Construction is underway on a second Marriott hotel at the Edmonton International Airport near what is thought to be the site of a future Costco store.
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It took years of planning, paperwork and millions of dollars, but GrenEx Pharms Inc. has finally received a licence from Health Canada and is now Edmonton’s first medical cannabis grow operation.
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Alberta’s transportation minister says design work is underway to widen the southwest Anthony Henday Drive, but no date has yet been set for construction.
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Construction crews have started work on a project to rehabilitate and restore the former Centennial Planetarium in Calgary to become a new multi-use cultural and arts space.
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With new oilsands megaprojects commencing operations in the next few months, the amount of oil traveling on rail lines could escalate, especially as construction of new pipelines is delayed.
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Real gross domestic product (GDP) edged down 0.1% in August, after being essentially unchanged in July. Declines in manufacturing and mining, quarrying and oil and gas extraction more than offset increases in most sectors (12 out of 20).
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The oil and gas industry is hiring more than it’s letting go for the first time in three years, a new report from recruitment firm NES Global Talent and Oilandgasjopbsearch.com shows. This is the latest sign of recovery in oil and gas after the 2014 price crash, reinforcing the belief that a lot of oil and gas companies have successfully adjusted to the new level of oil prices, which is still more than 50 percent below the 2014 highs.
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Residents are invited to give feedback on two options for the Muskoseepi Skatepark expansion.
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CALGARY, Oct. 31, 2017 /CNW/ – WestJet (TSX: WJA) today announced its third quarter results for 2017, with record net earnings of $138.4 million, or $1.18 per fully diluted share, as compared with the net earnings of $116.0 million, or $0.97 per fully diluted share reported in the third quarter of 2016, up 19.4 per cent and 21.6 per cent, respectively. WestJet achieved its 50th consecutive quarter of profitability and flew an all-time quarterly record of 6.5 million guests. Based on the trailing twelve months, the airline achieved a return on invested capital of 10.2 per cent, up compared to the 9.8 per cent reported in the previous quarter.
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Snow is forecast, and construction is not complete. But Lethbridge residents should still be able to enjoy most of their new Legacy Regional Park next summer.
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