Canada’s equalization program flawed: report

The gap between richer and poorer provinces has shrunk, yet program costs keep rising: Fraser Institute

Canada’s equalization program flawed: reportBy Troy Media Canada’s equalization program has cost taxpayers – including those in ‘have’ provinces such as Alberta – $2.1 billion more in payments since 2017 due to a program design flaw, according to a report released on Thursday by public policy think-tank the Fraser Institute. The equalization program transfers federal tax dollars to lower-income…

Alberta clean-tech making headway: report

Sector attracting global attention, with Calgary rated one of the world's top 15 clean-tech ecosystems in 2019

Alberta clean-tech making headway: reportAlberta is increasingly recognized by global investors as a launchpad for technology-driven businesses, says a report from the Alberta Clean Technology Industry Alliance. Alberta can win the race for the US$3.8-trillion clean-tech market by meeting growing needs for energy, food and other resources at lower cost, and with less emissions and waste, says the report.…

Cannabis use by Canadian seniors on the rise

About 578,000 Canadians reported trying cannabis for the first time in the past three months: StatsCan

Cannabis use by Canadian seniors on the riseBy Troy Media A report released on Wednesday by Statistics Canada says cannabis use is less common among seniors than it is in other age groups but consumption has been accelerating at a much faster pace than it has among other age groups. The report said seniors use is seven per cent compared with 10…

High-tech real estate transactions with human connections

Lauren Haw on how Zoocasa seeks to streamline the often-emotional real estate journey for clients

High-tech real estate transactions with human connectionsLauren Haw is Zoocasa's CEO and broker of record. What is Zoocasa and what does it do? Haw: At Zoocasa, we provide intelligent, modern real estate services through the seamless integration of technology and our full-service brokerage team. We aspire for a real estate experience that’s enhanced by technology, but grounded in human connections. Real…

More Canadians use Internet, led by Alberta, B.C.

Nearly 84% of Internet users bought goods or services online in 2018, spending $57.4 billion, up from $18.9 billion in 2012: StatsCan

More Canadians use Internet, led by Alberta, B.C.By Troy Media More Canadians are using the Internet, with people in Alberta and British Columbia leading the way. A report released on Tuesday by Statistics Canada said the share of Canadians aged 15 and older who used the Internet was 91 per cent in 2018, with more seniors reporting Internet use (71 per cent).…

Four in 10 Canadians struggling financially: TD

When it comes to financial health, Quebec is the healthiest province and Alberta lags behind, said the report.

Four in 10 Canadians struggling financially: TDBy Troy Media The TD Financial Health Index finds that four in 10 Canadians are financially struggling, with Albertans lagging when it comes to financial health. The index by the TD Bank Group is a national benchmarking survey providing a portrait of Canadians’ financial well-being and how they’re managing their personal finances. The study, released…

Amazon first choice for Canadian holiday shoppers

Amazon first choice for Canadian holiday shoppersBy Troy Media Canadians plan to spend an average of $1,706 this holiday season and Amazon will be their top shopping destination, says a report released on Tuesday. According to Deloitte's 2019 Holiday Retail Outlook, 60 per cent of consumers plan to research holiday purchases on the Amazon website. “There's a strong connection between Canadians'…

Electric vehicles will reshape the economy: report

Rapid adoption could cause an 11% spike in Canadian electricity demand, requiring utilities to make significant infrastructure investments

Electric vehicles will reshape the economy: reportA new report the presence of an estimated 13.2 million electric vehicles on the road by 2030 will change Canadian energy demands. The EY Canadian electric vehicle transition – the difference between evolution and revolution report was released on Monday. It says Canadian sales of electric vehicles grew 165 per cent year over year in…

Alberta tourism targets $20 billion in revenue

Fostering positive working relationships with other industries, communities and businesses is central to the province’s ability to grow the visitor economy: Tourism Alberta CEO

Alberta tourism targets $20 billion in revenueTravel Alberta has outlined an ambitious plan to grow tourism revenue in the province to $20 billion by 2030. The goal was revealed to almost 600 industry partners at the 20th annual Travel Alberta Industry Conference in Banff on Monday. “Alberta entrepreneurs and tourism-related businesses are the backbone of our industry,” said Royce Chwin, CEO…