EDMONTON – The Alberta government says it will give preference to Fort McMurray businesses when it awards contracts to rebuild the fire-ravaged community.
Read more: http://tinyurl.com/hqdgtvv
Monthly Archives: May 2016
Town provides update on recent trail work controversy, DBA responds
The work being done within Devon’s river valley has been a contentious topic almost from the word go.
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Devon council briefs
The Monday, May 24 meeting of Devon’s town council began with a resolution regarding the upcoming Alberta Urban Municipalities Association (AUMA) convention.
Read more: http://tinyurl.com/h5ftwkd
New Edmonton Greyhound terminal ready to open at the end of the month
Buses and trains will be sharing real estate in Edmonton come the end of the month.
Read more: http://tinyurl.com/ham5kxp
Calgary ‘unidriveways’ rearing ugly paved heads all over city
Extended driveways – remember those?
Read more: http://tinyurl.com/jfbaf2r
Alberta employment numbers hold steady in March
Employment in Alberta held steady in March, according to new data from Statistics Canada.
Read more: http://tinyurl.com/zvfekhg
Edmonton neighbourhoods seeking covenants to prevent lot splitting
Edmonton Mayor Don Iveson said residents signing restrictive covenants to prevent infill developments in their neighbourhood should think twice, but also conceded there’s nothing the city can or should do to stop them.
Read more: http://tinyurl.com/h9oaq2b
Self-sufficiency, common sense vital for returning residents: Couture
While the planned June 1 return to Fort McMurray remains on track, Bob Couture, Wood Buffalo’s director of emergency management, warned anyone preparing to go back early to be self-sufficient and use common sense.
Read more: http://tinyurl.com/hlpyjqm
Saudi Officials Crackdown On FX Market As Currency Peg Starts To Strain
As we warned previously, the devaluation, or breaking of the Saudi Riyal peg to the dollar, could be the black swan event for crude oil and the recent weakness in SAR forwards – while not as violent as Nigeria’s Naira – certainly signals a renewed market fear that breaking the peg is imminent. It appears Saudi officials are none too pleased with the free markets speculating on this devaluation and as Bloomberg reports, banks in Saudi Arabia are coming under fresh pressure over products that allow speculators to bet against the kingdom’s currency peg, according to people with knowledge of the matter, which were supposedly banned in January.
Read more: http://tinyurl.com/h5yk7qn
Canada’s Oil and Energy Industry Remains Positive about the Future Despite Increasing Market Volatility
CALGARY, May 26, 2016 /CNW/ – Despite drastically reduced commodity prices, a changing political climate, and the inability to access new markets for Canadian oil products Canada’s oil and energy sector remains positive about its global position as it adapts to new market realities that depend on collaboration between industry, government, special interest groups, and the general public. Adaptability in a shifting landscape are the focus of PwC’s annual report; Energy Visions: Customers, Carbon, and Costs, A New Business Model Now?
Read more: http://tinyurl.com/j2yyahh