News and stories about business related info and developments.
Business
Calgary-based CES Energy Solutions Corp. reported record financial results for the third quarter of 2025, underscoring a period of significant growth for the local energy services provider. The company announced revenues of $623.2 million and an adjusted EBITDAC of $103.3 million, achieving a robust 16.6% margin on
Business
YW Calgary is celebrating 115 years of empowering women in the city, marking the milestone with the launch of an updated history book, "Creating Cornerstones and Transforming Lives," at the historic Lougheed House. This latest edition highlights the organization’s significant achievements over the past 15 years, including
Business
Unifor, Canada's largest private sector union, is demanding that WestJet immediately cease outsourcing Calgary call centre jobs to El Salvador. This move directly impacts approximately 800 local workers, a concern Unifor National President Lana Payne states undermines Canadian employment during an uncertain economic period. Over the past year,
Business
Calgary’s dynamic business environment, while offering considerable opportunities, presents a significant challenge for the city’s professionals: persistent stress and anxiety. Many Calgarians find themselves struggling with these pressures, often discovering that even diligently maintained healthy routines only address surface symptoms rather than the root causes of their discomfort.
Business
Calgary-based MNP has achieved global recognition, named a finalist for the 2025 Low-Code Application Development Microsoft Partner of the Year Award. This places the firm among the top three partners worldwide, showcasing its exceptional use of Microsoft technology to deliver innovative solutions. MNP's commitment to leveraging low-code technology
Business
Logan Energy Corp., a Calgary-based firm, announced record-breaking production for the third quarter of 2025, reaching 15,046 barrels of oil equivalent per day (BOE/d). This represents a substantial 51% increase compared to the same period in 2024. The impressive operational performance translated into strong financial results, with adjusted
Business
Northstar Clean Technologies Inc. has secured a five-year contract with the City of Calgary, set to begin in April 2026, to reprocess waste asphalt shingles. This agreement coincides with the city's renewed Shingles Recycling Program, a move aimed at significantly advancing waste diversion by transforming discarded materials into
Business
The federal government, in collaboration with the City of Calgary and other partners, has announced an $83 million investment to transform an existing office building at 800 6 Avenue Southwest into 204 affordable homes. This significant initiative is a key component of Canada's broader strategy under Budget 2025
Business
Calgary-based InPlay Oil Corp. has delivered a stronger-than-expected third quarter for 2025, leading the company to upgrade its annual production guidance. The new target of 16,900-17,100 barrels of oil equivalent per day (boe/d) represents a 4% increase from previous estimates, largely driven by enhanced production from its
Business
Calgary-based Renoworks Software Inc. has announced strong financial performance for the third quarter of 2025, driven by a strategic shift toward recurring revenue streams. The company saw its total revenue rise 15% year-over-year to $6 million. This growth was significantly bolstered by a 36% increase in licensing and hosting revenue.
Business
Calgary-based CanAsia Energy Corp. (TSXV: CEC) recently revealed its 2025 third-quarter financial and operational results, highlighting a strategic expansion push into Thailand. The company, as part of a consortium, has submitted a bid for a 30% stake in an onshore exploration block within Thailand's 25th licensing round, with
Business
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
