Canada’s slow-growing petrochemical industry is headed for its biggest surge of expansion spending in five years in 2019, thanks in large part to incentive programs by federal and provincial governments.
Read more: https://bit.ly/2W1yPXG
Category Archives: Alberta
Report calls Town of Nobleford the most fiscally sustainable municipality in Alberta
The small southern Alberta town of Nobleford has received some big news regarding its economic sustainability.
Read more: https://bit.ly/2W0Rl2E
Alberta and Saudi production cuts are leaving the world hungry for heavy crude
Output cuts in oil-rich Alberta and Saudi Arabia are combining to leave heavy-crude refiners from the Gulf of Mexico to Asia in a bind.
Read more: https://bit.ly/2Cj0J8w
Alberta business investment to increase this year but …
Business investment intentions in Alberta remain positive despite the fact that Albertan business owners are the most pessimistic in the country about the Canadian economy, says a new report released on Tuesday by BDC (the Business Development Bank of Canada).
Read more: https://bit.ly/2FsI0eR
Alberta leads the way in crude oil production increase
Canada produced 23.1 million cubic metres (145.6 million barrels) of crude oil and equivalent products in October, up 13.2 per cent from the same month a year earlier, according to Statistics Canada.
Read more: https://bit.ly/2FrlLFp
Calgary boosts Alberta’s building permit value for November
Despite a challenging economy, building intentions were on the rise in Alberta in November, largely driven by the Calgary region.
Read more: https://bit.ly/2H9uiz9
Inter Pipeline’s Heartland Petrochemical Complex
Inter Pipeline’s Heartland Petrochemical Complex is a $3.5-billion private-sector investment spurred by the province’s royalty credit program. The project is creating more than 2,300 direct full-time jobs in construction and operation of the facility. Once complete, the complex will turn Alberta propane into recyclable plastics that can be used around the world for products like medical equipment, currency and active outerwear and apparel.
Read more: https://bit.ly/2CbQIdo
Year of fluctuation in housing prices for southern Alberta towns
While housing prices remained relatively stable in Lethbridge, residents of some nearby towns saw dramatic ups and downs.
Read more: https://bit.ly/2SHxSly
Job vacancies continue to be elevated in Alberta
Employers in Alberta reported 5,100 (+9.5 per cent) more job vacancies in the third quarter of 2018 compared with the same quarter one year earlier, according to Statistics Canada.
Read more: https://bit.ly/2FjeOXv
Is This The Answer To Canada’s Oil Crisis?
While even the most likely new pipeline to ship more of Alberta’s crude oil to refining and export markets—Enbridge’s Line 3 replacement—is nearly a year away at the earliest, the province hosting most of Canada’s oil production has been desperately seeking other ways to get more value for its natural resources.
Read more: https://bit.ly/2TCzIUK