By 2020, the unemployment rate should fall to sub-6%, a level more in line with full employment: TD Economics
Read more: https://bit.ly/2QOd4Z4
Category Archives: Alberta
Grande Cache deemed not viable to carry on as a town
Facing expensive infrastructure needs and a dwindling population, the mayor and council of Grande Cache are asking residents to support a move to dissolve the town and become a hamlet in the Municipal District of Greenview.
Read more: https://bit.ly/2MML84o
TransCanada prepares to start laying Keystone pipe as it awaits U.S. court rulings
TransCanada pipelines is preparing to lay pipe — Keystone XL pipe that’s been stockpiled over the past 8 years — early in the new year if final approval of the United States route comes through.
Read more: https://bit.ly/2pmnTou
Scotiabank forecasts continued economic expansion for Alberta
A new report by Scotiabank Economics says Alberta real gross domestic product growth is expected to ease to an average of about 2.5 per cent during 2018-19 after last year’s 4.9 per cent surge.
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Manufacturing sales in Alberta continue upward trend
For a third consecutive month, manufacturing sales rose in Alberta, increasing 1.7 per cent to $6.6 billion in July, says Statistics Canada.
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New motor vehicle sales trend lower in July in Alberta
July proved to be a tough month for auto dealerships in Alberta.
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Sundial’s cannabis cultivating plant in Olds receives licence
A cannabis cultivating plant in Olds has received its licence from Health Canada for the first phase of its 500,000-square-foot facility.
Read more: https://bit.ly/2D67D4S
Alberta economy bouncing back: TD report
TD Bank Group is predicting Alberta’s economy will likely return to a fully-recovered state within the next year, but several challenges cloud the province’s longer-term outlook.
Read more: https://bit.ly/2Ne3yjw
First Nations backed proposal for $8.5-billion refinery revived by Chinese investment after provincial funding pulled
A proposed bitumen refinery that was kiboshed by the provincial government in 2012 has been revived after a consortium of Alberta First Nations inked a deal with Chinese investors.
Read more: https://bit.ly/2CSXDvw
Opinion: It’s time to end oilsands shaming
Enough with the guilt trip. I’m proud to represent people who work in the oilsands. They’re proud of the jobs they do. And they should be.
Read more: https://bit.ly/2Ogm7QQ