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Last updateSun, 06 Oct 2024 1pm

“...$60 barrel oil," claims ATB economist

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ATB Financial’s Chief Economist Todd Hirsch feels that the price of a barrel of oil will settle in at around $60 barrel, from where it sits today.
  Mr. Hirsch made a presentation at the BCF last Thursday, called “ Losing Balance, Gaining Control”, where he gave his views on today’s financial challenges facing Albertans.
  During the hour-long session, the economist talked about the world situation, followed by recent developments in Canadian and Alberta politics. He felt that there would be a rebound in oil prices to around $60 barrel, there would be a re-balancing of wages and labour costs, despite the provincial NDP plan to continue the minimum wage hikes over the next few years.
  Hirsch made the point that all news is not bad, saying that both the tourism and agricultural sectors of Alberta’s economy would continue to be strong performers. He also felt the Canadian dollar would remain low compared to the US dollar until at least mid-2016, which is not necessarily a bad thing, especially for exporters, and Americans travelling into Canada.
  He did make the point that although it may appear that Canada is experiencing a recession at present, that this time  around it would not be as deep as it was in 2008, but may linger longer.
  Over 60 people attended the presentation.


Greentree Elementary has balls of fun

Greentree Donation BP

Greentree Elementary received a donation of school gym equipment from Boston Pizza as part of their Future Prospect Foundation on November 10, 2015. Boston Pizza fundraising is done each month, with different charity partners. For the month of September, they choose a Back to School theme and Greentree Elementary School requested gym equipment.  The mascot from the Drumheller Boston Pizza attended the presentation, along with owners, Heather and Chris Jones. Rod Fox of Western Financial Group was also on hand as one of the major sponsors. The total amount raised was just under $2,500. l-r:  Heather Jones, Rod Fox,  BP’s mascot Lionel, Chris Jones, principal Erin Campbell-Bentley, Grade two students, front l-r: Gage Poland, Alivia Gerlinger, Kennedy Holmen, Aimon Droves.

 

Salvation Army moves into full Christmas mode

Salvation ready for Xmas

    Salvation Army Captain Jennifer Hillier and Shane Hillier, are getting prepared for the Christmas season. This kicks off on Thursday, November 26 with the annual Red Bag Food Drive.
    Organizers will be distributing the red grocery bags to the community. Families are encouraged to fill the bags with non-perishable food items. Volunteers will pick up the Red Bags from your front door step on Thursday evening, November 26.
    The items are then sorted, for the Christmas Hampers and any extra items go into storage.  The main items needed are cereal, crackers, pasta, canned meat, canned vegetables and canned fruit.  Extra items for the Christmas Hampers are cranberry sauce and boxed stuffing.  To volunteer for the Red Bag Food Drive see the contact information that comes with the Red Bag on a separate letter.
    To register for the Christmas hampers, call 403-823-2215 for an appointment.  The Salvation Army will require ID for all family members in the same household, proof of income and expenses. Then they will assess your needs.  The dates for registering are November 18, November 25 and December 2.  The Salvation Army will make arrangements with you, to pick up your Christmas hamper on Friday, December 18.
    The Christmas Kettle campaign kicks off November 27 and 28, Friday and Saturday.  Each week thereafter, the numbers of days will increase.  Each year there is a need for more volunteers for this fundraiser as some of their faithful volunteers are getting older.  The Salvation Army needs more volunteers for the evening and weekend shifts.  The shifts are only two hours long and if you need to bring your children, they are more than welcome.  All that is required, is that you stand by the Christmas Kettle and greet people.  Contact The Salvation Army  to volunteer.   Last year, the Christmas Kettle campaign raised $37,000.00 and their goal for this season is $40,000.00.
    Coat’s for Kids and Parka’s for Parents will be ready for pickup Monday, November 16 to Thursday, November 19.  They have coats for any age, one to one hundred.  Barb Lubinski from Western GM was responsible for the drive for the past few years and she has received great response again this year. Thank you, Barb!
    Captain Jennifer Hillier said    there has been a 21% increase in usage for the food bank, since last October 2014.  The food bank is open two days per week and every week they see new faces. Due to the downturn in the economy, some families have only one parent working and it’s been difficult for some trying to make ends meet.  Your donations to the Christmas Kettle campaign will help these families in need.  All members of the community need to step up and support these worthwhile causes.  The Salvation Army is extremely grateful for all the support received.


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