Mario Toneguzzi
Troy Media
Calgary, AB, Canada
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Past articles by Mario:
Middle managers key to driving employee engagement
But only one-third of middle managers are employee engagement motivation and that trickles down, says the Conference Board of Canada → Read More
Alberta to experience two consecutive years in a recession, ATB predicts
A new report by ATB Financial says Alberta will experience a recession again in 2016 — the second consecutive year that the province’s annual real Gross Domestic Product will contract. The last time that’s happened was back in 1982-1983. The Alberta Economic Outlook Q1 2016, which was released Thursday, said Alberta’s economy contracted by 1.0 […] → Read More
Oilpatch layoffs could mean future skilled worker shortage in Alberta, experts warn
Industry experts are warning that energy industry layoffs combined with Baby Boomer retirements will lead to shortages of skilled workers when Alberta’s economy starts to rebound. “One really simple fact that remains relevant is — notwithstanding this current economic moment in time — our country and certainly our province continues to face a looming labour shortage […] → Read More
Alberta leads nation in population growth rate, despite sputtering economy
Alberta continues to lead the country for population growth despite a struggling economy grappling with low oil prices. → Read More
Fort McMurray sees plunge of nearly $125,000 in average home prices with more pain to come
The crash in oil prices this year is hitting Alberta’s residential real estate market hard these days with Fort McMurray in particular feeling the pain – and a report released by the Canadian Real Estate Association forecasts continued volatility in 2016. New data by CREA indicates Fort McMurray, in the heart of the oil patch in […] → Read More
Connect First Credit Union improves results a year after merger
Connect First Credit Union finished its first year of newly-merged operations with record financial results as well as sharing a 4.2 per cent dividend with members. First Calgary Financial and Chinook Financial merged operations as of November 1, 2014. → Read More
Wellspring a lifeline for those facing cancer
Wellspring Calgary, one of 14 non-profit organizations benefiting from the Calgary Herald Christmas Fund this year, helps people living with cancer as they face non-medical challenges in their battle with the disease. → Read More
Calgary based Kidoodle.TV expanding to Caribbean market
Calgary-based Kidoodle.TV, a streaming service for children’s subscription video on-demand, has inked a deal which will take its product to 32 markets in the Caribbean, Central America and Asia Pacific. → Read More
Modest economic recovery expected for Alberta in 2016
A modest economic recovery is expected in Alberta in 2016 following a recession this year in the province, says the Conference Board of Canada. In releasing its latest provincial outlook report Monday, the board said Alberta's real GDP will fall by 1.2 per cent in 2015 but grow 1. → Read More
Alberta unemployment rate reaches 7%, nearly 15,000 jobs lost
Alberta’s unemployment rate reached seven per cent in November with the province losing close to 15,000 jobs, according to data released Friday by Statistics Canada. The federal agency reported that the unemployment rate was up from 6.6 per cent in October, reaching its highest level since April 2010. In November, the province shed 14,900 positions but Statistics Canada said that […] → Read More
17th Avenue S.W. one of most expensive retail streets in Canada
Calgary's 17th Avenue S.W. is one of the most expensive retail streets in Canada but nowhere near the level of some high-end locations around the globe, according to a report by commercial real estate firm Cushman & Wakefield. The global research study found that 17th Avenue S.W. → Read More
Group layoffs in Alberta surge past 18,000 workers as oil’s collapse takes toll
The number of Albertans receiving employment insurance benefits has nearly doubled as layoffs this year outpace those of the past two years combined → Read More
Alberta home price decline to impact province's overall GDP growth
Home prices are now on their way down for Alberta and a report released Tuesday by TD Economics said it anticipates they will retrench by a cumulative 6.5 per cent between 2015 and 2017. That will have an impact on the province’s overall economy. “This is roughly three times the decline expected for the nation […] → Read More
Tesla car dealership opens at Chinook Centre
Electric car manufacturer Tesla Motors has opened its first store location in Calgary at CF Chinook Centre. Matt Schulwitz, spokesperson for Tesla, said the Chinook Centre store is the the company'... → Read More
Retail sales tumble in Alberta as low oil prices continues to hurt economy
Alberta and Saskatchewan will see retail sales declines this year after leading the nation in annual gains between 2011 and 2014, according to Colliers International. The commercial real estate firm expects retail sales in Alberta to decline by 2. → Read More
The average house in Fort McMurray has lost $117,000 or 20% of its in value in one year
The average house in the heart of the oilsands has lost $117,000 or 20% of its value in just one year as the collapse of oil prices hit real estate markets across Alberta → Read More
Average Fort McMurray home price down $117,000 from 2014
The slumping oilpatch in Alberta continues to take its toll on the Fort McMurray housing market, as the average MLS sale price of a home in that northern community plunged by more than $117,000 in October. Data obtained from the Canadian Real Estate Association indicates that the average sale price for the month of $468,199 was […] → Read More
Number of EI recipients in Calgary nearly double year-ago levels
The number of people receiving regular Employment Insurance benefits in Calgary and Alberta has nearly doubled from year-ago levels, according to Statistics Canada. The federal agency reported Thursday that the number of Calgary-area EI beneficiaries in September was up 95. → Read More
Wholesale industry sales in Alberta continue to plunge
Wholesale sales in Alberta dropped for the ninth time in 10 months in September, down 1.3 per cent to $6.5 billion, their lowest level since June 2013, according to Statistics Canada. “Declines were widespread across sub sectors,” said the federal agency on Thursday. The year-over-year decline of 9.8 per cent in Alberta was also the highest among all the provinces. Nationally, […] → Read More
Calgary home sales decline the biggest in the country
Calgary's resale housing market led the country in October -- in a negative way. MLS sales in the Calgary region were 1,810 for the month, down 36.4 per cent from a year ago. → Read More