A phenomenon known as “jingle mail,” where home-owners faced with mortgages they cannot pay mail their keys back to the bank, may be taking place in Alberta’s slumping economy, concerning the Canadian federal government. The name of the game is “strategic default” — where those who have recently bought houses but have not paid for […]

A Repsol fracking operation was ordered to shut down this week after an earthquake shook the region around Fox Creek, Alberta. The earthquake measured 4.8 on the Richter scale — large enough to rattle pictures handing on walls, according to Fox Creek mayor Jim Ahn, who reported that he thought a truck had rolled by his […]

A Canadian company is now selling bottled air to China, and supplies are selling out. Vitality Air, and Edmonton-based company, is bottling air from Banff and Lake Louise, world-famous Canadian vacation destinations. The hand-bottled air is then shipped around the world. For around $13 per bottle, Chinese are buying stocks out. “We shipped a sample […]

Alberta’s Premier said this week that she was not sure the provincial government would raise the minimum wage to $15 after all, citing the state of the Alberta economy and the possibility that raising the minimum wage might lead to job losses. The NDP came to power in May, the first non-Conservative party to govern […]

Alberta will begin to phase out it’s cheapest energy source at the cost of an extra $320 per household in 2017 and $500 per household in 2018, setting its sights on 30 percent renewable energy by 2030. The plan was announced by the provinces first non-Conservative party in 44 years. Premier Rachel Notley of Canada’s New […]