The Keyano College president and CEO, Kevin Nagel, has resigned and the resignation is at least in part over budget cuts and financial struggles. Nagel took the position of president at the college in 2011, and the decision to resign was made after careful consideration. The Board of Governors received Nagel’s resignation last Monday. A…
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During a recent council meeting the Regional Municipality of Wood Buffalo council agreed to $80 million in budget cuts and cancellation of future projects in an effort to bring spending under control and offset dropping revenues which resulted from lower oil prices. The council cut $14 million from the operating budget alone, and the rest…
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Teachers in Alberta are concerned about possible budget cuts as oil prices continue to drop and the government face potential budget shortfalls. Wood Buffalo is one of the areas which could be impacted if the new 2015 budget cuts school and teacher funding. According to Mark Ramsankar, who is the president of the Alberta Teachers’…
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Budget cuts due to the falling price of oil has cause expected Shell investment decisions to be delayed. The final decision on investing in the last two phases of the Carmon Creek project has been delayed. This was announced shortly after the Royal Dutch Shell company revealed on Thursday that the business will be cutting…
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