Multi-family construction soars in Calgary and Edmonton

August’s single-detached market saw a hike of 4% in Calgary to 403 units while Edmonton fell by 27% to 415 units

Multi-family construction soars in Calgary and EdmontonThere were some positive signs for multi-family home construction in Alberta in August – particularly for the major centres of Calgary and Edmonton. Canada Mortgage and Housing Corp. released housing starts data on Tuesday showing huge increases in both census metropolitan areas for new home construction. In Calgary, the all other starts besides single-detached category…

Alberta leads the way in production of crude oil

The year-over-year increase in total production of crude oil in June was driven by non-upgraded crude bitumen: StatsCan

Alberta leads the way in production of crude oilCanada produced 21.1 million cubic metres (132.9 million barrels) of crude oil and equivalent products in June, up 10.5 per cent from the same month a year earlier, according to Statistics Canada. The federal agency reported on Tuesday that the year-over-year increase in total production of crude oil and equivalent products in June was driven…

Sims committed to taking WestJet to new heights

President and CEO Ed Sims lays out an expansive and optimistic future for the Calgary-based airline

Sims committed to taking WestJet to new heightsEd Sims is president and CEO of WestJet. Calgary’s Business: What’s your vision for WestJet in the near-term and long-term? Sims: My mandate from the outset has been to return WestJet to previous levels of profitability and build trust and confidence among our 13,000 WestJet employees. Our people are our ‘secret sauce’ and we are…

Kevin O’Meara replaces DIRTT founder Mogens Smed as CEO

O'Meara's experience includes co-founding and growing Builders FirstSource, a manufacturer and distributor of structural building products

Kevin O’Meara replaces DIRTT founder Mogens Smed as CEOCalgary-based DIRTT Environmental Solutions, an interior construction company that uses technology for client-driven design and manufacturing, has announced that founder and executive chair Mogens Smed has left the company, effective immediately. In a statement, the company said that Smed in January “agreed to cease acting as CEO and to undertake a new role as executive…

Canadian commercial real estate market booming

Toronto and Vancouver remain the primary destinations for commercial real estate. Calgary, Montreal and Edmonton rounded out the top five

Canadian commercial real estate market boomingIt’s been a record year for the Canadian commercial real estate industry so far in 2018. According to a new report released Monday by CBRE Canada, there were $16.5 billion worth of transactions in the second quarter of the year, up 38 per cent from the previous record total of $11.97 billion in the first…

Young Albertans still struggling to find jobs: ATB

Unemployment in August for people aged 15 to 24 was 11.8%, more than twice the rate for those aged 25 to 54

Young Albertans still struggling to find jobs: ATBIf you’re a young Albertan, you know how difficult it is to find a job these days. “Alberta’s economy may be picking up momentum in the latter half of 2018, but the reality for thousands of job seekers is that it’s still tough to find a job. This is especially true for young people,” says…

More Americans coming to Canada to visit

But Canadians made fewer trips to the U.S. in June, the third consecutive month of decline: StatsCan

More Americans coming to Canada to visitU.S. residents continue to love Canada when it comes to tourist visits. In June, Americans made 2.1 million trips to this country, up 3.5 per cent from May and the second highest monthly total this year after March, according to Statistics Canada. “U.S. residents made 378,000 overnight trips to Canada by plane in June, up…

Workplace learning in Canada increasingly informal: report

Employers need to be aware of cost, lack of curriculum and role supervisors play in learning, says Conference Board of Canada

Workplace learning in Canada increasingly informal: reportA new report released on Monday by the Conference Board of Canada finds that the majority of workplace learning is taking place outside of the classroom. The report, Informal Learning: A Spotlight on Hidden Learning in the Canadian Workplace, found that 78 per cent of respondents to a survey said they spend up to two…

Drilling contractors remain resilient, optimistic

Mark Scholz of the Canadian Association of Oilwell Drilling Contractors says the organization’s members remain committed to the oil and gas industry

Drilling contractors remain resilient, optimisticMark Scholz is president of the Canadian Association of Oilwell Drilling Contractors (CAODC). Calgary’s Business: What’s the vision and mission of the Canadian Association of Oilwell Drilling Contractors? Scholz: Our vision is to be the most influential trade association in Canada because we want to help create the best possible environment for our members to operate…

Greenhouse gas emissions decline in Canada

The residential sector remained the largest energy user in 2016 at 24% of total energy consumption: StatsCan

Greenhouse gas emissions decline in CanadaTotal energy use by industries and households in Canada decreased 1.3 per cent in 2016 following a 0.3 per cent decline in 2015, says Statistics Canada. The federal agency also reported on Friday that greenhouse gas (GHG) emissions declined 1.5 per cent in 2016, following virtually no change from 2014 to 2015. “These changes took…