New LNG technology developed at University of Calgary touted as greener, cheaper

New LNG technology developed at University of Calgary touted as greener, cheaper
CALGARY — University of Calgary researchers focused on nanotechnology say they have developed a cheaper and more environmentally friendly way to create liquefied natural gas. Associate professor Nassar Nashaat and student Arash Ostovar say the Split Flow Integrated LNG process they developed and patented uses specialized materials and chemistry to remove carbon dioxide and other impurities from the natural gas stream without having to cool and then warm the gas as... Read More

How to tame addiction to subscriptions that can be a hidden drain on finances

How to tame addiction to subscriptions that can be a hidden drain on finances
TORONTO — When it comes to spending, it’s often easy to overlook the small, routine expenses because they happen without requiring much thought. “We often say that people can nickel and dime themselves to death,” says Laurie Campbell, CEO of Credit Canada. “Because it’s those small expenses that eat away at your budget.” Although there have always been many opportunities... Read More

New federal Arctic policy focusses on human health, environment, infrastructure

New federal Arctic policy focusses on human health, environment, infrastructure
The federal government has released its long-awaited policy on developing the Canadian Arctic. The lengthy document, released by the department of Crown-Indigenous Relations, proposes eight priorities, with health, infrastructure and economic development at the top. The policy is a departure from the tone of the previous Conservative government under Stephen Harper, which emphasized security concerns and threats to Canada’s Arctic... Read More

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Energy conference Investment firm Peters and Co. Ltd. holds its annual energy conference in Toronto. The meetings, which will hear from some of the big names in the country’s energy sector, starts Tuesday and runs until Thursday. Housing starts Canada Mortgage and Housing Corp. will release... Read More

US hiring slow but steady amid trade war and global weakness

US hiring slow but steady amid trade war and global weakness
WASHINGTON — U.S. employers added a modest 130,000 jobs in August, a sign that hiring has slowed but remains durable in the face of global economic weakness and President Donald Trump’s trade war with China. The unemployment rate remained 3.7% for a third straight month, the Labor Department said Friday , near the lowest level in five decades. And more... Read More

Canada sees gains in part-time, youth employment as wage growth slows

Canada sees gains in part-time, youth employment as wage growth slows
OTTAWA — Canada’s economy posted a job surge last month of 81,100 net new positions, the bulk of which were part time, in the services sector and picked up by young people. Statistics Canada said in a report Friday that even with the increase the August unemployment rate stayed at 5.7 per cent as more people looked for work. The jobless rate remained near its four-decade low.... Read More

Giving teens a credit card early may teach financial lessons early

Giving teens a credit card early may teach financial lessons early
TORONTO — For teens finishing off their last years of high school, some financial experts say parents may want to consider an unlikely tool to prepare them for the adult world: a credit card. Giving teens access to credit, with guidance, may be a way to teach them how to handle it before they leave home for post-secondary schooling, and are bombarded... Read More

Big spender: Alberta panel says savings to be found in health, education changes

Big spender: Alberta panel says savings to be found in health, education changes
CALGARY — A panel looking into Alberta’s finances says the province habitually overspends on the services it delivers. The panel, chaired by former Saskatchewan finance minister Janice MacKinnon, says Alberta’s annual expenditures would be $10.4 billion less if the province were to spend the same per person as do British Columbia, Ontario and Quebec. The report, ordered by Premier Jason Kenney,... Read More

Alphabet and Teachers’ to launch infrastructure investment company

Alphabet and Teachers’ to launch infrastructure investment company
TORONTO — Google affiliates Alphabet Inc. and Sidewalk Labs are partnering with the Ontario Teachers’ Pension Plan to launch a new company that invests in infrastructure. Sidewalk Labs CEO Dan Doctoroff says the new company, to be called Sidewalk Infrastructure, will give cities an opportunity to deploy more advanced, next-generation infrastructure. The infrastructure could include technology-enabled systems for stormwater management, neighbourhood-scale heating and... Read More

Agriculture could add $11B a year to Canada’s GDP by 2030, report finds

Agriculture could add $11B a year to Canada’s GDP by 2030, report finds
Canada’s agriculture industry could generate an additional $11 billion for the country’s gross domestic product annually by 2030 if the government invests in people and technology, according to a new report. “The demand for food is growing significantly and it’s going to be massive in the 2020s,” said John Stackhouse, senior vice president at RBC and contributor to the report. By 2030, there will be... Read More