Shaw Communications posts net income of $187 million in quarter

‘Transforming into an agile, lean and digital-first organization,’ says CEO Brad Shaw

Shaw Communications posts net income of $187 million in quarterCalgary-based Shaw Communications Inc. reported on Monday net income of $187 million for its fiscal first quarter, which ended Nov. 30, 2018. It said net income rose from $111 million in the first quarter of fiscal 2018 “driven primarily by an increase in operating income before restructuring costs and amortization.” The company also said revenue…

Alberta leads the way in crude oil production increase

Statistics Canada said exports of crude oil and equivalent products increased 10.7% from the same month a year earlier

Alberta leads the way in crude oil production increaseCanada 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…

Using social media to make connections with customers

Ernest Barbaric of Ernest Media talks about adopting an agnostic and agile approach

Using social media to make connections with customersErnest Barbaric is a digital marketing strategist at Ernest Media, lead designer and instructor for digital marketing strategy at the Canadian Marketing Association and founder of the Social Media for Business program at Calgary's Mount Royal University. What's your feel about how businesses today have used social media to better their bottom line? Barbaric: Social…

Postmedia announces Q1 loss; Paul Godfrey stepping down as CEO

Postmedia announced Thursday the appointment of Andrew MacLeod as President and Chief Executive Officer

Postmedia announces Q1 loss; Paul Godfrey stepping down as CEOCanadian newspaper giant Postmedia announced Thursday the appointment of Andrew MacLeod as President and Chief Executive Officer, replacing Paul Godfrey as CEO of the media company. “It is with tremendous confidence that I recommended to the Board of Directors that the timing is right for Andrew MacLeod to take on the Chief Executive Officer position…

Canadian organizations struggling with inclusion and diversity

People with disabilities were the most underrepresented employment equity group

Canadian organizations struggling with inclusion and diversityWith all the emphasis in recent years on inclusion and diversity, you would think that Canadian organizations would have made a positive impact in that direction. But a new report released by the Conference Board of Canada on Thursday suggests inclusion strategies, investments and actions by Canadian organizations are not always aligned. The report, Measuring…

Tom Higgins: leadership truths from football to business

The CEO of the Canadian Football Academy talks about why team building, leadership and motivation are so important

Tom Higgins: leadership truths from football to businessTom Higgins is CEO of the Canadian Football Academy and a former coach in the Canadian Football League. What is the Canadian Football Academy and what does it do? Higgins: The CFA was born of an idea between me and Tony Fasano. We wanted to promote youth football in a positive, safe and skilful way.…

Husky looking at selling its gas stations

Retail and commercial network consists of more than 500 stations

Husky looking at selling its gas stationsHusky Energy has announced it is conducting a strategic review that could lead to it selling its Canadian retail and commercial fuels business, as well as its Prince George. B.C., refinery. “Our retail network and the Prince George refinery are excellent assets, with exceptional employees, which have made solid contributions to Husky over the years,”…

Energy industry giant TransCanada to change its name

’We believe the name TC Energy clearly articulates our complete business’

Energy industry giant TransCanada to change its nameTransCanada Corp. announced on Wednesday it will change its name to TC Energy “to better reflect the scope of the company’s operations as a leading North American energy infrastructure company.” The company said its shareholders will be asked to approve a special resolution to change the name at the company’s next annual and special meeting…

Creating The Next Face of (business) Leadership

Ann Marie MacDougall of LeaderBoom talks about preparing the next generation for the high-pressure global business arena

Creating The Next Face of (business) LeadershipAnn Marie MacDougall is president of LeaderBoom Inc. What is LeaderBoom and why was it created? MacDougall: LeaderBoom is a results-oriented firm launched in 2012 that provides just-in-time customized leadership development programs and advisory services designed to empower and accelerate performance in individuals, teams, organizations, and communities. We do this by integrating fresh insights mined through…

Shoppers Drug Mart launches ecommerce platform for medical cannabis

Virtual team of professionals will provide counselling and support for patients

Shoppers Drug Mart launches ecommerce platform for medical cannabisCanadian pharmacy giant Shoppers Drug Mart has launched an online platform for the sale of medical cannabis. “As trusted medication experts, pharmacists have an important role to play in the safe and informed use of medical cannabis. Today's announcement is a leap forward for those looking for professional oversight and trusted support in this area,”…

Navigating the cannabis cultivation question when buying real estate

Ryan DeLuca of the Calgary Real Estate Board talks about what a buyer can ask and what a seller must disclose about pot

Navigating the cannabis cultivation question when buying real estateRyan DeLuca is supervisor of training and compliance, member practice, with the Calgary Real Estate Board. What are the biggest potential impacts to the residential housing market of the legalization of cannabis? DeLuca: For some buyers, cannabis cultivation in a property may affect their ability to secure financing or homeowner’s insurance on that property. Some…

Report says oil prices expected to rise

Prices will improve because of increased demand from U.S. refineries, improving transportation capacity and mandatory productions cuts in Alberta

Report says oil prices expected to riseThe oilpatch in Alberta has had a tough go of it since oil prices collapsed in the latter part of 2014. But on Tuesday there was some good news from a new report released by Deloitte’s Resource and Advisory Group. It forecasts prices for Canadian heavy and light oil to improve somewhat in 2019 because…

Canadian merchandise trade deficit balloons to $2.1 billion

Exports fell almost 3% in November, mainly as a result of lower crude oil deliveries

Canadian merchandise trade deficit balloons to $2.1 billionCanada’s merchandise trade deficit with the rest of the world widened from $851 million in October to $2.1 billion in November, according to data released on Tuesday by Statistics Canada. The federal agency said that was due to exports falling by 2.9 per cent in November, mainly on lower crude oil exports, while imports decreased…

Why coaching makes sense for every business team

Cheryl Dyck of MSI Action Group and CASS Consulting talks about moulding leaders who inspire success

Why coaching makes sense for every business teamCheryl Dyck is president and CEO of MSI Action Group and CASS Consulting Inc. Tell me what you do? Dyck: At a high level, we work alongside business owners and their teams to build their success, like business advisers. We become confidantes of the business owners and help them plan their business future, growth and…

Canadian IPOs in 2018 down significantly from previous year

The top three issues were from three different sectors, a sign of diversity in the Canadian market

Canadian IPOs in 2018 down significantly from previous yearThe annual PwC survey of initial public offerings (IPOs) in Canada indicates that the fourth quarter of 2018 saw 22 new issues on three Canadian exchanges deliver $336 million in new equity, which brought the total for the year to $2.2 billion. This was less than half of the 2017 total and the final quarter…