Category: Business/Finance

  • Restaurant Search App Zomato Makes Landmark Acquisition of Urbanspoon to Fuel Global Expansion

    Restaurant Search App Zomato Makes Landmark Acquisition of Urbanspoon to Fuel Global Expansion

    SEATTLE /CNW/ – (Monday) Zomato, a leading restaurant search app, announced it has acquired IAC-owned Urbanspoon in one of the largest purchases ever of a U.S.-based consumer Internet company by an Indian startup. The strategic deal marks Zomato’s entrance into North America and strengthens its position as a premiere destination for millions of people around…

  • Target Corporation Announces Plans to Discontinue Canadian Operations

    Target Corporation Announces Plans to Discontinue Canadian Operations

    Target Canada takes steps to ensure a fair and orderly exit, seeks Court approval to begin liquidation process under the CCAA Company provides update on fourth quarter performance in the U.S. MINNEAPOLIS, Jan. 15, 2015 /CNW/ – Today Target Corporation (NYSE:TGT) (the “Company”) announces that it plans to discontinue operating stores in Canada through its…

  • Premier Prentice to Discuss Alberta Energy and Market Access in Texas

    Premier Prentice to Discuss Alberta Energy and Market Access in Texas

    Premier Jim Prentice will travel to Houston to meet with energy executives and participate in an event celebrating Canada’s contribution to energy security. While in Texas, Premier Prentice will meet with oil and gas executives to discuss the current economics of the energy sector. “Our government is focused on enhancing market access for our resources.…

  • Alberta Strengthens Relationships with Key U.S. Partners

    Sharing Alberta’s responsible energy development record, increasing market access and discussing infrastructure opportunities top the agenda as three MLAs take part in a series of meetings in the United States starting January 13. Cal Dallas, MLA for Red Deer-South, Alana DeLong, MLA for Calgary-Bow and Cathy Olesen, MLA for Sherwood Park will participate in forums…

  • ATB: Fewer AB Biz Owners Optimistic About Province’s Economy

    ATB: Fewer AB Biz Owners Optimistic About Province’s Economy

    Calgary – Alberta small and mid-sized business owners and operators (SMEs) seem to agree with ATB Financial Chief Economist Todd Hirsch’s prediction that the province’s economy could be in for a bumpy start to 2015. The latest ATB Business Beat Economy Index, which measures optimism among Alberta’s SMEs, fell to a low of 44.5. A…

  • Polytechnics Canada welcomes launch of the Canada Apprentice Loan

    Polytechnics Canada welcomes launch of the Canada Apprentice Loan

    VANCOUVER /CNW/ – Polytechnics Canada welcomes the launch by the Prime Minister and Minister Jason Kenney of the new Canada Apprentice Loan, announced (Thursday) at the British Columbia Institute of Technology (BCIT) in Vancouver. BCIT, a founding member of Polytechnics Canada, provides the technical training to over 5,100 apprentices in 23 skilled trades programs each…

  • GRPF: “In the Trenches” Workshops Announced by Community Partnership

    GRPF: “In the Trenches” Workshops Announced by Community Partnership

    A community focused partnership is offering “In the Trenches” workshops aimed at providing local non-profit organizations and small businesses with practical skills they need to succeed. The partners include Bow Valley College (BVC) in Cochrane, the Calgary Regional Partnership (CRP), Community Futures Centre West (CFCW) and Glenbow Ranch Park Foundation (GRPF). “These sessions follow the…

  • Statement from Premier Jim Prentice on the Nebraska Supreme Court Ruling

    Statement from Premier Jim Prentice on the Nebraska Supreme Court Ruling

    Premier Jim Prentice issued the following statement after the Nebraska Supreme Court upheld a state law granting the governor the authority to approve the Keystone XL route through the state: “Today’s ruling in Nebraska clears the path for approving the Keystone XL pipeline. “This ruling clarifies the regulatory process in Nebraska allowing the State Department…

  • NPR: House OKs Keystone XL Pipeline Despite Obama Veto Threat

    NPR: House OKs Keystone XL Pipeline Despite Obama Veto Threat

    [iframe src=’http://www.npr.org/blogs/thetwo-way/2015/01/09/376085863/nebraska-supreme-court-clears-way-for-keystone-xl-pipeline’ height=600 percent=100 style=”style”]

  • How Slow Can It Go? An Update on Alberta’s Economy in 2015

    How Slow Can It Go? An Update on Alberta’s Economy in 2015

    Edmonton – Alberta’s economy has been riding high for more than four years. Now, with low and volatile oil prices, the question is: How slow will the economy go? ATB Financial’s Chief Economist Todd Hirsch is answering that question with findings from the latest ATB Economic Outlook. Released today, it summarizes research on Alberta’s most important sectors, covering…

  • New ATB Financial Open in Black Diamond ~ Junior!

    New ATB Financial Open in Black Diamond ~ Junior!

      On November 20th, 2014, a new branch of ATB Financial opened in Black Diamond. This new branch operates out of C. Ian McLaren School and is called McLaren Junior ATB Branch. The branch is open to all McLaren elementary students and deposits made during the weekly operating hours are then transferred to savings accounts,…

  • Premier Prentice Comments on Latest Keystone XL Developments

    Premier Jim Prentice issued the following statement after the White House said U.S. President Barack Obama would veto Keystone XL pipeline legislation: “I continue to be encouraged by the level of broad public and bipartisan support in the United States that is developing around the Keystone XL pipeline project. “Alberta is committed to responsible energy…

  • The Canada-Alberta Job Grant and Bow Valley College

    The Canada-Alberta Job Grant and Bow Valley College

    If you are an Alberta Employer with an interest or need to develop the skillset of your workforce, the Canada-Alberta Job Grant, in partnership with Bow Valley College, can help to develop your employee’s skillsets. The Job Grant enables funding to help address skills mismatches and ensures that your employees are being trained in high-demand…

  • Recruiting In-Demand, Skilled Immigrants to Canada

    Recruiting In-Demand, Skilled Immigrants to Canada

    Express Entry will contribute to Canada’s economic growth and international competitiveness Ottawa — Canada’s Citizenship and Immigration Minister Chris Alexander today celebrated the successful launch of Express Entry – a highly anticipated new application management system designed to get people with the skills to succeed in Canada’s economy here faster than ever. Starting today, skilled…

  • Direct Energy Regulated Services Announces Natural Gas Rates for January 2015

    Direct Energy Regulated Services Announces Natural Gas Rates for January 2015

    CALGARY, Alberta, Jan. 2, 2015 /CNW/ — Direct Energy Regulated Services has announced default natural gas rates for January 2015. These rates will apply to customers who have not chosen a competitive supplier within the ATCO Gas North and South service territories. The rates have been verified by the Alberta Utilities Commission. North Service Territory…