Business investment a key to Canadian economic recovery
Alberta had above-average annual growth in investment from 1990 to 2014 but since 2014 investment has stagnated
Alberta had above-average annual growth in investment from 1990 to 2014 but since 2014 investment has stagnated
Canada’s international assets were down by $382.2 billion (-6.6 per cent) to $5,406.8 billion in the first quarter, says StatsCan
One-third of Albertans more than 55 years old believe they have been approached with a potential fraud through someone they know
How to use RSP investments to help the small business community in Canada recover following the COVID-19 pandemic, according to experts
AIMCo is one of Canada’s largest and most diversified institutional investment managers with $118.8 billion of assets under management
Move “to enhance its financial resilience in response to the low global oil price environment that is expected to continue for an unknown period.”
A result of the rapid and unforeseen deterioration in business conditions resulting from the COVID-19 global pandemic and the oil price war among OPEC
Response to “unprecedented economic challenges brought about by the COVID-19 global pandemic and the drastic drop in the price of Alberta oil.”
Original capital guidance was $5.4 to $6.0 billion, with approximately 50 per cent allocated to economic investment and 50 per cent to sustaining capital
Capital guidance revised to a range of $185 million to $250 million from the originally planned range of $350 million to $450 million
The move is being made with the continued volatility in commodity pricing. Capital spending reduced to $2.96 billion this year
Investment being cut $900 million to $1.1 billion in response to the COVID-(coronavirus) pandemic and the recent significant decline in global energy prices
One of the factors underlying the modest growth in Alberta was the challenging conditions in the energy sector which limited demand