News and stories about business related info and developments.
Business
Calgary’s media landscape is seeing another significant shift. The Shaw family, a name synonymous with telecommunications in our city, is stepping back from its controlling interest in Corus Entertainment. This marks a new chapter for a family whose influence has shaped Western Canadian media for decades. As of November
Business
Big changes are sweeping through Calgary’s energy sector. Just last week, Sunoco LP finalized its US$9.1 billion acquisition of Calgary-based Parkland Corporation on October 31, 2025. This massive deal, including assumed debt, marks a significant shift for the local company. While Parkland had already seen internal restructuring
Business
Calgary’s own Topaz Energy is hitting all the right notes, kicking off Q4 with stellar Q3 2025 results announced on November 3, 2025. This local energy player, a familiar name in Calgary’s vibrant energy landscape, reported a robust cash flow of $74.8 million, marking a 7% increase
Business
Calgary’s energy scene is buzzing with strategic moves, and homegrown Stampede Drilling is leading the charge. In a savvy deal on November 3, 2025, the company offloaded parts of its A/C triple drilling rig for a remarkable $5.29 million. This isn't just about the bottom
Business
Calgary-based InPlay Oil Corp. is set to deliver a boost to its shareholders, announcing a monthly cash dividend of $0.09 per common share. This consistent return to investors arrives amidst a dynamic period for Calgary's energy sector, where shareholder value remains a key focus. The dividend, declared
Business
Heads up, Calgary! A major decision for our city’s pivotal energy sector is on the horizon as MEG Energy pushes its crucial shareholder meeting to next Thursday, November 6, 2025, at 9 a.m. Calgary Time. The gathering, which will shape MEG’s proposed deal with Cenovus Energy, can
Business
Calgary, AB – Frontera Energy Corporation is set to unveil its third-quarter 2025 results on November 13, 2025, after markets close. This announcement comes at a pivotal time for Calgary’s energy sector, which is navigating a complex landscape of evolving environmental policies and a push for energy transition alongside traditional
Business
The Bank of Canada has once again delivered, cutting its target interest rate to 2.25% on October 29, 2025. This move is big news for Calgarians, especially those keeping a close eye on their mortgages and savings amidst our city's dynamic real estate market and evolving economic
Business
Calgary's business community is giving a resounding "YES!" to the federal government's new blueprint to bolster Canadian businesses. Unveiled on September 8, 2025, just days after Prime Minister Mark Carney’s initial announcement on September 5, 2025, this plan is set to tackle the
Business
Calgary-based Artrari One Capital Corp. has announced the closing of a debt settlement, issuing over half a million common shares to resolve outstanding liabilities. The move, officially announced on October 30, 2025, sees the company settle an aggregate of $10,383.20 in debt by issuing 519,160 common shares
Business
Calgary welcomes a new era at City Hall as Jeromy Farkas was sworn in as Mayor on October 29, 2025, alongside 14 newly elected Councillors. The Calgary Chamber of Commerce extends its congratulations, noting this pivotal moment carries significant weight for our city’s pulse, especially for the robust business
City News
Calgary's tech landscape just got a significant boost. The city is doubling down on its reputation as a burgeoning innovation hub with a $1 million investment from the Opportunity Calgary Investment Fund (OCIF) into the Xpand Commercialization Hub. Announced on October 23, 2025, this funding is set to
