Tag Archives: Business & Economy
Job growth continues in Canada in February; Medicine Hat's unemployment rate down dramatically from year ago
OTTAWA - The national statistics office says Canada's unemployment rate nudged up a tenth of a percentage point to 5.6 per cent as the economy added 30,300 net new jobs in February. Statistics Canada ...
Mar 06, 2020 The Canadian Press
MHC training students to deal with Alberta's orphan well backlog
MEDICNE HAT, AB - With more than 3,400 orphaned wells in Alberta placed within the Orphan Well Association's portfolio due to bankruptcies with no shortage of others being held by private corporations...
Mar 05, 2020 One of a number of wells left orphaned by LGX Oil + Gas in southeastern Alberta. (CHAT News photo)
Bank of Canada cuts key rate to 1.25 per cent amid coronavirus concerns
OTTAWA - The Bank of Canada is cutting its key interest rate target by half of a percentage point, dropping it to 1.25 per cent in response to the economic shock from the novel coronavirus outbreak. T...
Mar 04, 2020 Canadian Press image
Kenney says frustrating coronavirus stifling oil and gas economy
EDMONTON - Alberta's premier says it's frustrating to see his government doing everything it can to grow the economy only to watch global oil prices fall due to reduced demand tied to the no...
Mar 02, 2020
Veteran city business leader named as managing director of Invest Medicine Hat
MEDICINE HAT, AB - A former head of the Medicine Hat and District Chamber of Commerce has been named as Managing Director of the newly created Invest Medicine Hat department at city hall.Jason Melhoff...
Feb 26, 2020
Teck withdraws application for Frontier mine, citing discourse over climate change
VANCOUVER - Teck Resources Ltd. says it's withdrawing its application for a massive oilsands mining project just days ahead of an expected government decision, citing the political discourse over clim...
Feb 23, 2020
Manitoba chiefs' organization announce blockades will be going up as PQ blockade comes down
WINNIPEG - First Nations leaders in southern Manitoba are planning blockades next month at four border and provincial boundary crossings.The Southern Chiefs Organization says the blockades will last t...
Feb 23, 2020
American counterfeit cash being passed in city
MEDICINE HAT, AB - City police are warning the public and merchants to be on the lookout for counterfeit American $20 bills.Police say the funny money has been passed at a number local businesses with...
Feb 23, 2020 A sample of some of the phony US $20 bills being passed in the city all with a serial number ending with 2814 B. (Photo courtesy of MHPS).
Wet'suwet'en hereditary chiefs arrive in Kahnawake, Que.
KAHNAWAKE, Que. - Traditional chiefs of the Wet'suwet'en First Nation have arrived in Kahnawake, Que., as they continue their tour of Mohawk communities in eastern Canada where rail blockades in solid...
Feb 22, 2020
Auto insurance rates climb in Alberta following lifing of rate cap
MEDICINE HAT, AB - Auto insurance rates are on the increase in Alberta with Statistics Canada's latest inflation numbers showing a nearly 18 per cent rise in the cost to cover a passenger vehicle.But ...
Feb 20, 2020 Jackie Doell, owner of Medicine Hat's A-WIN Insurance, talks about the increases in auto insurance rates. (CHAT News photo)