Category: Business/Finance

  • CFIB urges government to allow some TFWs in Canada to stay

    Letter calls for urgent action for TFWs awaiting permanent residence rulings Toronto – The Canadian Federation of Independent Business (CFIB) is calling on the federal government to take urgent action to ensure that recent changes to the Temporary Foreign Worker Program (TFWP) don’t result in severe hardship for would-be Canadians. New rules in the TFWP…

  • Postmedia to Acquire Sun Media’s English Language Newspapers and Digital Properties

    Postmedia to Acquire Sun Media’s English Language Newspapers and Digital Properties

    October 6, 2014 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today announced it has entered into a definitive agreement with Quebecor Media Inc. (“QMI”) to purchase Sun Media Corporation’s stable of 175 English language newspapers, specialty publications and digital properties (“Sun Media”), including the Sun chain of dailies, consisting of The Toronto…

  • Prentice Government to Review Agencies, Boards and Commissions

    Premier Jim Prentice today announced that government will, as promised, begin a review of all agencies, boards and commissions (ABCs) to ensure they are performing for Albertans. Premier Prentice has committed to merit-based appointments to ensure the right people are in the right jobs in all organizations associated with the Government of Alberta. The 52…

  • Albertans Invited to Discuss Changes to the Alberta Heritage Savings Trust Fund

    Albertans Invited to Discuss Changes to the Alberta Heritage Savings Trust Fund

    The Legislative Assembly of Alberta’s Standing Committee on the Alberta Heritage Savings Trust Fund invites the public to its annual meeting to discuss information about the $17.5 billion Fund. “The Fund belongs to all Albertans, and it benefits us in so many ways,” said Ron Casey, committee chair and MLA for Banff-Cochrane. “I encourage everyone…

  • Alberta Small Business Confidence Highest in Year and a Half

    [break][break][break][break][break][break][break][break][break] Shortage of labour remains biggest challenge; 53 per cent identify it as a constraint CALGARY, September 25, 2014 – According to the latest Business Barometer survey results released by the Canadian Federation of Independent Business (CFIB), small business confidence jumped 2.1 points in September to 73.8, the highest level for the index in a…

  • Economic Developers Alberta (EDA) Launches Unique Resource For Disaster Recovery

    Economic Developers Alberta (EDA) Launches Unique Resource For Disaster Recovery

    The “Recovery and Resiliency Roadmap; A Toolkit for Economic Preparedness” helps communities recover from and prepare for economic disasters September 29, 2014, Calgary AB – Economic Developers Alberta (EDA) is pleased to announce it has designed a unique resource to help community leaders prepare for and recover from economic disasters. The only resource of its kind in Canada.…

  • Alberta Business Owners Split on Changes to TFW Program

    Alberta Business Owners Split on Changes to TFW Program

    [break] Calgary – Alberta small and mid-sized business owners agree the Temporary Foreign Worker (TFW) program is a necessity, but appear split on recent changes to it. That’s according to the latest ATB Financial Business Beat survey, due for release next month. According to the survey, 72 per cent of Alberta small and mid-sized enterprises…

  • Digital Advertising An Essential Tool For Small Businesses

    Digital Advertising An Essential Tool For Small Businesses

    [break][break][break][break][break][break][break][break][break] Last year, a Business Development Bank of Canada study revealed that 84% of Canadians are connected to the internet, owning 2.6 internet-capable devices on average. Technology is transforming the way small business owners attract consumers and a digital presence has become essential, particularly one on both desktop and mobile. “A company that isn’t present…

  • Hefty Fine Levied for Calls Placed to Canadians on Do Not Call List

    Hefty Fine Levied for Calls Placed to Canadians on Do Not Call List

    [break][break][break][break][break][break][break][break][break] Thrift Magic pays $250,000 for calling Canadians registered on the National Do Not Call List September 17, 2014 – Ottawa-Gatineau – Canadian Radio-television and Telecommunications Commission (CRTC) The Canadian Radio-television and Telecommunications Commission (CRTC) announced today that Thrift Magic has paid a $250,000 penalty as part of a voluntary settlement over violations of the…

  • Costco Canada and Amercian Express Sever Relationship

    Costco Canada and Amercian Express Sever Relationship

    Costco Canada will not be accepting American Express credit cards after December 31st, 2014. The following statement was issued to the Costco membership in Canada by Lorelle Gilpin, Vice President, Marketing and Membership: The credit card relationship between American Express and Costco Wholesale Canada will not be renewed when it expires on December 31, 2014.…

  • Reasons why the Bank of Canada will keep interest rates low

    Reasons why the Bank of Canada will keep interest rates low

    The Bank of Canada announced on September 3rd, 2014 that it was holding its trend-setting overnight lending rate at 1 per cent. The overnight rate has not moved in four years. It’s likely that it will remain where it is for some time yet. Why? Inflation is on target — Inflation recently increased and is…

  • Canadian Industry magazine celebrates 100 years of Alberta energy with Imperial Oil

    Canadian Industry magazine celebrates 100 years of Alberta energy with Imperial Oil

    KITCHENER, ON /CNW/ – Interactive publishers Industry Media announced the release of the August/September issue of Canadian Industry Online (CIO) magazine, celebrating 100 years of Alberta oil. Imperial Oil, one of Canada’s largest oil companies, is the August/September issue cover. The August/September issue also includes keynote interviews with Cenovus Energy, Williams Canada, and Talisman Energy—companies…

  • Tim Hortons and CIBC Double Double Visa Card

    Tim Hortons and CIBC Double Double Visa Card

    First-of-its-kind technology allows clients to earn rewards and instantly redeem them for their favourite cup of coffee and other Tim Hortons menu items, all at the touch of a button TORONTO /CNW/ – CIBC (TSX:CM) (NYSE:CM) and Tim Hortons (THI: TSX;NYSE) launched the innovative new CIBC Tim Hortons Double Double Visa Card, in July of…

  • Wall Street Journal: Home Depot Confirms Data Breach

    Wall Street Journal: Home Depot Confirms Data Breach

    [weaver_iframe src=’http://online.wsj.com/articles/home-depot-confirms-data-breach-1410209720′ height=600 percent=100 style=”style”]

  • We’ve Got an App for That!

    We’ve Got an App for That!

    Harper Government launches first-ever CRA mobile app for small and medium-sized businesses. Vancouver, British Columbia – The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue, today took part in a roundtable with businesses to launch the first-ever mobile app for small and medium-sized businesses from the Canada Revenue Agency (CRA). The new…