Taxpayer dollars will go to financially struggling city-run golf courses

Financially struggling city-run golf courses will be getting some help from taxpayers next year.

Council voted Wednesday to scrap the mandate for civic golf courses to turn a profit while politicians also agreed to help them with expenditures to the tune of about $200,000 in 2013, and $400,000 in 2014.

Read more:  http://tinyurl.com/brsmlhv  

2015 start date for proposed CO2 pipeline

A proposed pipeline that would carry carbon dioxide from east of Edmonton to Central Alberta should be operating by the middle of 2015, says the CEO of the company behind the project.

“We should start seeing some construction occurring in 2013, but the pipeline itself . . . would probably be in 2014,” said Susan Cole of Enhance Energy Inc.

Read more:  http://tinyurl.com/cp2vtj7  

Update: Council passes budget with 5.5 per cent tax hike

Twice before, Mayor Naheed Nenshi had chaired budget debates with a keenness to trim but opposed by a council majority often fond of the city hall programs on a would-be chopping block.

But having judged that enough trimming had been done in his first two years, the mayor joined his colleagues in this week’s 2013 budget debates to increase a little, preserve the rest and bring in a 5.5-per-cent property tax hike.

Read more:  http://tinyurl.com/cowjzpr  

Service side of the oilsands ready for boom, Edmonton symposium hears

EDMONTON – Despite concerns about pipeline constraints and the risk of falling oil prices, Alberta’s energy sector is still a great place for investment, the Sequeira Energy Services Symposium was told Wednesday.

And foreign firms are buying, looking for both local oilfield technology and innovation tools that they can take to world markets, as well as companies that are undervalued when compared to larger firms with international operations.

Read more:  http://tinyurl.com/btrur7q  

Edmonton to spend $100,000 to study suitability of hosting world triathlon at Hawrelak Park lake

EDMONTON – Edmonton will spend $100,000 assessing the Hawrelak Park lake as it considers taking a run at hosting the 2014 World Triathlon Series Grand Final.

The money approved by city council Wednesday will pay for preliminary studies of what upgrades are needed in the lake, which is considered shallow, murky and too small for an ideal triathlon swim course.

Read more:  http://tinyurl.com/cshqvzp  

2nd submission for civic tower unlike anything else in Edmonton

I’m off for a week on vacation, but I couldn’t resist coming back to post this submission for possible new civic office tower downtown. It’s a flat-iron shape with a series of gardens bringing public space and great airflow into the office tower.

Read more:  http://tinyurl.com/cdbgx45

High demand means world needs all of Canada’s oil: IEA

Global demand for crude is growing so strongly that the world needs “every single drop of Canadian oil,” the International Energy Agency’s chief economist said on Monday, playing down fears that growing U.S. production could hit Canadian exports.

Fatih Birol said that even if U.S. output rises as much as the agency expects, the country would still need to import four million barrels a day and that Canada is an obvious supplier.

Read more:  http://tinyurl.com/c2sfpml  

22 football fields large, Target distribution centre to open near Balzac

CALGARY — Target Canada will open its massive 1.3 million-square-foot distribution centre in Rocky View County, in the Balzac area, in January and will employ hundreds of workers as the facility will service the company’s stores in Western Canada, the Herald has learned.

Colin Yankee, senior director for supply chain logistics for Target Canada, said the facility is located between Stoney Trail on the south and Highway 566 on the north on High Plains Boulevard, just east of the CrossIron Mills shopping centre.

Read more:  http://tinyurl.com/cp347td