News and stories about business related info and developments.
Business
Calgary's Energy Reach Extends North Calgary-headquartered Canadian Resource Roadways (CRR) announced on November 17, 2025, a definitive agreement to acquire 53 kilometres of critical roadway infrastructure, including Seal Lake Road and East Chip Road, from Islander Oil & Gas Inc. This vital network, situated east of Peace River
Business
Beyond Shopping: Market Mall Embraces Experiential Retail CF Market Mall, a key retail anchor in Calgary's affluent northwest, is transforming the holiday season with its "Winter Warm-Up" event, running from November 20 to December 21. This initiative by Cadillac Fairview, a property manager with $27 billion
Business
Calgary's Energy Pulse: Surge Energy Confirms Dividend Calgary-based Surge Energy Inc. (TSX: SGY) has announced a cash dividend of $0.043333 per share for November 2025 production. Scheduled for payment on December 15, 2025, to shareholders of record on November 30, 2025, this eligible dividend is more than
Business
Enbridge's Major Investment: A Win for Alberta Energy Calgary-headquartered Enbridge Inc. announced a final investment decision on November 14, 2025, for its Mainline Optimization Phase 1 (MLO1) project. This US$1.4 billion expansion is set to significantly bolster Canada's energy egress, delivering substantial benefits to
Business
Strategic Alliance Bolsters Western Canada's Commercial Sector A significant strategic partnership, announced on November 17, 2025, between Edmonton-based Prairie Commercial Mortgage Corp. (Prairie CMC) and Calgary’s own Essex Lease Financial Corp. is set to substantially increase market share across Western Canada. This collaboration is poised to profoundly
Business
Grounded Lithium Corp. Updates on Q3 Performance Calgary-based Grounded Lithium Corp. (GLC), a key player in the burgeoning critical minerals sector, announced its financial and operating results for the three and nine-month periods ended September 30, 2025, on November 12, 2025. Trading on the TSX Venture Exchange (GRD) and OTCQB
Business
New Canna Cabana Lands in Calgary's Southwest High Tide Inc. (Nasdaq: HITI, TSXV: HITI) officially opened a new Canna Cabana location at 2525 Bridlecrest Way SW on November 13, 2025. This significant expansion for the cannabis retail giant brings its total Canna Cabana store count to 215 across
Business
Leadership Shift at Local Resource Firm Calgary-based Kaymus Resources Inc. (TSXV: KYS.H) announced a significant change to its Board of Directors on November 14, 2025. The company, a fixture in Alberta's vital resource sector, confirmed the immediate resignation of Donald Poruchny from its board. Kaymus Resources extends
Business
Calgary’s own Little Brown Jug Brass (LBJB) released "Christmas in New Orleans" today, November 14, 2025, marking the debut track from their forthcoming album, "Holiday Spirits." This dynamic brass band is set to infuse Alberta's winter season with the festive energy of New
Business
Calgary-based Enbridge Inc. is making a substantial investment in its Mainline Optimization Phase 1 project, a USD 1.4 billion initiative designed to significantly enhance its pipeline network to the U.S. Midwest and Gulf Coast. This strategic expansion aims to boost Canadian heavy oil capacity by 150,000 barrels
Business
Calgary-headquartered Canadian Pacific Kansas City (CPKC) has reached a tentative five-year collective agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET). Announced today, November 13, 2025, this crucial deal impacts approximately 300 locomotive engineers working across Illinois, Indiana, Minnesota, North Dakota, and Wisconsin. CPKC President and CEO Keith Creel
Business
Calgary-based SECURE Waste Infrastructure Corp. has successfully finalized a $300 million financing deal, securing its position in the region's vital waste management and energy infrastructure sectors. Certified on November 13, 2025, the funding comes through an issuance of senior unsecured notes, underwritten by a consortium led by BMO
