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Issue: Volume 15, Issue 2

Featuring 20 Questions with Randy Frost, President/CEO of Solara Fund Inc and Solara Club Inc

issue: Volume 15, Issue 2

Box Springs Business Park Booming

Box Springs Business Park Booming

Start with that big, beautiful, red Costco sign. It’s just one among dozens of compelling reasons to set up shop in Medicine Hat’s Box Springs Business Park, ideally situated just off Highway 1, on the city’s rapidly growing north side.

Since opening its doors in 2007, Costco has served as the ideal anchor tenant for the thriving park, which sits adjacent to the town of Redcliff, although remaining within the Medicine Hat city limits.

“We think Costco is the ultimate anchor tenant... Keep Reading

issue: Volume 15, Issue 2

Randy Frost, President/CEO of Solara Fund Inc and Solara Club Inc

Randy Frost, President/CEO of Solara Fund Inc and Solara Club Inc

Randy Frost has always admired the achievements of Canada’s technology industry leaders. Now, through his latest entrepreneurial venture, he is working with some of the country’s most promising tech companies, presenting compelling investment opportunities to his network of investors.

With a view of one of the country’s high-tech hubs in Edmonton, Frost founded Solara Club Inc. with the goal of providing young, innovative technology companies with a platform for raising capital, while... Keep Reading

issue: Volume 15, Issue 2

Presenting the Top 11 cheesiest characters in the business world

Presenting the Top 11 cheesiest characters in the business world

Working in the marketing/advertising realm, I run into a lot of cheesy folks.

You know, the kind of guys (gender stereotyping is warranted here as women tend to be far less cheesy) who have all the slick lines but rarely the substance to back them up.

Cheesy business people come in all shapes and sizes and are everywhere you go. In board rooms, coffee shops, restaurants, stores…some of you might even have caught a glimpse of one in the mirror this morning.

To help you better... Keep Reading

issue: Volume 15, Issue 2

Vancouver has sold its soul to real estate

A common complaint of new arrivals to British Columbia is the cost of Vancouver housing. Buying a rudimentary single-family home is approaching $1.5 million.

The sky-high pricing is becoming normalized in a funny way, with young couples approaching both sets of parents for down-payment cash, and eagerly signing up basement-suite renters before offers have been accepted.

Well here’s a wake-up call:

Vancouver isn’t an alpha city like London, Paris or New York. In fact, many long-term... Keep Reading

issue: Volume 15, Issue 2

Professor Madison gives us lesson on data journalism

The unprecedented and titillating leak of data from Ashley Madison’s corporate servers produced the expected first reaction. Everybody who could get access to the file (it was not difficult) looked up their spouse, their ex, their boss, probably even their kids’ schoolteachers.

Most people agree that, nasty as their cheating business was, it was legal. So Ashley Madison (AM) was the victim of a crime when their data was exfiltrated (a fancy word for stolen) from their computers. This is... Keep Reading

issue: Volume 15, Issue 2

Quality of job candidates slipping among small businesses

New Statistics Canada data confirm job vacancies remain stubbornly high despite persistent unemployment levels. The Canadian Federation of Independent Business (CFIB) released a report that indicates what is on the minds of small business owners when they look to hire.

The results show that overall small businesses love their current workforce but struggle to find new candidates of the same quality and work ethic.

Sixty-five per cent of small business owners surveyed said employees are... Keep Reading

issue: Volume 15, Issue 2

Conference Board outlook predicts 0.5% contraction for Calgary in 2015

Following growth of 5.1 per cent last year, Calgary’s economy is expected to contract by 0.5 per cent in 2015 due to the dramatic drop in energy prices, according to The Conference Board of Canada’s Metropolitan Outlook: Autumn 2015.

“Oil-sector woes are rippling across all sectors of Calgary’s economy,” said Alan Arcand, associate director, Centre for Municipal Studies, at the Conference Board. “Construction and oil and gas extraction output will fall, while manufacturing and... Keep Reading

issue: Volume 15, Issue 2

National job vacancy rate drops in Q2

National job vacancy rate drops in Q2

Approximately 325,200 job openings remain unfilled across the country, according to the latest report by the Canadian Federation of Independent Business (CFIB).

Nationwide openings in full-time, part-time and temporary positions sit at 2.6 per cent, down a 10th of a percentage point from the previous quarter.

“Vacancy rates have held fairly steady since the end of 2014,” said Ted Mallet, CFIB. “Weaker labour markets in Saskatchewan and Alberta have seen their vacancy rates drop back... Keep Reading

issue: Volume 15, Issue 2

Drive your business or it will drive you – three ways to be more proactive than reactive

It’s heartbreaking to watch the once action-oriented, built-from-scratch business owners who have grown their companies to the point of getting so busy that they have forgotten how to be assertive and proactive. Their marketing success and sales volume have paid off in the form of massive stress, brought on by constantly reacting to issues, fixing problems and simply just ‘keeping up.’

Not all adopt this identity of servant to the business. However, many continue with the builder... Keep Reading

issue: Volume 15, Issue 2

Wendy Ellen Inc: 10 years of first-rate HR services

She describes her organization as a “grassroots” HR firm because Wendy Giuffre sincerely believes that the success of any enterprise begins and ends with its people. During 28 years as a human resources professional, she has seen it demonstrated time and again. And she walks the talk on a daily basis as the senior decision maker for Wendy Ellen Inc., currently celebrating 10 years of successful operations in Calgary.

“There is no question that your talented and loyal staff members are... Keep Reading

issue: Volume 15, Issue 2

Pipelines safest way to ship oil

Pipelines safest way to ship oil

The recent rupture of a Nexen oilsands pipeline southeast of Fort McMurray has stoked concerns about the safety of oil and gas pipelines.

Pipelines are a critical piece of Canada’s energy infrastructure, moving more than 2.4 billion barrels of oil and gas in 2013 alone.

A recent study from the Fraser Institute focused on the number of occurrences or accidents per million barrels of oil and gas transported. Results showed that pipelines are the safest way to transport oil and gas.

Fewer... Keep Reading

issue: Volume 15, Issue 2

Failure to prepare for worst is recipe to achieve just that

Failure to prepare for worst is recipe to achieve just  that

It was perfect. You recognized an opportunity, formulated a plan, built a team, remained focused on the objectives, and executed with a level of precision that would make even the most storied military leaders blush with envy. So where did it all go wrong?

In 2015, this question has become a daily topic in offices and boardrooms across this country as companies hang on during the roller-coaster ride that our national economy has become. Regardless of which sector your company is in, the... Keep Reading