As Alberta’s economy continues its slow recovery, people in the province are starting to buy more cars and trucks.
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Monthly Archives: June 2017
As Alberta oil production ramps up, worries grow about a ‘pipeline pinch’
Call it the pipeline pinch, or maybe the Keystone quagmire.
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$20B oilsands mine proposal welcomed by Fort McMurray but not its plan to fly in workers
A company’s plan to construct a new $20.6-billion oilsands mine is being seen as a potential boost for Fort McMurray’s ailing economy.
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Is A Big Move In Oil Prices Due?
In options trading, a straddle is literally a sit-on-the-fence strategy. By purchasing a put and a call at the same strike (price of underlying commodity) for the same time period, an investor isn’t making a conventional directional bet; rather the investor is looking for a big move either up or down. The rub is that the big move must be greater than the sum of the two option premia or the bet goes south. But that is in the nature of the trade.
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Edmonton council rejects first tower since 2009
Edmonton’s city council turned down its first tower in eight years Wednesday as it sent a 28-storey proposal for Grandin back to the drawing board.
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Canopy Growth to build Edmonton’s first medical marijuana production plant
Canada’s largest medical marijuana company is planning to construct Edmonton’s first cannabis production facility to supply the therapeutic and coming recreational markets.
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Gap Wireless Opens Calgary Distribution Warehouse Serving Western Canada
MISSISSAUGA, ON, June 28, 2017 /CNW/ – Gap Wireless, a leading distributor of products and services for the mobile broadband and wireless markets, announced today it has opened an 8,000 square foot warehouse in Calgary, Alberta to support its distribution business in Western Canada. The warehouse, located in close proximity to the Calgary airport, stocks the full range of Gap Wireless partner vendor products including mobile wireless carrier infrastructure solutions, Test & Measurement equipment, fiber/Ethernet/datacom solutions, and Unmanned Aerial Vehicles (drones).
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Water Tower Down, Remediation Continues
Work is continuing at the site of the old High River water tower.
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Council one step closer to rezoning the King of Kings site
City council has given third reading to a bylaw that would allow a potential hotel in Erin Ridge North.
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Council discusses commuters at oilsands project, approves utility rates hike
Wood Buffalo councillors spent Tuesday night approving annual utility rate hikes for the next five years and pushing Teck Resources Ltd. to hire local for its new Frontier mine.
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