OTTAWA — Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal, now that the era of rock-bottom borrowing costs is gradually fading away.
Read more: https://bit.ly/2Jr1gsh
Monthly Archives: October 2018
Average pay hike of 2.6% predicted in 2019 for Alberta workers
A report released on Wednesday says the average pay increase for non-unionized Canadian employees is projected to be 2.6 per cent in 2019, up slightly from the 2.4 per cent average increase received this year.
Read more: https://bit.ly/2QelhoN
World’s Cheapest Natural Gas Market Could Be Facing A Shortage
A natural gas shortage in Canada is expected to last through the winter months, forcing gas users ranging from industrial forces to local governments to seek alternative fuel sources and strategies for slashing consumption and conserving the gas they have. The shortage stems from this month’s pipeline explosion near Prince George, British Columbia.
Read more: https://bit.ly/2Q6yUpP
Canada’s economy grows for 7th month with surprise gain led by oil and finance
Canada’s economy grew for a seventh consecutive month in August, led by crude oil and financial services, keeping the momentum going for higher interest rates.
Read more: https://bit.ly/2DgGX0H
Varcoe: Looming tax shift could be extra scary for Calgary businesses
City council spent much of Tuesday dealing with the fickle future of the 2026 Olympic bid, but it should be paying closer attention to a much bigger boulder rolling down the hill.
Read more: https://bit.ly/2yHj6my
Property owner faces thousands in fines after conviction for Alberta Fire Code violations
A local property owner, and secondary suite owner, was convicted in provincial court Monday for Alberta Fire Code violations.
Read more: https://bit.ly/2ERiwrV
U.S. Oil To Significantly Outperform This Year
On the morning of publication of the EIA-914 and EIA PSM reports today (October 31), providing US monthly oil production data for August 2018, Rystad Energy analysis indicates that the market should expect significant outperformance of US oil production compared to the EIA’s predictions.
Read more: https://bit.ly/2DeK2OB
Separate schools enjoying controlled growth
Enrolment at Christ the Redeemer Catholic Schools is like a nice new pair of pants — comfortable and with some room to grow.
Read more: https://bit.ly/2OgM8OY
Province selects new contractor for regional hospital
The Government of Alberta has chosen a new contractor for the Grande Prairie Regional Hospital project after firing former contractor Graham Construction in September.
Read more: https://bit.ly/2ADYltG
Councillors seek to step up funding for crosswalk improvements
Upgrades to hundreds of dangerous crosswalks across the city could happen sooner than anticipated if a plan to redirect photo radar revenue is found to be feasible, following a motion at city council’s community and public services committee on Wednesday.
Read more: https://bit.ly/2P31NH7