CALGARY – It’s the not-so-secret reality of the Calgary Stampede every year.
Mix a party atmosphere with flowing alcohol and you have a recipe for debauchery and questionable behaviour that can destroy relationships.
Karen Stewart sees its every year with her Fairways Divorce Solutions business in Calgary, which was launched in 2006 and is a mediation alternative dispute resolution company that offers couples an opportunity to go through a process to bring a resolution to their divorce.
CALGARY — When Warren Connell decided to take the reins at the Calgary Stampede two years ago, the world was a very different place.
“When I applied for this job, oil was at $105 a barrel and the same government in the province had been in place for 44 years,” said Connell.
“So I undertook a pretty big change when I took over.”
As CEO of the Stampede, Connell has had to steer one of Canada’s largest festivals through one of the worst economic downturns Calgary has ever experienced.
CALGARY — Water-weary Calgarians are putting their mops and flood gear aside to show visitors what they do best — throw one heck of a party.
Thousands of people have lined what just two weeks ago were the submerged streets of the city’s downtown to watch the colourful, noisy parade that kicks off the Calgary Stampede.
Marching bands, floats and lots and lots of horses are winding their way along the parade route under a sunny sky — Stampede officials say it has never rained during a parade.
CALGARY — One of the biggest events on the Calgary Stampede’s party circuit won’t be going ahead this year.
Investment dealer FirstEnergy Capital says that, for the first time in two decades, it won’t be hosting its annual FirstRowdy bash this July.
In past years, the party has been headlined by big-name acts like the Barenaked Ladies.
In a letter to clients, CEO John Chambers and chairman Jim Davidson say the decision to cancel was a tough one.
LONDON — Prime Minister Justin Trudeau has used an interview with an influential BBC current affairs show in London to issue his most pungent retort yet to his Canadian detractors.
Trudeau, 43, endured more than two years of Conservative party attack ads declaring him “just not ready” before sweeping prime minister Stephen Harper from power in last month’s federal election.
CALGARY – The collapse in oil prices has hit Pengrowth Energy Corp. with almost $1 billion in non-cash charges, pushing it deep into the red in the fourth quarter.
Calgary-based Pengrowth posted Thursday an adjusted net loss of $854 million in the fourth quarter of 2014, compared with an adjusted net loss of $37 million in the same quarter the year before. On a net basis, the loss was $506 million, compared with a loss of $91 million a year earlier.
ByAlbert Alfonso:The recent decline in shares Pengrowth Energy (PGH) seems to be a clear buying opportunity. The stock is down as of late, thanks to a technical breakdown. However, fundamentals remain strong. Among the reasons to own Pengrowth are its robust dividend yield of 6.50%, upcoming Lindbergh production growth, and large discount to NAV.
Why has Pengrowth declined?
ByAlbert Alfonso:Pengrowth Energy (PGH) has to be the most frustrating stock I own. During most of 2012, Pengrowth was trading in lockstep with the price of natural gas and oil. However, this is no longer the case. Since mid-September, Pengrowth has see it share price steadily decline, from about $7.00 to its current price at under $4.00. Pengrowth currently offers a monthly dividend of $0.04 per share.
ByAlbert Alfonso:Pengrowth Energy Corporation (PGH) is a Canadian energy company primarily located in western Canada. Pengrowth was previously a Canadian Royalty Trust with a historically high monthly dividend. In 2011 Pengrowth converted its corporate structure from an energy trust to a corporation.Below is the company description provided by Reuters: