A non-profit organization that helps women get opportunities in skilled trades will receive $10 million from Alberta’s government, according to a news release issued by the Ministry of Advance Education on Thursday. “We are delivering on our promise to invest…
Tag: Alberta economy
Edmonton tech startup disappointed after UCP freezes investor tax credit program
An Edmonton startup company is worried about its future success since the province has frozen some programs ahead of the October budget. Yardly, a managed service marketplace that allows homeowners to order reliable snow removal and lawn care through monthly…
Kenney says consortium eyeing Alberta for $10B petrochemical investment
September 13 2019 9:40pm Premier Jason Kenney says an international consortium is looking at the Edmonton region as a potential home for a $10-billion petrochemical facility. Tom Vernon has the details. ‘ }); } else { var rel_id = svp.releaseInfo.contentId+””;…
Consortium eyeing Alberta for $10B petrochemical investment: Kenney
Premier Jason Kenney says an international consortium is eyeing up the Edmonton region for a prospective $10-billion investment in a new petrochemical facility. Kenney was to sit down with the proponents in Calgary on Friday afternoon. The premier didn’t name…
AUMA says MacKinnon report’s approach to infrastructure cost ‘gives us pause’
The head of the Alberta Urban Municipalities Association agrees with one part of the MacKinnon blue ribbon report that calls for a long-term capital spending plan that is sustainable and predictable. However, what the association that represents the cities and…
Calgary and Alberta continue to struggle with stagnant growth, job creation: reports
The economic challenges continue to weigh on Alberta with a bit of a step back in growth and job creation, according to two new reports. ATB Financial’s newest Alberta Economic Outlook forecasts 0.8 per cent real GDP growth for the…
Parkland Institute calls for Alberta sales tax
In what is being sold as the “alternative” to the government-commissioned MacKinnon Report, Parkland Institute is giving its own outlook on Alberta’s finances. The MacKinnon Report, released last Tuesday, said the province has a spending problem and needs to make…
Foreign share of production in Alberta’s oilsands falls from 33% to 16%, analysis shows
When it comes to talking about how the northern Alberta oilsands have lost their lustre for foreign investors, Satoshi Abe sounds a lot like his Canadian counterparts. “I think Canada itself creates significant barriers to new investment,” said the president…
Alberta panel says savings to be found in health, education changes
A panel looking into Alberta’s finances says the province habitually overspends on the services it delivers. The panel, chaired by former Saskatchewan finance minister Janice MacKinnon, says Alberta’s annual expenditures would be $10.4 billion less if the province were to…
Leduc launches new ad campaign to drum up business and job development
Leduc, the Alberta city just south of Edmonton, has launched a radio ad campaign to welcome business to the community. The ad highlights Leduc’s “unprecedented population growth, the lowest non-residential tax rate in the region, and being rated in the…