Potential for massive closures, bankruptcies to fitness industry amid COVID-19 pandemic: FIC

Fitness Industry Council of Canada (FIC), the trade association representing about 5,000 fitness businesses that serve more than…

Calfrac cuts capital spending almost in half and workforce by 40% due to COVID-19 and oil price war

Cutting board’s, CEO and staff salaries CALGARY – Calfrac Well Services is cutting its 2020 capital…

Alberta’s oil industry takes more hits

Suncor postpones projects, Syncrude delays spring break-up maintenance indefinitely, Precision Drilling cuts CEO salary, plans layoffs,…

U.S. company issues $1,000 checks to all employees to support families during the COVID-19 disruption

NEWTOWN, Pa.,– KVK Tech, Inc. a U.S. manufacturer of generic pharmaceuticals, today issued $1,000 checks to all employees to…

Almost a third of small businesses may close within the month without more COVID-19 relief: CFIB

CFIB calls for a 75% wage subsidy to retain employees TORONTO – The COVID-19 outbreak is…

Circuit breakers shut down stock markets as oil panic hits

Oil prices drop up to 30 per cent North American stock markets stopped Monday morning just…

B.C. mining and exploration expenditure growth flattens in 2019

VANCOUVER – The positive momentum gained in British Columbia from mineral and coal exploration expenditure between 2016 and…

Alberta gold: Great Plains wins best new whisky

Great Plains Craft Spirits won a Gold Medal and Award of Excellence for Best New Whisky…

Axe the fax: CFIB

TORONTO – It’s time for governments to ditch their fax machines and outdated paper forms and…

6 in 10 employees take advantage of remote work options: Survey

Organizations increasing options to work outside office TORONTO – How common are remote work arrangements? According…

Unpaid taxes from energy companies to Alberta rural municipalities more than double

RM’s owed $173M,  a 114% increase NISKU – Unpaid taxes owed by energy companies to Rural…

SNC-Lavalin awarded oil and gas contract in middle east

MONTREAL – SNC-Lavalin was awarded an engineering services contract from Al Dhafra Petroleum, a joint venture…

Texas has a booming decade, best in its history

TEXAS – Texas is basking in its best energy-producing decade in history and the growth is…

U.S. stock market closing best decade in American history

The U.S. stock market is ending the decade with near record highs on a financial boom.…

Calgary-based TC Energy selling 65% equity interest in B.C. Coastal GasLink Pipeline Project

CALGARY – TC Energy is selling 65 per cent equity interest in the Coastal GasLink Pipeline…

Irish company aims to use solar energy in Alberta to fill need left by province’s coal power phase-out

CALGARY – A renewable energy and sustainable development company out of Ireland is eyeing Calgary for…

Drone market expected to grow

Major source of collecting intelligence through reconnaissance, surveillance INDIA – According to new market research report…

ATB Financial launches Build Her Business campaign

EDMONTON – ATB Financial is supporting our province’s women entrepreneurs by launching the second annual Build Her…

Calgary-based Houston Oil and Gas ceases operations, files bankruptcy

Another Alberta oil and gas company has shut down. In October Calgary-based Houston Oil and Gas…

Calgary Co-op acquires Community Natural Foods

CALGARY – Calgary Co-op acquired Community Natural Foods. The Nov. 4 sale is part of the…

Alberta eases oil curtailment for operators who ship extra barrels by rail

The Alberta UCP government is creating a loophole for oil producers to get around oil curtailment…

Update: Calgary-based Encana moving to the U.S., says pushed out of Canada due to federal government policies

Encana announced today its plans to move its base to the United States and change its…

Province commits $1B for petrochemical industry

The Government of Alberta has committed $1.1-billion to the Petrochemicals Diversification Program. The program encourages investment,…

Red Robin burger chain closing all Alberta locations

Red Robin is closing all of its Alberta restaurants by the end of 2019. All five…

How a Liberal or Conservative win could affect Canada’s economy & energy industry

By Shelly Hagan Canada’s economic landscape is poised to see some minor changes after Monday’s election,…

Swoop starts direct flights from Edmonton to Puerto Vallarta

This weekend, Swoop, Canada’s ultra-low-fare airline and subsidiary of WestJet Airlines Inc., takes-off with its new service from Edmonton International…

WATCH: Why running a Halloween store in Calgary isn’t so scary

Pop-ups setting the stage for Calgary business success CALGARY – Improved and streamlined business support offered…

Fort McMurray becomes insolvency capital of Canada

Once booming Fort McMurray has become the insolvency capital of Canada. In the city of 75,000…

Calgary company convicted for ammonia release

CALGARY – Agrium pleaded guilty to one count of failing to report an ammonia release from its…

Province allows quicker write-offs for businesses in effort to boost job creators in Alberta

Alberta is allowing businesses to invest in equipment with quicker write-offs to better support their growth…

Two in five workers in Canada quit due to bad boss: Survey

New research from global staffing firm Robert Half suggests there’s some truth to the saying, “people…

Economic growth stifled by regional protectionism: Reeve

ROCKY VIEW COUNTY – Rocky View County Reeve says he’s concerned about the economic viability of…

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