Mainstreet Equity records best fiscal year since recession

A return to double-digit growth across all of its key real estate metrics

Mainstreet Equity records best fiscal year since recessionMainstreet 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…

Capital expenditures in Canadian oil patch plunge 58% from 2014

ATB report blames the decline on the completion of major projects and the dramatic oil price differential

Capital expenditures in Canadian oil patch plunge 58% from 2014The news from the oil patch continues to raise concerns across Alberta and Canada. The latest is the revelation that capital expenditure in the oil patch, a driving force of the national and provincial economies, is falling again. ATB Financial’s Economics & Research Team on Thursday released data from Statistics Canada indicating that there were “whispers…

Canada a dry hole for oil and gas investors

Onerous regulations, higher taxes and a lack of pipeline capacity are taking their toll on Canada’s energy sector: Fraser Institute

Canada a dry hole for oil and gas investorsThe oil and gas sector in Canada has been through some challenging times in recent years, making investment in the sector nowhere near what it used to be. A new report released on Thursday by the Fraser Institute, an independent Canadian public think-thank, indicates just how bad that’s become. The 2018 Global Petroleum Survey said no…

Has Saskatchewan Government Insurance outlived its purpose?

A private insurance corporation would be better suited to take on any risk, instead of leaving taxpayers to bear losses

Has Saskatchewan Government Insurance outlived its purpose?Ian Madsen and Alexandra Burnett Frontier Centre for Public Policy Many Crown corporations created long ago are showing signs that they’re no longer appropriate for life in evolving competitive markets. Saskatchewan Government Insurance (SGI) may be one that’s outlived its purpose of providing vehicle insurance to Saskatchewan drivers. SGI is the monopoly owned by the…

Is the ‘shale revolution‘ already winding down?

The efficiencies of shale exploitation technology may be sowing the seeds of a rapid decline

Is the ‘shale revolution‘ already winding down?Calgary’s Business and Troy Media are pleased to welcome Brad Hayes to our roster of contributors. Brad is president of Petrel Robertson Consulting Ltd., a geoscience consulting firm addressing technical and strategic issues around conventional and unconventional hydrocarbon exploration and development. He earned a PhD in geology from the University of Alberta, and a BSc…

Officials present highway options at open house

Among the improvements: accommodating increased traffic, balancing mobility and access and maintaining the 70 km/h speed limit

Officials present highway options at open houseKenneth Brown of The Clarion Safety improvements will be made along the Highway 7 corridor through Kindersley and options have been presented to people during an information session. The options were presented to the public on Oct. 23 at the Elks Hall in Kindersley. Representatives with the ministry of highways and infrastructure, Town of Kindersley…

Canadian oil production on the rise

StatsCan says crude oil production totalled 20.7 million cubic metres in July, up 7.6% from a year earlier

Canadian oil production on the riseCanada produced 22.5 million cubic metres (141.4 million barrels) of crude oil and equivalent products in July, up 8.1 per cent compared with the same month in 2017, says Statistics Canada. “The rise in production of crude oil and equivalent products in July was primarily attributable to a 15.2 per cent increase in non-upgraded crude…