Category: Business/Finance

  • Decisive Farming Brings Crop Scouting App to the Canadian Market & Positions Itself For US Expansion

    Decisive Farming Brings Crop Scouting App to the Canadian Market & Positions Itself For US Expansion

      Decisive Farming Partners with Neucadia on licensing of AgraScout Mobile Crop Scouting Application. Calgary, AB / TheNewswire / Decisive Farming™ today announced a partnership with Neucadia, as a global reseller and the exclusive Canadian reseller of AgraScout, a mobile crop scouting application now fully ready to support both American and Canadian crops, pests and…

  • Understanding Investor Emotions

      By Kim Inglis Investor emotions are a portfolio’s worst enemy. Fortunately they are also predictable, following a route in sync with market cycles. The peak is the middle of a bull market, when investors are most optimistic. The trough is during a bear market, when investor emotions are correspondingly low. The markets and investor…

  • NDP Approve Borrowing Binge Behind Closed Doors: Fildebrandt

    NDP Approve Borrowing Binge Behind Closed Doors: Fildebrandt

      EDMONTON, AB: The NDP are on a borrowing stampede after rubber stamping $6 billion in new debt behind closed doors, Wildrose Shadow Finance Minister Derek Fildebrandt said today. The announcement was made through an order-in-council approved by cabinet on July 8. It comes after the NDP rammed through a mini-budget with only three hours…

  • NYSE temporarily suspends trading due to technical glitch

    NYSE temporarily suspends trading due to technical glitch

      By Tanya Agrawal (Reuters) Trading in all securities were halted on the New York Stock Exchange on Wednesday following earlier reports of technical difficulties, although NYSE-listed issues was still trading on other exchanges. After the halt, U.S. stocks extended their losses, but in low volumes, with the S&P 500 hitting a session low and…

  • Alberta Economic Outlook: Slide May be Nearing Bottom

    Alberta Economic Outlook: Slide May be Nearing Bottom

    Calgary — This has been a challenging year for Alberta, with oil prices slumping and the economy slowing as a result. Now many of us are feeling the effects. Today, ATB Financial is releasing its latest Alberta Economic Outlook, where its findings provide a glimpse into what may happen over the next three months (July-September 2015). Capturing…

  • Seasonal Factors Affecting Electricity Prices

    Seasonal Factors Affecting Electricity Prices

    Regulated Rate Option rates will increase over the summer. The Utilities Consumer Advocate (UCA) is advising customers who purchase electricity through the Regulated Rate Option (RRO) that they will see an increase in their bills this summer. While regulated-rate prices have been at record lows, the UCA wants Albertans to know that the RRO has…

  • Changes to utility bill rates based on new water meter readings

    Changes to utility bill rates based on new water meter readings

      HIGH RIVER, AB: Residents may notice a change on their utility bills this week as rate of consumption will now be measured in cubic meters rather than gallons. The changes are a result of the town-wide water meter replacement program that began in February and this period’s utility bills reflect the transition between reading…

  • Okotoks Business Spotlight: Rocky Mountain Sidecar Adventures

    Okotoks Business Spotlight: Rocky Mountain Sidecar Adventures

    Come experience the incredible landscapes of the Alberta Foothills and the Rocky Mountains by taking a guided tour on a sidecar motorcycle.  Enjoy the vistas and views while reveling in the freedom of the open road.  Engage your senses, and immerse yourself in the adventure. Catch the scent of mountain streams and tall pine forests,…

  • Summer Tourism Generates Business Revenue in Okotoks

    Summer Tourism Generates Business Revenue in Okotoks

    By A. Ross Summer and vacation is now upon us and with that, the importance of the tourism industry in our town and region is a very timely topic. Tourism is one of the top five economic drivers, generating over $7.4 billion in revenue and creating over 114,000 jobs in Alberta.*   In 2014, Calgary…

  • June Sales Consistent with Typical Levels

    June Sales Consistent with Typical Levels

      Calgary inventory levels ease   Calgary, July 2, 2015 – Despite the 18 per cent year-over-year decline in June home sales, for a total of 2,183 units, transaction levels remain only five per cent below the 10 year average for June and three per cent above levels over the past five years. “We’ve seen less…

  • From Three Designations to One, Alberta Accountants Unite

    From Three Designations to One, Alberta Accountants Unite

    The Chartered Professional Accountants Act comes into force effective July 1, merging Alberta’s three professional accounting organizations. The resulting organization, the Chartered Professional Accountants of Alberta, will issue a single designation: Chartered Professional Accountant, or CPA. “The proclamation of a single professional designation marks a major step for the accounting profession in Alberta, making it…

  • Social Media in Aviation – a Helping Hand or a Slippery Slope?

    Social Media in Aviation – a Helping Hand or a Slippery Slope?

      According to the latest Jobvite survey, more than 75% of enterprises are planning to increase their spending on recruitment via social networks in 2015. This comes as no surprise, considering that currently about 2 billion people on earth are using social media every single day – pilots, flight crew and other aviation workers included.…

  • Small Business Perspective not Reflected in AB Minimum Wage Hike

      Only 4% of business owners say it will help with attraction/retention of employees CALGARY, June 30, 2015 – The Canadian Federation of Independent Business (CFIB) today released the findings of a minimum wage survey conducted with small business owners across Alberta.  When asked: What impact would an increase in the minimum wage from $10.20…

  • Fildebrandt Appointed Chairman of Public Accounts, Fiscal Discipline Top Priority

      CALGARY, AB – After being sworn in as chairman of the Legislature’s Public Accounts Committee, Wildrose Shadow Finance Minister Derek Fildebrandt announced a commitment to scrutinize past spending boondoggles and lead the effort in holding government spending to account. Tasked with analyzing every dollar the government spends, the Public Accounts Committee plays an integral…

  • Removing Liquor Server Wage will Hurt Restaurant Jobs in Alberta

    Removing Liquor Server Wage will Hurt Restaurant Jobs in Alberta

    EDMONTON /CNW/ – Alberta’s decision to remove the liquor server wage in 2016 will hurt restaurants, their employees and their customers, by forcing job cuts, reduced service levels and higher menu prices. “The liquor server wage is important because it recognizes the significant tipped income these employees make,” says Mark von Schellwitz, Restaurants Canada’s VP Western…