Engineering and design giant Stantec has signed a letter of intent to acquire Edmonton-based Architecture Tkalcic Bengert (Arch|TB), a 60-person design studio, Stantec said Wednesday in a news release.
I've heard today that Stantec has laid off 25% of their staff this morning and has hired security to clear out Stantec tower. I do not know if they let go only 25% of the Edmonton division or the whole company . Stantec has 22,000 employees world wide.
Haha time for some insider trading? Let's just make sure the share purchase value is above $30. Also having Stantec private would really ensure it's long term viability however, in Edmonton? that we do not know.
Some good news for our airport (not flight related though) and for the metro economy. High potential for some big growth from this company. Here is the announcement from EIA. EIA announcement
And here is the link to the Plant Plus website. Plant Plus
Here's a video of Bioware for one of their game that just came out yesterday. The video helps promote the city a bit with the Walterdale bridge and park around it.
Another video from Improbable that came out a few months ago (again, somewhat promoting our city. I wish it wasn't winter though):
I really hope the city embraces our gaming industry because I feel like our city isn't doing enough to attract more companies/talent or marketing themselves. The general tech ecosystem is growing everywhere around the world but I feel our city isn't putting much effort into it. Yes, there will be a new innovation identity being formed by the city but I still feel like it's not enough. I think the city should put out incentives ($$) like how Calgary does to attract these tech companies. AB government isn't really helping much either but Edmonton needs to be more aggressive like Calgary.