Calgary Financial News

Citizens of the Canadian city of Calgary have fallen victim to 340 crypto-related scams, losing over $22.5 million in this year alone, claims report.

WestJet said Friday it aims to wind down Sunwing Airlines and integrate the low-cost carrier into its mainline business by October of next year.

Sikhs, the allegation of potential involvement by Indian agents in the murder of a prominent leader has brought anxiety and fear.On Monday Prime Minister Justin Trudeau said there is “credible” evidence that agents of the India government are potentially linked to the killing of a Sikh man and Canadian citizen, Hardeep Singh Nijjar, outside a temple, last June.The Indian government called the accusation “absurd,” and the fallout has since soured trade and diplomatic relations between the two countries.Nearly 772,000 Sikh people live in Canada, according to government data, making the country home to the second largest Sikh population outside of India. More than half live in just four cities – Brampton, Ont., Surrey, B.C., Calgary and Edmonton.The mayors’ responses to the allegations have ranged from urging the federal government to keep people safe to silence, at least publicly.More than 163,000 Sikh people live in the Brampton, according to 2021 Statistics Canada census data.

More cases continue to be linked to the Calgary daycare E. coli outbreak.

E.coli at multiple daycares in Calgary has resulted in numerous hospitalizations and left officials perplexed at the exact source.As of Wednesday afternoon, 96 lab-confirmed E.coli cases were linked to the outbreak, according to Calgary Zone medical officer of health Dr. Franco Rizzuti.The number is a significant jump from the 56 reported cases on Tuesday.More children have also been hospitalized as the week has gone on, 22 reported to be in hospital Wednesday, seven more than Tuesday.

Calgarian Millie Winzinowich loves apartment hunting. And even when she’s found a place to live, she always tries to keep a finger on the pulse of the rental market.“I have always kind of prided myself in being able to find really gem apartments which are quite affordable, but also, you know, have a fun layout or some character,” Winzinowich, a 28-year-old theatre professional, told Global News.She and her common-law partner, a finance professional, had been in their apartment for less than a year when, earlier this year, their landlord informed them the unit had been sold, sending the couple on another apartment hunt.Winzinowich said that on paper, they were “quite appealing” rental candidates – a full-time, employed couple with no kids and one pet cat.

The Wilder Institute/Calgary Zoo is mourning the loss of Aslan, the 12-year-old African lion who died Monday while recovering from a veterinary exam.

All levels of government must hold management of the Calgary Stampede to account over how it handled years of sexual abuse at a performance school it runs, says one of the city’s 10 members of Parliament.

Alberta Premier Danielle Smith says if a Calgary medical clinic begins charging a fee for faster access to a family doctor, it will be shut down, fined or have medicare payments from the province withheld.

member of Parliament says he’s calling on the federal government to halt funding to the Calgary Stampede.Liberal member George Chahal, who represents Calgary Skyview, says the Stampede has lost people’s trust.A partial settlement was reached this week in a class-action lawsuit alleging the organization allowed a performance school staffer to sexually abuse young boys.Phillip Heerema is serving a 10-year sentence for luring six boys into sexual relationships when he worked for the Stampede’s Young Canadians School of Performing Arts.The lawsuit’s three dozen plaintiffs are all men who were students, employees, contractors or volunteers with the performance school.The Stampede apologized in a statement and said it takes responsibility in the hopes of helping the victims heal.Chahal said government funding should only be restored when the victims feel there has been genuine accountability.“The Calgary Stampede must recognize that they have lost the trust of many Calgarians,” Chahal said in a letter posted Thursday night on social media.“It is not about enhancing their image or salvaging their brand; it is about ensuring justice, safety and a commitment to never allow such heinous acts to happen within their ranks again.”The Stampede said it has taken steps to enhance the safety and wellness of its young participants.“Our commitment to those impacted is to do everything possible to guard against anything similar ever happening again,” it said in a statement Wednesday.

The scarcity of available real estate in Calgary, coupled with rapidly increasing costs and an overwhelming demand, has pushed the dream of homeownership out of reach for many people, including Farah Meghani.

Conservative Leader Pierre Poilievre’s office is tight-lipped over a photo of one of his Opposition critics posing with two people wearing slogans against measures addressing sexual orientation and gender identity in schools.

A horse was put down Friday following an injury during a Calgary Stampede chuckwagon race.

Calgary police are warning the public about a cryptocurrency scam that involves scammers who are posing as officers.

A tornado that ripped quickly through Alberta’s Mountain View County Saturday has left several communities in shock.Environment Canada issued a tornado warning in the early afternoon after meteorologists had been following a severe thunderstorm through south central Alberta that turned into a tornado. At times, the tornado spanned two kilometres and moved at speeds of 40 km/h.Terri Lang, meteorologist with Environment and Climate Change Canada said the tornado formed just before 2 p.m.

A joint task force featuring investigators from the Calgary police department and analysis from blockchain data firm Chainalysis, dubbed the Western Canada Cryptocurrency Investigations Centre, was officially launched on April 12.