Couche-Tard invests millions in cannabis company Fire & Flower

The Edmonton-based cannabis company said the initial $26-million investment accelerates its pace of growth

Couche-Tard invests millions in cannabis company Fire & Flower  Convenience store operator Couche-Tard plans to make a significant investment in Edmonton-based cannabis company Fire & Flower. Couche-Tard’s initial investment is for 9.9 per cent equity in Fire & Flower for close to $26 million, with potential to increase that stake in the near future to 50.1 per cent for more than $380 million. “Fire…

Record number of vacant new homes in Edmonton

Vacant housing in Calgary is also touching record levels: ATB report

Record number of vacant new homes in EdmontonFor the fifth month in a row, the number of vacant new homes reached a record high in Edmonton, according to data released on Friday from ATB Financial’s Economics and Research Team. ATB said the number of completed but unabsorbed houses was 1,941 in January. Compared to last year, this number is 63 per cent…

Dedicated to Edmonton’s growth and success

Derek Hudson of Edmonton Economic Development Corp. talks about his organization's vision and why the city is on the rise

Dedicated to Edmonton’s growth and successDerek Hudson is CEO of Edmonton Economic Development Corp. What’s the vision, mission and purpose of Edmonton Economic Development Corp.? Hudson: The purpose of Edmonton Economic Development (EEDC) is to build a prosperous and resilient Edmonton economy by best positioning our city to drive key elements of economic success. EEDC is a unique model in…

Downtown Calgary office market draws new tenants

The Edmonton office market reported positive absorption for the third quarter in a row: Colliers

Downtown Calgary office market draws new tenantsFor the second consecutive quarter and the fourth time since the first quarter of 2015, the downtown Calgary office market experienced positive absorption, equal to 113,962 square feet in the second quarter of this year, says commercial real estate firm Colliers International. “This also marks the second time since 2012 that Colliers has recorded two consecutive…

Edmonton jobs jump, Calgary jobs slump

Edmonton added 5,900 positions from May. Calgary, on the other hand, saw losses of 4,600 jobs

Edmonton jobs jump, Calgary jobs slumpThe labour picture in Alberta’s two biggest cities showed contrasting directions in June, according to ATB Financial’s Economics and Research Team. In a report filed Friday, ATB said Edmonton added 5,900 positions from May and the unemployment rate ticked a 10th of a percentage point higher to 6.6 per cent. Calgary, on the other hand,…

Edmonton-based Aurora to supply cannabis to consumer market

Company signs agreement with AGLC to supply up to 25,000 kilograms to the Alberta market in first six months

Edmonton-based Aurora to supply cannabis to consumer marketAurora Cannabis Inc. says it has entered into an agreement with the Alberta Gaming, Liquor and Cannabis Commission to supply high-quality cannabis products for the adult consumer use market in the province. The Edmonton-based company said it will initially allocate up to 25,000 kilograms of product for the first six months of sales to this…