SLAVE LAKE — On the front lines of Alberta’s war against the mountain pine beetle, the weapons are chainsaws and biological data.
Read more: http://tinyurl.com/jwf4qxw
Monthly Archives: May 2013
The Top 1% Now Controls 39% Of The World’s Wealth
The wealthiest 1 percent now control 39 percent of the world’s wealth, and their share is likely to grow in the coming years, according to a new report.
Homeowner frustrated over suspected drug house
A Calgary homeowner says she is frustrated that a suspected drug house continues to operate in her neighbourhood despite repeated complaints to city officials.
Read more: http://tinyurl.com/kmg8l72
Calgary’s CORE shopping centre honoured
If you haven’t visited the CORE lately, it is well worth your while to see what has happened to the city’s downtown shopping centre in the heart of Calgary.
Over the last few years, the mall has completed substantial multi-million dollar renovations which have included an impressive new Devonian Gardens, new stores and its most spectacular feature, which is a massive skylight that literally takes your breath away.
Read more: http://tinyurl.com/mqprrs5
Alberta business owners upbeat about prospects for growth
CALGARY — Alberta business owners are upbeat about their province’s prospects for growth, says a survey released Friday by BMO.
Read more: http://tinyurl.com/mk9le82
The American Oil Boom Has Been Massive For The American Rail Industry
I am impressed by soaring oil production in the US, which rose to a new cyclical high of 7.3mbd in mid-May. This output boosts industrial production. It also has been a windfall for the railroad industry where weekly car loadings of petroleum and chemical products has soared 41% over the past four years to a record high of 43,085 units in mid-May. That activity is helping to stoke the forward earnings of the S&P 500 Railroads into record territory.
Read more: http://tinyurl.com/k284ght
Canada recovers from sluggish second half of 2012 with strong first quarter
(Reuters) – Solid exports helped Canada’s economy grow at a higher-than-expected annualized rate of 2.5 percent in the first quarter, the fastest pace in six quarters, after a sluggish second half of 2012, Statistics Canada said on Friday.
Read more: http://tinyurl.com/lxkvo3t
Claims that Canada loses billions in oil revenue are bogus, economists say
WASHINGTON – Politicians call it the “double discount” and it’s supposed to be costing Canada billions of dollars in lost oil revenues.
Last December, Natural Resources Minister Joe Oliver told a New Brunswick audience Canada was losing “$50 million every single day —$18 to $19 billion every year.”
Read more: http://tinyurl.com/llv46jq
OPEC agrees to keep oil output target unchanged
OPEC oil exporters, basking in the market’s equilibrium, agreed to leave output policy unchanged on Friday as oil held around the group’s preferred level of $100 (U.S.) a barrel.
Read more: http://tinyurl.com/mc7le8c
Plenty of competition will greet Alberta’s bitumen on U.S. Gulf Coast
EDMONTON – Alberta is counting on pushing out foreign suppliers of heavy oil when large amounts of oilsands crude start hitting the U.S. Gulf Coast, but it will face stiff competition and may not even be welcome at some upgrading refineries.
Read more: http://tinyurl.com/m4478jx