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Alberta lost 37,000 full-time jobs in June, youth unemployment rate spikes to highest in Canada

Article content Although overall youth employment increased in Canada last month by 7.1 per cent, unemployment for young people in Alberta rose by 7,100 in June bringing the number of them looking for work across the province to 59,100, according to the latest Labour Force Survey released by Statistics Canada Friday morning. We apologize, but this video has failed to load. Try refreshing your browser, or Alberta lost 37,000 full-time jobs in June, youth unemployment rate spikes to highest in Canada Back to video June’s job numbers reflect the province’s second stage of reopening under the COVID-19 ‘open for summer’ plan. That has eased a significant number of restrictions and allowed the opening and expansion of many amenities such as recreation centres, casinos and movie theatres.

Government of Alberta takes 50 per cent stake in Sturgeon Refinery for $825 million - Medicine Hat NewsMedicine Hat News

Government of Alberta takes 50 per cent stake in Sturgeon Refinery for $825 million Business Related Yes CALGARY – The Alberta government is taking 50 per cent ownership of the controversial Sturgeon Refinery by paying $825 million to reduce tolling costs at the facility northeast of Edmonton. The province has signed a restructuring deal that also extends the length of Alberta’s processing contract with the refinery by 10 years, to 2058. The deal means less taxpayer risk in the long-term and it won’t cost the province any more than it was already obligated to pay as a toll payer, the province said Monday. The government-owned Alberta Petroleum Marketing Commission has a contract to provide bitumen to the refinery.

Government of Alberta takes 50 per cent stake in Sturgeon Refinery for $825 million | iNFOnews

July 05, 2021 - 3:40 PM CALGARY - The Alberta government is taking 50 per cent ownership of the controversial Sturgeon Refinery by paying $825 million to reduce tolling costs at the facility northeast of Edmonton. The province has signed a restructuring deal that also extends the length of Alberta s processing contract with the refinery by 10 years, to 2058. The deal means less taxpayer risk in the long-term and it won’t cost the province any more than it was already obligated to pay as a toll payer, the province said Monday. The government-owned Alberta Petroleum Marketing Commission has a contract to provide bitumen to the refinery.

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