Small business owners are speaking out about a major challenge facing some entrepreneurs amid the COVID-19 pandemic. Vinesh Pratap spoke with SVPT Fitness + Athletics owner Shara Vigeant about the challenge of paying the rent to her commercial landlord when…
Tag: Business
Oilsands companies in the red as blended bitumen price dips below $4 per barrel
Oilsands producers are likely losing money or barely breaking even as prices for Western Canadian Select bitumen-blend crude dipped as low as US$3.82 per barrel on Monday, analysts said. Realized prices for bitumen likely crossed into negative territory as they…
Local Edmonton restaurants and businesses worry they won’t survive COVID-10 pandemic
The end of the month is fast approaching and bills need to be paid. Traffic is down and many Edmonton restaurants and businesses have had to lay off staff. As Fletcher Kent explains, businesses are desperate for customers to support…
A look at how travel restrictions are affecting Edmonton International Airport: ‘It’s quiet’
It is eerily quiet at the Edmonton International Airport these days. Travel restrictions have tightened up around the world in the fight against COVID-19 and as a result, many airports are, naturally, seeing a major slowdown. “People aren’t travelling much,”…
Canadian environmental groups, unions, churches ask that potential oil bailout be for families, not companies
Some Canadian organizations are asking the federal government to focus any bailout of the oil industry on workers and families, not corporations. The request comes in an open letter to Prime Minister Justin Trudeau, released Tuesday morning and signed by…
As buildings empty, Downtown Business Association asks Edmonton police for more patrols
The Downtown Business Association is calling for the Edmonton Police Service to do more patrols in the city’s pedway system now that things have gotten very quiet with workers vacating office towers and opting to work at home. “We have…
Edmonton mall still open, but few businesses operating inside
March 23 2020 8:10pm While social distancing and staying home continues to be the message for Albertans, businesses are trying to navigate the new normal. As Lisa MacGregor reports, some business owners are in a tough spot when it comes…
Canmore mayor says tourist town seeing mass temporary layoffs over ongoing COVID-19 crisis
Canmore Mayor John Borrowman is no stranger to emergencies. He helped lead the tourist town through the devastating floods of 2013. But he admits the current health crisis facing the world because of COVID-19 is unlike anything before. “In many…
CNRL cuts spending, salaries as more oil producers trim capital plan
Oilsands giant Canadian Natural Resources Ltd. is joining a lengthening list of oilpatch players who are cutting 2020 capital spending due to the COVID-19 pandemic and plunging oil prices. After markets closed Wednesday, it said it will cut its capital…
Coronavirus: Alberta employers and workers welcome government help, but remain worried
Business owners and employees in the Edmonton area say they are relieved to see promises of help coming from Canadian governments. They need it. Colleen Pushor owns Caprice Cleaning in Sherwood Park. In the last few days about a third…