edmonton alberta economy: No Rest For the Aged - 04/27/11 10:44 PM
"The Alberta government wants aging workers to put off retirement instead of putting golf balls as a way to stave off a looming labour shortage. Employment and Immigration Minister Thomas Lukaszuk released Wednesday a strategy aimed at encouraging more mature workers to stay on the job."As we gear up for a busy stretch in the economy, labour shortages loom. This is a good problem to have, much better than not enough jobs. We'll see more folks drift back to Alberta as the economy starts and an influx of new Canadians pouring in that will help the shortages. I already see an … (2 comments)
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edmonton alberta economy: This and That - 03/28/11 11:08 AM
Strong oil, wheat prices buoy Alberta's economy - "A new survey suggests happy days are here again for Alberta's economy with crude oil and grains poised to be the hottest commodities in the coming year.
According to the report by Barclays Capital, investors are increasingly bullish on both oil and grain, with prices for both viewed as likely to continue to rise amid geopolitical uncertainty and weather challenges around the world.
"The fact of it is agriculture is a good news story today," said Richard Phillips, the head of the Grain Growers of Canada"
Good signs in agriculture are good signs … (1 comments)
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edmonton alberta economy: Save the date - Alberta REIN All Day Workshop - 12/22/10 05:49 PM
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… (4 comments)
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edmonton alberta economy: Listen in to CBC real estate interview - 12/17/10 09:49 AM
Click here to hear Realtor Rod Thompson give an update on Edmonton's real estate market.He confirms it's a buyer's market but points out that selling and getting your price takes a lot more skill in these times. Buyer's take your pick because it's a great time for you. I'm buying now too!He also touches on the importance of staging, the new mls.ca listing rules and 2011 market forecast. … (0 comments)
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edmonton alberta economy: This and That - Edmonton's looking great! - 03/09/10 05:43 PM
Rosy outlook shines on Alberta's economy - "More signs emerged Monday that an economic rebound is starting to take hold in Alberta, as new home construction soared and the hiring outlook improved.At the same time, rising oil prices continue to boost financial markets, adding more positive momentum to the provincial outlook, analysts said.""It looks like we've hit the bottom and we're edging back up in Alberta," said Jacques Marcil, economist with Canada West Foundation, a Calgary-based think-tank.Tripling of housing starts returns builders to pre-recession levels - "There is optimism that the market is showing stability for 2010," "Single-family homes are selling … (1 comments)
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edmonton alberta economy: This and That - Edmonton News - 02/28/10 06:33 PM
Time for a reality check on Alberta's dirty oil - "The real problem here is that most Americans don't have a clue of the importance our energy resources are for them. Shame on them for not knowing, Shame on us for not telling them loud and clear.
It is our energy that keeps them warm in the winter and cool in summer, and without it they are going to have a very difficult time competing with rising powers like China, India and Brazil.
Getting that message out is becoming increasingly important.
Op-ed articles in the New York Times and USA Today … (0 comments)
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edmonton alberta economy: This and That - 11/25/09 06:22 PM
Alberta Spends $2Billon for largest Carbon Capture Pipeline in the world -"Alberta will spend $2 billion over the next 15 years to push through with the largest pipeline system in the world to capture carbon dioxide. The green signal for the project was the recent signing of Letters of Intent with the Alberta government by Shell and TransAlta Corporation.Once the two projects start in 2015, the yearly C02 reductions would be equivalent to tailpipe emissions of one million vehicles or removing off the road one-third of all the registered vehicles in Alberta."That is an incredible reduction of Carbon emissions! Alberta Productivity … (0 comments)
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edmonton alberta economy: This And That - 07/30/09 11:00 PM
Alta. premier tells Ottawa not to be 'boy scouts' on climate change - “We just want to be very careful that we’re not boy scouts leading here and finding that our best trading partner may have a different plan or approach to climate change,” Ed StelmachThe environment is the number 1 priority but not so much that the economy should falter. Look at our record with the Kyoto accord. Alberta doldrums Province's employment insurance claims skyrocket, according to recent survey - ATB Financial senior economist Todd Hirsch said layoffs are usually a method of last resort for cash-strapped employers and younger, … (1 comments)
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edmonton alberta economy: Edmonton employment figures doing well - 07/12/09 10:44 PM
A lot of jobs in Alberta are seasonal so jumps in unemployment numbers in spring, more students looking for jobs, or dips in winter, oil sands job fluctuations, aren't really indicative of the province's economic health.In Edmonton some workers are getting laid off or hours reduced but skilled workers are still in incredible demand. In direct contradiction to higher unemployment numbers."We're hearing employers are having difficulty finding people," "The Shell Scottford construction is seeking over 1,000 tradespeople and Flint Energy is having difficulty finding 200 journeymen pipefitters." "the worst-hit areas in Alberta for job losses are the agriculture sector, wholesale and … (0 comments)
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edmonton alberta economy: Come to Edmonton - 06/20/09 12:52 AM
The elite of Edmonton bankers made their way to Toronto to lure finance specialist and, hopefully, more capital to Alberta."Alberta is going to be generating a lot of investment potential in the next 20, 30 years, so we think it's important to have a homegrown financial services industry," says Ron Gilbertson, president and chief executive of Edmonton Economic Development Corp.Edmonton, Alberta already has $135 Billion, no not million, being managed out of the city. The city has already attracted a lot of capital but now needs savvy professionals to handle and grow it. "We have the whole ball of wax," Mr. … (0 comments)
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edmonton alberta economy: Jobless rate high but low. It's all perspective. - 06/08/09 04:36 AM
Today headlines screamed "Edmonton Jobless rate a 12-year high" the jobless rate is almost double what it was last year this time at 6.6%. This is due to summer job seeking students and possibly an influx of new Albertans looking for work in what many think is the best place in Canada to get a job."The sharply rising labour market is a reflection that Alberta is still enjoying an inflow of interprovincial migrants. Canadians from other provinces are still regarding Alberta as one of the better places in the country to be looking for work." ATB Financial senior economist Todd HirschHowever, … (0 comments)
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edmonton alberta economy: This And That - 06/04/09 07:24 PM
Highway Improvements to Create Jobs in Alberta - "Stimulating our economy and keeping people working during these tough economic times is a top priority for our Government," said Minister Merrifield. "The strong relationship between our two governments enables us to work together to help Alberta communities remain competitive and prosperous, while contributing to the long-term economic growth of our country."
"Our Government is fulfilling the commitments we made in Canada's Economic Action Plan," said Minister Ambrose. "By investing in roads and highways, we will help give our economy the boost it needs, while also creating opportunities to keep Albertans working throughout … (0 comments)
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edmonton alberta economy: Alberta Cities North American Top Economies - 05/29/09 02:01 AM
Regardless of what is happening in the short term Alberta, specifically Edmonton and Calgary are the best places to keep your money for long-term returns.
"Cowtown is Wowtown but Edmonton isn't far behind, says a report released yesterday that gave Calgary a top-of-the-class grade on a global scorecard for overall economic prosperity.
Calgary was the lone metropolis in a survey of international commerce heavyweights to earn an A grade in the Calgary Economic Development-commissioned Conference Board of Canada report.
Edmonton was third. Dallas was sandwiched at second between Alberta's two major centres in the 23-city ranking.
Such results aren't surprising for … (2 comments)
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edmonton alberta economy: Edmonton Mayor Mandel Sees Sunny Side - 05/11/09 07:30 AM
Edmonton Mayor Stephen Mandel sees the sunny side of the "bust". He's not being a Pollyanna rather a realist who realizes the area as the economic powerhouse that it is.Below are Mayor Mandel's quotes from an exclusive interview with Metro“(Edmonton was) so overpriced that it was ridiculous,”“What we need to do now is to retrench and plan for what we are going to do in the future.”“(We) need to put in place a kind of infrastructure planning so we don’t face the huge growth, the huge pressure on our economic growth that has happened here over the last three or four … (0 comments)
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edmonton alberta economy: Stable conditions for the long term - 05/09/09 04:41 AM
Edmonton real estate market expected to be steady in 2009 -"Buyer reluctance will continue through the first part of the year, but confidence will return in the latter part of the year and sales will pick up," Charlie Ponde with the Realtors Association of Edmonton
To read more: RBC Housing Market Outlook 2009 RBC Provincial Forecast 2009 Alberta's Growing Workforce Edmonton's exceptional economy, industrial expansion and business confidence creates a climate that promotes long-term investments such as property. The conditions that are helping to fuel unrelenting demand for housing, pushing building permit values, housing starts and resale prices to record levels. … (0 comments)
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edmonton alberta economy: Does Fiction Become Reality? - 04/13/09 03:12 AM
This is a great article by the Edmonton Journal's Gary Lamphier. When the media is all over the place with one faction calling for the worst recession/depression Canada has ever seen to another saying we completely will not follow our southern neighbours you need someone to say, "Hey these are the facts"It seems as though there is nothing more entrenched in the public's mind than Alberta is a boom and bust province. Well, what if it weren't?Mr. Lamphier's point is that when your really crunch the numbers (as you always should) the headlines and the facts are two completely different things."..... … (0 comments)
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