Category: Business/Finance

  • Protecting Alberta Taxpayers: Wildrose Commits to Ending Corporate Welfare

    Protecting Alberta Taxpayers: Wildrose Commits to Ending Corporate Welfare

      CALGARY, AB – Instead of raising job-killing taxes during a time of economic uncertainty, the Wildrose announced today a commitment to scrap over a billion dollars in corporate welfare payments to protect Alberta taxpayers. “Premier Jim Prentice wants Albertans to believe they need to pay more in job-killing taxes while the PCs run government…

  • Visit Alberta’s First Craft Distillery: The Eau Claire Distillery In Turner Valley

    Visit Alberta’s First Craft Distillery: The Eau Claire Distillery In Turner Valley

      By Shari Fenn, CRP Set to open early Spring in picturesque Turner Valley,the Eau Claire Distillery is being built to serve demand from the next revolutionary beverage-community movement: artisanal, small-batch craft spirits. Where glacial Rocky Mountain waters flow into fertile Alberta farmland, Eau Claire’s gins, vodkas and whiskies will bottle local flavour from Turner…

  • Business After Hours Offers Development and Networking Opportunities

    Business After Hours Offers Development and Networking Opportunities

    The Business After Hours event being held on March 25 at the Highwood Golf & Country Club will be more than just a chance to listen to two of Canada’s most sought after public speakers. It will also be an opportunity for the local business community to network with their peers and showcase High River…

  • TransCanada Statement on President Obama’s Veto of Bi-Partisan Legislation

    TransCanada Statement on President Obama’s Veto of Bi-Partisan Legislation

      TransCanada remains fully committed to Keystone XL despite today’s veto of bipartisan legislation in support of the project.  The facts show Keystone XL passes the national interest determination test and President Obama’s climate test.  Without Keystone XL, U.S. refineries are forced to use other methods of transportation to get the oil they need for…

  • Alberta Home Builders Expect Moderate Decline in 2015

    Alberta Home Builders Expect Moderate Decline in 2015

    By Richard Goatcher, Economic Analyst, CHBA – Alberta Alberta’s home builders expect 2015 starts will be reduced 15.5% from 2014 levels but the  province-wide total of 34,300 units should still exceed the five-year average of 32,500 units started between 2010 and 2014. A sample of Canadian Home Builders’ Association – Alberta (CHBA – Alberta) members…

  • Third Quarter Results Show a Decline in Energy Revenue

    Alberta is expected to avoid a deficit in 2014-15 with significant financial challenges on the horizon. In the third quarter update, the total non-renewable resource revenue forecast is down $503 million from budget, mainly due to plummeting oil prices. Bitumen royalties have taken the biggest hit, and are expected to drop $644 million from budget…

  • Premier Prentice statement on President Obama’s decision to veto Keystone XL legislation

    Premier Jim Prentice issued the following statement after U.S. President Barack Obama vetoed legislation that would have approved the Keystone XL pipeline: “I am disappointed but not surprised that President Obama chose to veto bipartisan legislation that would have approved the Keystone XL pipeline. “While today’s decision was expected, it does not change the fact…

  • Prentice Cuts his Office Budget

    Prentice Cuts his Office Budget

    Senior political staff to Premier Jim Prentice will be taking a salary cut. In support of the commitment to fiscal discipline, the premier’s top political staff will see their salaries reduced by five per cent, effective March 31. This will bring savings of more than $104,000 a year. “As we address the budgetary challenges facing…

  • Entrepreneurs Fear Alberta Advantage is Eroding

      Only 38% believe the provincial govt is committed to improving business climate CALGARY – The Canadian Federation of Independent Business (CFIB) today released results from a provincial budget survey that shows the majority of independent business owners are concerned about the erosion of Alberta’s status as a business-friendly jurisdiction. Small business owners were asked:…

  • Senator Black Speaks on Decision by President Obama to Veto Keystone Bill

    Senator Black Speaks on Decision by President Obama to Veto Keystone Bill

      OTTAWA, February 25th, 2015 – I was profoundly disappointed to learn that President Obama vetoed the Keystone XL bill sent to him by congress. As America’s largest trading partner and closest friend for decades, the President has turned a blind eye to Canada and our shared history. When it comes to Keystone XL there…

  • Resource Created by Economic Developers Alberta (EDA) Used In Mount Royal University Classrooms

    Resource Created by Economic Developers Alberta (EDA) Used In Mount Royal University Classrooms

      The Recovery and Resiliency Roadmap: A Toolkit for Economic Preparedness Becomes Resource in MRU’s New Continuing Education Program: Emergency Management & Disaster Recovery Calgary AB – Economic Developers Alberta (EDA) is pleased to announce that Continuing Education students at Mount Royal University will be utilizing a document developed by EDA as part of the Economic…

  • Senator Black to Sponsor Bill C-21 (Red Tape Reduction Act) in Senate

    Senator Black to Sponsor Bill C-21 (Red Tape Reduction Act) in Senate

    OTTAWA – Alberta’s Elected Senator Doug Black is proud to be sponsoring Bill C-21, the Red Tape Reduction Act, in the Senate to reduce the administrative burdens that businesses face. Senator Black will be opening the debate on the bill at its second reading in the Senate this afternoon. The bill aims to legislate rules…

  • Obama Vetoed Keystone XL Pipeline

    Obama Vetoed Keystone XL Pipeline

      In a letter to the Senate dated February 24th President Barack Obama used his power of veto on the proposed pipeline: I am returning herewith without my approval S.  1, the “Keystone XL Pipeline Approval Act.” Through this bill, the United States Congress attempts to circumvent longstanding and proven processes for determining whether or…

  • Shell Canada Elevates Outstanding Environmental Achievements Through Emerald Award Sponsorship

    Shell Canada Elevates Outstanding Environmental Achievements Through Emerald Award Sponsorship

      EDMONTON, Alberta – Shell Canada Ltd intensified their commitment to environmental excellence today by announcing their $50,000 sponsorship of the Public Education & Outreach Award category at the 24th Annual Emerald Awards. The Public Education & Outreach Award recognizes community-based individuals, organizations and initiatives that demonstrate leadership and creativity in educating the broader public…

  • Examining a Common Tax Planning Investment

      By Kim Inglis As Canadian investors contemplate tax season, they think about efficiency.  Do I pay too much in taxes?  How can I minimize them?  One answer comes in the form of flow-through shares, which provide a legitimate tax-assisted investment vehicle to save or defer taxes. Flow-through shares are a financing mechanism that has…