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5 Tips to Manage Your Cash Flow

[break] [break] [break] [break] [break] [break] [break] [break] [break] Cash is king—it’s a common saying in the business world. But surprisingly few entrepreneurs take steps to manage their cash flow so they don’t wind up with an empty bank account and nothing to pay the bills. “One of the main causes of business failure is poor cash flow management,” says Susan Rohac, Senior…
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How an Advisory Board can Boost Your Business

[break][break][break][break][break][break][break][break][break] Looking for an easy and inexpensive way to energize your business, boost sales and plan for the future? Here’s an often-overlooked idea: create an advisory board. Only a meagre 6% of Canadian entrepreneurs have an advisory board for their business, according to a survey this year by the Business Development Bank of Canada (BDC).…
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ATB to Meet Challenge Facing Business Bankers

Calgary – When it comes to being trusted advisors for business customers, financial institutions have work to do, the latest ATB Financial Business Beat Survey reveals. “Business owners often see their bank as a painful necessity rather than a real partner in their business,” says Wellington Holbrook, ATB’s Executive Vice-President, Business & Agriculture. “At ATB,…
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PM Announces the Naming of a Building in Honour of Jim Flaherty

90 Elgin Street to Become the James Michael Flaherty Building Ottawa, Ontario – Prime Minister Stephen Harper today announced that the Government of Canada building located at 90 Elgin Street in Ottawa will be named the James Michael Flaherty Building in honour of the former Minister of Finance who passed away on April 10, 2014. The…
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Alberta Forest Products Association Award Winners
AFPA Awards Dinner Recognizes Forestry Excellence Jasper, Alberta – At its 72nd Annual General Meeting and Conference, the Alberta Forest Products Association (AFPA) recognized the excellence of AFPA member companies, contractors, and employees. Awards were presented in several categories, including health and safety and lumber grading. An award in the Government of Alberta’s EnviroVista Program…
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Housing Construction Continues at Strong Pace

By Todd Hirsch, Chief Economist, ATB Financial Home builders in Alberta ended the summer of 2014 on a high note when construction started on a near record number of new homes. The Canada Mortgage and Housing Corporation reported yesterday that housing starts in Alberta totaled 47,105 in September. This figure is adjusted for seasonality, and…
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Healthy Growth of Alberta’s Economy to Continue in Q4

Edmonton – While growing tensions overseas have had a significant effect on economies around the world, Alberta will continue its healthy economic growth for the remainder of 2014 and beyond. This is the key finding of the ATB Financial Economics and Research Group in its latest Economic Outlook for Alberta. ATB projects 3.7 per cent…
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How to Avoid Business Failure

Southern Alberta entrepreneurs to benefit from new program in Okotoks Okotoks, AB – 80% of businesses in Canada will fail within the first three years. Two local organizations want to make sure Southern Alberta business owners don’t become part of that statistic. This fall, entrepreneurs in Southern Alberta have the opportunity to learn how to…
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Unconventional Industry Awards Innovative Thinking

Each year, at the Canadian Society for Unconventional Resources’ Fall Conference, the Sproule Innovation and Achievement Award is presented to an industry representative who has made significant contributions and accomplishments towards advancing the development of unconventional resources in Canada. Cameron Six, Vice President, Unconventional, for Sproule Associates (sponsor of the Award), is pleased to announce…
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AUMA Supports Big Cities Charter Framework

Edmonton – AUMA is pleased that the province has committed to moving forward on building the framework for the big cities charter. “We certainly recognize the unique requirements of the two big cities and support the need for their own powers beyond the MGA,” says AUMA President Helen Rice. “By building the framework for a…
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CRTC works with small business to stop malicious spam from being sent to Canadians

Ottawa-Gatineau – The Canadian Radio-television and Telecommunications Commission (CRTC) announced today that by working with a small Saskatchewan business, it has stopped malicious spam messages from being sent to Canadians. Millions of spam messages were unknowingly being sent from a server owned by a Saskatchewan-based computer reseller. In July 2014, the Spam Reporting Centre received…
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New Research Debunks Canadians’ Misconceptions about Agriculture

Majority of farmers adopting new & innovative technologies; almost half plan to expand operations Regina, October 8, 2014 – Farming in Canada is not what many Canadians think it is, according to Realities of Agriculture in Canada – A sector of innovation and growth, a new report from the Canadian Federation of Independent Business (CFIB).…
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The Impact of Investor Emotions

By Kim Inglis A BMO Psychology of Investing report revealed some worrisome data on investor emotions that included; two-thirds of those polled have not been in total control of their emotions when investing and; a majority of Canadians have invested on impulse at least once. That’s bad news for portfolios because investor emotions are 180…
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Company Website and Facebook Are Top e-commerce Tools for Canadian SMEs

Small and medium-sized enterprises identify customer demand for online promotion and sale platforms MISSISSAUGA, ON /CNW/ – According to a recent UPS Canada survey, the majority of small- and medium-sized enterprises (SMEs) agree that e-commerce plays an important role in their business (62 per cent). The first of two parts of the Small Business Challenges survey,…
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Senator Black Applauds Canadian Government on South Korea FTA and CETA

OTTAWA – Alberta Elected Senator Doug Black congratulates Prime Minister Harper on his recent advancements on free trade agreements with South Korea and the European Union and encourages quick implementation of both agreements. “These agreements represent a watershed in free trade for Canada and Alberta,” said Senator Black. “They are critically important for Alberta because…

