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Business & Economy

ENERGY
Alberta electricity rule changes may add $100M to Medicine Hat solar park project, firm says
An energy consulting firm says recent changes to Alberta's electricity market regulations could cost the City of Medicine Hat an extra $100 million if it builds a proposed solar project due to a provincial fee targeting electricity congestion.The city is currently in the process of applying to purchase the rights to a ...
9h ago
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DEVELOPING
Facebook, Instagram and other Meta apps experience outage
Facebook, Instagram and other Meta-owned social media platforms experienced widespread outages on Wednesday, the company said.DownDetector, a website where users can report issues, shows a spike for several of Meta's platforms, including Messenger, WhatsApp and Threads as well.For example, Instagram outage reports jump...
Dec 11, 2024
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ECONOMY
How U.S. tariffs could affect Canada's agriculture industry and consumer prices
As Donald Trump's inauguration looms, Canada's agriculture industry is waiting with bated breath to see whether the sweeping tariffs he's threatened will come to pass. If they do, producers would have to plug the gaps left by restricted access to the country's largest trading partner and consumers could be left paying ...
Dec 10, 2024
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ENERGY
Medicine Hat grant winners to improve electricity grid distribution, use AI to reduce use
A pair of companies revealed as winners of Medicine Hat's Energy Innovation Challenge on Monday will help improve electricity grid distribution and utilize artificial intelligence to reduce use, the city said.The program, carried out in partnership with Decentralized Energy Canada, aims to help small and medium-sized b...
Dec 02, 2024
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Business & Economy

AGRICULTURE
High Alberta cattle prices related to drought years and economic pressures, industry expert says
Cattle prices have shot up in Medicine Hat and across Alberta during November because of previous drought conditions and recent economic pressure, a Medicine Hat Feeding Company executive said Wednesday. "The last couple of years, the ranchers have had to drop numbers pretty significantly with the drought conditio...
Nov 27, 2024
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BUSINESS
U.S. tariffs on Canadian products would have regional impact, Medicine Hat officials say
Officials in Medicine Hat say any U.S. tariffs on Canadian products would have a significant impact on regional industries.Selena McLean-Moore, manager director of the city's economic development agency, said in a recent interview that her team has an important role as a facilitator for impacted industries."We hav...
Nov 26, 2024
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CITY HALL
Medicine Hat should spin off energy business into arms-length corporation, auditors say
Independent auditors are recommending the City of Medicine Hat spin the majority of its energy business off into an arms-length corporation that would still ultimately be controlled by the city and continue its goal of producing profits for taxpayers, council heard Monday night as a highly-anticipated report was presen...
Nov 26, 2024
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ECONOMY
Trump vows 25% U.S. tariff on products from Canada, Mexico
U.S. president-elect Donald Trump said Monday he'll sign an executive order imposing a 25 per cent tariff on all products coming into the United States from Canada and Mexico, with potentially seismic effects for Canadian industries. Trump said the tariffs would remain in place until the two countries clamp down on dru...
Nov 26, 2024
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Western Canadian Grain Farmers
Prairie crop hail claim payouts reach $230 million
Member companies of the Canadian Crop Hail Insurance Association (CCHA) paid out $230 million to Western Canadian grain farmers.With coverage in place, damaging storms resulted in nearly 11,000 claims this year.CCHA president Scott McQueen said with strong crop pricing to start the year and high input costs, producers ...
Nov 22, 2024
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WHAT'S ON
'Midnight Madness' featuring Medicine Hat businesses on Friday
An annual event aimed at boosting local businesses is taking place on Friday.-The Southeast Alberta Chamber of Commerce's Midnight Madness will feature live entertainment, giveaways, retail sales and specials, food and beverage offerings, a petting zoo and more.A full list of businesses with special offers is available...
Nov 21, 2024
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AGRICULTURE
'Connections is a main focus': Producers gather in Medicine Hat for agriculture conference
Hundreds of beef and crop producers heard from speakers, checked out vendors and networked at an agriculture-themed conference Wednesday in Medicine Hat.Cypress County's annual Ag Connections Conference, now in its second year, is about building bridges, organizer Beth Cash said. "Connections is a main focus for u...
Nov 21, 2024
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ECONOMY
Canada's inflation rate ticks back up to two per cent in October, StatCan says
Canada's inflation rate rose to two per cent last month, up from 1.6 per cent in September, as gasoline prices exerted less downward pressure on annual price growth. The report from Statistics Canada on Tuesday says prices in October increased at a faster annual pace in five out of the eight major components of the con...
Nov 19, 2024
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BUSINESS
'Where's the beef?': Wendy's across western Canada to be supplied by Brooks' own JBS
JBS Foods Canada invested $90 million into its meat processing plant located in Brooks, Alta., in July of this year.The Alberta government has since provided a $10.7 million tax credit towards the expansion of the new processing line at the plant.---All of this expansion wasn't for nothing, as the plant in Brooks is no...
Nov 18, 2024
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LABOUR
Medicine Hat postal workers say they aren't being heard
An official with Medicine Hat's local Canadian Union of Postal Workers division said Friday that employees of the national Crown corporation aren't being heard as labour disruptions began. "We've come to them with some service expansion ideas, and we're getting nowhere," said Karen Hellawell, president of Loc...
Nov 15, 2024
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FACT CHECK
Tim Hortons on 13th Avenue SE is not closing, official says
A Tim Hortons location in Medicine Hat's south end is not closing. Rumours grew online that the 13th Avenue Southeast establishment was permanently shutting its doors. An official with EIWM Holdings confirmed to CHAT News on Wednesday that it will remain open.
Nov 13, 2024
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ONE ON ONE
Noon Interview: Jace Anderson - Nov. 12
Jace Anderson, executive director of Tourism Medicine Hat, joined anchor Dan Reynish on CHAT News at Noon on Tuesday.
Nov 12, 2024
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BUSINESS
Medicine Hat Lodge continues operations amid financial difficulties
A receivership order for the Medicine Hat Lodge has come into effect as of Oct. 24 of this year but the establishment has continued operating. Ernst & Young Inc. has been designated as the receiver of the current and future assets of the property.Mayfield Investments Ltd., owner of the Lodge, was not able to fulfil...
Nov 07, 2024
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ENERGY
Medicine Hat ratepayer's group requests 'intervenor status' in city's solar farm buy
The Medicine Hat Utilities Ratepayer Association has applied to receive formal "intervenor status" in the city's application to purchase the rights to a solar field project, with the group calling for transparency and public consultation.If the utility ratepayer advocacy group, known as MHURA, is approved as ...
Nov 07, 2024
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BUSINESS
Redcliff firm receives $4.3M from federal investment in aerospace and aviation
A Redcliff aerospace firm will receive $2.6 million from the federal government to develop, demonstrate and commercialize an electric UAV that it has already started building.It's the largest portion of a $4.3-million investment into Alberta's aerospace and aviation industry revealed Monday by Calgary-area MP George Ch...
Nov 04, 2024
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ENERGY
Pathways seeking bids for part of its proposed carbon capture network: Imperial
The Pathways Alliance group of oilsands companies has issued a request for proposals to pipe manufacturers for the massive carbon capture and storage network it wants to build in northern Alberta.The CEO of Imperial Oil Ltd., one of the six oilsands majors behind the proposed $16.5-billion project, provided the update ...
Nov 01, 2024
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ENERGY
Medicine Hat gas rate lower than a year ago, electricity holds steady
The cost of natural gas in Medicine Hat is 40 per cent lower than a year ago and residential electricity continues to bounce off the lowest allowed price in the city's November utility rates released Friday.The default rate for natural gas, as is tradition, has jumped amid colder weather to $1.864 per gigajoule, up fro...
Nov 01, 2024
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IN THE COMMUNITY
Culinary festival promoting locally-sourced food expands beyond Medicine Hat
An annual festival to encourage sourcing food locally has expanded beyond the borders of Medicine Hat to include participants from across southern Alberta for its 11th year. -Savour the Southeast aims to celebrate local restaurants, cafes, breweries, products and producers that will each offer at least one locally-sour...
Nov 01, 2024
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BUSINESS
Looming Canada Post labour disruption could impact Medicine Hat businesses
A looming labour disruption for Canada Post could have an impact on Medicine Hat businesses - at least for those that still use the service.Canada Post and its union have been negotiating a new contract since November 2023 and, without some agreement at the bargaining table, job action could launch as early as Sunday.T...
Oct 31, 2024
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ENERGY
Medicine Hat director says solar project is a 'no regret' strategic investment
Medicine Hat's managing director of energy, land and environment Rochelle Pancoast says the Saamis Solar project is an example of a "no regret" strategic investment the city can build at a reasonable pace if it acquires the rights to purchase it.Pancoast during a council budget meeting Wednesday reiterated th...
Oct 31, 2024
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energy
Helium company launches new project near Medicine Hat
A U.S.-based company focused on exploring, developing and producing untapped energy assets says it has successfully launched a new helium project near Medicine Hat. Weil Group Resources revealed this week it has kicked off its new modular helium purification facility, an innovation the group said represents the latest ...
Oct 30, 2024
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ECONOMY
Medicine Hat College instructor expects more rate cuts by Bank of Canada
A Medicine Hat College business instructor says the Bank of Canada's Wednesday rate cut is due to a weaker economy.-The Bank of Canada made an interest rate cut of a half a percentage point to bring it's rate to 3.75 per cent.This is the fourth cut to it's key lending rate since June, with the previous cuts being a qua...
Oct 24, 2024
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Medicine Hat's Women in Business Expo happening Saturday
The third annual Women in Business Expo, a market event that aims to highlight Medicine Hat's women-led businesses, will feature over 60 vendors across a diverse set of genres, organizers say. Real estate, financial services, homegrown goods, medical services, fashion, interior design, skincare, trades and other catego...
Oct 24, 2024
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Banks lower prime rates to 5.95% after Bank of Canada move
Canadian financial institutions say they are lowering their prime lending rates to match the decrease announced by the Bank of Canada. The central bank lowered its key interest rate by half a percentage point Wednesday to 3.75 per cent. All of the Big Six banks including RBC, TD, BMO, Scotiabank, CIBC and National Bank...
Oct 23, 2024
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