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Scott Saxberg 2.0: A Calgary oil king transitions to green energy

Crescent Point co-founder s current game plan is to build another oilpatch darling with a little help from the Prairie sun ....

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Rapid testing could help fight the third wave, but slow-moving bureaucracy has delayed rollout

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OTTAWA More than a year after the COVID-19 pandemic first hit Canada, most of the country is now plunging back into sweeping lockdowns, curfews and stay-at-home orders all while rapid testing at essential workplaces remains the exception instead of the norm.
With longterm care homes now under control due to vaccinations, workplace outbreaks are arguably the single biggest problem Canada faces. But while there are some bright spots when it comes to rapid testing, the rollout of this crucial tool remains painfully slow and bogged down by unnecessary regulations.
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Alberta Innovates puts out call to bring more technology, business accelerators to the province

Alberta Innovates puts out call to bring more technology, business accelerators to the province
Alberta Innovates, the crown corporation for the Government of Alberta that promotes innovation in the province, has issued a request for proposals (RFP) for the development of new business and technology accelerators in the region.
“Our goal is to make Alberta a hub for high-growth entrepreneurial businesses.”
The organization announced the RFP Wednesday, noting it is seeking three or more technology or business accelerators to help address the scale-up gap experienced in the province and to generally support Alberta startups and small-and-medium-sized enterprises (SMEs).
“While we need many more startups at the start of the funnel, we also need to ensure we are scaling up those businesses and helping them achieve growth,” said Doug Schweitzer, Alberta’s minister of jobs, economy and innovation. “By increasing the number of successful scale- ....

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Air Canada Reports 2020 Annual Results

Total revenues declined 70 per cent due to COVID-19 and travel restrictions
MONTREAL, Feb. 12, 2021 /CNW/ - Total revenues of $5.833 billion in 2020 declined $13.298 billion or 70 per cent from 2019. The airline reported 2020 negative EBITDA
(1) (excluding special items) or (earnings before interest, taxes, depreciation and amortization) of $2.043 billion compared to 2019 EBITDA of $3.636 billion. Air Canada reported an operating loss of $3.776 billion in 2020 compared to operating income of $1.650 billion in 2019. Unrestricted liquidity amounted to $8.013 billion at December 31, 2020.
With today s release of 2020 fourth quarter and full year results, we close the book on the bleakest year in the history of commercial aviation, after having reported several years of record results and record growth at Air Canada. The catastrophic impact of COVID-19 and government-imposed travel restrictions and quarantines has been felt across our entire network, deeply affecti ....

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Update 188: COVID-19 pandemic in Alberta (Feb. 11, 4 p.m.)

Plan to enjoy the long weekend safely. Observe gathering restrictions and follow all other public health guidelines to protect others and the health-care system. ....

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