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Provincial Business

Edmonton company lays off all cashiers after $1M in parking fees stolen

EDMONTON — An Edmonton group that runs several venues, including the NHL arena Rexall Place, has laid off all its parking cashiers.

An internal memo sent to employees of Northlands says two audits found "compelling evidence" that 12 to 19 per cent of parking transactions were kept by attendants. READ

Notley gives first big Calgary business speech to big, but quiet, crowd

Alberta Premier Rachel Notley has delivered her first big speech to Calgary's business community. READ

Quebec company looks at setting up cigarette plant in southern Alberta

A company registered on a Mohawk reserve in Quebec says it is looking at setting up a cigarette manufacturing plant in southern Alberta. READ

Making light of oil plight: cheeky references to downturn abound in Calgary

Calgarians' moods may have been dragged down with the price of oil, but that doesn't mean they can't get into shape, find love or — at the very least — enjoy a glass or three of wine. READ

Environmental groups in federal appeal court to oppose Northern Gateway pipeline

Environmental groups say the Northern Gateway pipeline project would pose a serious threat to humpback whales and, if allowed, would set an important precedent for future projects. READ

ATB Financial predicts recession for Alberta this year, modest growth in 2016

Alberta's economy is likely going to get worse before it gets better, says the chief economist of regional financial services group ATB Financial. READ

Albertans support carbon tax and are willing to pay it: survey

Half of Albertans who participated in a new survey supported a carbon tax and were willing to pay it. READ

Alberta's outgoing U.S. representative blasts NDP on last day of his contract

Alberta's outgoing senior representative to the United States is taking some parting shots at the NDP government on the final day of his contract. READ

Notley stresses importance of environment in speech to Montreal business group

Alberta Premier Rachel Notley says her government intends to do a much better job at living up to its responsibility to be part of the solution on climate change. READ

TransCanada warns layoffs coming as oil downturn squeezes customers

Employees at TransCanada were informed this week that more job cuts are coming as part of a major overhaul that includes shedding a fifth of senior leadership positions from the pipeline and power company. READ

Alberta to consider mountaintop coal mine for company facing environmental probe

Alberta's energy regulator is about to consider a plan for a large mountaintop coal mine at the same time it investigates the proponent for possibly fouling a crucial spawning stream for endangered trout. READ

Alberta sour gas well blowout still not capped: Encana

Workers in northern Alberta are still fighting to control a blowout at a well that has been venting toxic sour gas and other chemicals since Monday. READ

Critics seek tough rules for old wells

New research is raising concern about tens of thousands of dormant Alberta oil wells that don’t meet even minimum safety standards. READ

Business confidence up in August

Alberta business owners regained some of their swagger in August, according to the latest survey conducted by the Canadian Federation of Independent Business. 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

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

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

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

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