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Provincial Business

Innovation the key in the world of greenhouses

With hints of spring in the air, the urge to get in the dirt awakens in farmers and gardeners alike.

That means it’s nearly go time for greenhouse owners who have got the jump on all of us and have been planting and watering and nurturing in a controlled environment, to be ready for the May long weekend rush. READ

Nexen, owned by China’s CNOOC, to cut 400 jobs amid industry downturn

CALGARY — Nexen Energy ULC, the Canadian company acquired by China’s CNOOC Ltd. more than two years ago, is cutting 400 jobs. It says 340 of those will be in North America and the rest are with its U.K. North Sea operations. And of the North American job cuts, 300 are in Canada, where Nexen is active in the oilsands and in Western Canadian shale fields. READ

Number of foreign workers in Canada tripled between 2002 and 2012: PBO

OTTAWA — The number of foreign workers in Canada tripled between 2002 and 2012 — although they still made up less than two per cent of the overall labour force, the parliamentary budget office reported Thursday. READ

New cocktail bar opening this month

A trio of veteran bartenders are preparing to mix it up downtown. Sean Draper, Seth Van Havere and Chris Gooding will be behind the bar when To The Lost opens later this month. Located at 4916 Ross St., the cocktail lounge will feature a broad menu of new and classic drinks, said Draper, who is the owner-operator. READ

Westerner Park hires new CEO

Westerner Park will soon have a new person holding the reins. The Westerner Exposition Association board announced on Monday that it’s hired Darrell Komick as the organization’s new CEO and general manager. He will replace John Harms, who headed the non-profit association for 18 years before leaving last May. READ

Warren Buffett criticizes Keystone XL delay, says U.S. ’thumbing nose’ at Canada

The Keystone XL pipeline got an emphatic endorsement Monday from a powerful backer of President Barack Obama who questioned the handling of the file. 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

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

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