Notley working to get Alberta off the boom-and-bust roller-coaster

Alberta Premier Rachel Notley explains why and how the province can have both a diversified economy and a strong energy sector

Notley working to get Alberta off the boom-and-bust roller-coasterRachel Notley is premier of Alberta. Calgary’s Business: What’s your overall sense of Alberta's economy and where it's at today and more importantly where it’s headed in the future? Notley: We know things are looking up. You may have heard the jobs numbers before: 90,000 full-time jobs created last year, mostly in the private sector.…

Tax hikes discouraging entrepreneurship in Alberta

'Entrepreneurship is inherently risky and higher personal income taxes decrease the potential income (and reward) for entrepreneurs'

Tax hikes discouraging entrepreneurship in AlbertaA report by the Fraser Institute says Alberta’s personal income tax rate hike may prevent 1,374 new businesses from starting in the province. “Recent tax hikes by the Alberta government are discouraging entrepreneurs from starting new businesses, which are vital for economic growth and prosperity and drive innovation,” said Charles Lammam, director of fiscal studies…

Academic results another reason to support school choice

In British Columbia, independent schools outperform public schools in academic achievement

Academic results another reason to support school choiceFor some students, the end of the school year means saying goodbye to one school and hello to another, so it’s an opportune moment for parents to reflect on school choice. In British Columbia, independent schools – operating outside the public system – provide the bulk of educational choice. There are many benefits to the…

Alberta unemployment rate inches up as more people seek work

But 2000 more positions were created in Alberta in June, to a total of 33,600 year-over-year

Alberta unemployment rate inches up as more people seek workAlberta’s unemployment rate jumped to 6.5 per cent in June, according to Statistics Canada. The federal agency reported on Friday that the rate was up from 6.2 per cent the previous month. However, the number of jobs in the province moved in a positive direction as 2000 positions were created month-over-month and 33,600 year-over-year. Nationally,…

Oil prices expected to decline in the coming months

The latest forecast from Deloitte cites increased OPEC output and slipping international demand for oil

Oil prices expected to decline in the coming monthsGlobal oil prices are expected to recede in the coming months after reaching their highest values since 2014. The latest forecast from Deloitte’s Resource Evaluation and Advisory group says that as Organization of Petroleum Exporting Countries (OPEC) increase output and international demand for oil declines in the second half of the year, prices will fall. The…

Enbridge sells natural gas business for $4.3 billion

Gathering and processing operations in Alberta and B.C. sold to Brookfield Infrastructure and partners

Enbridge sells natural gas business for $4.3 billionCalgary-based Enbridge is selling its Canadian natural gas gathering and processing business in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta. Brookfield Infrastructure and its institutional partners are acquiring the assets for $4.31 billion. The deal is subject to customary closing adjustments and receipt of regulatory approvals, said…

Alberta, B.C. will drive Canadian economy over next two years

Across the country, manufacturing orders are climbing, infrastructure spending continues and investment is recovering, report says

Alberta, B.C. will drive Canadian economy over next two yearsAlberta will be a leader in national economic growth this year and next, according to a report by Scotiabank Economics. The report said Alberta’s economy will grow by 2.4 per cent this year, followed by 2.5 per cent growth in 2019. That follows a 4.9 per cent increase for the province in 2017. Alberta’s level…

Alberta can’t blame the equalization system for its economic mess

Undisciplined spending by successive governments is responsible for Alberta’s fiscal problems

Alberta can’t blame the equalization system for its economic messBy Ben Eisen and Steve Lafleur The Fraser Institute In William Shakespeare’s Julius Caesar, one of the conspirators encourages his ally not to blame fate for his misfortunes, but rather to recognize his own responsibility. “The fault, dear Brutus, is not in our stars, but in ourselves,” says Cassius. When it comes to the state…

Alberta can learn from B.C.’s independent school success

Independent schools provide increased choice and better outcomes for students than the current model Alberta employs

Alberta can learn from B.C.’s independent school successAs another school year ends, it’s a good time to reflect on kindergarten-go-Grade-12 education in Alberta, including independent schools and how they fit into the overall model of education. Although more and more families are choosing independent schools, there are many who view these schools with suspicion and would prefer a more homogenized system. However,…
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