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TransCanada plans to start construction of Keystone XL pipeline in 2019

TransCanada plans to start construction of Keystone XL pipeline in 2019

The developer of the Keystone XL oil pipeline plans to start construction next year, after a U.S. State Department review ordered by a federal judge concluded that major environmental damage from a leak is unlikely and could quickly be mitigated, a company spokesman said Monday. TransCanada spokesman Matthew John said the company remains committed to…

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4,000 construction workers in Edmonton’s core ‘light in a sea of gloom’ for economy - Edmonton

4,000 construction workers in Edmonton’s core ‘light in a sea of gloom’ for economy – Edmonton

EDMONTON – Every day, approximately 4,000 construction workers do their jobs, eat their lunches and spend their time in the heart of Edmonton. Not only are these workers building infrastructure – hotels, office buildings, and condos – they’re also key players in keeping the city’s economy afloat in more difficult times. “This is a consumer…

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ATB Financial says Alberta to see recession this year

ATB Financial says Alberta to see recession this year

CALGARY – ATB Financial is forecasting that Alberta’s economy will contract in 2015 — a more pessimistic view than in early July when the regional financial services group said the province would likely avoid a recession this year. “After five consecutive years of exceptionally strong growth, it now appears certain that Alberta’s economy will contract…

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