Government House (Alberta)

Inventures brings millions in business investment to Calgary

Retrieved on: 
Wednesday, November 15, 2023

Key highlights from the study show that Inventures drives business investment and improves the perception of Alberta’s innovation ecosystem.

Key Points: 
  • Key highlights from the study show that Inventures drives business investment and improves the perception of Alberta’s innovation ecosystem.
  • $164-$256 million in business carried out, negotiated, or begun at the conference
    “Creating positive collisions between business leaders, investors, policymakers, and entrepreneurs is critical to growing a thriving tech space in Alberta.
  • The PwC assessment shows the tangible impact delivered through Inventures and the momentum is growing for 2024.”
    Alberta Innovates is participating in Calgary’s Innovation Week activities through its support for Platform Calgary and the Calgary Innovation Coalition.
  • Visit Inventurescanada.com for more information and future announcements for Inventures 2024 happening May 29-31, back in Calgary.

Pathways Alliance advances key oil sands CO2 emissions reduction activities

Retrieved on: 
Monday, November 27, 2023

This CCS network could reduce net CO2 emissions from oil sands operations by approximately 10 to 12 million tonnes annually by 2030 and as much as 40 million tonnes per year by 2050.

Key Points: 
  • This CCS network could reduce net CO2 emissions from oil sands operations by approximately 10 to 12 million tonnes annually by 2030 and as much as 40 million tonnes per year by 2050.
  • The first phase of the proposed Pathways Alliance plan calls for more than a $24 billion investment before 2030.
  • Steam reduction technologies to reduce the need for steam, which is a major driver of emissions from in-situ oil sands production.
  • Pathways Alliance is continuing analysis and evaluation of the application of small modular nuclear reactors (SMRs) as one of the many long-term methods to produce energy for industrial steam and sharply reduce CO2 emissions from oil sands production.

Alberta Cancer Foundation announces $10 million in support of cellular therapy excellence

Retrieved on: 
Wednesday, October 25, 2023

EDMONTON, Alberta, Oct. 25, 2023 (GLOBE NEWSWIRE) -- At a recent BioAlberta event in Edmonton, the Alberta Cancer Foundation announced a major boost for the province’s cellular therapy program – a revolutionary treatment for cancer that has the potential to dramatically improve survival rates for hard-to-treat cancers.

Key Points: 
  • EDMONTON, Alberta, Oct. 25, 2023 (GLOBE NEWSWIRE) -- At a recent BioAlberta event in Edmonton, the Alberta Cancer Foundation announced a major boost for the province’s cellular therapy program – a revolutionary treatment for cancer that has the potential to dramatically improve survival rates for hard-to-treat cancers.
  • “Cellular therapy may represent the most significant progress in curing some treatment-resistant cancers in decades.
  • And it’s happening right here, in Alberta,” said Wendy Beauchesne, CEO of the Alberta Cancer Foundation.
  • In 2018, the Alberta Cancer Foundation and the Government of Alberta kickstarted the Alberta Cellular Therapy Program, including a made-in-Alberta clinical trial led by the renowned Dr. Michael Chu.

Mphasis Anniversary Shines Spotlight on Alberta’s Tech Progress

Retrieved on: 
Wednesday, September 6, 2023

An India-listed technology powerhouse, Mphasis continues to make a significant positive impact on the province’s technology landscape through its strategic partnerships and workforce expansion.

Key Points: 
  • An India-listed technology powerhouse, Mphasis continues to make a significant positive impact on the province’s technology landscape through its strategic partnerships and workforce expansion.
  • Mphasis formed a strategic partnership with the University of Calgary and the Government of Alberta to announce the establishment of Quantum City - Canada, a cutting-edge project.
  • The Quantum City initiative solidified Alberta's prominence as a technology hub and accelerated the growth of the quantum ecosystem in Calgary.
  • Mphasis has achieved notable success in acquiring Alberta based clients, such as AgeCare Health Services Inc., a renowned provider of senior care services based in Canada.

Heidelberg Materials North America and MHI Are Working Toward First Full-Scale Carbon Capture, Utilization and Storage Solution for Cement Industry

Retrieved on: 
Tuesday, August 15, 2023

Through a partnership between Heidelberg Materials, the Government of Canada and the Government of Alberta, the facility is expected to become the first full-scale carbon capture, utilization and storage (CCUS) solution for the cement industry globally.

Key Points: 
  • Through a partnership between Heidelberg Materials, the Government of Canada and the Government of Alberta, the facility is expected to become the first full-scale carbon capture, utilization and storage (CCUS) solution for the cement industry globally.
  • Alberta Minister of Environment and Protected Areas, Rebecca Schulz, joined the Heidelberg Materials and MHI teams at the Edmonton cement plant to formally initiate operations of the pilot CO2 capture system.
  • “Alberta is widely recognized as a leader in developing CCUS technology thanks in large part to industry trailblazers like Heidelberg Materials,” said Minister Rebecca Schulz.
  • “Today is a substantial milestone in our journey to building the world’s first full-scale carbon capture project in the cement industry ,” said Joerg Nixdorf, Vice President Cement Operations, Northwest Region for Heidelberg Materials North America.

Heidelberg Materials North America and MHI Are Working Toward First Full-Scale Carbon Capture, Utilization and Storage Solution for Cement Industry

Retrieved on: 
Thursday, August 17, 2023

Through a partnership between Heidelberg Materials, the Government of Canada and the Government of Alberta, the facility is expected to become the first full-scale carbon capture, utilization and storage (CCUS) solution for the cement industry globally.

Key Points: 
  • Through a partnership between Heidelberg Materials, the Government of Canada and the Government of Alberta, the facility is expected to become the first full-scale carbon capture, utilization and storage (CCUS) solution for the cement industry globally.
  • Alberta Minister of Environment and Protected Areas, Rebecca Schulz, joined the Heidelberg Materials and MHI teams at the Edmonton cement plant to formally initiate operations of the pilot CO2 capture system.
  • "Alberta is widely recognized as a leader in developing CCUS technology thanks in large part to industry trailblazers like Heidelberg Materials," said Minister Rebecca Schulz.
  • "Today is substantial milestone in our journey to building the world's first full-scale carbon capture project in the cement industry," said Joerg Nixdorf, Vice President Cement Operations, Northwest Region for Heidelberg Materials North America.

Edmonton charities collaborate with police, government to help youth stay on the right track

Retrieved on: 
Friday, August 4, 2023

Together with the Edmonton Police Service (EPS), YMCA Youth Diversion and BGCBigs collaborate to provide this critical intervention.

Key Points: 
  • Together with the Edmonton Police Service (EPS), YMCA Youth Diversion and BGCBigs collaborate to provide this critical intervention.
  • Through the DIVERSIONfirst partnership, YMCA Youth Diversion and BGCBigs work with EPS to help direct youth away from the criminal justice system by intervening before they are criminally charged.
  • These programs help support vulnerable youth to be accountable for their actions and find a positive path forward.
  • We’re grateful to Homeward Trust Edmonton and the Government of Alberta for seeing the value of this important work.”

A New Era of Diversity for Canada’s Luxury Real Estate Market as Performance Diverges Across Major Cities

Retrieved on: 
Wednesday, July 19, 2023

TORONTO, July 19, 2023 (GLOBE NEWSWIRE) -- The performance of Canada’s major metropolitan luxury real estate markets diverged in the first half of 2023 as local market differences strengthened following the nation-wide housing boom from 2021 to the first quarter of 2022 and the period of near-universal market normalization over the past 12 months. Although the country’s major metropolitan markets continued to confront the common challenges of rising mortgage rates, economic uncertainty and macroeconomic headwinds, an era of common national performance trends has given way to regional diversity. The first half of the year revealed differentiation in luxury market performance that underscored the predominance of hyperlocal influences and, in particular, the impact of local housing supply and consumer sentiment on top-tier market activity.

Key Points: 
  • The city’s economic optimism, as well as favourable luxury housing prices, continued to attract in-migration and real estate investment from other parts of Canada.
  • “At the same time, Canadian luxury market performance has started to diverge, at times unpredictably, between major cities, neighbourhoods and housing types.
  • Evolving conditions in Montreal’s luxury real estate market are now enabling real estate buyers to negotiate more successfully for top-tier properties.
  • For more information on Sotheby's International Realty Canada and the Top-Tier Real Estate: 2023 Mid-Year State of Luxury Report, contact:

Governments of Canada and Alberta invest over $96 million to bring high-speed Internet access to more than 10,000 homes

Retrieved on: 
Tuesday, July 11, 2023

That is why the governments of Canada and Alberta are taking action to bring high-speed Internet access to underserved communities across Alberta.

Key Points: 
  • That is why the governments of Canada and Alberta are taking action to bring high-speed Internet access to underserved communities across Alberta.
  • On March 9, 2022, both governments announced a historic partnership to invest up to $780 million to provide high-speed Internet access to Albertans in rural, remote and Indigenous communities.
  • The governments of Canada and Alberta will continue to announce projects selected under this agreement over the coming months.
  • This investment will provide reliable high-speed Internet access to more than 10,000 underserved homes in 46 rural and remote communities in Alberta."

VOLT LITHIUM CORP. ANNOUNCES RESOURCE REPORT INDICATING 4.3 MILLION TONNES OF LITHIUM RESOURCE AT ITS RAINBOW LAKE PROPERTY WITH CONCENTRATIONS UP TO 121 mg/L

Retrieved on: 
Thursday, May 18, 2023

4.3 million tonnes of LCE in the Inferred Mineral Resource category from the Devonian aged Sulphur Point, Muskeg and Keg River (the “Elk Point Group”) aquifers.

Key Points: 
  • 4.3 million tonnes of LCE in the Inferred Mineral Resource category from the Devonian aged Sulphur Point, Muskeg and Keg River (the “Elk Point Group”) aquifers.
  • The Inferred Mineral Resource equates to 215 times the estimated peak production of 20,000 tonnes per year, demonstrating the sheer size and scale of this lithium asset.
  • Volt’s total land position at Rainbow Lake equals ~430,000 acres (~670 sections) and features over 1,300 producing wells from which to source brine.
  • A total of 41 samples of lithium measurements, including public and private data, were used to generate the estimated lithium concentration across the Rainbow Lake Property.