Regional divergence to diminish
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The NDP is hoping to rebuild Alberta’s economy, literally, as it ramps up infrastructure spending to soften the impact of sagging oil prices.
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East downtown residents are getting word they could one day have a record-breaking neighbour.
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A former Concrete Equities executive charged with fraud and theft after bilking 1,200 investors out of more than $20 million has pleaded guilty to his role in the scam but will not likely spend any time behind bars.
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A controversial proposal to redevelop a former nine-hole golf course in Calgary’s northeast into a 716-unit housing development is scheduled to be debated at city council next week.
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Town council was informed that construction on 44th Avenue, where the August watermain break occurred, is going to be redone next spring.
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The final link in Anthony Henday Drive will open to traffic on Saturday afternoon, after a grand opening marking the first ring road in Alberta to be completed.
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Agents say the decline is modest compared with 2009, but the city-state remains an emerging market at the whim of outside influences
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Mayor Naheed Nenshi and the heads of the public and catholic school boards want future school sites to house more than just schools.
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- WTI rallied to a weekly high of $48.32 mid-day Thursday following OPEC’s announcement that it will agree to limit production to between 32.5m bpd and 33m bpd at their November meeting. While the signal of cooperation between members with dire finances and opposing involvement in violent conflicts in the Middle East and North Africa was a rightful bullish jolt to oil, the real heavy lifting of devising a plan of shared sacrifice between ideological opponents at time of extreme fiscal stress still lies ahead. By Thursday afternoon WTI’s rally had cooled somewhat with futures trading near $47.70 and the market already had a signal that cooperative cuts would be difficult to achieve as Iraqi leadership very publicly questioned the use of secondary source output estimates in determining output quotas.
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