International conflicts are dominating the news; China is vying for power in the Pacific Ocean, and in most other parts of the world; Russia is causing trouble wherever it can, and the Middle East remains tense as it has always been. Meanwhile, another international dispute is going on in our own backyard right before our…
And StatsCan says exports of crude oil and equivalent products increased in March
Production in all primary energy sectors rose in March compared with a year ago, according to data released Wednesday by Statistics Canada. And over the same period, exports of crude oil and equivalent products increased, while exports of natural gas and electricity decreased. The federal agency said production of crude oil and equivalent products rose…
In the conclusion of an exclusive two-part interview, the former Saskatchewan premier talks about how changing political winds will drive the economy
Former Saskatchewan premier Brad Wall recently joined Calgary-based Avenue Living Asset Management as a special business adviser, as well as a trustee to the Avenue Living Real Estate Core Trust. The company has more than $1.3 billion in assets with more than 8,500 residential units across Western Canada. Calgary's Business has a two-part question and…
StatsCan study over 66 years provides insight into which provinces experienced the most growth over three generations
Data released Thursday by Statistics Canada may be a couple of years old but it illustrates the importance of the oil and gas sector to the economies of several provinces. “According to a new study, from 1950 to 2016, real gross domestic income (GDI) per capita grew fastest in provinces with large oil and gas…
According to a recent ATB Financial Economics & Research Team economic update, the number of people moving to Alberta from other parts of Canada was higher than the number moving out last year, for a net gain of 7,736 new residents. But where are they coming from? “British Columbia, Ontario and Saskatchewan stand out in this regard,…
Exports on the rise to U.S. and elsewhere: StatsCan
Canadian production of crude oil and equivalent products totalled 264.6 million cubic metres in 2018, up 8.5 per cent from the previous year, according to Statistics Canada. The federal agency reported on Monday that non-upgraded production of crude bitumen (+12.7 per cent) was the main contributor to the overall rise. Since January 2016, the average…
Statistics Canada said exports of crude oil and equivalent products increased 10.7% from the same month a year earlier
Canada produced 23.1 million cubic metres (145.6 million barrels) of crude oil and equivalent products in October, up 13.2 per cent from the same month a year earlier, according to Statistics Canada. The federal agency said on Friday that Alberta produced 19.3 million cubic metres of crude oil and equivalent products in October, an increase…
The James Smith Cree Nation could create what would be Saskatchewan’s first private-pay MRI facility
A First Nation community about 70 kilometres southeast of Prince Albert, Sask., hopes to generate profit within five years from a private MRI clinic. The James Smith Cree Nation could create what would be the province’s first private-pay MRI facility. This became possible when the Saskatchewan government passed legislation in 2016 allowing for such facilities…
A return to double-digit growth across all of its key real estate metrics
Mainstreet Equity Corp. says the apartment rental company managed to not only survive but thrive in 2018, producing its best annual results since the recession began in 2014. For Fiscal 2018, which ended Sept. 30, this included a return to double-digit growth across all of its key real estate metrics. Net operating income grew 12…
Separation has become a real possibility thanks to the abuses and injustices imposed by Ottawa
In the past couple of weeks, a retired senior oil executive, Gwyn Morgan, a former premier of Saskatchewan, Brad Wall, and a veteran journalist, Don Braid, all commented publicly on the current position of Alberta in Canada. They agreed on the nature of the problem, but stopped short of suggesting the obvious response. It’s not…