Calgary & Alberta Economy

[darwink]

I still think you have a great success spreading out the events to Edmonton and/or Red Deer.

Having Red Deer certainly makes it easier. HSR would make the games easy peasy. renovating Red Deer for short track (with an international sized ice surface) would also likely be way more acceptable than renovating the NHL arenas.

 

[trtcttc]

The university spends a lot of money, but can't reallocate the funds it spends like a government can. The university is also starved for funds, with a 30% cut in provincial funding since the UCP took office iirc.

In agreement we should spend more on our post secondaries, and making it attractive to talent. I don't see why the University would ever want to spend on the Oval, it's not really used by them and if they had a bucket of funds, renovating Active Living would make a lot more sense. Definitely needs to be a transfer or some sort of agreement in place.

 

[trtcttc]

Not Calgary specific, but glad to see Canadian founders pushed for this.

"After hearing feedback from Canadian founders in our network, we’ve decided to add Canada back to our list of accepted countries of incorporation."

https://www.bloomberg.com/news/articles/2026-02-05/y-combinator-reverses-decision-to-stop-investing-in-canada-firms?srnd=homepage-americas

Adding Canada Back to Our List of Accepted Countries of Incorporation | Y Combinator

After hearing feedback from Canadian founders in our network, we are adding Canada back to our list of accepted countries of incorporation.

www.ycombinator.com

 

[Chowda7]

https://www.westernwheel.ca/agriupdate/port-of-westlock-ready-for-landmark-deal-11860185

 

[Chowda7]

https://www.cbc.ca/news/canada/calgary/calgary-trade-us-international-markets-tariffs-9.6973608

 

[Garceyues]

Not Calgary specific, but glad to see Canadian founders pushed for this.

"After hearing feedback from Canadian founders in our network, we’ve decided to add Canada back to our list of accepted countries of incorporation."

https://www.bloomberg.com/news/articles/2026-02-05/y-combinator-reverses-decision-to-stop-investing-in-canada-firms?srnd=homepage-americas

Adding Canada Back to Our List of Accepted Countries of Incorporation | Y Combinator

After hearing feedback from Canadian founders in our network, we are adding Canada back to our list of accepted countries of incorporation.

www.ycombinator.com

Good news for sure.

Also not Calgary specific, but its sad how many founders and startups we lose to the US because of their deeper capital markets and more robust VC environment.

This Gen Z pair built a $34M startup in Canada, only to move to U.S.

Mai Trinh is highlighting how difficult it is for Gen Z entrepreneurs to build and scale tech startups in Canada, and why many ultimately move south of the border.

www.bnnbloomberg.ca

 

[trtcttc]

Enbridge says it’s not willing to take on development risk of Alberta pipeline project

CEO Greg Ebel says his company has enough other opportunities

www.theglobeandmail.com

ENB is out on the pipeline. The reasoning is a bit more nuanced though. They're fine to build and own the thing, but unwilling to invest development money when the project can be cancelled with a "stroke of the pen" like with Northern Gateway. And they have existing projects where they can deploy their capital without as much risk.

 

[Chowda7]

https://www.biv.com/news/economy-law-politics/dominic-leblanc-to-lead-large-trade-mission-to-mexico-next-week-11879919

 

[Chowda7]

Canada’s energy future, pipeline deadlines take centre stage at Tim Hodgson’s Calgary address

Canada’s energy minister urged faster nation-building projects in a Calgary address Friday, while defending a federal-provincial pact with Alberta that could significantly reshape the province’s energy sector.

www.ctvnews.ca