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Calgary & Alberta Economy

Surrealplaces said:
I suspect there won't be a ton of white collar jobs being moved to the refinery. Most likely some operational mgmt jobs, while a handful of executives stay here and the rest go away altogether.
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It's not just in Calgary either, they're doing aggressive outsourcing to India and consolidating management in Europe and NA to a few central hubs.

With context of the layoff and essentially exiting Calgary, this donation was so odd. https://www.sait.ca/news/media-releases/2025/09/imperial-energy-innovation-centre-opens
 
Mountain Man said:
Shitty for all the white collar employees who are going to have their office moved to a refinery in Edmonton! lol
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Surrealplaces said:
I suspect there won't be a ton of white collar jobs being moved to the refinery. Most likely some operational mgmt jobs, while a handful of executives stay here and the rest go away altogether.
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From what I’ve heard about 30 jobs will be moved to the refinery, and about 2 dozen will stay in Calgary. Of the 900 jobs they mentioned about 700 are in Calgary and will be phased out over a two year period. What isn’t mentioned in the article is that a number of jobs that are transitioning from permanent to contractor positions and will be work from home. Basically the headcount of permanent jobs goes down, but the number of actual jobs doesn’t go down as much.
 
Interesting. This isn't the first time Imperial/Esso has done this. I remember back in the the early 2000's reading articles about Esso laying off 1000 people. Esso was one of my clients back then, and basically they were laid off, but many came back to work as a contractor. Some of the people were there for quite a while after the 'layoff. In this case they're doing a major downscale, and shedding a large office space.

I get why the do it though. Contractor headcount isn't the same as permanent employee headcount.
 
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Surrealplaces said:
Interesting. This isn't the first time Imperial/Esso has done this. I remember back in the late 90's possibly the early 2000's reading articles about Esso laying off 1000 people. Esso was one of my clients back then, and basically they were laid off, but came back to work as a contractor. Some of the people were there for quite a while after the 'layoff.

I get why the do it though. Contractor headcount isn't the same as permanent employee headcount.
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Ya plus can bring back on at a lower salary and no benefits. Especially if it's advertised as temp with possible extensions
 
This is something large companies do. Announce some layoffs so that it makes it into the newspapers and investors and shareholders can see it) meanwhile behind the scenes they hire people back as contractors or part-time.
 
Chowda7 said:
ca.finance.yahoo.com

Alberta plans to support proposal for new oil pipeline, Globe and Mail reports

The plan is to draft an application along with an early estimate to submit to the federal government's new Major Projects Office, the report said, adding that a final route has not yet been decided. Enbridge, South Bow and Trans Mountain will work with the government and the Alberta Machine...
ca.finance.yahoo.com ca.finance.yahoo.com
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Got some names to name. Guess we'll see how long it takes to actually get some kind of proposal in front of the office for approval.
 
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I have a feeling this one is pure politics by Smith. The route is currently not allowed by Federal law, so this is her trying to get Carney to commit to removing C-69 (there was another that went with this one, but can't remember it), if he doesn't then she can vilify him and keep pushing her separatist narrative.
 
ca.finance.yahoo.com

Exclusive-Shell-led LNG Canada prepares to start Train 2

HOUSTON/Calgary (Reuters) -Shell-led LNG Canada has begun the process of starting up its second 6.5 million tonnes per annum (mtpa) liquefied natural gas processing unit known as Train 2 in Kitimat, British Columbia, a company spokesperson told Reuters on Thursday. LNG Canada is the first major...
ca.finance.yahoo.com ca.finance.yahoo.com
 
thelogic.co

Meta, Pembina near deal to build massive Alberta AI data centre - The Logic

thelogic.co thelogic.co

Article is paywalled, but essentially Meta is finalizing a 1800 MW data centre in partnership with Pembina and Beacon AI to be built in Fort Sask. For context, they're currently building a 5000 MW facility in Louisiana an a 1000 MW facility in Ohio, and it's about 8% of Alberta's total grid capacity of 23,000 MW.

"Two sources said the Alberta government’s recent decision to place a two per cent levy on data centres caused an uproar among some developers, including Meta. The province has since promised to revise the policy."

This last line was a surprise, didn't see any public mention they are reversing the policy? I think the primary business case for data centres in Alberta is similar to Trans Mountain for oil in that it enables new uses of our resources, thus raising prices for the rest of our gas supplies?
 
trtcttc said:
I think the primary business case for data centres in Alberta is similar to Trans Mountain for oil in that it enables new uses of our resources, thus raising prices for the rest of our gas supplies?
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This is the only thing to get minorly excited about. Outside of construction, once built, these employ very few people and suck up energy resources that could go to the grid. Let's see how we fare in this winter's coming deep freeze, population and thus load has been growing while I haven't seen much capacity added, can the grid handle it?
 
CalgaryTiger said:
This is the only thing to get minorly excited about. Outside of construction, once built, these employ very few people and suck up energy resources that could go to the grid. Let's see how we fare in this winter's coming deep freeze, population and thus load has been growing while I haven't seen much capacity added, can the grid handle it?
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Should mention the article says Pembina and Kineticor have a JV to build a gas power station for this data center, so there will be supply to match the additional demand.

I used to think similar but then someone mentioned it's the use of the resources. Gas in the ground is worthless, but gas extracted and consumed generate economic activity. If we were using BC hydro power, this gets a lot less attractive. But by consuming the gas, it's generating revenue for Alberta companies and by extension government revenues.

We had some reliability issues a couple years ago because of maintenance and lack of slack in the system. With coal being phased out and Cascade wasn't online yet. With Cascade up and running, I doubt we're going to have reliability issues this winter. I think population growth at these rates aren't placing that much strain on the system. it's the same with people thinking EVs will require a crazy amount of new power infrastructure, when in reality the demand is highly visible but not that significant in the grand scheme of things.

1759522473397.png
 
CalgaryTiger said:
This is the only thing to get minorly excited about. Outside of construction, once built, these employ very few people and suck up energy resources that could go to the grid. Let's see how we fare in this winter's coming deep freeze, population and thus load has been growing while I haven't seen much capacity added, can the grid handle it?
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Dispatchable generation grew substantially last year with the addition of Cascade, Genessee Repower and Suncor Base plant
 
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