Connect with us
[bsa_pro_ad_space id=12]

Business

Local business community frustrated with the economy, taxes and red tape

Published

3 minute read

Chamber survey shows frustration with economy, taxes, and regulations

On September 6th, the Red Deer & District Chamber of Commerce published a survey asking about the state of business conditions in Central Alberta. Respondents were asked how their business is affected by government policy, crime, and the economy. Also included were questions regarding management of the city, and future expectations for economic growth.

Chamber CEO Rick More commented on the results, “we’re grateful to all those that took the time to complete the survey and share their insights. These results strongly verify what we’ve suspected and heard anecdotally from the business community. While the economy is clearly the largest impediment to business growth, the City of Red Deer must remain focused on allowing our businesses to be competitive and grow. We’ll continue to work with Council and the City Manager on solutions that allow the city to utilize the levers it has available to alleviate the financial and regulatory strain affecting the success of our business community and our ability to retain and attract new businesses.”

The overall state of the economy was identified as having the largest impact on businesses growth followed closely by red tape and regulations, taxation, and crime. Compared to one year ago, 74% said business conditions in Red Deer have gotten worse and looking ahead a year, only 15% are expecting business conditions to improve with 35% expecting them to remain about the same and 40% think they’ll get worse. Finally, when asked whether they expect their own business over the next 12 months 21% expect to grow, 58% think it’ll stay about the same and 20% think their business will contract.

The results strongly demonstrated frustrations with the cost and regulatory burden of doing business. 69% of respondents think businesses outside the City of Red Deer have a competitive advantage due to less regulatory burden and red tape and just 26% think that business permits are approved by the city in a timely fashion. On the topic of budgeting and taxation, 26% felt businesses within the city get good value for the property taxes they pay and 27% approve of how the city manages it’s budget.

For a full breakdown of survey results, see the infographic here.

The Red Deer & District Chamber of Commerce is a non-partisan, collaborative leader in building a vibrant community and fosters an environment where businesses can lead, be innovative, sustainable, and grow. Learn more about the Chamber here.

Todayville is a digital media and technology company. We profile unique stories and events in our community. Register and promote your community event for free.

Follow Author

Business

Changing of the Tides – How One Alberta Company Is Driving Hydrokinetic Power

Published on

The energy conversation has been a polarized debate for years and continues to hit headlines. The clean energy industry is driven by forward-thinking individuals who have one common goal, transitioning from traditional energy sources to a more sustainable form of energy. Now in 2020, we have more oil than we know what to do with, an unprecedented amount of unused facilities that require cleanup, and jobs being lost daily. We exist in a time where competition drives innovation, demonstrating proof of concept is essential to drive investment and still, unable to see eye to eye for a common approach. Let me ask you this, is it problematic for us as a society to hold onto previous conceptions of clean energy projects, regardless of what type? 

Jupiter Hydro was founded in September 2010 by Co-CEO Ross Sinclaire in Calgary, Alberta. Their main focus is in-stream hydrokinetic power generation. Co-Ceo Bob Knight joined the team later in their development. If you have read into hydropower in the past, you may be aware of this type of power generation. Jupiter Hydro has taken the benefits of traditional hydropower and combined their unique technology to produce a far more cost-effective and sustainable form of hydrokinetic power generation. 

Like any new technology that works to produce power in a non-traditional method, Jupiter Hydro has gone through three phases over a decade that has brought them a unique opportunity in Nova Scotia’s Bay of Fundy scheduled for later in 2020. Beginning with testing their hypothesis, proving the theory of generating rotational power utilizing an Archimedes screw presented to fluid flow at an angle was tested in an irrigation channel. With promise in their theory, they move to test their methodology developed to quantify produced power was developed using a rudimentary test tank and 3D printed screws. Mounting systems were developed and fabrications were created with cost-effective materials. In 2012, testing at the University of Calgary’s test tank began to quantify torque characteristics and confirmed blade pitch and presentation characteristics. Both the horizontal orientation and longitudinal orientation of the screw were tested, giving insight into a highly effective angle for their Archimedes screw.

Open Water Testing

Crucial for any proof of concept in hydrokinetic power generation, Jupiter Hydro began their open water testing in 2013 in the Fraser River in BC. Early tests allowed discrepancies to be addressed with submerged generators and confirmed scalability for the technology for the team. Their second open water test addressed the longitudinal placement of their Archimedes screw while testing a swing arm in open water. With support from the Canadian Hydrokinetic Turbine Test Center, they had their third and fourth test at the facility to demonstrate the technology to identify flow clearances for their swing arm. They recorded nearly 50% efficiency and formed the basis of their current design for the upcoming Bay of Fundy project.

 

Defining In-Stream Hydrokinetics

In-stream hydrokinetics can be defined as harnessing the natural flow of water to provide rotational power. “In-stream” means that no containment or diversions are required, meaning that obstruction of the water flow is not required; be it a river, dam outflow, canal, or tidal flow. No dams or penstocks are required, and water flow is not restricted. If we consider that there are over 8500 named rivers in Canada according to the WWF, with the addition of ocean currents or any source of flowing water, the resources are huge for this technology. 

Key Innovation

If we visit the pros and cons that have been put on traditional hydro, we tend to lie on the outstanding cons that have given the industry a black eye over the last decade. As mentioned previously, competition drives innovation, to which Jupiter Hydro has adapted previous technology with a new methodology to produce a new in-stream power generation. Through multiple test phases and focusing on being cost-effective, they have created patented technology to produce power utilizing the 2,000 year old Archimedes screw with a pitch of 60% of the diameter and angled at 30 degrees to the flow to produce high torque power from the in-stream flow. Traditionally, hydropower would require a permanent infrastructure and there is a risk for large scale remediation. Jupiter Hydro does not require any permanent infrastructure and thus they do not require any remediation from environmental disturbance. 

Environmental Impact

With the majority of power generating technologies, lowering the environmental impact can be one of the prominent challenges even for clean energy. If we address the main environmental concerns with hydropower, it consists of concerns of remediation of land, impacts on fish, sourcing of materials, and noise pollution. Jupiter Hydro has effectively addressed these concerns with mitigating the risk for potential investors and the societal impact of driving clean energy into the future. They have the ability to provide remote sites with dependable power without the need for extensive shore infrastructure or changes to the channel flow. The technology can provide clean power in areas historically powered by diesel generators or bio-mass. Their system in rivers can provide “base line” dispatchable power, one of the key requirements for a 100% renewable energy system. 

Bay of Fundy Project

On July 3, 2019 Jupiter Hydro Inc. was granted a 2 MW demonstration permit and Power Purchase Agreement (PPA) in the Bay of Fundy by the Nova Scotia Government. This area has seen other tidal power companies like Cape Sharp Tidal and Minas Tidal and have attempted to crack into the Bay of Fundy’s 2,500-megawatt potential. The terms for Jupiter Hydro is for three sets of 5 years, totaling a 15-year project to be launched later in the year. In the image below you can see their in-stream hydrokinetic tidal platform that will be used in the 2 MW project.

Due to issues relating to the ongoing pandemic, the date of this project remains currently unknown. We look forward to future updates from Jupiter Hydro and their success in the Bay of Fundy. Nova Scotia hit a milestone last year for reaching 30% of its energy produced by renewable sources. They continue to be a key driver for this industry.

“Energy that doesn’t cost the earth”

If you would like to learn more about Jupiter Hydro, check out their website here.

For more stories, visit Todayville Calgary

(This article was originally published on May 4, 2020.)

Continue Reading

#RedDeerStrong

Downtown Wednesday Market returning June 3!

Published on

It’s Back!! Downtown Red Deer Market offering local goods and produce on Little Gaetz Avenue

Throughout the summer season, the farmers’ market comes to Little Gaetz Avenue in Downtown Red Deer every Wednesday from 3:30 – 6:30 p.m.

You can purchase farm fresh food from nearby farms including meat, fresh vegetables and fruit, baked goods and handmade items at this accredited Alberta Farmers’ Market.

Check out the Downtown Red Deer Market Facebook page for regular updates throughout the market season.

COVID-19

The 2020 Downtown Red Deer Market is launching on June 3rd.  During Market, precautions will be taken to ensure physical distancing and hand sanitization practices are adhered to.

The health and well-being of our staff, vendors, and the public is our number one importance and we encourage you to stay informed by regularly reviewing information on the Canadian government’s COVID-19 webpage.

https://www.canada.ca/en/public-health/services/diseases/2019-novel-coronavirus-infection.html

Please note: Dogs are not permitted on-site during the market, as per Alberta Health Services regulations. We apologize for any inconvenience this may cause.

Interested Vendors

If you’d like to join our market as a vendor, please send us a completed application form. We welcome both seasonal and weekly vendors, and approve applications as they arrive throughout the season.

Please allow 2-3 business days to process applications. Click here to access the 2020 vendor application form.

Some of our regular vendors include:

Parking at the Market

See our parking page for Downtown parking options near the market site.

#RedDeerStrong – Tacoloft can’t wait to open for customers again on day 1 of phase 1 this Thursday

Continue Reading

may, 2020

No Events

Trending

X