AB Economic Fundamentals 2008-07

[joeiannuzzi]

Sylvan Wal-Mart ready

Customer service managers Melissa Paradis, left, and Maxime Forster chart employees coming on shift at the new Sylvan Lake Wal-Mart Wednesday.

Located in Beju Industrial Park at 3420 47th Ave., the 115,000-square-foot "supercentre" will employ more than 150 people.

http://www.albertalocalnews.com/reddeeradv...Mart_ready.html

 

[joeiannuzzi]

Hot rock potential new energy

A yet-to-be released source of energy may lurk underneath Alberta, says a study issued yesterday by the University of Calgary.

The study, funded by the Alberta Energy Research Institute to the tune of $30,000, argues that layers of hot rock deep underneath the Earth`s surface could be tapped for geothermal energy, which in turn could be converted into electricity or used to create steam for in situ oil recovery. Study co-author Michal Moore, a senior fellow at the Institute for Sustainable Energy, Environment and Economy, said he`ll use the results to lobby Ottawa and Edmonton to fund a "much broader" study.

http://calsun.canoe.ca/Business/2008/07/31/6315121-sun.html