Husky Energy lays off undisclosed amount of staff

Husky Energy lays off undisclosed amount of staffCalgary-based corporate giant Husky Energy confirmed Tuesday it has laid off an undisclosed number of people. "Today we did have to say goodbye to some of our colleagues. Husky has been taking steps to better align the organization and workforce with our capital plan and strategy," said the company in a statement. "These changes put…

Resale housing market showing signs of improvement

Resale housing market showing signs of improvementA report released by the Calgary Real Estate Board on Tuesday says sales activity in the city's resale housing market in the third quarter of this year improved by 6.5 per cent compared to the same period a year ago. And the activity was driven by gains in the under $500,000 segment of the market.…

Leasing spaces faster and increasing returns

Nicole Langton of LAUNCH talks about how to offer effective project management services and creative marketing strategies

Leasing spaces faster and increasing returnsNicole Langton is principal and launch commander of LAUNCH: Commercial Space Marketing. What is LAUNCH Commercial Space Marketing and what does it do? Langton: LAUNCH is a commercial space marketing firm that works with building owners, landlords, brokers and their leasing teams to offer effective project management services and creative marketing strategies and materials to…

Canadians opening more businesses today than in the past decade

44,700 Canadians started a business in 2018

Canadians opening more businesses today than in the past decadeCanada’s entrepreneurs are increasingly diverse and opening more businesses today than in the past decade, says new study released Tuesday by BDC (Business Development Bank of Canada). The report’s key findings include: Entrepreneurial activity has increased and the growth trend is expected to continue, with 24 per cent of Canadians surveyed interested in starting or…

Calgary new multi-family market shows resiliency

Calgary new multi-family market shows resiliencyCalgary has continued to live up to its reputation of resiliency among persistent and everchanging economic headwinds with 772 new multi-family home sales recorded across all 10 sub-markets in the third quarter of 2019, which represented a six per cent increase from last quarter and an eight per cent hike from the same quarter in…

Small businesses play vital role in Alberta economy

As of June, there were 173,314 small businesses operating in the province

Small businesses play vital role in Alberta economyMonday is the beginning of Small Business Week and ATB Financial’s Economics & Research Team is reminding people of the vital role small businesses play in Alberta.  “Alberta is awash in small businesses. As of June, there were 173,314 small businesses operating in the province. This represents 13.5 per cent of the almost 1.3 million…

WestJet launches innovative advertising/marketing campaign

Calgary-based airline WestJet has turned marketing and social media into an art form in recent years with its advertising campaigns that sometimes go viral. On Monday, the company launched its latest campaign focusing on its commitment of treating people like people. "We want the travelling public to know that as we become a global network…

PayPal launches loan program for small business owners

Quickly and easily access financing with the ability to customize loan amount and repayment timeline

PayPal launches loan program for small business ownersPayPal has launched the PayPal Business Loan, enabling small business owners to easily access loans between $5,000 and $100,000 at competitive prices. In a news release on Monday, the company said small business owners can quickly and easily access financing with the ability to customize loan amount and repayment timeline. "Applying for a traditional loan…

Caring hearts are key to leadership

Dan Gaynor of Gaynor Consulting Inc. talks about what makes a good leader

Caring hearts are key to leadershipDan Gaynor is president of Gaynor Consulting Inc. Tell me a little bit about your business and what you do? Gaynor: My work these days is all about helping organizations develop stronger, more satisfying teams through improved leadership. I focus on sharing the timeless and practical skills I believe have always set the best leaders…

New supply outpaces Calgary industrial real estate absorption

CBRE report says the industrial market continues to see strong activity from national and multinational users

New supply outpaces Calgary industrial real estate absorptionDespite positive market fundamentals, the availability of space in Calgary’s industrial real estate market rose in the third quarter of this year due to new supply outpacing active absorption, says a report by CBRE. The third quarter “marked the 11th consecutive quarter of positive net absorption for Calgary’s industrial market,” said the report. “Although slightly…