Active rigs in Alberta down by 34% on average: ATB

According to the Canadian Association of Oilwell Drilling Contractors, each active rig represents about 21 direct jobs and 124 indirect jobs

Active rigs in Alberta down by 34% on average: ATBNew data released on Wednesday by ATB Financial’s Economics & Research Team indicates the Alberta oil and gas drilling industry is still struggling. In its daily economic update The Owl, the team said the average number of active rigs over the first nine months of 2019 was 92, compared to 140 over the same period…

Alberta government has few options for reducing costs: report

Any cuts must be made judiciously, taking into account the fact that services must be maintained at certain levels, says U of C report author

Alberta government has few options for reducing costs: reportShort of imposing a sales tax, and hampered by low energy revenues, the Alberta government has few options for reducing expenditures and making a dent in it’s $8.8-billion deficit, says a new report by the University of Calgary’s School of Public Policy. “The most obvious area for the new government to cut would therefore be…

Who will lead Alberta to a new energy future?

How well prepared is Alberta for the disruptive change coming to the province’s energy sector?

Who will lead Alberta to a new energy future?This past week has seen further waves buffeting the oil industry. Millions of people around the world marched on Friday demanding climate action, and British Columbia won a court ruling that temporarily blocks Alberta’s turn-off-the-taps legislation. Against this backdrop, the recent Energy Disruptors conference in Calgary was timely indeed. The event brought about 1,500 energy…

Want better MLAs? Pay them more, not less

We discourage skilled and experienced people from entering elected public life, since seeking office means forgoing significant income and often involves significant sacrifice to their families

Want better MLAs? Pay them more, not lessRecently-announced pay cuts to members of Alberta’s legislature raise the important question of whether our elected representatives get paid too much or even enough. Outside of political considerations, the question of salaries is important because we link attracting talent to pay. With the new cuts, the Alberta premier will make around $167,000, cabinet ministers about…

Building a winning engineering team

Mauro Plenzik talks about how Maskell Plenzik & Partners has kept abreast of a changing marketplace, remaining prepared, nimble and capable

Building a winning engineering teamMauro Plenzik is principal of Maskell Plenzik & Partners Engineering Inc. in Calgary. What is Maskell Plenzik & Partners Engineering and what do you do? Plenzik: Maskell Plenzik and Partners is an electrical engineering consulting firm that specializes in buildings’ electrical, communication and security design. Further to the broad range of design services we provide…

Imports to Alberta hit $47 billion in 2018

Almost 75% of last year’s imports originated in the U.S. Asian countries accounted for 11% and 10% came from European countries

Imports to Alberta hit $47 billion in 2018Merchandise imported by Alberta businesses in 2018 rose by nearly seven per cent from 2017, reaching just over $47 billion, according to Statistics Canada data. In a report released Thursday, ATB Financial’s Economics & Research Team cited StatsCan’s research showing that 21,154 businesses in Alberta bought $47.2 billion worth of goods last year. That was…

Alberta population growth to lead nation: StatsCan

Twenty-five-year projections say other Prairie provinces would also see considerable growth

Alberta population growth to lead nation: StatsCanStatistics Canada says that in all scenarios the rate of population growth in Alberta would be the highest among Canadian provinces over the next 25 years. “By 2043, Alberta's population would number between six million and 7.3 million inhabitants depending on the scenario, compared with 4.3 million in 2018,” said the federal agency. “Together, Alberta…

Alberta Energy Regulator overhaul a dangerous game

Weaken the regulatory framework at your peril. Sloppy regulation begets sloppy industrial operation. And that drives investment away

Alberta Energy Regulator overhaul a dangerous gameGrant Sprague and Bev Yee, Alberta deputy ministers of energy and environment respectively, are very capable senior bureaucrats. Here’s hoping they bring to bear all their skills for the review of the Alberta Energy Regulator. They should keep in mind that the review ought not to be the witch hunt the current political framing suggests…

Canada still world’s preferred supplier of oil, natural gas: survey

Canada's oil and natural gas industry should play a major role in meeting global energy demand: CAPP

Canada still world’s preferred supplier of oil, natural gas: surveyThe world wants Canadian oil and natural gas, according to an updated international research survey by Ipsos, conducted on behalf of the Canadian Association of Petroleum Producers (CAPP). In the 2019 Global Energy Pulse, a follow up to its 2017 survey, Ipsos found respondents from 31 countries chose Canada as their No. 1 oil and…

Implementing online safety training that works

Robert Day talks about the technology that Integrity Advocate has developed to verify that online students complete the training required of them

Implementing online safety training that worksIntegrity Advocate co-founder Robert Day is a licensed investigator and paralegal. Can you tell me what you do? Day: I’m a co-founder of a company called Integrity Advocate, as well as a licensed paralegal and investigator. I co-developed the patented technology that Integrity Advocate is known for, which addresses legality and effectiveness concerns associated with…

Excessive government spending blamed for Alberta deficit

The Fraser Institute report says Alberta spends more per person than every other large province in Canada

Excessive government spending blamed for Alberta deficitA report released on Friday by the Fraser Institute, a public policy think-tank, says excessive government spending is to blame for Alberta’s deficit. The study said if the Alberta government had held the line on spending over the past four years, it would have balanced the budget in 2018-19 instead of having a $6.7-billion deficit.…

Bailing out Alberta? ATB could do it

If I were king of Alberta, I’d instruct ATB to use its credit reserves to start buying up Alberta debt on the bond markets

Bailing out Alberta? ATB could do it“It keeps getting worse, buddy,” proclaimed Chuck from across the garden fence. “Four years of socialist rule and we’re heading for debtor’s prison. Thank God the PCs are back in.” “They’re not Progressive Conservatives anymore,” I retorted, “they’re UCPs – United Conservatives – and exaggerating the debt is what conservative Conservatives do, it’s called austerity…

International tourists spent $2.2 billion in Alberta in 2018

And 2019 shows signs of being an even better tourism year for the province, according to an ATB report

International tourists spent $2.2 billion in Alberta in 2018Alberta offers international tourists numerous places to visit. And international visitors seem to love coming to this province. Last year, international visitors (including business travellers) spent almost $2.2 billion in the province. And spending in the first three months of 2019 was 26 per cent higher than during the same period last year, says a…

Regular EI beneficiaries keep falling in Alberta

Nationally, 442,600 people received regular EI benefits in June, down 180 from the previous month and by 21,280 from last year

Regular EI beneficiaries keep falling in AlbertaThe number of Employment Insurance beneficiaries in Alberta declined in June for the fourth consecutive month, down 2.8 per cent to 47,700, according to data released on Thursday by Statistics Canada. “There were decreases in the CMAs (census metropolitan areas) of Edmonton (-5.0 per cent) and Calgary (-1.7 per cent), as well as in the…

The objectivity of the non-objective columnist

Calgary Herald columnist Licia Corbella wrote a column in favour of Jason Kenney while a member of the UPC. Is this misstep a fate worse than death?

The objectivity of the non-objective columnistHaving been a columnist for more than two decades, I obviously understand this profession inside and out. Yet I’m still constantly amazed how little the average Canadian knows about column writing, even if he or she has been reading a publication’s opinion/comment section for the equivalent of a lifetime. Here’s a recent example. Sean Craig,…
1 2 3 21