Take Stock – November 9

The cost of transporting natural gas eastward from Alberta is expected to rise significantly next year for producers, but that does not necessarily mean consumers will notice a difference on their home-heating bills.

GREENHAWK HARNESS & EQUESTRIAN SUPPLIES

7875 48th Ave.

Red Deer

403-340-2231

• Owners

Kate and Hally Fair

• Type of business

Full range of equestrian supplies; specializing in English riding equipment.

• Opening date

Oct. 10


MACLEOD MASSAGE THERAPY INC

No. 200, 4711 51st Ave.

Red Deer

403-396-3169

• Owner

Brad MacLeod

• Type of business

Massage therapy, including deep tissue massage, trigger point therapy and jin shin do. * Opening date

Sept. 15


New business that have opened in Central Alberta within the past three months and wish to be listed here can send their information to Harley Richards by email (hrichards@bprda.wpengine.com) or fax (403-341-5309).


CALGARY — The cost of transporting natural gas eastward from Alberta is expected to rise significantly next year for producers, but that does not necessarily mean consumers will notice a difference on their home-heating bills.

“It would be a reasonable expectation that if shippers and the energy companies are paying more, they’ll probably try and recoup those costs through the consumer,” said Tara O’Donovan, a spokeswoman for the National Energy Board, the federal regulator tasked with approving pipeline tolls. “But depending on the scenario involved, it’s not always the case.”

Natural gas is the predominant home-heating fuel throughout most of Canada, though some parts of the Maritimes still rely on heating oil.

TransCanada Corp. (TSX:TRP) ships about nine billion cubic feet of natural gas per day along its Mainline system, which stretches more than 14,000 kilometres from Alberta to the Quebec-Vermont border.

The Calgary-based company charges producers a toll for every unit of natural gas that passes through the pipeline.

That cost is currently $1.19 per gigajoule, but TransCanada warns that in 2010 that price could rise to between $1.65 and $1.90 per gigajoule. TransCanada has not hammered out a final price yet, but is in discussions with its customers, who will no doubt feel the pinch.

What’s less clear-cut is to what extent the increase will trickle its way down to the other end of the chain, where distributors purchase natural gas and then sell it to consumers.

A lot depends on what sort of contract a shipper has with the natural gas distributor at the other end.

Just Posted

Town of Sylvan Lake has big ideas for lakeshore

Day mooring docks wanted but first water licence needed from province

Everything from coffee makers to coats in latest Canada Games sale

Sale runs 1 to 7 p.m. at Games office at Bower Place mall

Red Deer business moves away from overdose prevention site

At least one Red Deer business has moved away from the temporary… Continue reading

Canada Revenue Agency tax services back online after ‘hardware’ problems

OTTAWA — The websites Canadians use to file their taxes online were… Continue reading

Roof structures failed before Radiohead stage came down, inquest hears

TORONTO — Metal structures meant to hold a roof over a stage… Continue reading

Business tax relief is a sound idea

NDP leader should avoid picking winners and losers

Svechnikov scores in overtime, Carolina beats Montreal 2-1

RALEIGH, N.C. — The Carolina Hurricanes struggled to beat Montreal goaltender Carey… Continue reading

Canadian men’s soccer squad off to Gold Cup with 4-1 win over French Guiana

VANCOUER, B.C. — Canada’s men’s soccer team is looking to the future… Continue reading

Inquest into fatal Radiohead stage collapse set to get underway in Toronto

TORONTO — An inquest is set to get underway today into the… Continue reading

The Latest: Streisand apologizes for Jackson comments

NEW YORK — The Latest on Barbra Streisand’s comments about the sexual… Continue reading

Pricey Titanic wreck tours hope to bring new life to a century-old story

ST. JOHN’S, N.L. — Adventure tourists with money in the bank have… Continue reading

Most Read