Week of Jul 29 – Aug 02, 2019
- Economic Development Lethbridge has received a $1.68M federal grant aimed at removing barriers and providing mentorship to the next generation of women becoming professionals in the sciences, technology, engineering and mathematics
- The City of Medicine Hat has formally applied to double the size of the northwest power plant, according to the Alberta Utility Commission. The project is estimated to be worth $45M.
- PBS Systems is building a new office building in the Shepard Station commercial park that will be the consolidated headquarters for the company. Construction is currently underway with completion expected by December 2020.
- A new report from accounting firm Ernst & Young LLP estimates that investments in the Heartland region support 31,570 full-time equivalent jobs and produce $5.2B in gross domestic product and output nationally
- Elemental Energy Renewables Inc. has applied to construct the 26.5 Mw Brooks Solar II Power plant adjacent to the existing Brooks Solar project. Elemental’s plan is to begin construction in the summer of 2020 and enter production by that winter.
- Shield Industries Ltd has opened a new manufacturing facility in Hythe. The location will be focused on oilfield equipment fabrication such as storage tanks, low pressure vessels, pressure piping and structural steel.
- Vermilion Energy Inc. is planning to drill 73 wells in Saskatchewan and six wells in Alberta during the second half of 2019. In addition, several plant turnarounds are scheduled for completion in Alberta during the third quarter of 2019.
- The JW Marriott Hotel and Residences in the Ice District in downtown Edmonton has officially opened
- Razor Energy is currently building a geothermal energy project in the Swan Hills area near Slave Lake. Razor has received $7M from the federal and provincial governments to fund the approximately $15 to $20M project.
- The City of Calgary has voted to ratify an agreement for a new $550M arena that will be home to the Calgary Flames for the next 35 years. The Flames and the city will each contribute $275M towards the cost, with construction scheduled to start in 2021.