Edmonton Companies News & Discussion

[David A]

There seems to be a lot percolating on the start up and smaller level now which is good, but we eventually need something bigger and successful to really make a viable hub in the long run.

Something that will actually stay here and support the development of other companies over years or even decades. Not something that gets sold off to some large US company after it becomes successful and eventually just become a shell of itself here.

 

[IanO]

 

[Gronk!]

Stantec snaps up engineering firm Morrison Hershfield as expansion plans gather steam - BNN Bloomberg

Stantec Inc. has snapped up engineering firm Morrison Hershfield, the latest in a string of acquisitions and broader growth that have boosted the company's presence in Canada and across the globe — as well as its stock.

www.bnnbloomberg.ca

 

[Airboy]

Wow that is gutting the local Engineering firms. I know a few people that left to go over to MH and are now back in the fold and will not be happy. Hell I know how I felt that morning when we were told we were assimilated.

 

[Airboy]

Yes this did shake up the engineering world. Lots of people I know that left Stantec are concerned about who is next.

 

[MacLac]

Rexall pharmacy chain put up for sale as American owner rethinks Canadian footprint, sources say

McKesson, a distribution giant in the pharmaceutical industry, struggled with Rexall’s profit margins early in its ownership despite making a major splash with its $2.9-billion acquisition in 2016

www.theglobeandmail.com

I guess Katz was smart for selling when he did

 

[IanO]

Comment la Vieille Capitale est devenue un tigre économique

Un capital social solide et un leadership politique avisé ont permis à Québec d’afficher la plus forte croissance économique de toutes les grandes régions métropolitaines au pays

policyoptions.irpp.org

 

[MacLac]

Ques? Croissants per capita? Lol

 

[occidentalcapital]

Comment la Vieille Capitale est devenue un tigre économique

Un capital social solide et un leadership politique avisé ont permis à Québec d’afficher la plus forte croissance économique de toutes les grandes régions métropolitaines au pays

policyoptions.irpp.org

Truly odd numbers there. You wonder where they come from when none of the other sources provide similar numbers.

 

[IanO]

GDP growth (%) for canadian cities 2001-2019

Will pull Statscan later.

 

[channing76]

I would say alot of the GDP growth is not in the city but in the region.

 

[JNO1]

Capital Power and Ontario Power Generation announce a partnership to study the building of Small Modular Reactors in Alberta.
Capital Power SMR announcement

 

[occidentalcapital]

GDP growth (%) for canadian cities 2001-2019

Will pull Statscan later.

Statscan doesn't measure GDP at a Metropolitan or city level that I know of. The posted image must be some kind of proprietary measurement that frankly looks skewed.

 

[Glenco]

Also the oil prices plummeted in the the middle of this time period so hardly surprising

 

[EdmTrekker]

I would say alot of the GDP growth is not in the city but in the region.

Did you translate and read the article? This is what actually happened: “Jean-Paul L'Allier finally helped convince Quebec to engage in a municipal merger program of which the city would be the main beneficiary. Its consolidation with the rich suburbs since 2002 has considerably strengthened the tax base of the new enlarged city.“.

I think the article is very interesting - and we have a lot to learn from the strategy that has taken place in Québec for Quebec City.