Archive For The “EconomyMoney” Category

NB’ers learn to get their piece of the money pie

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NB’ers learn to get their piece of the money pie

A program was held at the Universite de Moncton on Sunday to help ensure New Brunswickers on a modest income receive as much as possible at tax time.The “Get your piece of the money pie” super-clinic was attended by Parliamentary Secretary to the Minister of National Revenue Kamal Khera and Service New Brunswick Minister Ed Doherty,…

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Uncertainty high ahead of Thursday’s annual Calgary Stampede chuckwagon auction

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Uncertainty high ahead of Thursday’s annual Calgary Stampede chuckwagon auction

Kurt Bensmiller uses an old expression when asked what he expects Thursday night during the annual chuckwagon canvas auction for the Calgary Stampede.“There’s lots of interest out there but everyone’s holding their cards pretty close to their chests,” says the 17-year veteran of chuckwagon racing.“With anything, it takes a little while before everybody really gets…

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Oil sector will still lose money in 2017: Conference Board of Canada report

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Oil sector will still lose money in 2017: Conference Board of Canada report

CALGARY – The Conference Board of Canada says the oil industry will continue to lose money for much of this year despite stronger financial conditions and the promise of new pipeline capacity. Story continues below Economist Carlos Murillo says the sector has narrowed losses since hitting rock bottom with an $11-billion overall loss in the…

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Saskatchewan tops ranking for mining investment: Fraser Institute

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Saskatchewan tops ranking for mining investment: Fraser Institute

A new report from the Fraser Institute is painting a rosy picture of mining in Saskatchewan.The report, released Tuesday, said Saskatchewan and Manitoba are the most attractive places in the world for mining companies to invest.READ MORE: PotashCorp Q4 profit hit by weak prices, low margins for fertilizers Story continues below Related Agrium and PotashCorp shareholders…

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London-St. Thomas housing market sees ‘best January ever’

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London-St. Thomas housing market sees ‘best January ever’

Residential sales figures released Thursday by the London and St. Thomas Association of Realtors (LSTAR) show January 2017 was the best January the local real estate market has seen in the 39 years the organization has been tracking sales data.According to LSTAR, a total of 574 homes were sold in the region last month, 26.2…

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Bank of Canada governor says economic forecasting can be improved at speech in Edmonton

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Bank of Canada governor says economic forecasting can be improved at speech in Edmonton

Canada’s top banker says the central bank’s approach to inflation targets has been working reasonably well, but there are gaps that could be addressed with the development of new computer economic models.Bank of Canada governor Stephen Poloz said the bank has been pursuing inflation targets for 25 years, and the average rate of inflation has…

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Alberta’s Keystone Excavating Ltd. shutting down after 35 years

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Alberta’s Keystone Excavating Ltd. shutting down after 35 years

Keystone Excavating Ltd. has announced it is closing its doors, saying it can’t continue to provide the same quality of work “within the macro business environment in Alberta.”“The macro business environment has everything to do with gratuitous government policy, increasing cost of doing business in Alberta, and lack of consumer and investor confidence,” the company…

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AltaGas buying U.S.-based power and pipeline company in $8.4B deal

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AltaGas buying U.S.-based power and pipeline company in $8.4B deal

AltaGas Ltd. is buying U.S. power and utility company WGL Holdings Inc. in a deal worth C$8.4-billion as it looks to expand and diversify its energy infrastructure portfolio in North America.To pay for the deal, the Calgary-based company (TSX:ALA) has also announced $2.5 billion in financing, and plans to offer debt, preferred shares and some…

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Edmonton Catholic board considers reinstating school fees

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Edmonton Catholic board considers reinstating school fees

The Edmonton Catholic School Board will discuss bringing back school fees at its Tuesday meeting.An agenda posted online shows a recommendation that the board “reinstates the collection of school fees using the guidelines set forth in Draft Administrative Policy and Regulation 130- Publicly Funded Basic Education and Additional Fees commencing Sept. 1, 2017.”In March 2016,…

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City council contemplates changing bylaw to extend Northlands’ debt payments

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City council contemplates changing bylaw to extend Northlands’ debt payments

City council is considering allowing Northlands until March 2018 to make the next payments on the $48-million loan it owes the City of Edmonton by making changes to a bylaw.The first reading was passed Tuesday to amend Bylaw 15075 which would allow deferral of up to four loan payments.A city bylaw amendment suggests: “The loan repayment schedule…

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