ZayZoon provides access to your money between paydays

Technology company ZayZoon's Early Wages On-Demand is taking off across North America, with more than 80,000 businesses participating

ZayZoon provides access to your money between paydaysImagine, as an employee, being able to access money as you earn it. Technology company ZayZoon, based in Calgary, has created a platform, Early Wages On-Demand, that allows people to access their paycheque before payday. The concept has taken off across North America. The platform is now available to more than two million employees by…

Equalization inequalities must be addressed

Encouraging short-term stability at the expense of economic performance and fairness is folly when alternatives are available

Equalization inequalities must be addressedIn recent years, equalization and other regional subsidies have captured the attention of many Albertans. Much useful research has been done at the University of Calgary and by the former Wildrose Party. There has been extensive comment in Alberta’s media on Canada’s fiscal arrangements, including equalization. Issues connected with regional subsidies are important to all…

Canadian crude oil production on the rise

Exports on the rise to U.S. and elsewhere: StatsCan

Canadian crude oil production on the riseCanadian production of crude oil and equivalent products totalled 264.6 million cubic metres in 2018, up 8.5 per cent from the previous year, according to Statistics Canada. The federal agency reported on Monday that non-upgraded production of crude bitumen (+12.7 per cent) was the main contributor to the overall rise. Since January 2016, the average…

Alberta College of Art + Design becoming a university

Will officially become the Alberta University of the Arts on Feb. 1.

Alberta College of Art + Design becoming a universityThe Alberta College of Art + Design will officially become the Alberta University of the Arts on Feb. 1. It will be the province’s first university dedicated to fine arts and design. And the change comes at an opportune time in Calgary’s history as the city looks at different ways of diversifying its economy following…

Calgary-based technology company helping businesses save on costs

Businesses get instant insight into their entire telecommunications and IT landscape with only a few clicks of a mouse

Calgary-based technology company helping businesses save on costsCalgary-based SpikeFli Analytics, a software-as-a-service (SaaS) company, is helping businesses large and small seamlessly manage their telecom and information technology infrastructure to make better decisions in more cost-effective ways. It’s doing that by providing the business community, and telecom and IT management professionals, with instant big-data analytics and management reports through a centralized platform to better explain, manage and…

Alberta leads the way in crude oil production increase

Statistics Canada said exports of crude oil and equivalent products increased 10.7% from the same month a year earlier

Alberta leads the way in crude oil production increaseCanada produced 23.1 million cubic metres (145.6 million barrels) of crude oil and equivalent products in October, up 13.2 per cent from the same month a year earlier, according to Statistics Canada. The federal agency said on Friday that Alberta produced 19.3 million cubic metres of crude oil and equivalent products in October, an increase…

Canadian energy production increased in 2017

Ontario, Alberta and Quebec continued to account for the majority of energy consumed in Canada

Canadian energy production increased in 2017Primary energy production in Canada increased five per cent in 2017 to 20,741 petajoules, following a 3.1 per cent increase in 2016, according to Statistics Canada. In a report released on Thursday, the federal agency said crude oil accounted for the largest proportion of primary energy production in Canada in 2017 at 46.4 per cent,…

Feds investing $1.6 billion in Canada’s oil and gas sector

Money intended to ‘protect jobs and restore competitiveness during this difficult time’

Feds investing $1.6 billion in Canada’s oil and gas sectorThe federal government announced 0n Tuesday in Edmonton more than $1.6 billion to support jobs and workers in Canada’s oil and gas sector “as Canada seeks to diversify export markets for its resources beyond the United States.” The announcement was made by federal Natural Resources Minister Amarjeet Sohi and International Trade Diversification Minister Jim Carr.…

U.S. imports of Canadian heavy crude oil continues to grow

U.S. is by far the world’s largest refining market for heavy oil, processing more than half of all that type of crude globally in 2018

U.S. imports of Canadian heavy crude oil continues to growA new report released on Tuesday by IHS Markit says imports of Canadian heavy crude are an increasingly important source of supply to the United States, the world’s largest refining market for such crudes. The report, Looking North: A U.S. Perspective on Canadian Heavy Oil, said U.S. imports of Canadian heavy crudes will approach 2.8…

Athabasca Oil chopping 25% of head office staff

The sector is still a long ways away from permanent solutions, says company president Robert Broen

Athabasca Oil chopping 25% of head office staffAthabasca Oil Corp. announced on Tuesday that it has undertaken a number of actions to enhance its competitiveness and resiliency. It has introduced a streamlined corporate cost structure that consists of a 25 per cent reduction in head office staff effective immediately and 10 per cent rollback in salaries for executives and directors. The company did…