The ongoing U.S. government shutdown could hurt local companies who make their living shipping goods south of the border, according to the Lethbridge Chamber of Commerce.
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Tag Archives: profits
Big profits in Energy Division
City administrators are predicting that not only will the Energy Division cover its $24.8-million dividend, but also produce a near $12.2-million contribution to the Community Capital Fund.
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Harvest progress in southern Alberta
The weather has been cooperating with southern Alberta farmers who are busy harvesting their crops. Except for a couple of days of rain in some areas, Alberta Agriculture’s latest crop report shows they’ve made a lot of progress during the past two weeks.
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Epcor reports $45 million profit in solid quarter
EDMONTON – Epcor Utilities reported a profit of $45 million on revenues of $469 million in the period ending June 30, a big improvement from a $20 million loss for the same period last year, when a hit from its Capital Power investment dragged down the bottom line.
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CP Rail profit more than doubles despite woes from Calgary flooding
Canadian Pacific Railway Ltd. says it’s on track for record financial and operating results in 2013 after its profit more than doubled in the second quarter.
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Canadian Western Bank makes it 100 profitable quarters in a row
Canadian Western Bank celebrated its 100th consecutive profitable quarter on Thursday.
The Edmonton-based bank said second-quarter net income available to shareholders was up eight per cent to $43 million. Diluted earnings per common share rose four per cent to 54 cents, while adjusted cash earnings per common share were unchanged at 55 cents.
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ATB reports 25 per cent increase in net income
EDMOTNON — ATB Financial earned a profit of $244.8 million for its latest financial year , an increase of 25 per cent from $195.1 million the year before.
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WestJet posts ‘best ever’ quarter as profit climbs 33 per cent
WestJet Airlines Ltd. reported a record quarterly profit in the first quarter, beating many analysts’ expectations.
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High crop prices mean big profits
Near record crop prices are fuelling the possibility of a profitable growing season, as Fort Saskatchewan-area farmers prepare for spring seeding.
“With canola fluctuating from around $14.50 per bushel, and barley averaging about $5.30 in March, farmers are hoping the weather cooperates better this year — so they can cash in on these high prices with bumper crops,” explained Lorelei Hulston, provincial insurance manager for Agriculture Financial Services Corporation (AFSC), which administers crop insurance in Alberta on behalf of the provincial and federal governments.
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Area farmers hope for profitable growing season
Near record crop prices are fuelling the possibility of a profitable growing season as area farmers prepare for spring seeding.
“With canola fluctuating around $14.50 per bushel and barley averaging about $5.30 in March, farmers are hoping the weather cooperates better this year – so they can cash in on these high prices with bumper crops,” says Lorelei Hulston, Provincial Insurance Manager for Agriculture Financial Services Corporation (AFSC), which administers crop insurance in Alberta on behalf of the provincial and federal governments.
Read more: http://tinyurl.com/bluqtpy