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

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