Category: Business/Finance

  • Postal Service Will Not Be Interrupted While Talks Continue

    Postal Service Will Not Be Interrupted While Talks Continue

    OTTAWA, July 10, 2016 /CNW/ – Earlier today, the Minister of Employment, Workforce Development and Labour, MaryAnn Mihychuk, encouraged both Canada Post and the Canadian Union of Postal Workers to continue their discussions beyond the lockout notice. Accordingly the Corporation has withdrawn its 72-hour notice. As a result, there will not be a lockout, which […]

  • AG Report Shows Broken OHS System and a Tough Pill for Taxpayers Surrounding Golf Course Contracts: Wildrose

    AG Report Shows Broken OHS System and a Tough Pill for Taxpayers Surrounding Golf Course Contracts: Wildrose

    EDMONTON, AB (July 5, 2016): Today’s Auditor General’s report raises serious concerns about a broken workplace safety system that has been neglected for years as well as a tough reality for taxpayers surrounding the Kananaskis golf course, the Wildrose Official Opposition said today. The report says that “the department [Alberta Labour] does not regularly evaluate and report whether […]

  • Statement from Labour Minister on Auditor General’s Report

    Statement from Labour Minister on Auditor General’s Report

    Labour Minister Christina Gray has issued the following statement following today’s release of the Auditor General’s report. “Albertans need to know that when they go to work, they will come home safely at the end of the day. Today’s report from Alberta’s Auditor General is further evidence that the former administration neglected issues involving Alberta […]

  • Wood Buffalo Students Given More Time to Repay Loans

    Wood Buffalo Students Given More Time to Repay Loans

    The Government of Alberta is giving students affected by the wildfire more time to repay their student loans. Government is extending the deferral of repayment and interest-free period to March 1, 2017 for student loan borrowers affected by the fire so they can focus on their immediate needs. More than 700 students will benefit from […]

  • Home Prices Down, But Not Out

    Home Prices Down, But Not Out

    City of Calgary, July 2016 – Calgary home prices continue to slide in most areas of the market, but not at the rate that many might expect. This is partly due to June’s resiliency in the detached and semi-detached sectors of the market, where sales compared to new listings and standing inventory started returning to more […]

  • Impact of Downturn Still Being Felt: ATB Investor Beat

    Impact of Downturn Still Being Felt: ATB Investor Beat

    Edmonton — Nearly half of Albertans (49 per cent) have felt the impact of the drop in oil prices according to the latest edition of the ATB Investor Beat Survey. That’s up one per cent from the previous survey. Among those impacted, 30 per cent said they had lost their jobs, up from 24 per cent three months […]

  • Open Farm Days 2016 Attracts Record Number of Host Farms and Ranches

    Open Farm Days 2016 Attracts Record Number of Host Farms and Ranches

    More than 100 host sites have opened their gates and signed on for Open Farm Days 2016. With an enticing array of family fun activities, this year’s event, to be held Aug. 20 and 21, promises to be the best ever. Local chefs will team with Alberta producers to offer a tantalizing taste of Alberta at a […]

  • Canada Post Lockout: work stoppages and unsustainable pension plans need to end

    Calgary, July 5, 2016 – With unionized Canada Post workers on 72-hours notice for a lockout, the Canadian Federation of Independent Business (CFIB) is encouraging the postal service to find a solution to their growing pension problem and urging a quick settlement before any mail disruption. CFIB issued a letter to Canada Post president and […]

  • NDP Added Almost 500 Names to the Sunshine List in 2015: Wildrose

    NDP Added Almost 500 Names to the Sunshine List in 2015: Wildrose

    EDMONTON, AB (June 30, 2016): Today’s updated release of Alberta’s sunshine list shows the NDP government, along with the previous government in charge, added 474 names to Alberta’s sunshine list while tens of thousands of Albertans were losing their jobs, the Wildrose Official Opposition said Thursday. According to the NDP government’s own data, in 2013, there […]

  • Expanded Sunshine List Means More Transparency

    Expanded Sunshine List Means More Transparency

    The Government of Alberta has updated and expanded its sunshine list to reflect staff salaries from 2015. Before the end of the day, nearly 150 agencies, boards and commissions are also required to post compensation paid to public-sector workers in 2015 to meet the legislated requirement. Government staff who earned more than $104,754 in the […]

  • Canada Post Takes Steps to Respond to Rapidly Deteriorating Business Situation

    Canada Post Takes Steps to Respond to Rapidly Deteriorating Business Situation

    OTTAWA, July 5 2016 – Canada Post has notified the Canadian Union of Postal Workers (CUPW) that it will be changing the terms and conditions of employment for all employees represented by the union starting Friday, July 8, 2016. The uncertainty caused by the prolonged negotiations and the union’s strike mandate is having a negative […]

  • Expanded CPP Will Lead to Reduction in Private Savings

    Expanded CPP Will Lead to Reduction in Private Savings

    And that means mess money for a home down payment, education upgrading, to cover emergencies and for your beneficiaries By Charles Lammam and Hugh MacIntyre, The Fraser Institute VANCOUVER, B.C. / Troy Media/ – Speaking to reporters on the newly minted “agreement in principle” to expand the Canada Pension Plan, federal Finance Minister Bill Morneau said “we […]

  • Dramatic Minimum Wage Hike Comes at a Time When the Economy Can Least Afford It: Wildrose

    Dramatic Minimum Wage Hike Comes at a Time When the Economy Can Least Afford It: Wildrose

    EDMONTON, AB: The announced timeline by the NDP government to implement a dramatic increase to the minimum wage comes at a time when our economy can least afford it and puts employment with our most vulnerable at risk, the Wildrose Official Opposition said. Labour Minister Christina Gray refused to release any type of economic analysis about […]

  • Minimum-Wage Plan Brings Hope to Hardworking Albertans

    Minimum-Wage Plan Brings Hope to Hardworking Albertans

    The province is mapping out the next steps toward a $15 minimum wage by 2018 following several weeks of consultation with Albertans. The increases to minimum wage will move nearly 300,000 hardworking Albertans closer to earning a living wage for their families and provide certainty to businesses. Alberta’s general minimum wage will rise $1.00 to […]

  • Brexit: What Took the Brits so Long to Leave?

    Brexit: What Took the Brits so Long to Leave?

    Brexit made one thing perfectly clear: nation-states and support of the national interest are not dead By Barry Cooper, Contributor, Troy Media LONDON, UK / Troy Media/ – Having been in the UK for the last 10 days of the Brexit campaign, the victory of the Brexiteers over the Remainians was expected. The debate pitched economics against […]