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Canadian Utilities Limited to Raise $175 Million Through Preferred Share Issue

Calgary-based Canadian Utilities Limited has announced a significant financial undertaking, entering an agreement with a syndicate of underwriters to issue 7 million 5.60% Cumulative Redeemable Second Preferred Shares Series JJ at $25 each. This offering is expected to raise $175 million, with the potential to reach $201.25 million

Rev Engineering Expands in Calgary to Address Infrastructure Demand

Rev Engineering has consolidated its North American operations in Calgary, establishing a new 90,000-square-foot facility. This strategic move aims to meet the escalating demand for data center and critical power systems across the continent, complementing the company’s existing 35,000-square-foot operation in Arlington, Texas. By centralizing design, fabrication,

Calgary's Housing Market: Daily Shifts and Yearly Growth

Calgary's housing market is buzzing with activity, showing consistent annual growth while navigating daily shifts. Property values continue their upward trend year-to-date, though recent daily figures indicate some mild fluctuations. Yesterday, November 11, Calgary saw 32 home sales, a dip from the 56 recorded on Sunday. New listings

International Arrivals to Canada Drop for Ninth Month

Canada has recorded a ninth consecutive month of year-over-year declines in international arrivals, with 4.6 million visitors—including returning Canadian residents and non-residents—in October. This figure represents a 12.6 per cent decrease from the previous year, according to Statistics Canada. This national downturn resonates in Calgary, a

CFL's Bold Rule Changes Ignite Debate on Canadian Football's Future

As the Canadian Football League looks beyond the 2025 Grey Cup in Winnipeg, significant changes are on the horizon, aimed at revitalizing the sport for a modern audience. The league plans to implement substantial tweaks to field dimensions and rules over the next two seasons, seeking to balance the game’

Calgary Set for Political Showdown: Poilievre and Smith Brace for Leadership Challenges

Calgary is bracing for a politically charged period as federal and provincial dynamics converge on the city. Pierre Poilievre, Leader of the Official Opposition and Conservative Party of Canada, is set to face a mandatory leadership review at a pivotal national convention in Calgary from January 29 to 31, 2026.