More Albertans have signed up for a flight into the ionosphere with commercial space travel company Virgin Galactic than the rest of the country combined. Two Edmontonians and seven Calgarians have put their names down for a $200,000 ticket to ride one of British entrepreneur Sir Richard Branson’s spacecraft. There are expressions of interest from another four or five Albertans.
Total housing starts in the Edmonton region fell in March — the sixth consecutive year-over-year decline.Canada Mortgage and Housing Corp. reported Friday there were 713 homes started, down 12 per cent from 813 in March 2010.
Edmonton’s unemployment rate held steady in March, but more jobs were created in the city.Statistics Canada said the jobless rate for the Edmonton census metropolitan area remained flat at 5.8 per cent, compared to February. A year earlier, the unemployment rate was 7.3 per cent.
U.S. President Barack Obama should stop sending mixed messages on oilsands and “sign the bloody order” approving the Keystone XL pipeline, Alberta Energy Minister Ron Liepert charged Thursday.“Frankly, I wish he’d get on with action,” Liepert said when asked to respond to remarks by Obama in Washington on Wednesday.
Gene Dub may get his boutique hotel in a historic central Edmonton structure after all. His first try was the old Alberta Hotel being painstakingly pieced together on Jasper Avenue at 98th Street. Dub had planned to create a 14-room bed and breakfast-style boutique hotel with a restaurant, office space and perhaps a spa in the recreated 1903 stone-and-brick building.
Building permits in the Edmonton census metropolitan area slipped in February from last year’s values. Municipalities in the region issued $284.8 million worth of permits in the month. That’s down 26.3 per cent from February 2010, but up 20.9 per cent from the previous month, Statistics Canada said Thursday.
After a lengthy search for a new corporate headquarters, ATB Financial is expected to soon announce plans to remain in Edmonton’s downtown core.
President Barack Obama on Wednesday said concerns in the United States about the potentially "destructive" nature of the Canadian oilsands need to be answered before his administration decides whether to approve the construction of Calgary-based TransCanada's controversial Keystone XL pipeline.
Drilling rigs are a long way from libraries. But Frank Mussche, who made his mark a decade ago adapting Radio Frequency Identification (RFID) technology to track the comings and goings of books, records and DVDs, thinks keeping tabs on the hundreds of lengths of reusable and costly pipe needed to drill oil and gas wells is a logical next step.
Statoil’s brief court appearance on Water Act charges Wednesday managed to attract considerable interest, including an audience of Norwegians and a silent protest outside the courtroom.The Norwegian-based energy company faces charges for allegedly contravening parts of its water license and providing false or misleading information regarding water withdrawals in 2008 and 2009.
You’ve come a long way, baby food. It was five years ago that Jennifer Broe was feeding her six-month-old daughter a jar of store-bought green beans.
Edmonton-area MLS home prices and sales for March are down compared to last year. But the president of the Realtors Association of Edmonton says this year’s market is normal, while last year’s was out of whack.
It was working with chefs that really turned Kirstin Kotelko of Spring Creek Ranch on to the business of specialty beef.Certainly, as the daughter of legendary Alberta rancher Bern Kotelko, Kirstin had plenty of experience around cattle. Raised on the family ranch near Vegreville, she did her share of farm chores and had seen mom, Donna, do wondrous things with beef in the kitchen.
Greengate Power Corp., which is planning wind power projects in Alberta, said Tuesday it has raised $14.3 million, largely from three California investment firms — NGEN Partners, SAM Private Equity and the Westly Group.“We are pleased to establish relationships with leading California-based cleantech investors,” said Greengate chief executive Dan Balaban in a release.
Edmonton is on the verge of another real estate boom, says real estate expert Don Campbell.Robust growth in the region’s gross domestic product and labour market will set off a chain of events over the next few months that will heat up housing again, said Campbell, president of Real Estate Investment Network and the author of the best-selling 97 Tips for Canadian Real Estate Investors. (He donates his royalties to Habitat for Humanity.)
Daryl Katz is clearly a shrewd guy. After all, you don't get to be a billionaire by making dumb mistakes.