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Found 36 results

  1. How $40 oil would impact Canada’s provinces What does Canada’s economy look like with oil prices at $40 a barrel? Certainly it won’t be the energy superpower envisioned by Prime Minister Stephen Harper. If $40 a barrel still seems a ways off, consider that the benchmark price for oil sands crude is already trading in that price range. What’s more, if production from high-cost sources isn’t withdrawn from an oversupplied market, oil prices may soon be trading even lower. The first thing Canadians should recognize about the new world order for oil prices is that – contrary to what we’re being told by our federal government – the economy is no longer in dire need of any new pipelines. For that matter, it can live without the new rail terminals being built to move oil as well. Yesterday’s transportation bottlenecks aren’t relevant in today’s marketplace. At current prices there won’t be any massive expansion of oil sands production because those projects, which would produce some of the world’s most expensive crude, no longer make economic sense. The recent spate of project cancellations by global oil giants – Total’s Joslyn mine, Shell’s at Pierre River, and Statoil’s Corner oil sands venture – is only the beginning. As oil prices grind lower, we can expect to hear about tens of billions of dollars of proposed spending that will be cancelled or indefinitely postponed. Not long ago, the grand vision for the oil sands saw production doubling over the next 20 years. Now that dream is in the rear-view mirror. Rather than expanding production, the industry’s new economic imperative will be attempting to cut costs in a bid to maintain current output. With the exception of oil sands players themselves, no one will feel those project cancellations more acutely than new Alberta Premier Jim Prentice. His province’s budget is beholden to the gusher of bitumen royalties that will no longer be accruing as planned. He could choose to stay the course on spending, as former Premier Don Getty did when oil prices plunged in the 1980s, in hopes that a price recovery will materialize. That option, as Getty discovered, would soon see Alberta’s budget surplus morph into spiralling deficits. The province’s balance sheet wasn’t cleaned up until the axe-wielding Ralph Klein took over. In his first term, Klein slashed spending on social services by 30 per cent, cut the education budget by 16 per cent and lowered health care expenditures by nearly 20 per cent. Of course, falling oil prices are a concern for much more than just Alberta’s budget position. Real estate values also face more risk, particularly downtown Calgary office space. For oil sands operators, staying alive in a low price environment won’t just mean cancelling expansion plans and cutting jobs in the field. Head office positions are also destined for the chopping block, which is bad news for the shiny new towers going up in Calgary’s commercial core. If plunging oil prices are writing a boom-to-bust story in provinces such as Alberta, Saskatchewan and Newfoundland, the narrative will be much different in other parts of the country. Ontario’s long-depressed economy is already beginning to find a second wind, recently leading the country in economic growth. And the engine is just beginning to rev up. As the largest oil-consuming province in the country, lower oil prices put more money back into the pockets of Ontarians, while also juicing the buying power of its most important trading partner. Ontario’s trade leverage with the U.S. is set to become even more meaningful as the Canadian dollar continues to slide along with the country’s rapidly fading oil prospects. Just as the oil sands boom turned Canada’s currency into a petrodollar, pushing it above parity with the greenback, the loonie is already tumbling in the wake of lower oil prices. And it shouldn’t expect any help from the Bank of Canada, which continues to signal that it’s willing to live with a much lower exchange rate in the face of a strengthening U.S. dollar. A loonie at 75 cents means GM and Ford may once again consider Ontario an attractive place to make cars and trucks. Even if they don’t, you can bet others will. With the loonie’s value falling to three quarters of where it was only a few years ago, we’ll start seeing Ontario, as well as other regions of the country, start to regain some of the hundreds of thousands of manufacturing jobs that were lost in the last decade amid a severely overvalued currency. For the Canadian economy as a whole, much is about to change, while much will also remain the same. Once again, oil will largely define the fault lines that separate the haves from the have-nots (or at least the growing from the stagnating). But at $40 oil, it’s the consuming provinces that will drive economic growth. Rather than oil flowing east through new pipelines, jobs and investment will be heading in that direction instead. http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/how-40-oil-would-impact-canadas-provinces/article22288570/
  2. 9 from Quebec.. however again small compared to Ontario. http://www.theglobeandmail.com/report-on-business/small-business/sb-growth/success-stories/canadas-50-fastest-growing-technology-companies/article21555204/ # Growth % Company Name City Province 1 69800% Chango Toronto Ontario 2 56514% HootSuite Vancouver British Columbia 3 16759% Shopify Ottawa Ontario 4 14299% Dejero Labs Inc. Waterloo Ontario 5 12332% QuickMobile Vancouver British Columbia 6 11528% Uken Games Toronto Ontario 7 10670% Aeryon Labs Waterloo Ontario 8 6589% AcuityAds Inc. Toronto Ontario 9 5857% ScribbleLive Toronto Ontario 10 5499% Clio Burnaby British Columbia 11 5339% 360incentives Whitby Ontario 12 4971% Robots and Pencils Calgary Alberta 13 1268% Firmex Toronto Ontario 14 1135% Securefact Toronto Ontario 15 956% Avigilon Corporation Vancouver British Columbia 16 865% Zafin Vancouver British Columbia 17 851% VIZIYA Corporation Hamilton Ontario 18 816% EcoSynthetix Inc. Burlington Ontario 19 749% Miovision Technologies Inc Kitchener Ontario 20 727% Achievers Toronto Ontario 21 655% SourceKnowledge Montreal Quebec 22 654% Appnovation Technologies Vancouver British Columbia 23 581% 5N Plus Inc. Saint-Laurent Quebec 24 461% Real Matters Markham Ontario 25 435% Acquisio Inc. Brossard Quebec 26 434% AskingCanadians Toronto Ontario 27 392% Venngo Toronto Ontario 28 382% CoolIT Systems Inc. Calgary Alberta 29 377% Symbility Solutions Toronto Ontario 30 322% CM Labs Simulations Montreal Quebec 31 319% Solace Systems Kanata Ontario 32 275% PointClickCare Mississauga Ontario 33 265% PEER Group Kitchener Ontario 34 259% Clevest Richmond British Columbia 35 248% Etelesolv Lachine Quebec 36 246% Solium Calgary Alberta 37 239% Doxim Markham Ontario 38 236% CloudOps Montreal Quebec 39 230% Berkeley Payment Solutions Toronto Ontario 39 230% Dominion Voting Systems Corporation Toronto Ontario 41 228% iBwave Saint-Laurent Quebec 42 220% Connexon Telecom Inc. Montreal Quebec 42 220% Photon Control Inc. Burnaby British Columbia 44 211% 3esi Calgary Alberta 45 204% Intelex Technologies Inc. Toronto Ontario 46 199% TransGaming Toronto Ontario 47 196% Phoenix Interactive Design Inc. London Ontario 48 192% Klick Health Toronto Ontario 49 187% Geotab Inc. Oakville Ontario 50 182% Stingray Digital Group Montreal Quebec
  3. Projects in and around Edmonton, Alberta First a little background. http://edmonton.com/ <header style="box-sizing: border-box; font-family: SinewRegular, sans-serif; font-size: 16px; line-height: 16px;"><section id="hero" style="box-sizing: border-box; padding: 240px 0px 60px; text-align: center; height: 900px; background-image: url(<a href=" http:="" edmonton.com="" img="" background-large_r.jpg);"="" target="_blank"><footer style="box-sizing: border-box; padding: 2em;"> </footer></section></header>
  4. I have an idea...lets keep the status quo. By Nicolas Van Praet Montreal • Forget Newfoundland, derided for decades as the fish-dependent fiscal laughingstock of Canada. Another province is swiftly climbing the ranks of the penniless: Quebec. Quebecers will displace their fellow countrymen as the poorest Canadians if current income and purchasing power trends continue, according to a new study released Tuesday by Montreal’s HEC business school. The stark outlook underscores the urgency for Canada’s second-largest province to fix its structural problems and lends weight to arguments that its untapped natural resources should be developed. Related “Compared to the rest of the country, Quebec has a real revenue problem,” says Martin Coiteux, an economist who wrote the study for the HEC’s Centre for Productivity and Prosperity. Unless the province begins an honest, nothing-off-limits self-examination, “it runs the risk of finding itself last among Canadian provinces with respect to income and standard of living.” It’s the trend lines that should be worrying Quebecers, Mr. Coiteux said. The income gap is widening between Quebec and Canada’s richest provinces while it is shrinking with the poorest. Over a 31-year period from 1978 to 2009, every region of Canada gained on income against Quebec, according to the study. Buoyed by revenues from offshore oil, Newfoundland has bridged the income gap with Quebec to within $3,127 per adult as of 2009. Ontario’s income was $9,853 higher per adult that year while Alberta’s was $17,947 higher. That in itself is problematic for Quebec. But the HEC research also shows that one of the key things that made living in Quebec so attractive, namely the lower cost of living compared with other big provinces, is also rapidly changing. While it remains cheaper to buy consumer goods like food, gasoline and haircuts in Quebec than most other provinces (9% cheaper in Quebec than Alberta in 2009 for Statistics Canada’s standard Consumer Price Index basket of goods, for example), the difference is narrowing. And that makes the purchase power equation even worse for the French-speaking province. What explains this income nightmare? Mr. Coiteux summed it up thus: “Proportionately, fewer Quebecers work [than other Canadians]. They work fewer hours on average. And they earn an hourly pay that’s lower than that of most other Canadians.” The relative poverty of Quebec means that its residents pay less in federal income tax and receive more transfers than those living in richer provinces, which reduces the income gap with Ontario, Alberta and B.C. But that situation also represents “a form of dependency,” Mr. Coiteux noted. Provincial wealth in Canada is increasingly split along the lines of those who have natural resource wealth and those who do not. In addition to a bounty of hydroelectric power and aluminum production, Quebec also has known shale natural gas and oil deposits on its territory. The Liberal government of Jean Charest has signalled it is eager to tap its forestry and mining wealth, most notably with its plan to develop a vast portion of its northern territory twice the size of Texas. It has put oil and gas commercialization on the back burner in the face of public opposition and a continuing ocean boundary spat with Newfoundland. But even the northern development plan isn’t generating unanimity. Quebecers have proven to be tremendously shy in using their resources to generate wealth, says Youri Chassin, economist at the Montreal Economic Institute, a conservative think-tank. “We are kind of afraid of the consequences. And it might be good to have public debate about this. But [in that debate], we have to take into account that we are getting poorer.”
  5. (Courtesy of the Financial Post) Speaking of mining in Quebec, I took a massive hit from CLQ Luckily I sold off like half my shares at a profit days before it lost 50% Seeing I do not want to make another topic, here is a graph of the top 10 largest mergers in Canada from 2010, I wonder what 2011 has in store for Canada.
  6. Article Western Australia = B.C / Alberta Victoria = Quebec NSW = Ontario Doest that seem right?
  7. Since everyone here loves Maclean's http://www2.macleans.ca/2010/10/14/the-good-bad-and-ugly/ What the hell is going on in BC? (and secondarily, Alberta, Red Deer? Seriously?!) I liked one of the comments:
  8. The truth about the Alberta Oil Sands <object width="640" height="385"><param name="movie" value="http://www.youtube.com/watch?v=mFr782sTnwA?fs=1&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/watch?v=mFr782sTnwA?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object> <object width="640" height="385"><param name="movie" value="http://www.youtube.com/watch?v=CxO-3qbPR9w?fs=1&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/watch?v=CxO-3qbPR9w?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object> <object width="640" height="385"><param name="movie" value="http://www.youtube.com/watch?v=Z-ykNmhH9Dc?fs=1&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/watch?v=Z-ykNmhH9Dc?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object> <object width="640" height="385"><param name="movie" value="http://www.youtube.com/watch?v=EtJfm_ir3u0?fs=1&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/watch?v=EtJfm_ir3u0?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object> <object width="640" height="385"><param name="movie" value="http://www.youtube.com/watch?v=Ow2V9HLyWjg?fs=1&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/watch?v=Ow2V9HLyWjg?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object>
  9. En lisant cet article d'aujourd'hui dans La Presse j'ai découvert le Art Gallery of Alberta, inauguré récemment. http://www.cyberpresse.ca/voyage/canada/201009/10/01-4314487-edmonton-la-ville-qui-fait-boom.php?utm_categorieinterne=trafficdrivers&utm_contenuinterne=cyberpresse_B2_voyage_264_accueil_POS1 Penser que les gens à Edmonton ont plus d'audace architectural qu'à Montréal...soupir.
  10. http://www.economist.com/world/americas/displaystory.cfm?story_id=15726687&source=hptextfeatureCanadian cities Mar 18th 2010 | CALGARY AND TORONTO From The Economist print edition And the gloom in Toronto TIME was when the decision over where to put a new Canadian capital-markets regulator would have been automatic. Toronto, Canada’s most populous city and the capital of Ontario, the most populous province, has long been the country’s business and financial centre. The biggest banks are there, as is the stock exchange. Legions of lawyers, accountants and bankers flock daily to the towers surrounding King and Bay streets. And yet the Canadian government is in two minds over the home for the new authority, and may end up splitting it between several cities—partly to placate provincial regulators jealous of their purviews. This hesitation has brought grumbles from politicians in Ontario. But it is tacit recognition that economic and political power in Canada are slowly shifting westward, and in particular to Calgary, the main business centre in Alberta, a province with a large oil and gas industry. Toronto still has the top spot. Greater Toronto has 5.6m people, or almost five times as many as Calgary. It is home to more corporate headquarters than any other Canadian city. Of the 20 biggest companies in Canada, ten are based in the Toronto area. But six are now in Calgary. All are oil and gas firms, whose towers form the city’s dramatic skyline, set against the backdrop of the Rocky mountains. And Calgary has the momentum. The new housing developments that surround the city and stretch to the foothills are evidence that Alberta is sucking in people and investment from the rest of Canada. Between 1999 and 2007, while head-office employment grew by 14.1% in Toronto, it soared by 64.6% in Calgary, according to a report by the OECD, a research body. Alberta’s economy swiftly brushed off the recession. Its leaders dismiss hostility from greens to the tar sands that are the source of much of its hydrocarbons. If Americans do not want their oil, then Alberta will build a pipeline to the west coast and sell it to China, they say. Dave Bronconnier, Calgary’s mayor, laughs off the idea that his city might soon supplant Toronto. But he admits that he has tried to woo one of Canada’s big five banks to come and set up its headquarters. He is also courting branch offices of banks from China, the Middle East and South Korea. Office rents are higher in Calgary than in many other cities, though they have fallen sharply since 2008. But low business taxes and the lack of a provincial sales tax make overall operating costs lower than in Ontario. The city wants to become a global centre for energy companies. Its rivals are Houston, Dallas and Dubai, rather than Toronto, says Mr Bronconnier. This boosterism is in sharp contrast to the downbeat mood back east. Despite the strength of the banks, Toronto and Ontario—the home of Canadian carmaking—have fared badly in the recession. In an editorial earlier this month the Toronto Star, the city’s biggest newspaper, bemoaned growing social inequality, worsening gridlock, a deteriorating transport system and rising taxes. “There’s a nagging but entirely justified sense that Toronto has lost its way,” the paper concluded. Ontarians as a whole are feeling uneasy. In a recent poll taken in the province for the Mowat Centre, a think-tank, half of respondents felt that Ontario’s influence in national affairs is waning and about the same number thought the province is not treated with the respect it deserves. A generation ago Toronto benefited from an influx of businesses from Montreal fleeing the threat of Quebec separatism. That threat has receded, but federal politicians are ever-sensitive to the French-speaking province’s demands. Alberta’s politicians are becoming increasingly bolshy as their economic muscle grows. And Ontario? Torontonians were long used “to assuming that they are the centre of the universe,” as Joe Martin, a business historian at the University of Toronto, puts it. They are awakening to a world in which their planet, though still the biggest in the Canadian firmament, is being eclipsed. Copyright © 2010 The Economist Newspaper and The Economist Group. All rights reserved.
  11. Les jeunes préfèrent Kingston et Regina à Montréal Kingston, Saskatoon et Regina seraient de meilleures villes où vivre et travailler que Montréal lorsqu'on est un jeune professionnel. C'est en tout cas ce que pense le groupe de réflexion américain Next Generation Consulting (NGC), qui a dévoilé mardi un palmarès des 27 plus grandes villes canadiennes qui risque d'alimenter bien des conversations. La capitale de la Colombie-Britannique, Victoria, domine le classement. Elle est suivie dans l'ordre d'Ottawa, Vancouver, Kingston et Halifax. Montréal ne fait pas mieux que la 16e place, alors que Québec est 19e. La ville de Saguenay est tout en bas du classement, au 27e rang. NGC dit avoir analysé 45 types de mesures concernant les villes d'une population supérieure à 100 000 habitants. L'organisme a mis au point un système d'indexation tenant compte de sept critères (salaires, apprentissage, vitalité, autour de la ville, vie nocturne, coût de la vie et capital relationnel). Voici le classement complet: 1) Victoria (Colombie-Britannique) 2) Ottawa (Ontario) 3) Vancouver (Colombie-Britannique) 4) Kingston (Ontario) 5) Halifax (Nouvelle-Ecosse) 6) Toronto (Ontario) 7) Calgary (Alberta) 8) Saskatoon (Saskatchewan) 9) London (Ontario) 10) Edmonton (Alberta) 11) Winnipeg (Manitoba) 12) Regina (Saskatchewan) 13) Thunder Bay (Ontario) 14) St. Catharines-Niagara (Ontario) 15) Saint-Jean (Nouveau-Brunswick) 16) Montréal (Québec) 17) Kitchener (Ontario) 18) Saint-Jean (Terre-Neuve-et-Labrador) 19) Québec (Québec) 20) Hamilton (Ontario) 21) Sherbrooke (Québec) 22) Sudbury (Ontario) 23) Oshawa (Ontario) 24) Windsor (Ontario) 25) Abbotsford (Colombie-Britannique) 26) Trois-Rivières (Québec) 27) Saguenay (Québec) Source: Cyberpresse Franchement, moi j'y crois pas à ce classement. Victoria, c'est joli, mais ça m'a semblé assez vieux et tranquille comme ville. Ça prend bien des américains pour faire un classement pareil!
  12. Shell songe à quitter le Québec Publié le 08 juillet 2009 à 15h42 | Mis à jour à 15h44 Le géant pétrolier Royal Dutch Shell songe à fermer sa raffinerie de Montréal et à se départir de son réseau de stations-service au Québec et dans les Maritimes. Une révision stratégique de ces activités est en cours actuellement chez Shell, dont l'issue pourrait être la fermeture de la raffinerie, ont appris avec stupéfaction aujourd'hui les employés de la raffinerie de Montréal-Est. Parmi les options examinées figurent la vente de la raffinerie en tout ou en partie, sa transformation en terminal pétrolier ou la fermeture pure et simple. La raffinerie de Shell emploie 550 personnes à Montréal. L'entreprise possède deux autres raffineries, à Sarnia en Ontario et à Fort Saskatchewan Alberta. Shell songe aussi à de départir de son réseau de distribution d'essence au Québec et dans les Maritimes.
  13. Jobless claims soar 21% in Canada Financial Post March 24, 2009 1:02 Lukas Stewart, with his resume strapped to his body, uses a megaphone to attract the attention of potential employers on Bay Street in Toronto's financial district.Photograph by: Mark Blinch/Reuters, Mark Blinch/ReutersOTTAWA -- The number of people receiving employment insurance benefits rose to 567,000 in January, a 21.3% jump from the year before. British Columbia saw the biggest percentage increase, rising 47.7% from last year, followed by Alberta, 46%, and Ontario 43%, Statistics Canada said Tuesday. But Ontario, where the manufacturing sector experienced heavy layoffs, suffered the biggest number increase with claims rising by 54,570 from the year before. “In recent months, labour market conditions in Canada have deteriorated significantly,” the agency said in its report. “Through the early part of 2008, employment growth weakened, only to fall sharply later that year and into 2009, causing a spike in the unemployment rate. By February 2009, the unemployment rate hit 7.7%, up almost two percentage points from a record low at the start of 2008.” The number of beneficiaries is a measure of all persons who received employment insurance benefits from Jan. 11. to 17. In Alberta, 23,300 people were receiving regular EI benefits in January, up 10.5% from the month before. British Columbia had 56,100 beneficiaries, up 9%, while Ontario had 181,500 people receiving EI, which was a 6.2% increase over December. The agency noted year-over-year figures shows the increase in the number of men receiving regular was double that of women. © Copyright © National Post
  14. Le Québec Inc. est en panne Martin Jolicoeur, Les affaires 09:30 Seulement 16% des Québécois ont déjà créé ou repris une entreprise. Le mythe du Québec entrepreneur est résolument en déclin. Un sondage Léger Marketing montre que la province se trouve bonne dernière pour la plupart des indicateurs de l’entrepreneuriat au Canada. Raymond Bachand réagit au sondage Entrepreneuriat : Québec, société distincte Ainsi, seulement 16% des Québécois adultes affirment avoir déjà créé ou repris une entreprise, selon le sondage commandé par la Fondation de l’entrepreneurship. C’est le pire résultat au pays, loin derrière la moyenne canadienne, qui est à 24%. Et quand on se compare, on se désole. Ainsi, en Alberta, 38% des répondants (soit plus du double qu’au Québec) ont vécu l’expérience de l’entrepreneuriat; 30% au Manitoba; 29% en Colombie-Britannique. « La situation est alarmante au Québec, commente Mario Girard, pdg de la Fondation de l’entreneurship. Si rien ne change, si on ne se mobilise pas rapidement pour changer les choses, on se prépare à un lendemain de veille assez terrible. » Basé à Québec, cet organisme a eu l’initiative de ce sondage, le plus important jamais réalisé sur la question au pays. Plus de 17 000 Canadiens ont été sondés, dont plus de 10 000 Québécois. Dans tous les résultats de ce sondage, un entrepreneur est défini comme une personne ayant créé ou repris une entreprise, en incluant les travailleurs autonomes. En queue de peloton Le Québec se trouve également en queue de peloton en ce qui concerne la proportion de ceux qui ont créé une entreprise au cours des cinq dernières années. Ainsi, 2,8% des Québécois affirment avoir tenté l’aventure. Ce résultat est inférieur du quart à la proportion observée dans le reste du Canada (3,7%). Cette proportion atteint 3,6% en Ontario, près de la moyenne nationale, et même 4,3% en Alberta et 4,6% en Colombie-Britannique. Dans cette dernière province, le nombre d’adultes qui affirment avoir fondé une entreprise au cours des cinq dernières années dépasse de 65% celui du Québec ! L’écart est cependant moins grand en ce qui concerne l’intention de création d’entreprises au Québec. Au cours des cinq prochaines années, 7,1% des Québécois affirment vouloir se lancer en affaires, comparativement à une moyenne de 7,5% dans le reste du pays. Mais bien qu’il soit proche de la moyenne nationale, ce résultat inquiète au plus au point les spécialistes de la question. Il indique en effet un recul brutal de l’ambition d’entreprendre des Québécois, qui tournait autour de 15%, en 2007, d’après le consortium de recherche internationale Global Entrepreneurship Monitor (GEM). « En deux ans, le désir d’entreprendre des Québécois a fondu de moitié ! » se désole Nathaly Riverin, vice-présidente, vigie, recherche et développement à la Fondation de l’entrepreneurship et responsable de GEM Canada. Derrière les Maritimes Le seul aspect pour lequel le Québec semble se rapprocher de la moyenne canadienne concerne la proportion de la population qui affirme... avoir fermé une entreprise ! À ce chapitre, le Québec affiche un taux de 5,8%, comparativement à une moyenne nationale de 5,7%. Un résultat d’autant plus surprenant que la proportion d’entrepreneurs dans la province (7,3%) est presque deux fois moindre que celle du reste du pays (13,8%). À titre de comparaison, en Alberta, pas moins de 16,8% de la population se dit propriétaire d’une entreprise; 8,6% dans les provinces maritimes. « Dans le passé, observe Nathaly Riverin, le Québec parvenait toujours à devancer une ou deux régions du pays. Mais ce n’est plus le cas aujourd’hui. Le Québec se trouve au tout dernier rang, et même bien souvent derrière les Maritimes. » Problème de financement ? Par ailleurs, on remarque que les entrepreneurs du Québec comptent davantage sur le financement institutionnel que les autres Canadiens pour créer leur entreprise. Interrogés sur leur principale source de financement, le tiers d’entre eux (34%) citent les banques et autres institutions telles que la SGF ou la Caisse de dépôt et placement du Québec, et seulement 16% leurs économies personnelles. En Alberta, les modèles de financement sont complètement inversés : 39% puisent d’abord dans leurs économies, et 10% seulement s’en remettent aux institutions financières. Autre surprise : lorsque les entrepreneurs du Québec demandent l’aide du gouvernement, c’est une fois sur deux (49%) pour de l’aide financière. Dans le reste du pays, cette proportion n’est que de 30%. Faut-il en conclure que les entrepreneurs du Québec dépendent trop de l’État ou de tiers pour réaliser leurs projets? Pas forcément, estime M. Girard, qui pointe plutôt la rareté des grandes fortunes privées au Québec. Le sondage de la Fondation de l’entrepreneurship est le plus important jamais réalisé sur la question au pays. La firme Léger Marketing a sondé 17 192 Canadiens de toutes les régions du pays par Internet entre le 23 janvier et le 3 février. Parmi les répondants, 10 665 habitent le Québec. Les résultats du sondage comportent une marge d’erreur de 0,33 % au Canada et de 4,1 % au Québec. Ce sondage sera répété chaque année au cours des quatre prochaines années, ce qui permettra de suivre l’évolution de l’entrepreneuriat au pays.
  15. Building permits fall for third month Canwest News ServiceFebruary 5, 2009 9:01 AM OTTAWA—The value of Canadian building permits fell in December for a third straight month as a slowdown in the economy continued to temper construction activity in both residential and non-residential sectors. Statistic Canada said Thursday that municipalities issued $4.6 billion worth of permits during the month, a decline of 3.9 per cent from November. Residential permits were down 3.2 per cent to $2.6 billion in December, marking the ninth monthly drop in 2008. “Increases in multi-family permits in Ontario were not enough to offset the declines in single-family permits in Ontario, Alberta and British Columbia,”the federal agency said. The value non-residential permits fell 4.9 per cent to $2 billion, the third straight monthly decline. This drop was mainly in institutional permits in Alberta and commercial permits in British Columbia, the agency said. Construction permits declined in five provinces and all three territories in December, it said.
  16. Lockerbie Hole d'Edmonton, qui a annoncé récemment la perte d'importants contrats dans le secteur pétrolier, est vendue au géant Aecon de Toronto pour 220millions de dollars. Pour en lire plus...
  17. Ils ont beau être inondés de pétrodollars, les Albertains ont des tracas financiers comme tout le monde. Pour en lire plus...
  18. Petro-Canada a annoncé hier qu'elle reportait à l'année prochaine sa décision d'investir 25 milliards de dollars dans son projet d'exploitation des sables bitumineux de Fort Hills, en Alberta. Pour en lire plus...
  19. L'Association canadienne des services pétroliers prévoit une importante baisse du nombre de forages en 2009 en Alberta. De leur côté, la Colombie-Britannique et la Saskatchewan connaîtront une augmentation de la quantité des puits de pétrole et de gaz naturel. Pour en lire plus...
  20. Chute de 13,5% des permis de bâtir 6 octobre 2008 - 09h10 Presse Canadienne La valeur des permis de bâtir a chuté de 13,5% au mois d'août au Canada comparativement à juillet, pour se chiffrer à 5,6 G$. Dans le secteur résidentiel, la valeur des permis de bâtir a diminué de 9,3% et s'est établie à 3,4 G$, selon les données publiées lundi par Statistique Canada. Dans le secteur non résidentiel, la valeur des permis a diminué de 19,3% pour se fixer à 2,2 G$. Les trois composantes du secteur non résidentiel (industrielle, commerciale et institutionnelle) ont participé à ce recul. La plus forte baisse a toutefois été enregistrée dans la composante institutionnelle. La valeur des permis de bâtir a diminué dans sept provinces en août. Les plus fortes baisses ont été enregistrées en Ontario (-11,5%) et en Alberta (-19,1%). La valeur des logements a également diminué au Québec (-12,6%) et en Saskatchewan (-45,9%). Le Nouveau-Brunswick a enregistré un gain de 53,1%. Depuis le début de 2008, la valeur des permis de bâtir a diminué de 0,7% par rapport à la même période l'année dernière.
  21. Monday, September 29, 2008 Migration 2006/2007 Previous release Data are now available on the number of individuals who moved between July 1, 2006 and June 30, 2007. At the provincial level, Alberta had the highest net migration rate, with 16.4 people for every 1,000 population. British Columbia followed and Ontario was third. Among census metropolitan areas, the highest net inflow occurred in Kelowna, which had a net inflow of 22.0 migrants for every 1,000 residents. Edmonton and Calgary were second and third, respectively. In absolute terms, Toronto had the highest net inflow, with 74,195 more people moving into the metropolitan area than moving out. Vancouver ranked second and Montréal third. Of the 33 metropolitan areas, 29 had a net inflow from migration, while 4 experienced a net outflow. Among census divisions, the highest net inflow relative to population size occurred in Division No. 16 in Alberta, which includes Fort McMurray. It had a net inflow of 53.5 migrants for every 1,000 population. This was almost twice the net gain of the previous year, reflecting the robust economy related to oil sands development. Note: Migration data reflect interprovincial and international movements as well as intraprovincial moves between census metropolitan areas or census divisions. Moves across town or across the street are excluded. Migration estimates (91C0025, various prices) are available for the provinces and territories, census metropolitan areas and census divisions. Five tables covering these levels of geography provide data on origin and destination, as well as the age, the sex and the median income of migrants. 2006/2007 2006/2007 2005/2006 in out net net rate per 1,000 population Kelowna1 10,817 7,124 3,693 22.0 ... Edmonton 52,242 34,803 17,439 16.5 21.0 Calgary 61,456 43,551 17,905 16.2 21.5 Toronto 175,127 100,932 74,195 13.7 17.3 Vancouver 78,021 47,919 30,102 13.3 16.4 Saskatoon 12,671 9,610 3,061 12.9 5.8 Regina 8,730 6,809 1,921 9.6 0.5 Victoria 15,295 12,144 3,151 9.4 7.2 Oshawa 15,698 12,770 2,928 8.5 10.5 Barrie1 10,964 9,477 1,487 8.2 ... Moncton1 5,882 4,830 1,052 8.1 ... Ottawa–Gatineau 45,212 36,633 8,579 7.3 7.1 Abbotsford 10,586 9,506 1,080 6.6 6.8 St. John's 6,608 5,403 1,205 6.6 5.0 Guelph1 7,235 6,368 867 6.6 ... Halifax 15,754 13,254 2,500 6.5 3.8 London 17,450 14,430 3,020 6.4 6.8 Kitchener 19,638 16,783 2,855 6.2 8.0 Winnipeg 24,003 19,603 4,400 6.2 2.3 Sherbrooke 7,979 6,797 1,182 6.2 5.3 Brantford1 5,440 4,629 811 6.0 ... Montréal 91,421 69,731 21,690 5.9 5.6 Québec 20,123 15,953 4,170 5.7 5.9 Trois-Rivières 5,266 4,494 772 5.4 6.0 Hamilton 24,236 21,579 2,657 3.7 3.7 Kingston 7,395 6,914 481 3.1 0.8 Greater Sudbury 5,230 4,818 412 2.5 5.2 Peterborough1 4,701 4,446 255 2.2 ... Saint John 3,411 3,378 33 0.3 -1.7 St. Catharines–Niagara 9,996 10,046 -50 -0.1 2.0 Thunder Bay 3,920 4,331 -411 -3.3 -5.9 Saguenay 3,487 4,281 -794 -5.2 -7.1 Windsor 8,519 10,293 -1,774 -5.3 -0.7 Provincial migration 2006/2007 2006/2007 2005/2006 in out net net rate per 1,000 population Alberta 181,291 126,035 55,256 16.4 20.3 British Columbia 169,068 118,281 50,787 11.8 12.3 Ontario 428,738 338,108 90,630 7.1 9.6 Yukon 1,472 1,309 163 5.2 0.4 Saskatchewan 40,058 35,408 4,650 4.7 -4.7 Quebec 197,757 168,238 29,519 3.9 4.4 Manitoba 39,686 35,171 4,515 3.8 1.1 Prince Edward Island 3,316 3,481 -165 -1.2 -2.5 New Brunswick 21,104 22,494 -1,390 -1.9 -2.6 Nova Scotia 26,706 28,678 -1,972 -2.1 -1.1 Northwest Territories 2,392 2,532 -140 -3.3 -20.4 Nunavut 897 1,037 -140 -4.6 -4.7 Newfoundland and Labrador 13,986 17,938 -3,952 -7.7 -7.5 http://www.statcan.ca/Daily/English/080929/d080929c.htm
  22. Un Québécois a fondé en Alberta une compagnie qui figure en tête de peloton dans la course aux dirigeables-cargo. Pour en lire plus...
  23. Parmi les boutiques qui seront fermées, on en retrouve à Montréal, Laval, Québec et Mont-Tremblant. D'autres magasins seront fermés en Ontario, en Alberta et en Colombie-Britannique. Pour en lire plus...
  24. Immigrants pass Toronto to follow money West, study finds MARINA JIMENEZ From Thursday's Globe and Mail September 4, 2008 at 4:50 AM EDT A new study shows immigrants earn more money in Calgary, Regina and Saskatoon than they do in Toronto, a significant trend that could help explain why the city's share of immigrants is steadily declining. While Toronto remains overwhelmingly the dominant hub for newcomers, its proportion of Canada's total annual immigrant intake dropped to nearly one-third in 2007 from half in 2001. In contrast, the numbers settling in western cities such as Calgary, Edmonton, Regina and Saskatoon have increased every year in the past five years. "This represents a significant shift in immigration patterns," said Jack Jedwab, executive director of the Association for Canadian Studies, which released the study on immigrant family income this week. "We think of Alberta and Saskatchewan as a place for internal migration, but now the West is drawing immigrants as well." graphic Immigrants often settle where family members live, but are also drawn by economic opportunities. The oil and natural-gas booms in Alberta and Saskatchewan have led to huge labour demands and a rise in wages as business owners struggle to fill jobs. In 2005, the average annual income for an immigrant family in Calgary was $102,118, which is $33,000 more than in Montreal, $22,000 more than in Vancouver and $12,000 more than in Toronto, according to the census data analyzed in Mr. Jedwab's paper. The average income was $92,932 in Regina and $91,356 in Saskatoon. Between 2001 and 2005, Saskatchewan moved from the bottom three provinces to the top three in terms of average income for immigrant families, behind Alberta and Ontario. The wage differential between non-immigrant families in Toronto - who earned on average $139,926 a year - and those born elsewhere was 55 per cent. In contrast, the gap narrows to 33 per cent in Calgary, where non-immigrant families earn on average $136,380, and 19 per cent in Edmonton. In Regina and Saskatoon, non-immigrant families actually earn 1 per cent less on average than their immigrant counterparts. The income gap reflects social mobility. "People are asking the question, 'How am I doing as an individual, and how am I doing compared to others?' " Mr. Jedwab said. For his study on family incomes, all foreign-born Canadians were considered immigrants. But more recent cohorts of arrivals show a similar trend. Their wages are substantially lower than for the overall immigrant population; however, they still fare much better economically in the West, as well as in some smaller Ontario cities such as Oshawa and Ottawa, than in Toronto, Vancouver and Montreal. For example, the average annual income for an immigrant family who settled in Calgary between 2001 and 2005 was $69,148. The only city where they earned more money was Sudbury, while in Toronto, the average annual family income was $57,239; in Vancouver $53,028; and in Montreal $45,435. Ottawa's goal has always been to disperse immigrants more evenly across the country and avoid concentrating too many new arrivals in Montreal, Toronto and Vancouver. In 2007, cities outside the "MTV" received nearly one in three of Canada's total 236,000 newcomers. This trend is healthy, said Myer Siemiatycki, a Ryerson University professor of immigration and settlement studies, although he noted that Toronto, Montreal and Vancouver still receive the lion's share of immigrants and Montreal has actually increased its share. Well-educated newcomers may be faring better in smaller cities such as Regina because there is less competition for high-paying jobs. "Saskatchewan traditionally had problems attracting high-end talent," Prof. Siemiatycki noted. As well, the economy is not as robust and dynamic in Toronto and Montreal as it has been in Alberta and, more recently, in Saskatchewan. Ratna Omidvar, executive director of the Maytree Foundation, a charity that aims to reduce poverty and inequality in Canada, said Toronto is still a huge draw, as are surrounding cities such as Brampton and Mississauga. "For sure, there are fewer immigrants coming to Toronto, but they are going to the outlying suburbs comprising the city region," she said.
  25. La venue à Fort McMurray de l'investisseur et du mécène n'est pas passée inaperçue. L'exploitation des ressources et le développement régional étaient au menu de la visite. Pour en lire plus...