Greenhouse gas emissions from Canadian oil sands production falling

IHS Markit report says that over the last eight years, emissions fell 21% and it predicts further future improvements

Greenhouse gas emissions from Canadian oil sands production fallingThe level of greenhouse gas emissions from Canadian oil sands production is falling. A new report by research firm IHS Markit says the emissions intensity of upstream Canadian oil sands production will continue to decline in coming years, falling to 30 per cent below 2009 levels by 2030. “The Canadian oil sands have a demonstrated…

Canadians hold $1.69 in debt for every $1 of disposable income

Household credit market debt totalled $2,166.0 billion in the second quarter

Canadians hold $1.69 in debt for every $1 of disposable incomeCredit market debt as a proportion of household disposable income continues to increase in Canada but at a slower pace, according to a report released on Friday by Statistics Canada. The federal agency said household credit market debt (consumer credit, and mortgage and non-mortgage loans) totalled $2,166.0 billion in the second quarter. Mortgage debt reached…

BMO launches loan program to help young farmers

‘We see a need for programs and incentives to attract and support younger Canadians into the sector’

BMO launches loan program to help young farmersBMO Bank of Montreal has introduce a new loan program to support young Canadians in agriculture. BMO says the program is a first for a Canadian chartered bank. The bank said the BMO Young Farmer Program offers loans of up to $1 million in an environment where the total number of farm operators in the…

‘It’s not voodoo – social media takes persistence’

Samantha Paterson, a social media manager at the University of Calgary, talks about how to get the most out of digital marketing

‘It’s not voodoo – social media takes persistence’Samantha Paterson is a social media manager at the University of Calgary and an instructor in Continuing Education. Calgary’s Business: How did you get into social media as a career and what’s the appeal for you? Paterson: During the 2000s in my ed-tech career, I was an early adopter of customer advocacy marketing, including online…

Alberta economy bouncing back: TD report

Report cites oil recovery, growing diversification and resilience. But it warns there are hurdles ahead

Alberta economy bouncing back: TD reportTD 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. “We've observed Alberta is in a place with potential to reassert itself as an economic engine of Canada,” says Derek Burleton, vice-president and deputy chief economist of TD Bank…

RV-rent entrepreneurs persevered until business was rolling

It took Chad and Cherie Ball of Wheel Estate years to get their business on the road, but they refused to abandon their dreams

RV-rent entrepreneurs persevered until business was rollingChad and Cherie Ball are owners of Wheel Estate. Calgary’s Business: What is Wheel Estate and how did the company come into being? Chad and Cherie: Wheel Estate is a peer-to-peer RV trailer sharing marketplace. We efficiently connect people who would like to rent a travel trailer with owners whose trailer would otherwise go unused, backing…

Value of Canadian pension funds on the rise

More than 6.2 million Canadian workers belonged to employer-sponsored pension plans in the first quarter of this year: StatsCan

Value of Canadian pension funds on the riseThe market value of assets held by Canadian trusteed pension funds totalled $1.9 trillion in the first quarter of 2018, up three per cent from the fourth quarter of 2017 and 5.7 per cent higher year over year, said Statistics Canada on Thursday. It said that over 6.2 million Canadian workers belonged to employer-sponsored pension…

Repeat home sale prices off their peaks in Calgary, Edmonton

Home prices for repeat sales in Canada reached their peak in August, but the Calgary and Edmonton continue to struggle

Repeat home sale prices off their peaks in Calgary, EdmontonHome prices for repeat sales in Canada reached their peak in August, but the Calgary and Edmonton markets continued to struggle. According to the Teranet–National Bank National Composite House Price Index, prices in 11 metropolitan markets in Canada rose by 0.24 per cent from July as individual market indexes were up in eight of those…

New home prices remain relatively flat in Calgary and Edmonton

Home prices in the Calgary census metropolitan area rose by 0.2% from June while remaining unchanged in the Edmonton region

New home prices remain relatively flat in Calgary and EdmontonThe prices of new homes in Calgary and Edmonton remained fairly flat in July, according to a new report released Thursday by Statistics Canada. In its New Housing Price Index, the federal agency said prices in the Calgary census metropolitan area rose by 0.2 per cent from June while in the Edmonton region they were…

Canadian capital investment climate deteriorating, badly

Capital investment in Canada has slowed to a 40-year low, negatively affecting living standards for workers and overall economic growth

Canadian capital investment climate deteriorating, badlyThe growth rate of capital investment in Canada – particularly in the important areas of equipment, machinery and intellectual property – has slowed to a 40-year low, negatively affecting living standards for workers and overall economic growth, according to a study released on Thursday by the Fraser Institute, a national public policy think-tank. “The evidence…