Promoting a line-up of marquee speakers and sessions that will run the gamut from major macro-economic issues to ground-level marketing of home-based businesses, registration begins today for the Economic Outlook Summit that will be held locally this autumn.
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Doom and gloom or bust and boom – two visions of economic activity in the city and region were presented by Medicine Hat city council on Monday night.
Alderman Les Pearson broached the subject by asking how success is measured in the economic development organizations in which the city belongs.
“Medicine Hat is in the doldrums and it seems to be the only municipality in Alberta,” said Pearson during a debate on accepting the financial statements of the Palliser Economic Partnership and Economic Development Alliance of Southeast Alberta.
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CALGARY – An early-stage proposal to ship as many as one million barrels a day of western crude to eastern refineries seems to be gaining traction, executives with pipeline giant TransCanada Corp. said Tuesday.
In recent months, the Calgary-based company has been floating the idea of converting part of its natural gas mainline — the eastbound main artery for natural gas out of Alberta — partly to oil service to serve refineries in eastern Canada and the U.S. Eastern Seaboard that currently rely on pricey crude from overseas.
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t’s a long journey to the destination of more economic development, but the City of St. Albert now at least has a road map.
Guy Boston, executive director of the City’s economic development department, came before St. Albert city council on Monday afternoon to present the department’s action plan, which should unfold over the next year or so with the ultimate goal of attracting more business to St. Albert and lowering the tax burden on homeowners.
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With a newly-appointed Asia Advisory Council, the province is getting ready to expand economic and cultural relations with Asia.
Billed as a critical part of the province’s plan to expand market access to ensure continued prosperity for the province’s export-based economy, the move comes on the heels of American criticism of Alberta links to China as Chinese state-owned energy giant CNOOC makes a $15-billion bid for Calgary-based Nexen.
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The world faces a “dangerous” cocktail of low growth and high unemployment, OECD chief Angel Gurria said Tuesday, after the global body warned of weak prospects for major economies.
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