Connect.
 Grow.  Prosper .
  WEEKLY NEWS - MARCH 2017
March 21 , 2017   
CHAMBER
ON TAP

Join us for our monthly business mixer and informal chat on Thursday, Mar 23, 2017.

Our guest will be interviewed in a very casual and conversational format by our sponsor Dean Chapman of Frontline Financial.

These are the stories of business owners right here in our community who discuss successes, failures, and how they have achieved success.

There will also be lots of time to mix with fellow members and develop your network.

Our private section at The Canadian Brewhouse in Spruce Grove opens at 4:30 pm and the interview is from 6:00 until 6:30 pm.


Be inspired. Build your network. Save Money! 
Business at Breakfast
Topic TBA

 March 28, 2017
 8:00 - 9:00 AM 

**Space is very limited - please register today! Its FREE for members**

Our Business at Breakfast aims to provide the tools and education necessary to succeed in entrepreneurship, economic growth, and competitiveness; our breakfasts focus on business education in our region.
The networking opportunities that come with it are casual yet very powerful.

GET NOTICED.
 SAVE MONEY.
April General Meeting
April 11, 2017
11:30 AM - 1:00 PM
Join us for  a business networking lunch  with numerous networking exercises......no meeting format.  Just bring your business cards and your elevator speech and a big smile.
 
If anyone is seriously looking for a luncheon sponsorship opportunity, this may your chance.

ATB'S Merchant Payment Program

Enjoy a discount of 1/2 off on your Unlimited Business Banking account at $30.00, (regular price is $60.00). For further information please Click here
Showcase
Your  Business

Sat, May 13, 2017

Be recognized as an active business leader by joining us for a day in the
park where business meets community and shares in the celebration!



This is Spruce Grove & District Chamber's Signature Event!  It is unique to us, and has been specifically planned to connect our business community and our area residents in a meaningful and powerful way.  It's created for the community as a whole, where everyone will experience a true celebration of our amazing region.  If your business would like to connect with the community in a very fun environment, we welcome you to join us and reserving your space today!
Local women recognized in
SuPEARLative Awards

By Marcia Love, Spruce Grove Examiner/Stony Plain Reporter
March 10, 2017

The success of strong, driven women from across the province was celebrated during the SuPEARLative Awards last week - with women from the tri-community among the group.
The annual awards from Womanition magazine were presented in Edmonton on Feb. 24, and local business owners Kelly Langford and Jodi Fulford each won an award.
Langford, owner of Snap Fitness in Spruce Grove, was the recipient ... read more
The Value of Membership!!!
Save up to 7ยข on every litre* through September 30th

NEWS WE ARE FOLLOWING    March 16, 2017
A Look at Alberta's 2017 Budget  

Making life more affordable
The steep decline in oil prices has had a significant and enduring effect on families and the economy. During the province's economic recovery, Budget 2017 will help make life more affordable for Albertan's by: .... continue reading

Creating good jobs and a diversified economy
In addition to the small business income tax reduction that was previously announced, Budget 2017 provides:
  • Support for diversifying Alberta's energy markets by
           continue reading

Protecting and improving services
Budget 2017 provides stable funding for core public services that make a difference every day for Albertan's, including health, education, income support programs and social services.
......... continue reading

Investing in infrastructure
Budget 2017 continues the significant infrastructure investment started in Budget 2016. We're committed to stimulating the economy, keeping people working and upgrading or expanding existing infrastructure.
The Capital Plan will support $29.5 billion in infrastructure projects over 4 years, including:   ......... continue reading

Economic outlook
Alberta's economy is turning the corner with modest economic recovery expected for the first time since oil prices began their unprecedented decline more than 2 years ago.
Growth in 2017 will be driven by exports, which will be fueled by increased drilling activity, oil production and manufacturing. Reconstruction in Fort McMurray and government capital spending will also support growth.

The recovery is expected to be moderate, as unprecedented declines in income during the downturn will continue to weigh on business investment and consumer spending. Real GDP is forecast to increase by 2.6% over the year, but will remain below pre-recession levels until 2019.  ......... continue reading

Revenue
Provincial revenue comes from sources such as taxes, non-renewable resource revenue, federal transfers and investment income.
Forecast
Provincial revenue is projected to be $45 billion in 2017-18, which is in line with the Budget 2016 forecast.  ......... continue reading

Controlling costs
Budget 2017 maintains a focus on protecting the vital public services that matter to Albertan's, like health care, education, income support programs and social services.

Managing operating expenses in a responsible way continues to be central to government's plan to reduce the deficit year-over-year and return to balance.

The rate of growth for operating expenses will be:
  • 2.2% in 2017-18
  • 2.7% in 2018-19
  • 2.7% in 2019-20
This is well below the projected rate of population growth plus inflation projected for Alberta, which is expected to average 3.3% in each of the next 3 years.  ......... continue reading
More thoughts on Alberta's 2017 Budget


Grand Openings in Spruce Grove!


Re-Opening Shotz!

Royal LePage

Corbiere Cabinets

Moondance Hot Tubs
Show Your Support for the Energy East Pipeline
The proposed Energy East project will help decrease our nation's dependence on foreign oil and add billions back into our own economy. Locally, the project is estimated to create thousands of jobs, grow our economy as well as keep people working and living here in Canada.  Click here.

Alberta's manufacturing sector continued to show signs of recovery  in January as sales grew for a third consecutive month. 

Mar 17, 2017   CP, The Canadian Press

Statistics Canada said Friday that manufacturing sales in the province rose 2.7 per cent from December, to $5.7 billion - the highest monthly total since July 2015, according to ATB Financial. Year-over-year sales were 14.8 per cent higher.

"Throughout the course of 2016, Alberta's manufacturing sector struggled to find traction, but this trend appears to be reversing," ATB said in a report Friday. 
 
Gains were posted in 14 of 21 industries tracked by StatsCan, led by an 8.6 per cent jump in shipments of petroleum and coal products.
"With more stable energy prices.... continue reading

Grants and Financing

Entrepreneurs often report that getting financing is the most challenging aspect of starting or growing a business. If you are looking for money for your business, you should start by learning about the different types of financing that are available. You can then decide which one best suits your needs. .... continue reading
Alberta oilsands production outlook bright despite gloomy headlines
By Dan Healing, The Canadian Press  Mar 19, 2017 

The sell-off of Alberta oils sands assets by another big international player - along with   big reserve writedowns, the introduction of a carbon tax and a stumbling crude price - all suggest a gloomy outlook for production from the world's third-largest proven oil reserves.
But Canada's oilsands output is still expected to set new records in 2017 and climb even further in the coming years.
Part of this year's boost would come from  the Fort Hills project, expected to achieve first oil late this year and rise to 194,000 barrels per day through 2018. It is the last giant Canadian oilsands mine in advanced development by a major energy company.
Additional production is coming from smaller thermal projects that use steam..... continue reading
 A new industry focused
 on renewable energy
will be setting up shop in Parkland County. Pinnacle Renewable Energy Inc. will begin construction this spring on a new $75 million wood pellet plant in Entwistle. Pinnacle Renewable Energy Inc. is the longest-established wood pellet producer in Western Canada. The new facility will produce wood pellets which are used around the world to produce a low carbon renewable energy resource. The facility is expected to begin operations in 2018, creating approximately 60 full time positions.  
 
The Spruce Grove & District Chamber of Commerce continues to advocate for renewable resource industries. You can follow our policy work here: Policy and Advocacy

Della Saunders,  Marketing Coordinator
Spr uce Grove Chamber of Commerce 
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