Archive For The “EconomyMoney” Category

Saskatchewan wholesale trade numbers on the rise

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Saskatchewan wholesale trade numbers on the rise

Saskatchewan’s wholesale sector continues to grow, according to a national study.Statistics Canada reported on Tuesday that wholesale sales jumped 1.4 per cent during March when compared to the previous month. Story continues below Related Saskatchewan’s wholesale trade trends down in 2016 Canada to drop out of top 20 economies by 2050: PwC report READ MORE: Traffic…

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‘Bad faith’ evictions may be on the rise in Hamilton: tenant group

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‘Bad faith’ evictions may be on the rise in Hamilton: tenant group

The Hamilton Community Legal Clinic says area landlords are increasingly using a tactic called “own use” in order to get higher rents.That’s when a landlord falsely tells a tenant to vacate the unit because they need it for a family member who will be moving in. But the landlord turns around and rents it out again…

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New Champion Petfoods facility to create hundreds of jobs in Parkland County

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New Champion Petfoods facility to create hundreds of jobs in Parkland County

A new pet food facility announced west of Edmonton in Parkland County is expected to create about 340 construction jobs and another 200 jobs at the plant itself.Alberta-based Champion Petfoods LP is building a new state-of-the-art, custom-fitted “kitchen” to produce Acana and Orijen dog and cat food. Story continues below Related Alberta’s Top 70 employers…

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Ford to build new auto parts warehouse and distribution centre south of Edmonton

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Ford to build new auto parts warehouse and distribution centre south of Edmonton

One of the world’s auto-manufacturing giants is planning to build a new automotive parts warehouse and distribution centre south of Edmonton in a move expected to generate about 200 jobs for the region.The Ford Motor Company plans to open the 400,000 square-foot facility in the Leduc Business Park in the fall of 2018, according to…

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Number of gas stations in Canada grew in 2016

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Number of gas stations in Canada grew in 2016

The number of gasoline stations in Canada grew for the second consecutive year in 2016 after a 10-year decline that resulted in the loss of one in five outlets.The Kent Group’s annual census showed a net increase of 15 outlets in 2016, taking the total to almost 12,000 or about three stations for every 10,000…

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Calgary council wants to see budget with 0 to 2% tax hike in November

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Calgary council wants to see budget with 0 to 2% tax hike in November

After several hours of debate, Calgary city council has asked administration to come back with a budget in November 2017 that allows for a property tax increase of between zero and two per cent.Four councillors opposed a tax hike, some even calling for a tax decrease.Councillor Joe Magliocca said Monday that in tough times, families…

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Edmonton city council deciding on proposal to repair crumbling back alleys

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Edmonton city council deciding on proposal to repair crumbling back alleys

City council will debate Tuesday on whether to increase funding to fix Edmonton’s back alleys.City administration has presented two options for an Alley Renewal Program: the “medium” option would be $18.4 million annually, while the “medium-high” option would cost $20 million per year. Both options aim to get back alleys to the desired standard within 25…

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University of Regina students grapple with tuition increases, budget cuts

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University of Regina students grapple with tuition increases, budget cuts

Reduced funding of $7 million by the provincial government has forced the University of Regina to make some serious cuts to their staff and services.Student Union president Jermain McKenzie says students are also feeling the impact of the cuts. Story continues below “The government or the university administration don’t live with those realities — they’re…

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Investors Group is the latest employer to announce layoffs in Manitoba

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Investors Group is the latest employer to announce layoffs in Manitoba

WINNIPEG — Investors Group is the latest prominent Manitoba employer to announce job cuts.The company is eliminating 80 positions across the country including 30 in Winnipeg, trimming its Manitoba workforce by two per cent.“It’s a competitive world and my job as the CEO of this company is to make sure we have a long-lasting competitive…

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Precision Drilling reports higher rig demand but lower pricing in Q1

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Precision Drilling reports higher rig demand but lower pricing in Q1

CALGARY – One of Canada’s largest oil and gas drilling companies is seeing renewed demand for its services but at lower prices.Calgary-based Precision Drilling says it activated 17 rigs in its U.S. fleet, bringing the total to 56.Precision Drilling also had 91 active rigs in Canada at the end of the quarter, up from 50…

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