Category: Business/Finance

  • NDP Government Against Everyday Albertans with Out-of-Touch PPA Lawsuit: Wildrose

    NDP Government Against Everyday Albertans with Out-of-Touch PPA Lawsuit: Wildrose

    EDMONTON, AB: The NDP government has shown a new side of their anti-business agenda by launching an unnecessary lawsuit against Enmax, an energy company owned by Calgarians, the Wildrose Official Opposition said. The returning of Power Purchasing Arrangements (PPAs) to the balancing pool was entirely preventable and foreseen by both the Wildrose and key energy stakeholders […]

  • Power Purchase Arrangement Fiasco

    Power Purchase Arrangement Fiasco

    David Swann disappointed by Power Purchase Arrangement fiasco Following the Alberta government’s announcement they were taking former Power Purchase Agreement (PPA) holders to court, Liberal Leader David Swann has expressed his displeasure with both the regulations enacted by the former PC government and the failure by the NDP to understand the consequences of their actions. […]

  • NDP Court Intervention Threatens our Electricity System and Will Drive Power Prices Up: Wildrose

    NDP Court Intervention Threatens our Electricity System and Will Drive Power Prices Up: Wildrose

    EDMONTON, AB: The NDP government’s heavy handed court intervention in Alberta’s electricity market will scare away investment and drive up power prices, Wildrose Shadow Electricity and Renewables Minister Don MacIntyre said Monday. “What we saw today was shocking – the NDP is asking the courts to turn back time. It is clear that the NDP didn’t […]

  • Court Action Launched to Protect Power Consumers from Paying Costs of Unlawful “Enron Clause”

    Court Action Launched to Protect Power Consumers from Paying Costs of Unlawful “Enron Clause”

    The Government of Alberta took legal action (this week) to protect Albertans from an attempt to offload business losses in the electricity market onto the public. Alberta contends that this attempted offload is being implemented through a regulatory clause that was unlawfully enacted when the province’s electricity system was deregulated. This clause was lobbied for by […]

  • Premiers Strike an Agreement in Principle on Internal Trade

    Premiers Strike an Agreement in Principle on Internal Trade

    WHITEHORSE, July 22, 2016 – Premiers are committed to maintaining a modern and competitive Canadian market. They recognize the role that more open internal trade can play in helping businesses be more productive, create jobs, and grow the economy. Premiers reached an agreement in principle on a new Canadian Free Trade Agreement (CFTA). The CFTA […]

  • Return on CPP Contributions Still Meagre after Expansion

    Return on CPP Contributions Still Meagre after Expansion

    Younger Canadians especially will continue to receive a meagre return for their CPP contributions even after expansion on By Charles Lammam and Hugh MacIntyre, The Fraser Institute VANCOUVER, B.C. / Troy Media/ – The expansion of the Canada Pension Plan (CPP), announced in June by Canada’s federal and provincial finance ministers, has sparked important questions about what […]

  • ATB Encouraging Investors to ‘Choose Alberta’ with Unique, New GIC

    ATB Encouraging Investors to ‘Choose Alberta’ with Unique, New GIC

    Edmonton — ATB Financial—Alberta’s largest homegrown financial institution—has launched a new guaranteed investment certificate (GIC) that’s tied directly to the performance of Alberta’s economy. The Choose Alberta GIC offers a 1.65 per cent guaranteed return and a one-time bonus connected to the provincial unemployment rate. As Alberta’s unemployment rate drops, the bonus increases, with a maximum bonus […]

  • Residential Construction Safety Blitz Underway

    Residential Construction Safety Blitz Underway

    The Alberta government is stepping up its safety inspections of residential construction worksites during the busy summer construction season. Occupational Health and Safety (OHS) officers will be increasing inspections on worksites over weekends and other periods outside regular working hours to ensure safety remains a priority throughout the busy construction months. Between April 1, 2015 […]

  • Premier Notley Should Follow BC & Quebec’s Lead and Consult on CPP Hike

    Premier Notley Should Follow BC & Quebec’s Lead and Consult on CPP Hike

    91 per cent of AB small business owners support delay to ensure proper consultation CALGARY – In advance of the Council of the Federation (COF) meetings later this week, the Canadian Federation of Independent Business (CFIB) is asking the premiers to listen to small business and do proper consultation on any expansion of the Canada […]

  • Competition Bureau Warns Consumers about Deceptive Door-To-Door Sales of Water Heaters and HVAC Systems

    Competition Bureau Warns Consumers about Deceptive Door-To-Door Sales of Water Heaters and HVAC Systems

    Don’t be fooled by misleading pitches for no-cost upgrades OTTAWA, ON — The Competition Bureau is urging consumers to be wary of deceptive tactics used by door‑to‑door salespeople trying to get you to sign a contract for a new water heater or heating, ventilation and air conditioning (HVAC) system. These salespersons frequently offer so‑called “no‑cost” upgrades, […]

  • Despite Challenges, Alberta Entrepreneurs Love Owning Own Business: ATB Business Beat

    Despite Challenges, Alberta Entrepreneurs Love Owning Own Business: ATB Business Beat

    Calgary — Despite the daily hardships and challenges faced by Alberta’s small and medium-sized business owners (SMEs), they wouldn’t have it any other way. According to ATB Financial’s Business Beat survey, 89 per cent said that if they were given the opportunity to do it all over again, they would still choose to own their own business. […]

  • Flood and Drought Protection Funding for Calgary and Other Vulnerable Communities

    Flood and Drought Protection Funding for Calgary and Other Vulnerable Communities

    The province is investing in flood and drought resiliency projects to protect communities against the effects of severe weather. Twelve organizations in southern Alberta and other vulnerable communities across the province will share a total of almost $1 million through the Watershed Resiliency and Restoration Program. Over three years, government has granted $18.5 million to […]

  • The Prime Minister of Canada and the Premier of Alberta Announce New Infrastructure Agreement

    The Prime Minister of Canada and the Premier of Alberta Announce New Infrastructure Agreement

    Friday, the Prime Minister of Canada, Justin Trudeau, and the Premier of Alberta, Rachel Notley, announced funding to construct the southwest portion of the Calgary Ring Road. The new highway will reduce congestion and commute times, so that Alberta families can spend less time on the road and more time with their loved ones. The […]

  • BC Consulting on CPP – Other Provinces Should Too

    BC Consulting on CPP – Other Provinces Should Too

    Eight out of ten small business owners support delay for consultation Toronto – With British Columbia (on Friday) launching a public consultation on CPP expansion, and Quebec planning a consultation on QPP in the fall, CFIB is encouraging other provinces to take the opportunity to consult. Today was the deadline set for provinces to sign onto the […]

  • A Simple Solution to the High Cost of Housing

    A Simple Solution to the High Cost of Housing

    Cutting local red tape will increase housing stock and reduce prices in Toronto, Vancouver and beyond By Ken Green, Ian Herzog and Josef Filipowicz, The Fraser Institute VANCOUVER, B.C. / Troy Media/ – House prices have grown substantially in recent years, especially in Canada’s biggest cities. Many Canadians are concerned about this trend, and a number of solutions […]