Wasteful government spending, high taxes drag down the economy

Colin Craig of the Canadian Taxpayers Federation talks about how government bloat and bad tax policies penalize Albertans

Wasteful government spending, high taxes drag down the economyColin Craig is Alberta director of the Canadian Taxpayers Federation. Calgary’s Business: What are your thoughts about the level of taxation Albertans are facing these days? Craig: Taxpayers are getting a very raw deal from the government right now – our taxes are way too high. Think of all the news stories we see day…

Housing demand improving in Calgary, Edmonton markets

TD report says prices should stabilize in the latter part of 2018 before increasing modestly next year

Housing demand improving in Calgary, Edmonton marketsA report by TD Economics says demand in the housing market is returning in Alberta – particularly in the major centres of Calgary and Edmonton. “In Calgary and Edmonton, sales plunged by about 30 per cent between December to April. These housing markets were already on shaky ground due to a buildup of broader economic slack in…

Alberta third most popular destination for Canadian travellers

Canadians made 65.8 million trips in Canada and abroad in the first quarter, spending $19.1 billion: StatsCan

Alberta third most popular destination for Canadian travellersAlberta appears to be a popular destination for Canadian travellers. According to new data released on Monday by Statistics Canada, Canadian residents made 56.3 million trips to destinations in Canada in the first three months of 2018, 69.5 per cent of which were same-day trips. “Ontario, Canada's most populous province, recorded 23.3 million visits during…

Enbridge-Spectra deal valued at $4.3 billion

Enbridge says the move was influenced by tax changes in the U.S.

Enbridge-Spectra deal valued at $4.3 billionCalgary-based energy transportation company Enbridge announced on Friday that it will acquire all of Spectra Energy Partner’s (SEP) outstanding 81.9 million public shares. The agreement will be based on a ratio of 1.111 Enbridge common shares for each common unit of Spectra. The agreement is valued at $4.3 billion, representing a 9.8 per cent increase…

Canadian cannabis spending reaches $5.7 billion in second quarter

Prices for both medical and non-medical cannabis have declined by 10.6% since the first quarter of 2016: StatsCan

Canadian cannabis spending reaches $5.7 billion in second quarterIn less than two decades, cannabis consumption in Canada has increased by 72 per cent. This year alone, cannabis spending for both medical and non-medical use was up 1.4 per cent in the first quarter and 1.2 per cent in the second, according to a report released by Statistics Canada on Friday. Spending on cannabis…

Alberta economic recovery is slow but steady: ATB

But if trade tensions worsen, a slowdown is almost inevitable, report warns

Alberta economic recovery is slow but steady: ATBThe good news for Alberta is that its economy continues to move forward as it gears up for the final months of 2018. The not-so-good news is that the road to recovery is slow. A new economic outlook by ATB Financial’s Economics & Research Team is forecasting economic growth of 2.6 per cent this year,…

Average workers will ultimately pay B.C.’s new payroll tax

Health tax will reduce wages and job opportunities, and further erode the province’s investment climate

Average workers will ultimately pay B.C.’s new payroll taxBy Charles Lammam and Taylor Jackson The Fraser Institute B.C. Finance Minister Carole James called Medical Services Plan (MSP) premiums “unfair” and argued in a news release that her government’s replacement Employer Health Tax (EHT) is a “much fairer and progressive approach.” More broadly, Premier John Horgan government’s rhetoric about the new tax suggests it…

A smile can change your future, and your business

Serotonin and dopamine, produced in your brain by a smile, help to improve your mood

A smile can change your future, and your businessWhenever I give a presentation on the impact of body language in the workplace, I always include a section on the power of a smile. That’s because research shows that facial expressions send feedback from your face to your left frontal cortex, which in turn triggers the release of the neurotransmitters serotonin and dopamine into…

Why businesses need to embrace a long-term view

Adam Legge of the Haskayne School of Business works to provide firms with the tools to handle disruption while looking to the future

Why businesses need to embrace a long-term viewAdam Legge is director of Global Business Futures Initiative|Canadian Centre for Advanced Leadership at  the Haskayne School of Business at the University of Calgary. Calgary’s Business: What is the Global Business Futures Initiative|Canadian Centre for Advanced Leadership? Its purpose and mission? Legge: The purpose of the Global Business Futures Initiative is to enable firms to focus…

Should hunting be banned in your business?

Discover ways of baiting your customers so they come back to you and you will never starve

Should hunting be banned in your business?Hunting season is just around the corner in many places in Canada. In northern communities, people rely on moose or deer meat to sustain themselves through the winter. Rituals and skills of hunting are passed from one generation to the next as families and friends go into the forests. These tracking and hunting skills are…
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