Vincenzo Aliberti is shaping Calgary’s leaders of the future

Vincenzo Aliberti talks about how Empowering Minds gives young people the confidence and resilience to be successful

Vincenzo Aliberti is shaping Calgary’s leaders of the futureVincenzo Aliberti is executive director of Empowering Minds. Calgary’s Business: What is Empowering Minds? When did it get started? And how many youth has the organization touched since its inception? Aliberti: Empowering Minds is a Calgary-based not-for-profit that provides youth and educators with proven and innovative youth programs that develop the confidence, resiliency and focus necessary…

Alberta new housing construction investment rises

Across the country, spending on apartment buildings, row houses and semi-detached houses was up, while spending on single-family homes was down

Alberta new housing construction investment risesInvestment in new housing construction increased 3.1 per cent in Alberta from May 2017 to $716.6 million in May of this year, according to data released Thursday by Statistics Canada. The federal agency also said that on a national level investment was up 6.3 per cent year over year to $4.8 billion. “The year-over-year increase…

Non-residential building construction investment down in Alberta

In Calgary, spending was down 4.8% from a year ago. In Edmonton, investment was down 14.6% on an annual basis

Non-residential building construction investment down in AlbertaInvestment in non-residential building construction totalled $2.4 billion in Alberta in the second quarter, down 2.6 per cent from the first quarter of the year, says Statistic Canada. The federal agency on Thursday said compared with the first quarter of the year, investment in the province rose 7.4 per cent in the industrial sector to…

CMHC mortgage changes aimed at helping self-employed own homes

Changes target Canadians who may have difficulty qualifying for a mortgage as their incomes may vary or become less predictable

CMHC mortgage changes aimed at helping self-employed own homesCanada Mortgage and Housing Corp. is making it easier for self-employed people to own homes. The federal agency has introduced some changes to help self-employed Canadians who may have difficulty qualifying for a mortgage as their incomes may vary or become less predictable. The CMHC said on Thursday that self-employed Canadians represent about 15 per…

EI beneficiaries continue downward trend in Alberta

Nationally, recipients fell in all 10 broad occupation groups, led by education, law and social, and community and government services

EI beneficiaries continue downward trend in AlbertaThe number of Employment Insurance beneficiaries in Alberta continued a downward trend in May that began in the fall of 2016, decreasing by 5.8 per cent to 52,800, says Statistics Canada. “Declines were observed throughout the province, led by the census agglomerations (-8.7 per cent). The number of beneficiaries also decreased in the census metropolitan…

Revenues rise but net income dips for Canadian Pacific Railway

Second quarter financial report reflects service interruptions related to labour negotiations but tentative long-term deals are now in place

Revenues rise but net income dips for Canadian Pacific RailwaySecond quarter revenues for Calgary-based Canadian Pacific Railway Ltd. hit $1.75 billion from $1.64 billion last year. The company, in releasing its quarterly financial report on Wednesday, said revenues rose by seven per cent from a year ago. It also reported that diluted earnings per share  of $3.04, or $3.16 on an adjusted diluted earnings…

Production growth forecast for Canadian oil sands

Ten-year outlook sees significant growth in the next year, then slow and steady increases in production

Production growth forecast for Canadian oil sandsLarge production growth is expected for Canada’s oil sands through to 2019, says a new report. The IHS Markit 10-year production forecast also predicts more modest and steady growth after next year through to 2027. The company forecasts production to rise more than half a million barrels per day in 2019 and up to one…

The Ace Class is changing the way women connect with women

Mandy Balak of The Ace Class talks about the importance of community and mentorship in growing your business

The Ace Class is changing the way women connect with womenMandy Balak is founder and CEO of The Ace Class. Calgary’s Business: Can you explain what The Ace Class is and its purpose? Balak: Ace is an acronym for activate, cultivate and empower – we are a Canadian media and events company designed and created by women for women. We are founded in our intention…

High taxes killing Canada’s competitiveness with the U.S

Accountants association says survey findings reinforce the need for a comprehensive review of Canada's tax system

High taxes killing Canada’s competitiveness with the U.SCanada continues to be seen as less competitive when compared with the United States, says a new survey of business leaders by the Chartered Professional Accountants of Canada. And the quarterly survey of professional accountants in business leadership roles, which was released on Tuesday, cites taxation as a reason for that. The CPA Canada Business…

Sundial Growers, U of C partner for cannabis research

The university said the deal aligns with its research areas of brain and mental health, infections, inflammation and chronic diseases

Sundial Growers, U of C partner for cannabis researchThe University of Calgary has signed a three-year memorandum of understanding for collaborative research with Sundial Growers Inc. involving research and clinical studies of cannabis for medicinal purposes. In a news release, the university said the partnership aligns with its strategic research areas of brain and mental health, as well as infections, inflammation and chronic…