Higher oil prices are expected to boost cash flow for the large Canadian crude producers as they roll out second-quarter results beginning next week, but analysts say the extra money is unlikely to be added to growth budgets. Canadian oil…
Tag: Money
City of Edmonton spent $600M over 5 years on consultant fees
July 15 2019 2:21pm Edmonton city councillor Aaron Paquette calls it “frankly flabbergasting”: an average of $10 million a month spent on consulting. He sits down with Jennifer Crosby to talk about his calls for review. ‘ }); } else…
Financial travel tips and budgeting for a vacation with Servus Credit Union
July 13 2019 11:40am Thinking about a vacation but worried you’re going to break the bank? Tenaura Seon from Servus Credit Union shares some financial travel and budgeting tips. (Sponsored by Servus) ‘ }); } else { var rel_id =…
Edmonton entrepreneurs offer praise and frustration as they seek business classification rule changes
July 11 2019 8:10pm Entrepreneurs in Edmonton are offering some praise for a bureaucracy looking to evolve with changing times. But as Vinesh Pratap reports, there’s also frustration about not going far enough. ‘ }); } else { var rel_id…
New concerns raised about spending at Edmonton City Hall
July 11 2019 8:08pm Is the city spending Edmonton’s taxpayer dollars wisely? One councillor doesn’t think so and he says everyone should be frustrated. Kendra Slugoski reports. ‘ }); } else { var rel_id = svp.releaseInfo.contentId+””; if( typeof gnca_social_share_collection[rel_id] !=…
Councillor wants Edmonton to address what he believes is inefficient city spending
With belt-tightening needed by Edmonton City Council to weather coming fiscal headwinds, Councillor Aaron Paquette wants to take a closer look at whether the city can’t manage its resources more efficiently. Paquette spoke to Global News on Thursday about his…
Cenovus produces one billionth barrel from oilsands operations in northern Alberta
Cenovus Energy Inc. says its thermal oilsands operations in northern Alberta produced their one billionth barrel of bitumen on Wednesday. The milestone comes about 18 years after Cenovus’ Foster Creek facility was launched in 2001 as the first commercial oilsands…
Keystone XL pipeline opponents again seek to block construction
Opponents of the Keystone XL oil pipeline asked a judge to again block construction of the USD $8-billion project after U.S. President Donald Trump issued it a new permit. Attorneys for environmental groups made the request Wednesday in a lawsuit…
Alberta oil and gas CEOs say combination of high dividend yields and sliding shares are spooking investors
Mid-sized Alberta oil and gas producers say their share prices have fallen so low that investors are starting to worry their rising dividend yields are becoming unsustainable. The irony is that his Calgary-based company has no intention of reducing its…
Plains Midstream proposes expansion of pipeline system that leaked 7 years ago
A pipeline company that was fined $1.3 million in 2014 after pleading guilty in two separate Alberta oil spills is announcing plans to expand its Canadian system. READ MORE: Plains Midstream pleads guilty, fined $1.3 million for two oil spills…