Business Roundup
Feb. 13, 2026
We notice NAIT has created a skilled trades council to guide the planning and design of its forthcoming Advanced Skills Centre. Its members are Naseem Bashir of Originus Ltd. and Williams Engineering; Carla Madra of Women Building Futures; Jason Portas of PCL; and Doreen Cole, an energy executive.
"NAIT is the only polytechnic in the province with a plan to address the serious and growing skilled labour shortage," the webpage for the Advanced Skills Centre reads. Federal projects alone will need around 500,000 more skilled trade workers by 2030 and potentially 800,000 by 2034, a Deloitte report found. The ASC is part of NAIT's restructuring plan, which will bring it from four schools to seven. In 2024, the polytechnic secured $43 million in provincial funding to build the 625,000 square-foot skills centre and train an additional 5,500 future workers per year. The centre is now in the "final year of planning and design," NAIT notes.
A desire to focus on skilled trades that are in high demand was part of the justification for NAIT's controversial decision to pause 18 programs last May, amid financial pressures resulting from a decline in international student enrolment. Meanwhile, the school is looking ahead to the Build Her Up conference on March 6. The annual gathering for women and gender-diverse tradespeople includes an opening keynote from a speaker whose background aligns with many members of the new skills council: Keeley Prockiw is a graduate of Women Building Futures and works as a project coordinator for PCL.
Economic development
- WestJet announced four new flights and enhanced east-west connectivity for summer 2026, including a new non-stop seasonal service between Terrace, B.C., and Edmonton. Starting May 19, the Edmonton-Terrace route will operate twice weekly. James Jackson of the Edmonton International Airport highlighted the route's importance for connecting Alberta with northern British Columbia's industrial sectors.
- Freson Bros. is hosting the Alberta Food Fair in Stony Plain on April 15, partnering with the Alberta Food Processors Association to provide opportunities for Alberta producers to connect directly with decision-makers interested in pioneering new and innovative local products in stores across the province.
- Dow has contracted Valmet to provide a suite of services for its Path2Zero project in Fort Saskatchewan. The news follows Dow's decision to resume construction on Path2Zero after a pause in April 2025.
- Strathcona County highlighted its position as "Canada's leader" for clean fuels, carbon capture, and next-generation industrial growth in the 2026 Invest in Alberta magazine.
- Ian Middleton of Manawan Farms appeared on RealAgriculture's Profitable Practices video series to talk about the feed mill he's built in Sturgeon County. He processes 1,500 tonnes of off-grade grain, mostly for chicken feed.
- Scale Up Canada is accepting applications for the Edmonton50 program. Those who apply by Feb. 28 will get feedback on their applications; the application deadline is March 31.
- THRIVE is accepting applications for the THRIVE Studio Sprint III, a six-week virtual program for researchers and early-stage founders exploring agri-food innovation. The program runs from March through April, with applications closing on March 2.
Startups and SMBs
- Trust Science has acquired Lenders API, promising the deal will create Canada's first industry-wide defence system against coordinated lending fraud. The acquisition price has not been disclosed.
- Treasures Insurance Edmonton has been acquired by Axis Insurance Managers Inc. Former Treasures leader Chris Waye has joined Axis Insurance as a senior vice-president of corporate development and director for Edmonton.
- TrustBIX president and CEO Hubert Lau shared a letter of intent to purchase Output Provider Solutions. "(B)uilding on TrustBIX's previously announced technology platform strategy, this acquisition will strengthen its platform and expand TrustBIX's capacity to deliver value-added products and services across the agriculture and agri-food ecosystem," the announcement says.
- Four Indigenous businesswomen have launched the Settle Down podcast. Shani Gwin of pipikwan pêhtâkwan and wâsikan kisewâtisiwin hosts the show alongside Felicia Dewar of miskamâsowin foods, Mallory Yawnghwe of Indigenous Box, and Vanessa Marshall of Jack59. The first episode is about how the hosts found their entrepreneurial fire. "There's crying, there's laughing, but what it really is about is lifting others up," Gwin told the St. Albert Gazette.
- Unbelts has launched a new buckle for its classic stretch belt. The new design follows a series of dupes of its previous buckle by online retailers.
- As part of its Super Bowl coverage, CBS News highlighted the work samdesk and Esri did to help a northern California agency track suspicious activity around the big game.
- The European Space Agency has confirmed that Wyvern's hyperspectral data quality meets its Best Practice Guidelines and EO Mission Data Quality Assessment Framework, providing third-party validation of the reliability of Wyvern's data for decision-making, CEO Christopher Robson posted.
- Matt Alexander of Future Fields, Connie Stacey of Grengine, and Sam Jenkins of Punchcard Systems discussed global growth while remaining in Edmonton on an episode of What the Job?, a podcast from the University of Alberta's alumni association. The show was taped live at Edmonton Global during Edmonton Startup Week.
- Brenda Lynes, founder of Elevating-HR, appeared on the Women in Leadership and Entrepreneurship podcast to discuss aligning company values and developing effective leadership skills in organizations without internal HR departments.
- Terri Davis of ProFound Talent and oolu spoke to the Leaders, Innovators and Big Ideas podcast about matching businesses with fractional leaders.
- Builder took a look at how Rohit Group transformed its internal process management system into BuildBase, a commercial platform for home builders intended to increase efficiency and decrease waste.
- Coliseum Steak & Pizza is celebrating 50 years in business, outlasting its namesake, Northlands Coliseum, which was home to the Edmonton Oilers before it was slated for demolition. "We love the Oilers, they've been good to us," said second-generation owner Dimitra Scordas, "but good customer service, good food, and reasonable prices … that's what our motto has always been."
- Chelsea Mani of Anastasia's Bedroom discussed creating a space for women to rediscover confidence and embrace sensuality on an episode of the Stay Spicy podcast. Mani's online boutique offers inclusive lingerie, loungewear, and intimacy essentials.
- Everyday Payments faces allegations from dozens of British Columbia users who claim money is missing from their digital wallets for tips and staff wages. The Bank of Canada, which oversees payment service providers, confirmed it is investigating these concerns under the Retail Payment Activities Act.
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Real estate
- Proposed changes to Edmonton's bylaws governing infill are unlikely to satisfy either fervent opponents or supporters. Dallas Moravec of Edmonton Neighbourhoods United told Taproot the proposed changes don't go far enough, while Jacob Dawang of Grow Together Edmonton worried restrictions could push people back to the suburbs. Nearly 75 people registered to speak to city council's urban planning committee meeting about recommendations to cap mid-block infill developments to six units, among other changes. Committee sent the matter to city council without a recommendation; it will be discussed next week.
- East Edmonton resident Mike Thomas purchased his neighbour's home because he feared a multi-unit infill development would be built there. "I would be losing enjoyment of my entire property," Thomas told Global Edmonton.
- Architect Josh Kjenner raised concerns over a proposal from Westrich Pacific for an interim parking lot at the vacant Bank of Montreal site at 101 Street and 102 Avenue NW. Kjenner argues that the city should design development conditions through land acquisition and targeted subsidies to achieve desirable, high-quality buildings, rather than accepting stopgap measures.
- The Blatchford renewable energy utility's path to financial sustainability is more complicated now that the federal government has axed the consumer-facing carbon tax, Taproot reported. Since utility bills outside of Blatchford have dropped, Blatchford rates must follow suit, even though utility costs in the redevelopment haven't decreased because homes are heated with thermal energy, which wasn't subject to the carbon tax.
- A report from the Canadian Mortgage and Housing Corporation says Edmonton's rental market is expected to soften this year due to rising vacancy rates, increasing rental supply, and slowing population growth. CMHC predicts the vacancy rate will reach 4.5% in 2026, up from 3.8% in 2025, providing renters with more choice. Housing starts are also projected to decline as supply catches up to demand. ATB Financial's analysis of the report notes housing starts in Edmonton are expected to come in between 16,500 and 24,500; there were 21,337 in 2025.
- Mark Anderson of CBRE told Postmedia that high construction costs and rising development fees are dampening Edmonton's real estate market. Both industrial and residential property prices are rising a result, Anderson and others said.
- Edmonton's office market recorded its third consecutive quarter of positive absorption in the fourth quarter of 2025, totalling 65,517 square feet and reducing overall vacancy to 15.4%. Downtown leasing saw 69,302 square feet of positive absorption, largely driven by government Class A assets in buildings like Peace Hills Insurance Building and First Edmonton Place. This performance offset softer suburban activity, though large Class A office spaces are becoming scarce in suburban areas such as Windermere and Summerside.
- Grit Daily News published a list of top real estate agents in Alberta for 2026, including Sarju Ranjit, Michael Parker, and Miss Charlene of Edmonton.
More headlines
- Edmonton city council's executive committee unanimously backed a proposal on Feb. 11 to designate a portion of Happy Beer Street as an entertainment district. The move would allow businesses such as Bent Stick Brewing, Shiddy's Distilling, and Sea Change Brewing to more easily host street events with public alcohol consumption. If approved by city council, it would be Edmonton's third entertainment district.
- Stantec has pulled out of contracts with U.S. Immigration and Customs Enforcement, after ICE agents killed two people in Minnesota and engaged in other violence. The contracts, held by a joint venture between Stantec and a business owned by Oneida Nation in Wisconsin, were for quality assurance for ICE facilities in Texas and Wisconsin.
- The Investigative Journalism Foundation found that nearly 600 Alberta oil and gas companies owed almost $254 million in municipal property taxes by the end of 2024, up from $81 million in 2018. Four counties in the Edmonton region — Sturgeon, Parkland, Leduc, and Strathcona — were owed significant sums, with Sturgeon carrying nearly $3 million in arrears. Many of the companies are defunct, but MAGA Energy received new licences to drill, despite owing hundreds of thousands of dollars in taxes to Sturgeon, Parkland, and other counties.
- MacEwan University has removed the Christenson family name from the Centre for Sport and Wellness after the Christenson Group of Companies failed to fulfill its pledge commitment, The Griff reported. The name had been on the building since 2010, and MacEwan intends to update signage and wayfinding around the university to reflect the change.
- Season 7 of the Emerald Documentary Series from the Alberta Emerald Foundation showcased the environmental work of the Alberta Capital Airshed, EPCOR, Four Winds & Associates, and Trade Winds to Success, among others.
- More than 27,000 Alberta healthcare workers represented by the Alberta Union of Provincial Employees have approved a contract deal with Alberta Health Services. The agreement provides a 12% wage hike over four years, retroactive to April 1, 2024, when the workers' contract expired.
- Research from the Alberta School of Business found that an "open" leadership style by audit committee chairs can effectively neutralize the chilling effect that silences auditors when corporate management is present in meetings. The study suggests companies should recruit audit committee chairs for communication styles that promote psychological safety, not just financial acumen.
Happenings
Here are some events coming up over the next seven days:
- Feb. 13: Social Enterprise – Beyond Coffee Shops and Thrift Stores starting at 9am at Edmonton Chamber of Voluntary Organizations
- Feb. 17: Entrepreneur Talks: Lights, Camera, Lockdown starting at 10am at Game OVR
- Feb. 17: Building Your Board Career Foundation starting at 4pm at Edmonton Unlimited
- Feb. 17-19: International Indigenous Tourism Conference at Edmonton Convention Centre
- Feb. 18: SMARTstart Program Information Sessions starting at 12pm online
- Feb. 19: Mind Your Business: Making Sense of Big Data starting at 5pm at Royal Mayfair Golf Club
And here are some upcoming events to keep in mind:
- Feb. 24: The Rebrand Room online
- Feb. 25: Fuck Up Nights YEG at Bison Lodge
- Feb. 27: Coffee with the Chamber at Alberta Aviation Museum
Visit the Taproot Edmonton Calendar for many more events in the Edmonton region.
Beyond Edmonton
- Flair Airlines has named former Sunwing Airlines president Len Corrado as its new CEO, replacing Maciej Wilk. Corrado will be based in Toronto.
This roundup was sponsored by CPA Alberta.
CPA Alberta is the professional organization for more than 30,000 Chartered Professional Accountants (CPAs) across the province. CPAs are known for the experience, expertise, and business acumen they bring to organizations everywhere. CPAs are leaders, entrepreneurs, business advisors, personal financial advisors, management consultants, financial analysts, and so much more!