Alberta

Moving forward: ATB Financial's forecast for Alberta's economy in 2022

Retrieved on: 
Thursday, November 25, 2021
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Alberta's real GDP is expected to rebound by 6.3% in 2021 followed by growth of 4.0% in 2022 and 2.5% in 2023.

Key Points: 
  • Alberta's real GDP is expected to rebound by 6.3% in 2021 followed by growth of 4.0% in 2022 and 2.5% in 2023.
  • "Alberta lost the most economic ground of any province in 2020,'' said Todd Hirsch, vice president and chief economist at ATB Financial.
  • With the current high oil and natural gas prices, historically a boom in the economy would be expected.
  • As a result, we are anticipating only a modest rise in oil and gas capital expenditures in 2022 and 2023.

Keith Creel named 2021 CEO of the Year by Globe and Mail's Report on Business

Retrieved on: 
Wednesday, November 24, 2021
Senior, CN, AZ Business Magazine, Chair, CEO, General manager, Transport, Partnership, Burlington Northern Railroad, Marketing, Advanced Management Program, Leadership, Solution, Illinois, Illinois Central Railroad, Jacksonville State University, Army of the United States, Canadian Pacific Railway, CP, Globe, Triple accreditation, Grand Trunk Western Railroad, Anglo-French Wars, Strategist, Harvard Business School, AB, Management, Oil

CALGARY, AB, Nov. 24, 2021 /PRNewswire/ -Mr. Keith Creel, CP President and Chief Executive Officer, has been named 2021 CEO of the Year and Strategist of the Year by The Globe and Mail's Report on Business Magazine.

Key Points: 
  • CALGARY, AB, Nov. 24, 2021 /PRNewswire/ -Mr. Keith Creel, CP President and Chief Executive Officer, has been named 2021 CEO of the Year and Strategist of the Year by The Globe and Mail's Report on Business Magazine.
  • A cover profile of Mr. Creel and his leadership at CP will appear in the Nov. 27, 2021 issue.
  • "It is my honor to accept this award on behalf of the entire CP family of railroaders," said Keith Creel, CP President and CEO.
  • The Globe and Mail's Report on Business Magazine named five winning leaders representing the best of corporate leadership, strategy, innovation, vision and responsibility.

The Highly Anticipated Quantum Stake Token Launch is Upon Us!

Retrieved on: 
Wednesday, November 24, 2021
Crypto, EST, Quantum, BNB, Gambling, AB, Cryptocurrency

The QStake team are also addressing one of the limitations of other native token distribution systems, which is holders needing to sell tokens to see any profit.

Key Points: 
  • The QStake team are also addressing one of the limitations of other native token distribution systems, which is holders needing to sell tokens to see any profit.
  • The QStake redistribution coupled with the weekly Quantum rewards system means that holders will experience higher weekly rewards from just earning and holding the redistributed tokens.
  • You'll need to use the token address to add it, copy and paste the token address: 0xde9f1d0c848e8e2ea6c61ccbc1c8a4a509bcc7f8
    You're now ready to swap!
  • Click "Add Token" and enter the token address: 0xde9f1d0c848e8e2ea6c61ccbc1c8a4a509bcc7f8

Rigstar Industrial Telecom Top Ten IoT Provider

Retrieved on: 
Wednesday, November 24, 2021
Networks, Internet, Mobile, Wireless, Technology, Telecommunications, Industry, Forest Industries Telecommunications, CRTC, IOT, Top Ten, Agriculture, Organization, Forestry, ISP, Multimedia, Canada's Top Ten, Mobile phone

Rigstar Industrial Telecom (Rigstar), a leader in providing Industrial Telecommunication services, announced that it was recognized as a top ten IoT solution provider.

Key Points: 
  • Rigstar Industrial Telecom (Rigstar), a leader in providing Industrial Telecommunication services, announced that it was recognized as a top ten IoT solution provider.
  • The award, selected by CIO Applications highlights our commitment to delivering a secure and reliable IoT Network to organizations in urban and remote areas.
  • View the full release here: https://www.businesswire.com/news/home/20211124005855/en/
    Rigstar recognized as the Top Ten IoT Solutions Provider (Photo: Business Wire)
    Weve always focused on innovation and want to keep pushing the boundaries when it comes to IoT, said CEO Daniel Grisdale.
  • Rigstar Communications Inc. which operates as Rigstar Industrial Telecom (Rigstar), is a privately held entity that delivers full life-cycle communication services to organizations with expansive and remote network requirements across Canada and the USA.

Certarus Enters Agreement with McEwen Mining to Provide a Cleaner Energy Solution for Mine Air Heating

Retrieved on: 
Wednesday, November 24, 2021
MUX, Carbon, Mining, CEO, CNG, Industry, Achievement, NYSE, Heat, Gold, TSX, MacEwen, COVID-19, Froome, RNG, Corporation, Risk, Propane, Carbon footprint, Intention, Multimedia, Natural gas, Comment, AB

CNG will be used to replace propane as the primary fuel for heating at both the Froome and Black Fox Mines.

Key Points: 
  • CNG will be used to replace propane as the primary fuel for heating at both the Froome and Black Fox Mines.
  • "At McEwen Mining, we are constantly looking for new ways to improve the environmental performance of our operations.
  • That's a big win for our business," said Rory Greyvensteyn, Director of Operations, McEwen Mining Canada.
  • By displacing more carbon intensive fuels, Certarus is leading the energy transition and helping customers lower operating costs and improve environmental performance.

Surface Transportation Board Accepts CP-KCS Merger Application as Complete, Sets Procedural Schedule

Retrieved on: 
Tuesday, November 23, 2021
Trucking, Rail, Maritime, Air, Transport, Other Transport, Missouri, Analysis, Annual report, NYSE, Form, Compliance, Weather, Crime, Result, TSX, Telephone, S.A, Financial condition report, Prospectus, CP, Investment, Risk, Board, Climate change, Uncertainty, KCS, AS, STB, Panama Canal Railway, Kansas City Southern Railway, FLI, Public opinion, Earthquake, Public expenditure, News, Insurance, Sale, Review, Transport, Violence, Solution, Flood, Drought, U.S. Securities and Exchange Commission, Attention, AND, Canadian Pacific Railway, KSU, Maintenance, Securities Act of 1933, Terrorism, Industry, SEC, Section 10 of the Canadian Charter of Rights and Freedoms, COVID-19, Corporation, Tax, Surface Transportation Board, Avalanche, Panama Canal, Form F-4, THE, Oil, Security (finance)

Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (CP) and Kansas City Southern (NYSE: KSU) (KCS) today announced that the Surface Transportation Board (STB) has accepted the joint CP-KCS merger application as complete.

Key Points: 
  • Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (CP) and Kansas City Southern (NYSE: KSU) (KCS) today announced that the Surface Transportation Board (STB) has accepted the joint CP-KCS merger application as complete.
  • We are pleased that the Board has accepted our comprehensive joint application and declared it complete, said Keith Creel, CP President and Chief Executive Officer.
  • I would like to thank all those involved in submitting our successful application as part of our continuing work to bring our two companies together.
  • In the same decision, the Board also set a procedural schedule for the regulatory review that calls for final briefs on July 1, 2022.

Staple Street Capital Sells Ironline Compression to Surepoint Technologies Group

Retrieved on: 
Tuesday, November 23, 2021
Banking, Professional Services, Finance, Partnership, Sale, CEO, Investment, SSC, Growth, Culture, Company, Ownership, Security (finance)

Staple Street Capital (Staple Street Capital or SSC), a leading middle-market private equity firm with approximately $800 million of capital under management, is pleased to announce the sale of Ironline Compression (Ironline) to Surepoint Technologies Group (Surepoint).

Key Points: 
  • Staple Street Capital (Staple Street Capital or SSC), a leading middle-market private equity firm with approximately $800 million of capital under management, is pleased to announce the sale of Ironline Compression (Ironline) to Surepoint Technologies Group (Surepoint).
  • Tim Kelley, CEO of Ironline stated, We want to thank the Staple Street Capital team for their partnership and support over the years.
  • Staple Street Capital made significant investments in Ironline and provided valuable resources to make Ironline a leading player in the Western Alberta compression solutions market.
  • The partners at Staple Street Capital added, We are proud of the Ironline team and all that they have achieved during our ownership.

New report: Indigenous contributions to Alberta's economy significant but plenty of room for growth

Retrieved on: 
Tuesday, November 23, 2021
Senior, Mental health, Technology, Income, Indigenous Services Canada, Partnership, MNP, Truth, Health, PAR, Education, Entrepreneurship, Truth and Reconciliation Commission (South Africa), Business, ATB Financial, GDP, Investment, Parity, CCAB, ATB, Employment, Certification, Truth and Reconciliation Commission of Canada, Growth, AB, Oil, Management

Clayton Norris, MNP's Vice President of Indigenous Services, says the report demonstrates the significant economic contribution of Indigenous Peoples in Alberta and aims to quantify those contributions and understand the potential for growth in the pursuit of parity.

Key Points: 
  • Clayton Norris, MNP's Vice President of Indigenous Services, says the report demonstrates the significant economic contribution of Indigenous Peoples in Alberta and aims to quantify those contributions and understand the potential for growth in the pursuit of parity.
  • "The economy will really take off when employment and income levels of Indigenous Peoples are at the same levels as other Albertans, which could be achieved by continued investments in education, health, infrastructure and business partnerships," said Norris.
  • "This report seeks to bring the facts to the discussion about the current contribution of the Indigenous economy, " said Jon Horsman, ATB Financial's Senior Executive Vice President, Business.
  • It requires us all to be mindful and purposeful in advancing reconciliation and Indigenous inclusion in business and the economy."

CP donates $100,000 to Canadian Red Cross to support recovery efforts in B.C., will match employee donations until end of year

Retrieved on: 
Tuesday, November 23, 2021
NYSE, Transport, Solution, TSX, Flood, Milk, Canadian Red Cross, British Columbia, CP, Canadian Pacific Railway, Cook's Ferry Indian Band, Food, International Red Cross and Red Crescent Movement, AB, Oil

CALGARY, AB, Nov. 23, 2021 /PRNewswire/ -Canadian Pacific (TSX: CP) (NYSE: CP) announced today that it will donate $100,000 to the Canadian Red Cross to support the 2021 British Columbia Floods and Extreme Weather appeal.

Key Points: 
  • CALGARY, AB, Nov. 23, 2021 /PRNewswire/ -Canadian Pacific (TSX: CP) (NYSE: CP) announced today that it will donate $100,000 to the Canadian Red Cross to support the 2021 British Columbia Floods and Extreme Weather appeal.
  • "We hope that this contribution will support the Canadian Red Cross efforts to aid residents in immediate need of shelter, food and other essentials in wake of this disaster and help residents as they rebuild."
  • Additionally, CP will match employee donations made to the Canadian Red Cross in support of disaster relief in the province, and encourages employees in Canada and the United States to continue donating to help residents.
  • CP provides North American customers a competitive rail service with access to key markets in every corner of the globe.

Steel River Group Announces Partnership with Loon River First Nation

Retrieved on: 
Tuesday, November 23, 2021
News, Loon River First Nation, CEO, Lists of people executed in the United States, Industry, Partnership, Education, Loon, Nation, GLOBE, Culture, Ownership, Treaty 8, Company, Employment, Oil, Amusement park

CALGARY, Alberta, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Steel River Group Ltd. (Steel River), an Indigenous-owned diversified management, development, and construction consortium, has announced a new partnership with Loon River First Nation (Loon River or the Nation).

Key Points: 
  • CALGARY, Alberta, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Steel River Group Ltd. (Steel River), an Indigenous-owned diversified management, development, and construction consortium, has announced a new partnership with Loon River First Nation (Loon River or the Nation).
  • I am thrilled to share the news of our newest partnership with Loon River First Nation, said Trent Fequet, founder and CEO of Steel River Group.
  • In addition to Loon River Contracting, Loon River also operates Loon River Trucking, which has serviced the oil and gas industry in western Canada for over 20 years.
  • Loon River First Nation is proud to partner with Steel River Group, said Ivan Sawan, Chief of Loon River First Nation.