Calgary, Edmonton new home prices rise higher than Canadian average

Nationally, new house prices edged up 0.1 per cent in June, largely due to rising construction costs across the country

Calgary, Edmonton new home prices rise higher than Canadian averageNew house prices in both Calgary and Edmonton rose at a higher pace in June than the national average. According to Statistics Canada’s New Housing Price Index, which was released on Thursday, prices for new homes in June were up 0.3 per cent in Calgary and 0.2 per cent in Edmonton from May. Nationally, new…

Helping entrepreneurs from startup to viable product

Kari Gordon and Startup Calgary connect founders to the support they need within the greater tech ecosystem

Helping entrepreneurs from startup to viable productKari Gordon is executive director of Startup Calgary. Calgary’s Business: What's the history behind Startup Calgary and why it was started? Gordon: Startup Calgary was established in 2010 by a group of tech entrepreneurs wanting to connect with like-minded people and build awareness at the grassroots of the tech community. CB: What's its purpose and…

Canada’s oil and gas industry faces dramatic shift

A new report by PetroLMI, a division of Energy Safety Canada, details the changing face of the energy workforce

Canada’s oil and gas industry faces dramatic shiftCanada’s oil and gas industry has undergone a significant transformation in the past decade. And as the industry has adjusted to the ups and downs of the economy, there were corresponding shifts in the distribution of the industry’s workforce and the daily experiences of those workers, says a new report by PetroLMI, a division of…

Government workers better compensated than private sector

In 2017, 19% of total employment in Alberta was in the public sector and they received 9.6% higher wages than private sector workers

Government workers better compensated than private sectorA new report the Fraser Institute says government employees in Alberta received 9.6 per cent higher wages on average than comparable workers in the private sector last year. The report, released on Wednesday by the Canadian public policy think-tank, also said government employees in the province – including federal, provincial and municipal workers – enjoyed…

Edmonton outshines Calgary for building permits in June

The climb was attributed to the non-residential sector, which saw the value jump by 32.7% on a monthly basis across Alberta

Edmonton outshines Calgary for building permits in JuneThe value of building permits in Alberta’s two major cities took different paths in June. According to data released on Wednesday by Statistics Canada, building permits totalled $500.7 million for the month in the Edmonton census metropolitan area. That was a month-over-month hike of 12.4 per cent and an annual gain of 12.6 per cent.…

Calgary, Edmonton can’t match top tech talent centres in North America

Toronto is North America’s fastest growing tech market, and sits fourth. Ottawa and Montreal are 13th and 14th, respectively

Calgary, Edmonton can’t match top tech talent centres in North AmericaWith its traditional reliance on the oilpatch as its economic engine, Alberta has experienced the volatile nature of that relationship over years. When oil prices are up, that engine is running smoothly in the province. But a collapse in oil prices, as witnessed in late 2014, can make for a very bumpy ride on the…

At the forefront of bringing the café culture to Calgary

Russ Prefontaine of the Fratello Group talks about why quality, skill and hospitality are at the core of his family's coffee business

At the forefront of bringing the café culture to CalgaryRuss Prefontaine is president of the Fratello Group. Calgary's Business: How and when did Fratello start? Prefontaine: Our family’s history in coffee dates back to 1974, when our dad, Cam Prefontaine, first started a wholesale coffee company, which was operated out of our garage and basement. Our parents involved all three of us brothers (Russ,…

Alberta boomers prefer to stay in homes and renovate – for now

But Royal LePage report says 44% of respondents plan to move into a smaller home in their golden years

Alberta boomers prefer to stay in homes and renovate – for nowBaby boomers in Alberta would prefer to stay in their homes and renovate instead of buying a new house, says the Royal LePage Boomer Trends Survey. The report, released on Wednesday, said 58 per cent of this demographic would prefer to improve their current home than move while 19 per cent of boomers in the…

Canadian Tire, Petco launch premium pet product initiative

Partnering with Petco to offer a premium grain-free pet food line and other products, including accessories

Canadian Tire, Petco launch premium pet product initiativeCanadian Tire is entering the premium pet category in retail by partnering with Petco, a leading global pet specialty retailer. The Canadian retail giant will exclusively offer Petco's assortment of food, treats and accessories to Canadian shoppers online and in stores. “We know how important pets are to Canadian families so we're thrilled to bring…

Finding the right fit at the executive level

Consultant Catherine Brownlee talks about serving and supporting when there are plenty of candidates to choose from

Finding the right fit at the executive levelCatherine Brownlee is a business management consultant in Calgary. From the world's best headhunters, to executive peer-to-peer roundtables, to special projects, she connects powerful individuals to make big things happen. Calgary’s Business: What’s your sense of how the economy is performing in Calgary and Alberta? Brownlee: Overall, positive. There are new startups and opportunities popping…