Alberta small business owners urge freeze on minimum wage

CFIB survey of Alberta small businesses found that 55% have reduced or eliminated plans to hire workers as the result of wage increases

Alberta small business owners urge freeze on minimum wageSmall business owners in Alberta continue to express their dismay over the minimum wage level in the province. A survey released on Wednesday by the Canadian Federation of Independent Business said 89 per cent of small business owners in Alberta are urging the provincial government to freeze the minimum wage at its current level of…

Significant revenue gap between male and female entrepreneurs

Women entrepreneurs using e-commerce tools report earning 75% more revenue than their female peers who don't sell online

Significant revenue gap between male and female entrepreneursA new report released on Wednesday says there is a significant revenue gap between small business owners in Canada who are women and those who are men. The report, by PayPal Canada and Barraza & Associates, said that on average women-owned businesses earn $68,000 less than men who run similar businesses. That's a 58 per…

Benchmark home prices in Calgary and Edmonton trailing national average

The national aggregate price rose by 2.13% from a year ago to $634,300, but prices in Alberta's two major cities were down

Benchmark home prices in Calgary and Edmonton trailing national averageBenchmark home prices in Calgary and Edmonton were down year over year in July while the national average climbed. A report released on Wednesday by the Canadian Real Estate Association said the benchmark price – which reflects the typical property sold in a market – fell by 1.74 per cent in Calgary from a year…

Canadians pay a whopping 2,112% more in taxes now than in 1961

We pay more in taxes than we do for life's basic necessities like housing, food and clothing

Canadians pay a whopping 2,112% more in taxes now than in 1961Think you’re paying way too many taxes these days? A report released on Tuesday by Canadian public policy think-tank the Fraser Institute supports that sentiment. Its Canadian Consumer Tax Index found that the average Canadian family spent 43 per cent of its income on taxes in 2017. It said the total tax bill of the…

Calgary, Edmonton house prices head in different directions

Edmonton prices were up 0.66 per cent from June and by 0.31 per cent from July 2017. Calgary prices dipped by 0.11 per cent year over year

Calgary, Edmonton house prices head in different directionsCalgary and Edmonton housing markets are headed in opposite directions, according to a new real estate survey released on Tuesday. The monthly Teranet-National Bank National Composite House Price Index, which monitors repeat home sales, showed that prices in Edmonton in July were on the rise while they fell in Calgary. Prices in the capital city…

Calgary rated most livable city in Canada, 4th in world

New survey rates Calgary behind only Vienna, Melbourne and Osaka. Vancouver and Toronto also made it into the top 10

Calgary rated most livable city in Canada, 4th in worldA new report suggests that Calgary is one of the most livable cities in the world. The Global Liveability Index 2018, a report by The Economist Intelligence Unit, rated Calgary fourth overall in the world – behind Vienna, which topped the ranking, followed by Melbourne and Osaka. The rest of the top 10 in descending…

B.C. and Alberta to lead country in salary increases in 2019

Alberta recorded the fastest economic expansion last year and B.C. posted its strongest pace in more than a decade, says Morneau Shepell report

B.C. and Alberta to lead country in salary increases in 2019If you’re working in British Columbia and Alberta, a new report by Morneau Shepell contains good news. The company’s annual survey, Trends in Human Resources, released on Tuesday, says the two provinces will lead the country in expected salary increases in 2019. B.C. will lead the pack at 2.8 per cent, followed by Alberta at…

Abundance of choice in the Calgary real estate market

Alan Tennant, CEO of the Calgary Real Estate Board, says it's a buyers market. Trends toward big data can help customers find exactly what they want

Abundance of choice in the Calgary real estate marketAlan Tennant is CEO of the Calgary Real Estate Board. Calgary’s Business: How would you describe the residential real estate market in Calgary this year? Tennant: This year’s market has seen its share of challenges. With easing sales, an increase in new listings and a drop in sales activity, we are firmly entrenched in what…

Helping companies get out from under an avalanche of spreadsheets

Christopher Ronak of software developer 4castplus caters to a growing need for project cost management help

Helping companies get out from under an avalanche of spreadsheetsChristopher Ronak is CEO of 4castplus. Calgary’s Business: What is 4castplus and the story behind its founding? Ronak: 4castplus is construction project cost management software designed to provide organizations with a centralized platform to run all their major projects and programs, including infrastructure, pipeline, construction, mining and oil and gas. Users gain deep visibility, analytics and…

Solid quarter results for Calgary-based Boardwalk REIT

‘With the rental market in Alberta reaching a level of balance, we continue to focus on executing on our revenue growth strategy’

Solid quarter results for Calgary-based Boardwalk REITCalgary-based Boardwalk Real Estate Investment Trust had what it calls a “solid’ second quarter with gains in rental revenue as well as average occupancy and average monthly rents throughout its portfolio. “The positive revenue trend that began approximately nine months ago from improved occupancy and higher rents as a result of our front-loaded investment in…