shadow Jobs, Skills, Training Minister to Launch Minimum Wage Tour

      EDMONTON, AB (October 2, 2015): Wildrose Shadow Jobs, Skills and Training Minister Grant Hunter will be kicking off an exploratory minimum wage tour on Monday, Oct. 5.  The tour will be an opportunity to talk to business owners and employees face to face about their concerns surrounding the NDP government’s move to a 50…

  • Modest recovery by end of 2016: ATB Financial’s latest Economic Outlook 

    Modest recovery by end of 2016: ATB Financial’s latest Economic Outlook 

      Calgary — The drop in oil prices has meant a tough year for Alberta’s economy. Today, ATB Financial is releasing its latest quarterly Alberta Economic Outlook, providing insight into what may happen in the months ahead. Capturing five primary economic indicators, the key results from ATB’s Alberta Economic Outlook include: Alberta’s economy will contract by less…

  • The Importance of Retirement Income Planning

      By Kim Inglis A study by BMO Global Asset Management found that one quarter of already-retired Canadians are surprised to find their savings are not as sufficient as they thought. A key factor is that people are living longer. Statistics Canada says the average Canadian male will live 84 years and females 87 years,…

  • Minimum Wage Hike Another Blow to Alberta Economy

    Minimum Wage Hike Another Blow to Alberta Economy

    Calgary – The Alberta government’s reckless plan to increase the minimum wage to $15 per hour could cost the economy at least 50,000 jobs, and will force employers to cut back on hours, re-think hiring plans, and will definitely mean less opportunity for young Albertans. As Alberta and four other provinces prepare to hike minimum…

  • Premier Notley concludes successful economic mission

      Premier Rachel Notley met with investment, business and political leaders to attract investment, grow Alberta’s economy and create jobs. Premier Notley completed a week-long tour with stops in Montreal, Toronto and New York to underline the government’s commitment to stability and competitiveness. She also discussed the importance of encouraging a culture of innovation to…

  • End the Drama: Notley Should Clarify Comments on Kinder Morgan Expansion

    End the Drama: Notley Should Clarify Comments on Kinder Morgan Expansion

        EDMONTON, AB (October 2, 2015): Following reaction from municipal and provincial officials in British Columbia to Premier Rachel Notley’s surprise push to shift the Kinder Morgan’s Trans Mountain pipeline expansion project to a different port, Notley should explain how she came to her new opinion, the Wildrose Official Opposition said today. “The Premier…

  • Wildrose Urges NDP to Reconsider 50 Per Cent Minimum Wage Hike on Eve of Increase

    Wildrose Urges NDP to Reconsider 50 Per Cent Minimum Wage Hike on Eve of Increase

      EDMONTON, AB: (Wednesday) Wildrose Shadow Jobs, Skills, Training, Labour and Red Tape Reduction Minister Grant Hunter released the following statement on the NDP’s planned 50 per cent increase in minimum wage, phase one of which began yesterday: “At a time when small business confidence continues to plunge and job loss numbers continue to climb, the…

  • Caution Needed on Proposed Governance Boards in Updated MGA: Stier

    Caution Needed on Proposed Governance Boards in Updated MGA: Stier

      EDMONTON, AB: Municipalities deserve a better explanation from the NDP government about new mandatory ‘growth management boards’ that will be included in a new Municipal Government Act (MGA) presented next spring, Wildrose Shadow Municipal Affairs Minister Pat Stier said today. As part of today’s announcement committing to a timeline for a new MGA before…

  • City of Leduc is Where the World Lands for business

    City of Leduc is Where the World Lands for business

      New community profile released to attract economic investment As part of its ongoing effort to attract economic investment in the region, the City of Leduc released a new community profile to showcase why Leduc is Where the World Lands. “Choosing to do business here provides the opportunity to reach global markets and can take you…

  • Farmers Fight False Information about Supply Management

    Farmers Fight False Information about Supply Management

    For months, Canadian farmers have endured a concerted attack on the system that brings Canadians the dairy, poultry and egg products they trust. As the pressure to conclude the TPP negotiations in Hawaii (in July) mounted, so did rhetoric and the proliferation of misperceptions surrounding supply management through certain attacks in the media, and by some…

  • AB small business confidence plunges to record low

      Lowest registered confidence of any province in past 15 years Calgary – The Canadian Federation of Independent Business (CFIB) today released the latest Business Barometer numbers showing Alberta’s small business confidence plummeted to 34.0, more than a six point decline from last month.  This marks the lowest confidence level ever registered since CFIB started keeping…