News and stories about business related info and developments.
Business
People are talking about Northstar's move to turn old shingles into new roads. Could this be Calgary's next big green leap? Cleaner air and less landfill waste sound pretty great, right?
Business
People are talking about High Tide Inc. stepping onto the global stage from our own backyard. It’s a local win with big implications for our economy and community. But as they grow, how do we balance progress with local concerns?
Business
People are talking about new laws in Calgary that protect your investments from online scams. Calgarians are saying it's a game-changer for financial confidence.
City News
The Gist Calgary's own Tamarack Valley Energy (TSX: TVE), a familiar name in the local energy landscape with operations spanning the Western Canadian Sedimentary Basin, has just introduced a strategic corporate defence. On December 10, 2025, their Board of Directors officially adopted a Shareholder Rights Plan, a sophisticated
Business
Record Penalty for Environmental Lapses The Canada Energy Regulator (CER) announced on December 10, 2025, a significant $196,000 Administrative Monetary Penalty (AMP) against Trans Mountain. This, the largest cumulative AMP ever issued by the CER, was paid without review. It stems from four separate violations between January 28-31, 2024,
Business
Calgary Innovation Targets Critical Gaps Calgary-based Syantra Inc., a leader in biotechnology, is making significant strides in breast cancer detection. Its Onco-ID™ Breast, a pioneering whole blood mRNA test for high-risk women, is now entering crucial clinical studies with recruitment launched by Vincere Cancer Center in Scottsdale, Arizona. This multi-center
Business
Strategic Financial Maneuver for Resiliency Calgary-headquartered Vermilion Energy Inc. (TSX: VET) (NYSE: VET) announced on December 8, 2025, the sale of 30,000,000 common shares of Coelacanth Energy Inc. for $22,800,000. This privately negotiated transaction reduced Vermilion's stake in Coelacanth from approximately 20.7% to
Business
A Steady Hand for Shareholders Calgary-headquartered Enbridge Inc. has announced a 3% increase in its quarterly dividend for 2026, marking an impressive 31st consecutive year of increases. Shareholders will receive $0.9700 per common share, payable on March 1, 2026, to those on record by February 17, 2026. This consistent
Business
Investing in a Cleaner Future Calgary-based cleantech leader Carbonova announced the closing of an oversubscribed C$5.1 million equity financing round on December 3, 2025, from strategic and private investors. This significant investment is a cornerstone of Carbonova's larger C$13.6 million Commercial Demonstration project in
Business
A Landmark Dividend Announcement Calgary-based energy giant Enbridge Inc. (TSX: ENB, NYSE: ENB) has announced a 3% increase in its quarterly common share dividend for 2026, setting the payout at $0.9700 per share. This declaration, made by the Board of Directors on December 2, 2025, marks a remarkable 31st
Business
High Tide's Strategic Expansion in Calgary High Tide Inc., a prominent retail-forward cannabis enterprise led by Founder and CEO Raj Grover, is set to open a new Canna Cabana location at 7248 Ogden Road SE in Calgary. Publicly traded on the Nasdaq (HITI) and TSX Venture Exchange (HITI)
Business
Strategic Move for Shareholder Value Calgary-based Stampede Drilling Inc. (TSXV: SDI) has received approval from the TSX Venture Exchange to renew its Normal Course Issuer Bid (NCIB), a strategic move aimed at enhancing shareholder value amidst a dynamic energy market. Announced via PR Newswire on December 3, 2025, the renewed