Startup leaders optimistic about business conditions improving

They are in growth mode but face challenges in finding enough skilled talent and raising capital: survey

Startup leaders optimistic about business conditions improvingFifty-six per cent of Canadian startup leaders expect business conditions to improve in 2019. But they note challenges in raising capital and hiring talent with the skills needed to grow their businesses, says a report released on Wednesday by Silicon Valley Bank . The inaugural Canada Startup Outlook reports that 31 per cent of respondents to…

Alberta government increasing rail capacity to transport oil

Investing $3.7 billion in increased rail capacity to generate about $5.9 billion over the next three years

Alberta government increasing rail capacity to transport oilThe Alberta government has reached a deal with Canadian Pacific Railway and Canadian National Railway that will see an estimated 4,400 rail cars move up to 120,000 barrels of oil per day by 2020. “Each and every Albertan owns our energy resources and deserves to get top dollar for them. We are taking decisive actions…

Get the most out of your home renovation

Keith Riley of RenovationFind says Albertans are still renovating, but they want quality and value for their money. His company can help

Get the most out of your home renovationKeith Riley is owner/CEO of RenovationFind. Tell me what RenovationFind is and does? Riley: RenovationFind is the solution to offering homeowners the best of the best for their home improvement and renovation projects. We are a free online directory, RenovationFind.com, connecting homeowners with certified contractors and companies that are pre-screened and continually monitored on seven…

Record Canadian use of Interac e-Transfers in 2018

More than 371 million transactions worth a total of more than $132 billion

Record Canadian use of Interac e-Transfers in 2018Canadians used digital money transfer service Interac e-Transfer more than one million times per day last year. In a news release on Tuesday, Interac said it experienced record numbers in 2018 – more than 371 million transactions worth a total of more than $132 billion, representing a 54 per cent increase in volume and a…

Restaurant, bar sales climb in December

Sales reached $810.2 million, up almost 1% from the previous month and 4.1% over December 2017

Restaurant, bar sales climb in DecemberSales in the food services and drinking places subsector in Alberta reached $810.2 million in December, according to Statistics Canada. The federal agency said on Tuesday that sales in the province were up by 0.9 per cent from the previous month and rose by 4.1 per cent year-over-year. Across Canada, sales increased 0.9 per cent…

Taking advantage of Alberta’s world-class renewable energy resources

Dan Balaban of Greengate Power Corp. talks about the company’s footprint in Alberta and its big plans for expansion

Taking advantage of Alberta’s world-class renewable energy resourcesDan Balaban is president and CEO of Greengate Power Corp. What is Greengate Power and what does it do? Balaban: Greengate Power is a renewable energy company based in Calgary. We are a developer of utility-scale wind and solar energy projects, providing a low-cost and clean source of power for Albertans by taking advantage of…

‘Exceptional’ year reported by Canadian Tire Corp.

Revenue of $14.1 billion up by 5.9% from the previous year

‘Exceptional’ year reported by Canadian Tire Corp.Canadian Tire Corp. announced on Thursday that it had an “exceptional” year in 2018 as it reported its fourth-quarter and full-year financial results. It said fourth-quarter consolidated revenue of $4.1 billion was up 5.5 per cent from a year ago and up 6.5 per cent excluding its petroleum sector; 2018 annual revenue of $14.1 billion…

The positive power of open-market utilities

Former Enmax CEO Gary Holden talks about what New Zealand gets right and what Alberta gets wrong

The positive power of open-market utilitiesGary Holden is CEO at Pulse Energy Alliance LP in New Zealand and former CEO of Enmax in Calgary. What is Pulse Energy Alliance and what does it do? Holden: Pulse is a private, trust-owned company that competes in the national (New Zealand) energy market for electricity, gas and Internet services. We are thought of…

Petro-Canada launching electric vehicle charging stations

Construction on more than 50 stations in coast-to-coast fast-charging network to begin this spring

Petro-Canada launching electric vehicle charging stationsA network of electric vehicle fast-charging stations is being launched across the country by Petro-Canada, which is part of Calgary-based energy giant Suncor. The company announced on Wednesday that more than 50 of these stations will be located along the Trans-Canada Highway at Petro-Canada stations from Nova Scotia to British Columbia. It said construction is…

One-quarter of Canadians didn’t save a penny in 2018

There's no better time to tighten the fiscal purse strings than when interest rates are on the rise: BMO

One-quarter of Canadians didn’t save a penny in 2018Here’s a scary thought on the state of household finances in Canada. A new report released on Tuesday by BMO said one-quarter of Canadians didn’t save a penny in 2018 as Canadian household credit burdens keep creeping higher. “The current environment is putting some pressure on Canadians' finances, making it more difficult for them to…
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