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Provincial Business

Oilsands, deepwater among riskiest energy plays in the world, report says

CALGARY — Some of the world’s costliest energy projects are in Alberta’s oilsands and some could be cancelled without higher oil prices, according to a new report by a financial think-tank that focuses on climate risk.

The study by the Carbon Tracker Initiative highlighted 20 of the biggest projects around the world that need a minimum oil price of US$95 a barrel to be economically viable. READ

NWP industries sold

An Innisfail company that’s operated in Central Alberta for more than 50 years has been sold. READ

Calgary pilot project tries to find IT jobs for people with autism

Organizers of a pilot project say the very factors that pose challenges for people with autism could be qualities that help them excel in the information technology sector. READ

WestJet readies to take on new low-cost rivals

WestJet Airlines is preparing for the arrival of new low-cost competitors including Southwest Airlines by taking steps to expand its regional service and add wide-body planes to its fleet to access new international routes. READ

Pork industry hurting: report

A dwindling herd and an exodus of producers are among the pork industry trends that Statistics Canada highlights in an analytical paper it issued on Tuesday. But an official with Alberta Pork says recent developments in the sector provide reason for optimism. READ

One in four businesses affected by fraud in past year

A quarter of Alberta businesses have been affected by fraud in the past year, with the figure jumping to nearly one-half when only retailers are considered. READ

Oil, agriculture to buoy economy in West

Economically speaking, Western Canada should still be one of the best places in the world to live in 2012, a banking expert says. READ

TransCanada may be able to sped up urgently needed leg of Keystone pipeline

It may be possible for TransCanada Corp. to build the most urgently needed leg of its delayed Keystone XL oil pipeline as early as next year, an executive with the pipeline giant said Wednesday. READ

Shaw interested in some of Canwest's assets

The chief executive officer of Shaw Communication Inc. (TSX:SJR.B) confirmed Thursday that his company has been looking at buying some of Canwest’s assets, although he wouldn’t say what has caught his interest. READ

Cash Store reports big increase in Q2 profit

EDMONTON — Lender of last resort The Cash Store Financial Services Inc. (TSX:CSF) announced Wednesday it was boosting its dividend after reporting a major increase in second-quarter profits. READ

Finning posts loss

VANCOUVER — Finning International Inc. (TSX:FTT) shares sank Wednesday after the heavy equipment dealer said revenues and earnings fell more than analysts expected as the recession hit all of its businesses. READ

Missing man’s father seeks answers

The father of a slain Medicine Hat man says he is searching for answers in his son’s killing. READ

Canpages directory should be bigger

The Canpages directory should make a louder thump when it hits Central Alberta doorsteps this year. READ

Agriculture Financial Services Corporation one of best workplaces

Looking for a good place to work? You might want to send your resume to Agriculture Financial Services Corporation. READ

Senior managers, for hire

In the spring of 2006, Permolex Ltd. was in need of executive help. READ

Families finally getting flood relief?

A family that suffered flooding near Garrington Bridge on the Red Deer River last May will receive disaster assistance from the provincial government. READ

Real estate stability expected

Sellers like to see prices rising; buyers like to see them falling. READ

About 1,000 layoffs coming at Pratt & Whitney Canada because of global slowdown

MONTREAL — Many Pratt & Whitney Canada employees were disappointed but not entirely surprised to learn Wednesday the Quebec-based aircraft-engine manufacturer will lay off as many as 1,000 people worldwide over the coming months. READ

BoC predicting short, deep recession

OTTAWA — Canada’s central bank says the current recession will be deep and painful but relatively short-lived. READ

Albert's gets ready

Albert’s Family Restaurant Lounge owner David Murphy puts a shine to the draft taps in the lounge of his restaurant in the downtown Co-op Shopping Centre on Thursday. READ

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