More homes for sale in Calgary resale market

MLS sales continue to slide, as the median sale price in September falls 2.49% from a year ago to $411,500

More homes for sale in Calgary resale marketWith one week left in September, the Calgary resale housing market is following a similar pattern it has set out for most of this year. MLS sales continue to slide, taking prices in a downward direction as more listings on the market are making it harder for people to sell their homes. According to the…

Canadian oil and gas extraction industry revenue up

Royalty payments totalled $6.6 billion in 2017, up 56.7% from $4.2 billion in 2016

Canadian oil and gas extraction industry revenue upThere was some good news for the Canadian oil and gas extraction industry in 2017 after being hit hard following the collapse of oil prices in late 2014. Statistics Canada reported on Monday that total revenue for the industry increased 34.9 per cent to $118.5 billion in 2017, following a 10.9 per cent decline in…

Bow Valley College and CERI enter partnership

Agreement will connect Canadian energy leaders and prepare the next generation of industry influencers

Bow Valley College and CERI enter partnershipBow Valley College has signed a memorandum of understanding with the Canadian Energy Research Institute “to create inclusive and sustainable learning and research opportunities for each organization, either jointly or individually.” In a news release, the school and the institute said the agreement will connect Canadian energy leaders and prepare the next generation of industry…

How browseYYC brings local choices to Calgary consumers

Teara McGinn has helped create a shared shopping website that showcases Calgary-produced goods

How browseYYC brings local choices to Calgary consumersTeara McGinn is co-founder of browseYYC. Calgary’s Business: What is browseYYC and how does it work? McGinn: browseYYC is a ‘shop local, online’ marketplace. It’s a website where people can experience the convenience of online shopping with the feel-good value of supporting local businesses. By allowing all types of sellers (retailers, artisans, etc) across the…

19,000-acre ranch donated to U of C’s Faculty of Veterinary Medicine

The gift, from J.C. Anderson and his daughter Wynne Chisholm, is  valued at $44 million

19,000-acre ranch donated to U of C’s Faculty of Veterinary MedicineThe University of Calgary’s Faculty of Veterinary Medicine has received a massive donation to help it create a world-class teaching, learning and research facility in Alberta. The U of C announced on Friday it was receiving a gift of a 19,000-acre cattle ranch operation, valued at $44 million from J.C. Anderson and his daughter Wynne…

Annual consumer price growth fastest in Alberta

Prices rose 3.1% year over year in Alberta and 2.8% across Canada

Annual consumer price growth fastest in AlbertaThe annual inflation rate in Alberta tied with Ontario for the highest growth among Canadian provinces in August. Statistics Canada reported on Friday that consumer prices rose 3.1 per cent year over year in Alberta and Ontario. The federal agency said the Consumer Price Index across Canada was up 2.8 per cent year-over-year. “Prices were…

Alberta retail sales trended higher in July

Increase led by gasoline stations and food and beverage stores: StatsCan

Alberta retail sales trended higher in JulyRetail sales in Alberta rose for the sixth time in seven months in July, largely due to higher sales at gasoline stations and food and beverage stores, according to Statistics Canada. Sales grew by 0.6 per cent to $6.9 billion. On an annual basis, retail sales were up 3.1 per cent. Across Canada, the federal…

Wello founded on a healthy foundation

Vince Danielsen talks about how building the growing health-care provider was a lot like putting a winning football team together

Wello founded on a healthy foundationVince Danielsen is CEO of Wello. Calgary’s Business: What is Wello? When and why was it founded? Danielson: Wello is an innovative virtual health-care provider that gives people anytime, anywhere access to services that help them get well when they’re sick and keep well over the long term. We have a saying at Wello –…

Alberta EI beneficiaries up in July

Increases mostly in occupations related to education, trades, transport and equipment operators

Alberta EI beneficiaries up in JulyThe number of Employment Insurance beneficiaries in Alberta increased by 2.1 per cent to 55,360 in July, according to Statistics Canada. “Increases were mostly among those whose last job was in occupations related to education, as well as trades, transport and equipment operators,” said the federal agency on Thursday. “Growth in the number of beneficiaries…

Entrepreneurial spirit strong in Alberta: poll

Access to financing is the chief barrier to venturing out on your own, RBC report says

Entrepreneurial spirit strong in Alberta: pollThe entrepreneurial spirit is alive and well in Alberta. A new poll released on Thursday by RBC says 63 per cent of Albertans have thought about owning their own business. It’s the highest percentage in the country and way above the national average of 54 per cent. Of those Canadians who have considered owning a…