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Alberta talking to other provinces about ending time change

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From The Province of Alberta

Alberta ‘springs forward’ on March 8

Minister of Service Alberta Nate Glubish issued the following statement on daylight saving time:

“With daylight saving time officially arriving at 2 a.m. on Sunday, March 8, Albertans are advised to set their clocks to ‘spring forward’ by one hour before going to bed Saturday night.

“As many are aware, government invited Albertans to participate in a survey last year about daylight saving time. Of the 141,000 Albertans who responded, 91 per cent told us they would prefer to stay on summer hours year-round, rather than continue to change their clocks twice a year.

“With a decision about time zones, we must consider what our partners from other jurisdictions are doing and avoid taking actions that would leave Alberta out of sync with our neighbours. As part of that process, we are continuing to have conversations with key organizations and members of the business community.

“We know more and more governments are contemplating this move to permanent summer hours, including British Columbia, which has passed legislation to enable the province to move to one permanent time, and Yukon, who will be changing their clocks for the last time this Sunday.

We are also actively reaching out to our partners in Eastern Canada to discuss the option of moving together in unison. We will update Albertans when decisions are made.”

 

After 15 years as a TV reporter with Global and CBC and as news director of RDTV in Red Deer, Duane set out on his own 2008 as a visual storyteller. During this period, he became fascinated with a burgeoning online world and how it could better serve local communities. This fascination led to Todayville, launched in 2016.

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Alberta

Aurora Cannabis to raise $33.8M in share offering, plans to repay convertible debt

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EDMONTON — Shares of Aurora Cannabis Inc. were down more than 10 per cent after the cannabis company announced plans to raise $33.8 million in a share offering.

The company says Canaccord Genuity has agreed to buy, on a bought deal basis, 46,250,000 shares of the company at a price of 73 cents per share.

It has also granted Canaccord Genuity an over-allotment option for up to an additional 6,937,500 shares on the same terms. If the over-allotment option is exercised in full, the offering will total $38.8 million.

Aurora says it plans to use the money raised to repay the remainder of its outstanding convertible senior notes at or prior to maturity.

The company says the remainder, if any, will be used for strategic purposes, including potential acquisitions.

Aurora’s stock price was down 13 per cent at 79 cents per share in early trading on the Toronto Stock Exchange.

This report by The Canadian Press was first published Sept. 28, 2023.

Companies in this story: (TSX:ACB)

The Canadian Press

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Alberta

Running Reins Ranch in Red Deer County picks up $250,000 grant from province

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Running Reins Ranch partners with members of the local Indigenous community to set-up teepee accommodations and host regular cultural programming for guests.

Tourism investment fuels growth in rural Alberta

Alberta’s government continues to support regional tourism opportunities across the province, generating jobs and new tourism destinations for locals and visitors alike.  

Ahead of World Tourism Day 2023, Minister of Tourism and Sport Joseph Schow visited Running Reins Ranch to see first-hand how tourism investment grants are making a difference in the lives of Albertans.

“Alberta’s government is proud to invest in growing visitor destinations like Running Reins Ranch that celebrate the richness and diversity of Alberta’s rural destinations and provide a sustainable tourism experience for visitors to enjoy.”

Joseph Schow, Minister of Tourism and Sport

As part of the Tourism Investment Program, Running Reins Ranch received a $250,000 grant from Travel Alberta.

“Our investment will support the building of additional unique accommodations at the ranch that will triple their capacity, emphasize their year-round offerings and create five new full-time jobs. This investment in Running Reins Ranch is a perfect example of how Travel Alberta is driving tourism growth in rural communities across the province.”

Jon Mamela, chief commercial officer, Travel Alberta

Running Reins is located east of Innisfail, offering cabin and teepee accommodations and a wide range of outdoor activities for visitors looking to combine the beauty of the Prairies with farm experiences for a one-of-a-kind getaway.

Right to Left: Minister of Tourism and Sport Joseph Schow, Owners of Running Reins Ranch Terry and Janice Scott, and team member Grace Finlan.

“This funding is a game-changer for us and our business. We are excited to bring our vision to life and provide visitors with unforgettable experiences while supporting the economic growth of the surrounding community.”

Janice and Terry Scott, owners, Running Reins Ranch

Tourism is Alberta’s No. 1 service export sector. In 2019, Alberta welcomed 34.6 million visitors, generating $10.1 billion in expenditures and supporting more than 80,000 full-time jobs. The Tourism Investment Program is Travel Alberta’s commitment to investing $15 million annually with communities and operators to develop the province’s tourism sector. Developing Alberta’s rural and agri-tourism sector is an essential component of the government’s efforts to grow Alberta’s tourism economy to more than $20 billion by 2035.

Quick facts

  • In 2022-23, Travel Alberta funded 166 projects across 73 communities – about 75 per cent of the projects and 70 per cent of the funding were in smaller urban and rural areas of the province.
  • In December 2022, Alberta’s government released its Economic Development in Rural Alberta Plan, with supporting initiatives that demonstrate the government’s commitment to building healthy and prosperous communities across rural Alberta and Indigenous communities.
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