TransCanada net profit reaches $734 million in Q1

The company said comparable earnings for first quarter 2018 were $870 million compared to $698 million or $0.81 per share for the same period in 2017

TransCanada net profit reaches $734 million in Q1TransCanada Corporation reported net income attributable to common shares for first quarter 2018 of $734 million or $0.83 per share compared to net income of $643 million or $0.74 per share for the same period in 2017. The company, in releasing its quarterly financial results on Friday, said comparable earnings for first quarter 2018 were $870 million…

Singing the praises of creativity at Calgary’s ONWARD Summit

Acclaimed musician Raine Maida will be speaking next week in Calgary about the importance and value of harnessing creativity

Singing the praises of creativity at Calgary’s ONWARD SummitAcclaimed musician Raine Maida, founding member and lead singer of the multi-platinum rock band Our Lady Peace, will be speaking next week in Calgary about the importance and value of harnessing creativity as the city embarks on a new economic journey following two years of a recession in 2015 and 2016. Maida will be a…

Imperial Oil earns $516 million in Q1

That's an increase of $183 million compared with the net income of $333 million in the same period of 2017

Imperial Oil earns $516 million in Q1Estimated net income in the first quarter of 2018 was $516 million for Imperial Oil, the company announced Friday when releasing its quarterly financial results. The net income was an increase of $183 million compared with the net income of $333 million in the same period of 2017. The prior year's results included a $151 million gain on the sale of…

Calgary housing market vulnerability ‘moderate’

CMHC assessment says there’s ‘high evidence of overbuilding’

Calgary housing market vulnerability ‘moderate’Canada Mortgage and Housing Corp.'s latest Housing Market Assessment describes the degree of Calgary's housing market vulnerability as “moderate.” “The HMA framework detected a moderate degree of vulnerability in Calgary’s housing market, due to the high evidence of overbuilding,” said the report which was released on Thursday. “The number of completed and unsold units per…