It’s time to rename the Edmonton Eskimos

As other leagues rethink racist team names, the Eskimos' statement in support of Black Lives Matter rings hollow

It’s time to rename the Edmonton EskimosIn the space of a few hours on July 3, three North American sports teams announced they were going to reassess their racist names. Baseball’s Cleveland Indians, the Washington Redskins of the National Football League and the Edmonton Eskimos of the Canadian Football League have for years resisted calls to drop their team nicknames. But…

Alberta municipal gov’t labour costs out of touch with reality

Alberta municipal gov’t labour costs out of touch with realityStruggling families and businesses can’t afford to pay big property tax bills to fund bloated municipal governments. Alberta municipalities need to reduce that burden by addressing the cost elephant in the room: labour. For many Albertans working outside of government, the last five years have been nothing short of a nightmare full of job losses,…

Breathing new life into cities post-COVID-19

New guide shows how planners can revive urban centres by shifting focus of vacant spaces from commercial to cultural

Breathing new life into cities post-COVID-19In the wake of economic fallout from COVID-19, urban centres could see a sharp increase in abandoned spaces as some businesses are forced to close. But vacant space doesn’t have to sit idle, according to a research associate with the University of Alberta’s Wirth Institute. If managed properly, it could spark a cultural revival of sorts,…

Alberta’s economic recovery

Michael Holden, Chief Economist with the Business Council of Alberta, talks about a recent survey of CEOs and their thoughts on economic recovery

On today's episode of Business Insider with Mario Toneguzzi on Calgary's Business, Michael Holden, VP, Policy and Chief Economist with the Business Council of Alberta, talks about a recent survey of CEOs and their thoughts on economic recovery.

Hosting NHL playoffs could help Edmonton attract investment

Marketing wins outweigh limited economic benefits for city, province and Oilers, according to U of A sports management researchers

Hosting NHL playoffs could help Edmonton attract investmentIf Edmonton is selected as one of the two host cities for the 2020 National Hockey League playoffs, the big winners will be the province's health-care system and its ability to attract talent, according to a pair of University of Alberta sports management researchers. However, with no fans in the stands and participants all but…

Alberta consumer credit delinquency rates soaring

In Calgary, the average debt (excluding mortgages) fell by 1.97 per cent to $29,316 while the delinquency rate soared by 13.36 per cent to 1.43 per cent

Alberta consumer credit delinquency rates soaringDelinquency rates for consumer credit are soaring in Alberta, according to a report released Tuesday by Equifax Canada. The average debt (excluding mortgages) was $28,615 in Alberta in the first quarter of the year which was down 1.72 per cent from a year ago, but the delinquency rate of 1.58 per cent rose by 11.79…

Housing starts on a downward decline in Calgary region in May

The number of housing starts in the Calgary region fell by 11 per cent in May from year-ago levels, says the Canada Mortgage and Housing Corporation

Housing starts on a downward decline in Calgary region in MayThe number of housing starts in the Calgary region fell by 11 per cent in May from year-ago levels, according to new data released Monday by Canada Mortgage and Housing Corporation. The federal agency reported that single-detached starts of 262 in the Calgary census metropolitan area for the month was down 11 per cent from…

ATB Financial revenues jump 2.6% to $1.7 billion

This past fiscal year, ATB supported close to 777,000 customers, up 8,000 from last year, and provided more than $16 billion in new and renewed lending

ATB Financial revenues jump 2.6% to $1.7 billionATB Financial reported Thursday that its revenues for the fiscal year, ending March 31, increased 2.6 per cent over the previous year to $1.7 billion. “From the devastating effects of the pandemic to the crash in oil prices, our province is facing challenges we never could have imagined just a few months ago,” said Curtis…

Alberta to experience worst economic recession on record

Real GDP in Alberta will contract 6.8 per cent in 2020, making its economy the worst-hit province in the country this year

Alberta to experience worst economic recession on recordAlberta will have to brace for a historic economic decline this year caused by the COVID-19 crisis and the low oil price environment, says a report by the Conference Board of Canada. “The Great Lockdown has dramatically shifted the economic landscape around the world. But in Canada, the impact has been most severe in Alberta.…
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