Derek, what is the difference between mutual funds and exchange traded funds?
The investment world isn’t getting any easier to navigate. It seems every week there is a new idea or product that is being introduced. READ
The Ponoka and District Chamber of Commerce has received a provincial award. Ponoka, Fort Macleod and Lethbridge were all honoured by the Alberta Chambers of Commerce with 2015 Chamber of the Year Awards. The Ponoka chamber won in the 101-to-300-members category. It was cited for hosting a number of successful events that bring together its community. It was also lauded for its successful relationships with its municipal and provincial government, which enable it to be an effective voice for its businesses. READ
Side-by-side fitness clubs operated by the same company are planned at Parkland Mall next year. Located in the former Sears site at the mall, a 63,000-square-foot GoodLife Fitness and a 12,000- square-foot Fit4Less by GoodLife are expected to open next spring. READ
Two brew-master students at Olds College can raise a beer to celebrate another award for their upstart malting company. Peter Schill and Tyler Rose, of Alberta Craft Malting, took first prize in the 2015 TEC VenturePrize Student Business Plan Competition. READ
Red Deer will officially become an UltraAVX community on Friday. Movie enthusiasts will recognize the UltraAVX name as Cineplex Inc.’s premiere offering, with its sharpest picture, crispest sound and most comfortable seating. It was rolled out in a handful of Canadian theatres in 2010, and has since spread to about 60 locations. “They’ve been hugely popular,” said Mike Langdon, director of communications with Cineplex. READ
Central Alberta companies have strengthened their presence on Alberta Venture magazine’s annual list of the provincial companies with the highest revenues. Parkland Fuel Corp., High Arctic Energy Services Inc. and Gamehost Inc. of Red Deer, and Agriculture Financial Services Corp. (AFSC) of Lacombe all remained on The Venture 250 for 2014, and improved their placement from last year’s list. READ
In his online article in “The Owl” in early August, Todd Hirsch, chief economist with ATB Financial, reported some revealing statistics. In June 2014, 395,991 companies were registered in Alberta. According to Statistics Canada, nearly 60 per cent of those companies were “micro-businesses,” employing just one to four people. Another 17 per cent employed fewer than 10 people. READ