Business

Imperial Oil’s Kearl output will push prices down, analyst says

Imperial Oil’s Kearl output will push prices down, analyst says

  Alberta’s heavy crude prices are set to fall later this year when Imperial Oil begins producing 110,000 barrels per day of bitumen at its Kearl oilsands project north of Fort McMurray. “There is really no market for it until BP’s Whiting...

 

Euro zone crisis to top G8 agenda

Euro zone crisis to top G8 agenda

  Leaders of major industrial economies meet this weekend to try to tackle a full-blown crisis in Europe where fears are growing that Greece could leave the euro zone bloc, threatening the future of the common currency. View original content...

 

Sorkin says Jobs movie won’t be straight biography

Sorkin says Jobs movie won’t be straight biography

  Screenwriter Aaron Sorkin hasn’t yet figured out how to put the life of Apple co-founder Steve Jobs on the silver screen, but he is certain it’s not going to be a straightforward biography. View original content here: Sorkin says Jobs...

 

Oilsands tour likely as NDP leader Mulcair visits Alberta this month

Oilsands tour likely as NDP leader Mulcair visits Alberta this month

  Alberta NDP Leader Brian Mason launched a partial defence of his embattled federal counterpart Friday when he announced that Thomas Mulcair will visit the province later this month. View original content here: Oilsands tour likely as NDP...

 

Unhappy Alberta investors fail to turf former pastor as head of troubled real estate companies

  Disgruntled investors in a group of troubled real estate companies failed in their legal bid to have the man at the centre of the cash-strapped developments turfed. View original content here: Unhappy Alberta investors fail to turf former...

 

U2′s Bono has billions of reasons to ‘like’ Facebook

U2′s Bono has billions of reasons to ‘like’ Facebook

  Rock star Bono, Russian tycoon Yuri Milner, and Mark Zuckerberg’s college roommate Dustin Moskovitz have billions of reasons to “like” Facebook. View original content here: U2′s Bono has billions of reasons to ‘like’...

 

Alberta and Calgary rates of inflation lowest in Canada

Alberta and Calgary rates of inflation lowest in Canada

  CALGARY — Alberta and the Calgary region had the lowest rates of inflation in the country in April, according to Statistics Canada. The federal agency reported Friday that consumer prices rose by only 0.8 per cent in the province in the...

 

Don’t expect Alberta pump prices to spike this Victoria Day weekend, experts say

Don’t expect Alberta pump prices to spike this Victoria Day weekend, experts say

  Motorists shouldn’t fear price hikes heading into the Victoria Day holiday — experts are predicting gasoline prices to remain stable for the season’s first long weekend. “We’re going to see relatively flat gas prices,” said Jason...

 

Off-the-shelf solar systems ease hassles of going green

Off-the-shelf solar systems ease hassles of going green

  Karl Kovacs’ bungalow in the Argyll neighbourhood is like many other Edmonton homes — a small front porch and a tidy front yard on a pleasant tree-lined street. Yet Kovacs’ home features something different. View original content here: Off-the-shelf...

 

Facebook shares rise 13 per cent in frenzied trade

Facebook shares rise 13 per cent in frenzied trade

  Facebook shares have opened 11 per cent higher than the initial rate after the pioneering online social network raised as much as $18.4 billion in one of the biggest initial public offerings in U.S. history. View original content here: Facebook...