Currents: Western Canada gears up to export propane

After years of struggling to secure access to tidewater for its products, the Canadian oil and gas industry see hope in the conditional approve of a liquefied natural gas (LNG) project for northern British Columbia. The federal government granted approval, with 190 conditions, in September for an $11.4-billion terminal to export LNG from northern B.C.

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Currents: Surging EI numbers show oil price pain deepening

The numbers released today by Statistics Canada show the number of people receiving benefits from the Employment Insurance (EI) program in Alberta increased to 63,770. That’s a 91% increase since January 2015 and the largest number of beneficiaries since the Great Recession in 2009. This shows the depth of job losses the province has seen

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Currents: Gas price break eases pain of food price hikes

The pain of rising food prices is in part being offset by a long-awaited break at the gas pump. The consumer price index for fresh vegetables increased 10.9% over the 12 months ending November 2015. During the same period, the price index for gasoline decreased by 10.6%. Consumers this month are seeing the effects of

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Currents: Job scene in the West a tale of two extremes

The employment prospects across the West varied widely in 2015, with British Columbia enjoying the greatest gains and Alberta suffering the biggest losses. B.C.’s stellar year saw a 51,600 job gain, or 2.3%. The 55 years of age and over group gained the most jobs over the year. Part-time job growth is also on the

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Economic Snapshot