By Staff The Canadian Press Posted December 6, 2019 4:20 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Alberta Premier Jason Kenney says the latest job numbers from Statistics Canada are disappointing, but…
Tag: Economy
Classic ‘50s diner near Calgary struggling to stay open
Marv’s Classic Soda Shop in Black Diamond is a popular vintage destination, but business slows to a near halt once the snow falls and the owner is worried the diner won’t be able to survive the winter. “From a historic…
Grizzly oilsands project approved, now awaiting pipeline capacity increases: developer
By Staff The Canadian Press Posted December 5, 2019 3:05 pm Updated December 5, 2019 3:06 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ The developer of a 12,000-barrel-per-day thermal oilsands project approved…
Finger-pointing at Alberta legislature over Moody’s credit rating
December 4 2019 8:11pm Politicians were playing the blame game at the legislature Wednesday. They were pointing fingers over who is responsible for a downgrade in Alberta’s credit rating. Breanna Karstens-Smith explains what the credit rating agency says. ‘ });…
Financial institutions like Moody’s ‘buying into’ European political agenda: Kenney
Jason Kenney fired back at Moody’s Investors Service Wednesday after Alberta’s credit rating was downgraded the day before. The international credit rating service had cited “a structural weakness in the provincial economy that remains concentrated and dependent on non-renewable resources…
CNRL 2020 budget rises by $250M on oil curtailment ease; putting more rigs to work
By Global News Posted December 4, 2019 10:04 am Smaller font Descrease article font size –A Larger font Increase article font size A+ Canadian Natural Resources Ltd. says its 2020 capital budget will be $250 million higher than last year…
Energy Exodus: Life in the Lone Star State for Canadians
Houston is the fourth-largest city in the United States, and 20,000 Canadians call the area home. Many of them are connected to the oil and gas sector. Jim Mochulsky, VP of the North American Supply Chain at Cole International, is…
Moody’s downgrades Alberta’s credit rating, Toews says NDP to blame
Finance Minister Travis Toews says the previous NDP government is to blame for Moody’s downgrading Alberta’s credit rating on Tuesday. “I was disappointed to hear that Moody’s has changed Alberta’s credit rating to Aa2 (stable) from Aa1 (negative) citing lack…
2,200 workers start on Trans Mountain pipeline expansion
December 3 2019 8:01pm Tuesday marked a major milestone in the construction of the Trans Mountain pipeline expansion. As Breanna Karstens-Smith reports, 2,200 employees got to work. ‘ }); } else { var rel_id = svp.releaseInfo.contentId+””; if( typeof gnca_social_share_collection[rel_id] !=…
CER forecasts oil and gas production will rise despite lower energy use per person
Slower growth in domestic fossil fuel consumption is expected over the next 20 years as Canadians use more renewable energy and cut their energy use per capita, according to a new forecast from the Canada Energy Regulator. But the CER…