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Alberta

Oil execs at World Petroleum Congress see global demand growing, not falling

Oil execs at World Petroleum Congress see global demand growing, not falling

CALGARY — Chief executives of the some of the world's biggest fossil fuel companies are meeting in Canada this week, united in their stance that "peak oil" isn't about to put them out of business anytime soon.
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Calgary office conversion program whittles away at vacancies

Calgary office conversion program whittles away at vacancies

Vacancies in Class B space prove the most persistent thanks to sheer volume
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Suburbs gain commercial strength as downtowns wane

Suburbs gain commercial strength as downtowns wane

Across the West, it is more than lower costs and ample parking that is driving tenants out of downtown
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Vancouver industrial users decamping to Calgary

Vancouver industrial users decamping to Calgary

More than five million square feet shifts east as buyers compare land and property prices in the two cities
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Five things to watch for in the Canadian business world in the coming week (Sept. 11-15)

Five things to watch for in the Canadian business world in the coming week (Sept. 11-15)

From home sales to wholesale trade, and more. Here are the top things to watch for in the coming week.
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Bone-dry conditions spur ranchers to seek help from Ottawa

Bone-dry conditions spur ranchers to seek help from Ottawa

Persistent drought conditions from B.C to the Prairies are putting cattle producers at risk
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Manitoba leads construction spending increase in the West

Manitoba leads construction spending increase in the West

Manitoba’s 7-per-cent surge seen helped western provinces to a near-$30 billion investment in first half, with non-residential construction the strongest sector in the region
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Kootenay multi-family portfolio sale shows lure of small markets

Kootenay multi-family portfolio sale shows lure of small markets

Investor snapped up six buildings with a total of 242 rental suites for less than $97,000 per door, a fraction of comparable prices in Metro Vancouver
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Bank of Canada holds key rate steady at 5%, says economy is weakening

Bank of Canada holds key rate steady at 5%, says economy is weakening

'The Canadian economy has entered a period of weaker growth, which is needed to relieve price pressures,' the central bank says
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BP buys nearly all future production at Woodfibre LNG

BP buys nearly all future production at Woodfibre LNG

British oil and gas giant will purchase 90.4 per cent of all the liquefied natural gas the new Squamish plant can produce
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