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Todayville At The Home Show With Canadian Closet

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The Home Show is a great place to see hundreds of interesting ideas for your new home, or renovation.  Canadian Closet is one of many must sees!

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

Canadian firm Just Energy warns of huge losses due to extreme Texas winter weather

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CALGARY — Shares in Canadian energy retailer Just Energy Group Inc. are falling after it warned it may not be able to continue operating due to hundreds of millions of dollars in losses because of extreme winter weather in Texas over the past week.

In a news release, the company says it is facing a loss of US$250 million (about C$315 million) due to high electricity prices during the unusually cold weather from Feb. 13 to 19.

It says its price of power in Texas was artificially set at US$9,000 per megawatt-hour for much of the week, resulting in a “substantial negative financial impact” unless there is corrective action by the government.

Just Energy shares were halted on Monday morning in Toronto. They quickly lost almost a third of their value after trading was opened again, falling as much as $2.42 to $4.86.

The company says it has delayed financial reports expected last week for the periods ending Dec. 31 until late this week, so it can better review and understand the impact of the Texas event.

Just Energy markets natural gas and electricity at a retail level under several brand names in jurisdictions in Canada and the United States, including Texas, Ontario and B.C.

“The financial impact of the weather event on the company, once known, could be materially adverse to the company’s liquidity and its ability to continue as a going concern,” Just Energy warned.

This report by The Canadian Press was first published Feb. 22, 2021.

Companies in this story: (TSX:JE)

The Canadian Press

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Business

Downtown Business Spotlight: Original Joe’s

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This week’s Business Spotlight shines on Original Joe’s Red Deer! This unique restaurant is located right at 4720 51 Ave.

What is your business?

We are a locally owned restaurant and pub; Down to Earth and Down the Street. On our menu you will find a variety of fresh takes on comfort food.  We’ve got something to satisfy beer lovers, wine aficionados, and cocktail enthusiasts alike. Our extensive drink menu includes solid classics, local and craft favorites, and enough new discoveries to keep things interesting. 

When did your business open?

November 1, 2005 

What makes your business unique?

We are all about good times, good friends and great food. A warm, down to earth place where old friends gather, new friends are made and everyone is welcome. 

What are some products/services that you offer?

We offer wholesome, delicious meals made with fresh ingredients prepped and prepared by hand – in house. We have everything from Nachos to Burgers & Wraps to Steak to Fish & Chips! 

What do you think makes Downtown vibrant?

This history and locally owned businesses!  Downtown is full of unique old buildings that are largely occupied by locally owned businesses. There is a feeling of community in Downtown Red Deer that is unusual for a City.  Downtown Red Deer is beautiful – City Hall Park, the Ross Street Patio, the lights, the cobblestone, and so much more.  

I love Downtown Red Deer because… it is the heart of our City! 

Website: 51st Avenue | Original Joe’s

Instagram: Original Joes’ Restaurant & Bar

Facebook: Original Joe’s | Facebook

Twitter: Original Joe’s (@originaljoes) / Twitter

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february, 2021

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