Business
LNG Canada
The decommissioned Methanex ammonia plant is seen at Kitimat, B.C. on Tuesday. Royal Dutch Shell PLC and three Asian partners plan to build a liquefied natural gas export terminal in Kitimat, B.C., that would connect Canada’s vast supplies with energy-hungry markets on the other side of the Pacific. The Anglo-Dutch energy giant announced Tuesday that it will have a 40 per cent stake in the project, called LNG Canada. PetroChina, Mitsubishi Corp. and Korea Gas Corp. will each hold a 20 per cent interest. READ
Lot demand outstrips supply
By JESSICA JONES Advocate staff The number of people wanting in on Red Deer’s Garden Heights lot draw exceeded the number of lots available on Tuesday. READ
Job satisfaction takes a dive
A new survey of employees suggests tough economic times are taking a toll on career paths and job satisfaction. The survey conducted by Harris-Decima Research on behalf of Ceridian Canada suggests there are significantly more workers than last year who believe they will not be getting a pay boost, bonus or promotion in the next year. READ
New Servus Credit Union building
Gino Petit works on the new Servus Credit Union building in Clearview Market Square. READ
High Arctic starts 2012 on a record note
High Arctic Energy Services Inc. (TSX: HWO) has started 2012 on a record note. READ
How old is enough for a CEO?
Don’t let the hoodie and sneakers fool you. Mark Zuckerberg is no wet-behind-the-ears CEO. READ
Getting down to business at Red Deer College
Red Deer College is a very attractive date. READ
Stocks facing pressure
The Toronto stock market looks set for another tepid showing this week with buyers discouraged by data showing further deterioration in economic conditions and rising uncertainty from the eurozone. READ
German minister ready to take over
Germany’s finance minister has made it clear that he is prepared to become chairman of the so-called eurogroup, a position that involves chairing eurozone finance ministers’ regular meetings. READ
Report says 3 JPMorgan executives to leave after $2-billion trading loss
Three executives at JPMorgan Chase, the largest bank in the United States, are expected to leave their jobs this week after a $2 billion trading blunder, The Wall Street Journal reported Sunday. READ
Yahoo names Levinsohn interim CEO, replacing Thompson
Yahoo says it is appointing Ross Levinsohn as interim CEO and Fred Amoroso as chairman of its board, effective immediately. READ
Heritage Ranch program uses horses to help business colleagues communicate better
A new program geared to the corporate world has galloped into Heritage Ranch. READ
Local jobless rate down 0.4% in April
The local jobless rate tumbled 0.4 percentage points in April, matching the decline in unemployment for the province as a whole. READ
Canada has best two-month jobs gain in April; politicians urge caution
OTTAWA — Canada booked its best two-month employment gain in three decades with news Friday that the economy churned out 58,200 new jobs in April, the strongest signal in some time the economic recovery may be coming out of a mid-winter stall. READ
One of two plants closing, declining natural gas reserves blamed
Declining natural gas reserves have prompted Shell Canada to shutter one of the two processing plants that make up its Caroline Gas Complex. READ
Exports disappoints for second month
Canada’s key trading sector disappointed for the second consecutive month in March, although analysts pointed to some encouraging signals in the exports picture that should contribute to economic growth. READ
Olds College lands $1M federal livestock grant
Olds College can continue to assist the livestock industry with more research after landing a nearly $1 million grant from a federal agency. READ
Apartment building receives enthusiastic endorsement
A multi-family building proposed for downtown Red Deer has earned an enthusiastic endorsement from the city’s municipal planning commission. READ
Pilots defy rules of gravity in Air Spray flight simulator
Michael Rowland eases the throttle forward and the nose of his Lockheed L-188 Electra rises up from Edmonton International Airport. As the ground passes below, the Alberta capital’s downtown comes into view, as does Rexall Place and other Edmonton landmarks. READ
Air tanker gearing up for duty
An Air Spray Aviation Lockheed Electra L-188 air tanker is prepared on Tuesday for its flight to Fort McMurray, where it will be available for fire-fighting duties. READ
