Business & Economy

Corporate tax cuts help Alberta oilsands producers report boost in Q2 net incomes

The Alberta government's move to cut corporate taxes from 12 to eight per cent has added more than $2 billion to second-quarter net incomes of major oilsands producers Suncor Energy Inc., Husky Energy...

Jul 25, 2019

Natural gas industry says corporate failures and job losses possible without help

CALGARY - The CEOs of nine Alberta natural gas producers have released an open letter to Premier Jason Kenney asking him to show ``bold leadership'' in supporting a plan to restrict production to boos...

Jul 17, 2019 CHATNEWSTODAY

County seeking public consultation on proposed projects

Cypress County, AB - Cypress County has been approached about building two different multi-million dollar projects and is looking for public consultation. They are hoping to determine the level of sup...

Jul 16, 2019

Council approves sale of old arena

MEDICINE HAT, AB -- Medicine Hats old arena has officially been sold to NewRock Developments Inc. City Council approved the sale agreement Monday night, which involves the city paying out $1.5 million...

Jul 15, 2019 Courtesy: Colton Mckee

Hut 8 receives $100,000 reduction on land lease rate

MEDICINE HAT, AB -- Bitcoin company Hut 8 is receiving a drastic reduction to the cost of their land lease.City council approved the reduction during their meeting Monday. The company has been leasing...

Jul 15, 2019 Hut 8 facility on July 20, 2018. Courtesy: Scott Roblin

Company possibly operating under new name while under investigation

Medicine Hat, AB - The owner of The HVAC Guys Inc., a defunct furnace installation company under investigation by the city, may be operating under a different name and possibly without a business lice...

Jul 10, 2019