U.S. trade talks key to future value of Canadian dollar

TD Economics report says energy prices are playing a decreased role in the strength of the loonie

U.S. trade talks key to future value of Canadian dollarIn spite of a strong Canadian economy and rising domestic interest rates, the Canadian dollar has been trading at a discount relative to its fundamental value, largely due to trade risks, says a report by TD Economics. “Our empirical work shows that over the last few years, non-fundamental or idiosyncratic factors are influencing the loonie…

New immigrants becoming key entrepreneurs in Canada

The higher self-employment rate among immigrants is due in part to their inability to find a good job: StatsCan

New immigrants becoming key entrepreneurs in CanadaA report by Statistics Canada says recent research suggests that during new immigrants’ first few years of adjustment in Canada, their business ownership rates are below those of Canadian-born entrepreneurs, but after four to 10 years in Canada, the situation has reversed. The report, released on Thursday, said that in 2010, about 5.8 per cent…

Canadian economy grew in the second quarter

Second-quarter growth was mainly driven by a 2.9% increase in export volumes: StatsCan

Canadian economy grew in the second quarterCanadian real gross domestic product (GDP) growth accelerated to 0.7 per cent in the second quarter, following a 0.4 per cent gain in the first quarter, reported Statistics Canada on Thursday. “Growth was mainly driven by a 2.9 per cent increase in export volumes — the largest gain since the second quarter of 2014. Exports…

Creating harmonious spaces with soul in the home

Ana Cummings of ANA Interiors strives to combine a sense of purpose, style, beauty, art and culture in her work for homeowners

Creating harmonious spaces with soul in the homeAna Cummings is owner and principal designer of ANA Interiors. Calgary's Business: Tell me about ANA Interiors. How and when did it start? What do you do? Cummings: ANA Interiors is a multiple national-award-winning full-service design and decorating firm, which was incorporated in 2016. I had practised professionally for 10 years prior to that under…

Helping businesses navigate uncertain social media world

The research provides a better understanding of demand and customer networks, particularly for new products or services

Helping businesses navigate uncertain social media worldResearchers at the University of Calgary have created a mathematical model aimed at helping businesses navigate uncertainty caused by social media. “We developed a model to estimate demand for a new product or service considering the combined effects of three factors of choice: intrinsic preference – the perceived utility of a product or service to…

Ignore the advice of HR professionals at your peril

Melanie Peacock of Double M Training & Consulting talks about the value that HR staff bring to the workplace

Ignore the advice of HR professionals at your perilMelanie Peacock is sole proprietor of Double M Training & Consulting and is president of the Mount Royal Faculty Association. Calgary’s Business: How has the role of HR departments changed over the years? Peacock: Most people talk about how HR departments have become less administrative and more strategic. I've certainly witnessed this, as HR professionals…

Digital economy a booming business in Canada

$8.1 billion worth of digital products were purchased between July 2017 and June 2018 or an average of $412 per purchaser: StatsCan

Digital economy a booming business in CanadaNearly 80 per cent of Canadians aged 18 and older reported using free versions or purchasing digital products, such as music and video streaming services, e-books, online games, mobile applications (apps) and computer software from July 2017 to June 2018, says Statistics Canada. Over the same period, 28 per cent of adults in Canada reported…

Calgary college opening career path for women in tech industry

InnoTech College has introduced a bursary to encourage women to train in technology fields

Calgary college opening career path for women in tech industryA Calgary college is tackling the issue of gender equality in the tech industry by helping women train for jobs in that sector. “It’s no secret that women are under-represented in the technology sector,” said Julie Rubin, president of InnoTech College. “We are hearing from employers that it’s a challenge to find skilled tech talent.…

Getting to the essence of good leadership

Patty Miller of Influence Genius strives to empower leaders by showing them how important trust is in a work dynamic

Getting to the essence of good leadershipPatty Miller is president/coach/chief genius influencer of Influence Genius. Calgary’s Business: What is The Leadership Circle? Miller: I’m very proud to be a certified practitioner/coach of The Leadership Circle. It’s definitely a robust tool I use with leaders and executives. It’s a powerful 360-degree tool that clearly illuminates for leaders their strengths for leadership effectiveness…

What are Canada’s top-rated workplaces?

Top 25 employers rated by Indeed, based on reviews from job seekers

What are Canada’s top-rated workplaces?Wondering what the top-rated workplaces are in Canada? According to a report released on Tuesday by Indeed, an online job site, Fairmont Hotels & Resorts leads the way, followed by Ledcor. “With such a tight labour market and a low unemployment rate, there is a lot of competition in recruiting today. In order to stand…

Why businesses need to embrace a long-term view

Adam Legge of the Haskayne School of Business works to provide firms with the tools to handle disruption while looking to the future

Why businesses need to embrace a long-term viewAdam Legge is director of Global Business Futures Initiative|Canadian Centre for Advanced Leadership at  the Haskayne School of Business at the University of Calgary. Calgary’s Business: What is the Global Business Futures Initiative|Canadian Centre for Advanced Leadership? Its purpose and mission? Legge: The purpose of the Global Business Futures Initiative is to enable firms to focus…

Empowering, advancing female leaders in the energy industry

Katie Smith of Young Women in Energy aims to increase and provide female voice, presence, development and leadership in the industry

Empowering, advancing female leaders in the energy industryKatie Smith is executive director at Young Women in Energy. Calgary’s Business: What is Young Women in Energy and can you give us some background on why and when it was formed? Smith: Young Women in Energy (YWE) is a non-profit organization established in 2013 with the vision of changing the face of energy. Now…

Canadian Pacific moving more grain

Railway plans to spend more than $1.55 billion in capital investments in 2018

Canadian Pacific moving more grainCanadian Pacific railway announced on Monday that it moved 25.8 million tonnes of Western Canadian grain and grain products, soybeans and other non-regulated principal field crops during the 2017-2018 crop year, up one per cent over the 2016-2017 crop-year and one per cent above its three-year average. It also said that September 2017 was CP's…

Skilled trade jobs go begging in Canada

Skilled trades are the hardest jobs to fill, followed by sales representatives and drivers: ManpowerGroup survey

Skilled trade jobs go begging in CanadaA new report by ManpowerGroup finds that 41 per cent of Canadian employers say they can’t find the skilled people they need to fill jobs. “We continue to see increasing demand for skilled workers across all sectors of the Canadian economy from trades and transport to sales,” said Darlene Minatel, country manager of ManpowerGroup Canada.…

Alberta sends bulk of crude oil to pipelines in Canada

Pipelines delivered 7.4 million cubic metres of crude oil to Canadian refineries in June, up 3.2% over last year

Alberta sends bulk of crude oil to pipelines in CanadaPipelines in Canada received 20.8 million cubic metres of crude oil and equivalent products from fields and plants in June, up 4.5 per cent compared with the same month in 2017, according to Statistics Canada. The federal agency reported 0n Monday that the vast majority of product came from Alberta at 86.4 per cent of…
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