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Medicine Hat News in Medicine Hat, Alberta

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 13, 2015

Page

9

Pacific NorthWest LNG Signals Move Forward in BC

The Petronas led Pacific NorthWest LNG backs a $36 billion plan to develop shale gas in northeastern British Columbia, export by tanker, and begin construction by late 2015 pending government approvals. Industry experts call the decision a hopeful sign for Canada’s LNG sector despite community concerns near Skeena River.

Calgary British Columbia Pacific NorthWest B.C Ottawa Michael Culbert

Canadians’ debt ratio edges lower in Q1 amid volatility

Statistics Canada reports the household debt to disposable income ratio fell to 163.3 percent in Q1 from 163.6 percent, signaling a tiny improvement. Personal income rose 0.9 percent while debt growth slowed to 0.7 percent, with economists noting the change is not a trend and that high debt remains a key risk for Canada’s economy.

Ottawa Bank of Canada TD Bank Leslie Preston Canada Statistics Canada BMO Benjamin Reitzes Reitzel

Oil patch downturn forces career changes in Calgary job market

As roughly 2,000 attend the Global Energy Career Expo in Calgary, recruiters say one in four companies are hiring versus last year. With 25,000 oil and gas layoffs since September, candidates like Rashad Bayramov weigh shifts to mining or other sectors while noting employer doubts about commitment and the lure of long term relocation.

Calgary Rashad Bayramov Bayramov Tarang Jain University of Alberta Brenda Cullum-Shergold Bowen Recruitment Agency Thad Callum-Shergold Jim Fearon Central Canada Hays Edmonton Fearon Jain

Greek debt talks push markets lower worldwide

Global markets fell as renewed fears of a Greek default surfaced after the IMF walked out of debt talks. The S&P/TSX dropped 89.73 points while the Dow, Nasdaq, and S&P 500 also declined. Oil and gold slipped as Greece seeks new proposals amid stalled negotiations.

Toronto Hoone U.S New York Mercantile Exchange New York International Monetary Fund Greece IME Athens Europe Germany DAX France Britain Ninh Chung SVB Asset Management Chung Associated Press U.S. Labor Department Statistics Canada U.S. Federal Reserve Canada

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