ZAYZOON USES INNOVATIVE FINTECH TO SOLVE A GROWING PROBLEM
MODERN PROBLEMS REQUIRE MODERN SOLUTIONS
by Nerissa McNaughtonInflation is soaring, prompting the Bank of Canada to hike interest rates. This in turn drives up the cost of living at a time when people are still recovering physically and financially from COVID. Even before the pandemic’s upheaval, North Americans were increasingly living paycheck to paycheck. Now, according an Equifax® press release, Canadian consumer debit sits at over $2 trillion with the average Canadian burdened by $21,000 of debt – and that does not include a mortgage. In one year, debt loads grew 8.2 per cent, and Canadians report relying on credit cards to fill the gap between necessities and payday.
ZayZoon is determined to change this and save North Americans from high credit card interest, dangerous payday loans and NSF banking fees. The ZayZoon approach is unlike anything seen in the financial market before – and it’s keeping North Americans afloat when money is needed but payday is weeks away.
ZayZoon was co-founded by Darcy Tuer, CEO; Tate Hackert, President; and Jamie Ha, CFO. All three have diverse backgrounds with varied experience in finance, technology and entrepreneurship. Together, they knew they could make a big difference for struggling North Americans.
“Payroll has been the same for the better part of the century, but the needs of employees have changed,” says Tuer. “ZayZoon gives employees access to the money they have already earned. We are not a lending company. We provide liquidity on our clients’ earned wages.”
ZayZoon for employees allows early access to funds within minutes of signing up. There are no hidden fees or interest rates, just a flat $5 fee. ZayZoon for employers integrates seamlessly with all major payroll platforms and activates in less than an hour. It is free for employers and carries zero risk and zero liability (employees that choose to leverage the platform as a company perk subsidize the benefit).
“For employers, ZayZoon is an important recruitment tool. Around 38 per cent of employees say stress affects their
productivity. When financial stressed is eased, employers have better success with recruitment, retention and productivity,” says Tuer.
He continues, “I often get asked if our product causes harm. It does not. We have procedures in place to prevent people from winding up in predatory cycles where their paycheck is gone before it comes in. For example, clients can access only 50 per cent of earned wages before payday. We also offer indepth financial education and boosts such as gift cards to help employees get ahead.
“In a perfect world, everyone would be paid their wages daily for the work they have done. However, that is not how life works, and paying people daily is cumbersome from an administrative and cost standpoint. ZayZoon flattens out the flow and helps people living paycheck to paycheck – because food, bills, medication and emergencies do not line up with traditional pay cycles.”
An analysis of client spending/earned wage access reveals where ZayZoon payouts are going.
“The vast majority of our clients are using ZayZoon to cover essential purchases,” reveals Tuer. “In this time of economic upheaval and soaring inflation, the emergency fund is, for many, a thing of the past. People are sitting on high-interest payday loans and credit card debt. In America, a huge portion of the population lacks the financial means to maintain credit worthiness and they remain unbanked. The system is different in Canada, but we still have a large underbanked population. We give North Americans the ability to streamline access to earnings. It’s their money. Providing better access to earned wages is our social mission.”
Since ZayZoon is a new concept, access to capital and finding a lending institution that shares the company’s social vision was a challenge. That is, until ZayZoon connected with ATB.
The co-founders spoke to many banks but most took a traditional view of the business. Without tangible assets in the
company to act as surety, traditional banks shied away. ATB took a different approach.
“Our partnership with ATB was transformative!” describes Tuer. “Since we fund payroll in advance, you can imagine there is apprehension about putting that level of capital into the market for an emerging tech company with an unproven, untested idea. When we were introduced to ATB, they took a keen interest in not only our business, but also our positive social impact. They liked that we are a local Alberta company solving problems across North America, and took time to build a trusted relationship. ATB provided us with the capital pool we needed. Partnering with ATB gives us the time we need to focus on adding value for our customers. As we grow, ATB is there.”
ZayZoon took a calculated risk in introducing a fintech concept that would impact traditional payroll models. Was it a success?
“We have experienced double digit month-over-month growth for nearly two years and expect that to continue through 2023.
Our success is due to the collaboration among the co-founders, the ZayZoon team and ATB. Most of all, we owe our success to the clients for whom we provide a tangible solution. We will continue to be very curious about and focused on the problems our clients have and how technology can provide them with better financial outcomes.”
Learn more at zayzoon.com.
ATB is pleased to present a 2023 profile series on the businesses and people who are facing challenges head-on to build a strong Alberta.
ABOVE: DARCY TUER, CO-FOUNDER & CEO; JAMIE HA, CO-FOUNDER & CFO; AND TATE HACKERT, CO-FOUNDER & PRESIDENT.
Rebrand Calgary? Why?
BY SHANE WENZELThe push to rebrand Calgary is on the table again. Is the reason to appear ‘more cosmopolitan’ or is re-branding the same as changing the curtains in the office when new occupants move in?
It was said that some feel the city is dominated by corporate and cowboy culture, and it is difficult to fit in if you do not identify with either of those segments. It is also difficult to have a vibrant city without corporate dollars invested. And when did ‘cowboy culture’ become shameful? I was under the impression people choose a city for more opportunity or a more desirable lifestyle, not to change it to something they left – otherwise why move? Being a lifetime Calgarian myself I admit this did set my nerves a bit on edge.
With access to a collective number of newcomers I did my own ‘straw survey’ with a different response. I heard reasons such as “better lifestyle,” “a lower cost of living particularly in housing,” “to be around a ‘lets get things done’ attitude,” “friendly people,” and “opportunity for my family.” I looked at the recent number of thousands of newcomers to Calgary this past year and felt my margin of error was pretty accurate given my targeted respondent. Of course, some came for other reasons of being closer to family, or their occupation allowed them to live anywhere, so, “why not Calgary?”
The last time rebranding became an ‘idea’ was in 2011 when steps were taken to move away from the long-time favourite, “Heart of the West” and re-brand to, “Be Part of the Energy.” We all know how popular that one was, particularly with those who had put Calgary on the map and built the best economy in Canada.
There is that conversation around a desire for Calgary to become ‘Silicon Valley 2’ and replace our economic lever of oil and gas. That idea might have been saleable at one point, however, not so much with the new model that work can be done ‘from anywhere.’ Silicon Valley is facing that same challenge. I appreciate re-branding is one idea being explored to lure younger workers to Calgary when oddly, just a few years ago, Calgary boasted the ‘youngest population in Canada.’ So, where did they all go?
In review of other top growing cities across North America, I found because of remote working for some occupations, growth is happening away from larger cities to either towns or smaller cities with populations of no more than several hundred thousand. Their reasons include affordability, better lifestyle, less crime and family lifestyle. None mentioned moving because of the lure of a brand.
So, I am confused about why we would want to change the success story of Calgary! In my travels I find you don’t have to explain Calgary; people know of us for our rodeos, our proximity to Banff and the largest network of Plus 15s. Which leads me to ask, who the heck is trying to get rid of our Plus 15s? Do they forget we live in a cold country and that could end major retail investment in the core? The benefits are many!
Canada Needs To Seize The Moment
BY CODY BATTERSHILLAs the year drew to a close, Canadian energy watchers learned Qatar had inked a long-term deal to supply Germany with liquefied natural gas (LNG) in a bid to help replace Germany’s Russian supplies.
Many of those Canadian energy watchers were left scratching their heads. “This could have been us in the supplier role,” some thought.
They’re not wrong. The conversation over Germany’s growing interest in replacing Russian energy with other sources is widely known. As one close observer remarked, Canada has failed, so far, to recognize a business case in LNG – while Qatar has embraced it.
According to Eric Nuttall, a commentator and partner with Ninepoint Partners, Canadians stand to lose out on about $100 million annually in taxes and royalties on this one deal alone.
It’s a massive transaction. Qatar has signed agreements that will see them send as much as two million tons of LNG a year to Germany beginning in 2026. The agreement will run for at least 15 years.
And it’s a deal that begins to solve Germany’s supply problem even as the country continues to reach out globally for an alternative source and to build new infrastructure to receive – and then to distribute – LNG.
A big question remains: How could Canada, so blessed with an abundance of natural gas and other sought-after energy resources, have squandered this opportunity?
The inescapable answer is that Canada’s just not showing up. There’s a real need, in my view, for a renewed market diversification focus on Canadian oil and natural gas exports.
And it’s not just in Germany. The world will require natural gas, oil, hydrogen, hydroelectricity, uranium and every other future Canadian energy product for a long time to come. Concluding this deal doesn’t mean Canadian resources aren’t still in hot demand.
The Qatar – Germany arrangement equates to only about six per cent of the volumes of Russian gas that Germany imported in 2021. So it’s an important first step in replacing Germany’s Russian supply, but there still appears to be room for other suppliers in the discussion.
And at 15 years in duration, the deal suggests Berlin may be softening its opposition to longer contracts – even as long as 25 years, Bloomberg reports. This runs counter to suggestions in media interviews from Canada’s Natural Resources Minister Jonathan Wilkinson that Canada has only three years of LNG markets ahead of it because, he says, the European Union plans to move shortly to hydrogen.
I think this whole markets discussion has to be revisited –and fast. Canada’s an exemplary energy supplier, with an enviable record on the environment, human rights, safety and Indigenous reconciliation. We simply can’t afford to sit this discussion out.
Lifetime Achievement Award recipient at the 2022 REX Awards
NAIOP Calgary is excited to announce Bob Harris as the winner of the Lifetime Achievement Award recipient at the 2022 REX Awards.
The Lifetime Achievement Award is given to a member of the Calgary commercial real estate industry each year to recognize and honor their professional achievements. As founder and CEO of Centron Group, Bob has built Centron into a leading Western Canadian developer and builder. NAIOP Calgary couldn’t have been happier to see Bob’s efforts being recognized. Congratulations!
Bob founded Centron Group in 1984 after serving for 13 years as VP at Charter Construction Limited. Through diversified experience and vision Bob has built Centron into a leading Western Canadian Developer and builder of fine commercial and residential projects. Bob and the Centron Care program has provided invaluable gifts to local not-forprofit organizations with their facility requirements through their expertise and experience in real estate development. Bob has made a profound impact on community and the commercial real estate industry!
The Calgary Real Estate Excellence (REX) Awards is a premier awards dinner, which highlights and celebrates the achievements of groups and individuals active in the office, industrial, retail and mixed use real estate industry in Calgary hosted by NAIOP Calgary.
ABOVE: BOB HARRISDELIVERING AN ORGANIZED PLACE
In a chaotic world full of clutter, Raylene Place offers a welcome oasis. With her company, Organized Place Inc., Raylene is helping clients organize and downsize their spaces, whether that involves a focused reorganization and decluttering of one area or an entire home overhaul. She specializes in helping seniors and their children prepare to downsize the family home after the death of a spouse or in anticipation of moving into assisted living facilities.
“About 80 per cent of my clientele is in their 50s and 60s dealing with their older parents, and they just can’t do one more thing,” says Raylene Place, founder of Organized Place Inc. “We take it from this big daunting project, like a parent’s house that is packed full, to manageable downsizing steps.”
When people don’t know where to start, they call Raylene and she brings more than just incredible organizational skills to the project. Along with her team of six, Raylene coaches clients through the act of purging items in a respectful, kind and loving way, often acting as mediator between her clients and their parents. Giving up cherished items can be difficult, but Raylene’s approach of acknowledging the importance of the items and the memories attached to them while expressing the reality of how much can come with them when they downsize into a smaller space makes the process easier.
“I help them get from the fighting and the stress of downsizing to solutions everyone can agree to and move forward in a loving and kind way,” she says.
The team provides clients with a stress-free transition, whether that transition is due to death, divorce, relocation or aging, and clients place their trust in Raylene to share the burdens that come with these major life changes. She and her team are declutter coaches, personal consultants and concierge assistants dedicated to providing workable downsizing solutions from consultation through to selling or donating extraneous items.
Raylene has earned her place as a trusted authority when it comes to organizing, downsizing and decluttering any space for her base of valued repeat clients that become like family. Whether clients are working through grief after a loss or are excited to enter the next chapter, Raylene is honoured to support and guide them through the process.
“They unconditionally trust me with their most intimate objects and the most important people in their lives. I take care of people when they are transitioning, whatever that transition is,” she says.
No matter what the space or situation, Raylene Place is calming the chaos and offering clients a beautiful Organized Place.
SKI SEASON IS LOOKING GREAT FOR BANFF AND LAKE LOUISE
GREAT PLANS ARE IN STORE FOR THE 2023 SKI SEASON IN BANFF AND LAKE LOUISE, ESPECIALLY FOLLOWING THE PAST TWO YEARS OF THE PANDEMIC
BY LISA KOPOCHINSKIAfter the past two years of the pandemic, it’s little surprise that people are looking forward to heading back to Banff and Lake Louise for some quality ski time.
At Sunshine Village Ski & Snowboard – located in Banff National Park – just 15 minutes from the town of Banff and 90 minutes from Calgary, this year’s ski season opened on November 3 –the earliest in decades.
“This season started with a great dump of snow,” says Kendra Scurfield, Sunshine Village brand and communications manager. “We actually got so much snow in the last week of October.”
The resort’s broad range of runs varies from family-friendly to the double-decker Delirium Dive. Its village location offers champagne powder conditions. The resort features 12 lifts and more than 3,000 acres of skiable terrain.
American Visitors Return
Scurfield is also excited that many American visitors are travelling back to Alberta now that COVID travel restrictions have been lifted.
“Over the pandemic period, we really had to scale back guest services,” she says. “Last year, it was slightly more challenging with restrictions and how we operated as they changed throughout the year. It was a course of learning to adapt and then reevaluate as changes were made.”
Sunshine Village receives approximately 500,000 guests each ski season. New projects have also been completed for this ski season that are sure to please visitors.
“We renovated the java lift in our hotel and it’s absolutely stunning,” says Scurfield. “We also have new artwork, and we’ve replaced some ropes that can last 15 to 20 years. We’ve also expanded our parking over the past two years. We’re really focused on keeping skiing affordable for Albertans.”
With the ski season opening on November 3 and expected to last until May 22, 2023, this will mean a 210-day ski and snowboard season – the longest in Canada.
“We don’t make snow, so we farm it. We really do rely on Mother Nature. She’s been magnanimous with us this year so far.”
Sunshine Village also has many some wonderful events lined up for the Christmas season that includes giving back to the community.
“For example, we’ve worked to make Charity Ski Day more available,” says Scurfield. “We will have our Santa Skis for Charity event on Christmas Day where anyone dressed up as Santa Clause, an elf or some sort of Christmas spirit costume will ski for less. And all money will go to the Alberta Children’s Hospital Foundation.”
Voted Canada’s Best Ski Resort
The ski season at Lake Louise is also ramping up and will be in full swing until late May 2023. Located in Banff National Park, two hours west of Calgary, the Lake Louise Ski Resort was recently awarded the title of “Canada’s Best Ski Resort” for the eighth time since the award was launched 10 years ago.
“For
“Brands like Halfdays are incorporating colour into their silhouette flattering designs. For both men and women, we are seeing bright colours head to toe.”
“This chair will complete our third high-speed route up the mountain. We are all about convenience at Lake Louise and want to continue to ensure guests can get skiing quickly and efficiently to maximize their ski day,” says Stankewich. “This lift will also allow guests to lap West Bowl all day long without returning to the base.”
With 164 marked runs over more than 4,200 acres, the size and scope of Lake Louise Ski Resort ensures that there are ample options for everyone. Skiers can enjoy the entire mountain as a family or group, regardless of their ability level, with green and blue runs down from all 11 of its lifts. Soon there will be even more to explore, as the resort plans
to add at least one new major project annually for the next five to seven years. Multiple new runs, lifts and lodges are in the plans, including a new mountain-top lodge at the top of the Grizzly Gondola.
And since travel is back, the resort plans to continue to invest in enhancing the skier experience to support Travel Alberta in building the visitor economy above pre-2019 levels by 2024.
“We continue to target high-value international travelers in addition to the valued local and regional guests that are the backbone of our business. In addition to ongoing improvements for visitors, we’ve invested greatly in building additional staff housing over the past couple years and are currently building even more. The importance we place on the staff experience has helped us attract a full complement of amazing employees and we have loads of great experiences planned this season.”
All dining options are back, and highly recommended lunch spot, Whitehorn Bistro, was recently named a top onmountain restaurant by USA Today. Popular for apres-ski is Kuma Yama, offering ramen options and fresh sushi flown in three times weekly from Vancouver.
After just having played host to two weekends of World Cup Ski Races, which featured the world’s fastest downhill and Super-G racers, the events team has turned its focus to the various demo days, parties and freeride competitions which are planned over the next few months to supplement the skiing experience.
“It’s going to be a great season at the Lake Louise Ski Resort,” adds Stankewich. “Initial forecasts are calling for La Niña weather patterns yet again, which means that throughout the winter there should be lots of fresh powder for skiers and snowboarders to enjoy.”
And closer to Christmas, visitors will see the ski lodge adorned with trees, lights and wreaths, and can enjoy a turkey feast before heading outdoors again for nighttime snow tubing.
“Fire pits and snacks will be in the base area for a quick warm up while everyone is at play. We have other surprises in the works – including a visit by Santa Claus himself!”
TO THE MOON AND BACK
POWER TECHNOLOGY’S
ON HER COMPANY’S OFF GRID POWER SOLUTIONS
BY MELANIE DARBYSHIREThere are few Calgary companies that trace their roots to NASA’s Apollo missions to the moon. The fabled missions, which took place from 1968 to 1972 and succeeded in landing the first humans on the moon, have borne much in the decades since their completion: scientific and technological discoveries and advancements, the rise of NASA, American national pride, cultural lore.
For Calgary’s Global Power Technologies (GPT), the Apollo missions mark the start of a long and successful venture, one that combines a novel and very useful technology with a love of Alberta’s natural splendor.
“Typically, a company’s history is quite boring,” says Laura Kennedy, president and co-owner of GPT, “but ours is pretty fun. It starts with U.S.-based 3M, who was hired by NASA for the Apollo mission, to develop a power source to bring and leave on the moon for communications and measurements.”
3M’s invention was based on thermoelectric technology: using radioactive materials as a heat source, power is generated from the heat transfer across dissimilar materials where heat energy is converted to electrical energy without any moving parts. “Very specific materials are compiled in a power unit that captures the change in temperature and converts it into electricity,” Kennedy explains. “It could provide continuous and reliable power on the moon.”
While revolutionary for NASA’s Apollo missions, some of the engineers who developed the technology saw the potential for its use in Alberta, where they had fallen in love with the outdoor lifestyle of hunting and fishing. A rural diversification tax incentive added to the enticement.
“So, they moved in 1975 from the United States to the Bassano region, about an hour and a half outside Calgary,” Kennedy says. “They partnered with Albertans to apply the technology using natural gas as the heat source (as opposed to a radioactive material heat source on the moon) for use in the oil and gas industry. Typical applications at that time were cathodic protection, controls, data acquisition, repeaters and other communications devices.”
The company grew over time, and the headquarters was relocated to Calgary to be closer to the oil and gas industry. Kennedy, who joined GPT’s parent publicly-traded parent company Gentherm in 2014, was part of a management buyout of GPT in 2019. Today, she is co-owner with CFO Collin Newman.
“We provide a range of small power off-grid solutions for critical industrial devices,” Kennedy explains of her company’s core business. “Our clients need power for devices that are protecting people and the environment. Typically for maintaining reliable operations on wellheads, pipelines or remote telecommunication towers. These devices are either too far from grid power or the grid is not reliable enough for their needs.”
GPT’s core products – thermoelectric generators (TEGs) and new hybrid-compatible TEGs – are used for smaller applications, whereas the newer M-Series prime power generators are high efficiency combined heat and power systems for higher power and heat applications. The company also provides environmental system solutions such as instrument air packages.
TEGs are highly reliable. “You can put it in the field, turn it on and it will run for decades,” Kennedy offers. “You just require some very basic maintenance once a year. We know of sites where they have been running for 40 years in the field and continue to serve the needs of a single gas well. People love them for their reliability and extended product life.”
TEGs work for up to about 500 watts, and in some situations multiple TEGs can be combined to create higher power systems. To offer higher efficiency and lower emissions solution for higher-power requirements, for example a multiwell pad versus a single well pad, GPT developed the M-Series generators, including its latest MX PrimeGen. It was designed from the ground up to be certified to meet EPA emissions requirements and requires only annual maintenance.
Kennedy notes that there are very few EPA rated generators you can buy off the shelf that power under 10 kilowatts: “The MX PrimeGen is among the most efficient generator in that power range on the market today. And because it’s such high efficiency, it translates into the lowest emissions possible for a continuous run generator.”
Indeed, she notes one of GPT’s core focus areas is exploring how to retain the highest reliability with either lower or no emissions, regardless of which fossil fuel is being used. GPT’s hybrid solar solutions are a development in this regard.
“If you combine a TEG with a solar and battery solution, it can make your solar and battery solution more reliable,” she explains. “Especially if you’re on a site with access to natural gas. You can have a more conservatively sized solar and battery system without giving up power reliability to the site. The TEG would only turn on when it needs to turn on (when the battery gets too low), stays on until it identifies that the solar and battery is running on its own again, then turns itself off.”
It’s a solution for clients whose solar and battery are not working optimally for them, as well as for clients who already have a TEG but want to lower their emissions. “They can add solar and battery without giving up reliability, and see a significant reduction in emissions,” she says.
Another environmental application are GPT’s instrument air systems, which eliminate methane venting at oil and gas facilities. In a combined system, the MX powers the EZ Air
compression and dryer to displace natural gas in pneumatic instruments, thereby changing from venting methane and other greenhouse gases to venting plain air. This is one of the lowest hanging fruits for the energy industry to dramatically decrease their greenhouse gas emissions.
One other opportunity to support a greening energy industry is using vented gas to power a TEG. “The advantage is if you can destroy vented methane with a TEG, you’re also generating power,” Kennedy explains. “That’s important because now you can install devices to measure how much gas you’ve destroyed so that you can calculate and audit your methane mitigation.”
TOP: APOLLO 14 ASTRONAUT INSTALLING RADIO-ISOTOPE MATERIAL IN THE THERMOELECTRIC GENERATOR (TEG).
BOTTOM: THE TEG POWERED COMMUNICATIONS AND LASER TRIANGULATION FOR MEASUREMENTS ON THE MOON.
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A mechanical engineer by trade, Kennedy was born and raised in Ottawa. “I always liked to understand how things work and I was good at math and science, so my teachers encouraged me to go into those fields,” she recalls. “I think I liked knowing that it was an unusual career path. I viewed it as something fun and exciting, different from what most women were doing at that time.”
She completed a Bachelor of Applied Science and Mechanical Engineering at the University of Waterloo. “The co-op work experience was huge because I never would have guessed that I love being in a factory, but I realized I do!” she smiles. “I worked at the Canadian Space Agency and then at Honda Canada in their plant in Ontario. I fell in love with manufacturing.”
Kennedy went on to complete a double degree at MIT – a Masters of Mechanical Engineering along with a Masters of Science of Management – on a full scholarship, sponsored by manufacturing giants like Boeing, Ford, Hewlett Packard and ABB. She eventually wrote her thesis on manufacturing strategy for ABB in Finland.
She worked in California and Europe, and eventually landed in Calgary in 2008. She joined Gentherm’s manufacturing business in 2014.
Today, GPT manufactures products at its Calgary and Bassano facilities. The M-Series uses a top tier Japanese engine, whereas the TEGs are completely vertically integrated, from the base commodities all the way up to the TEG itself.
“We have a wide range of backgrounds – trades and profession, rural and urban – but overall we’ve got a lot of employees who really roll up their sleeves and get things done,” she says proudly of GPT’s team. “They’re very enthusiastic about solving problems, and unique in the world in their ability and understanding of thermoelectronics.”
“We really don’t have any competitors in the TEG industry,” she continues, “and that’s because of the tenure and experience of our people in Bassano and Calgary. The knowledge, specialty skill and unique equipment that we have there. Most people probably don’t realize how unusual these skills are for a small community like Bassano.”
TOP: MX ULTRA-HIGH EFFICIENCY GENERATORS ASSEMBLY LINE IN CALGARY, MIDDLE: GPT’S PANEL SHOP TEAM BUILD TEG, MX AND CUSTOM PROJECT ELECTRICAL PANELS.
BOTTOM: INTEGRATION TEAM PLANNING THEIR WORK FOR THE DAY.
While TEGs comprise the majority of GPT’s business, it sees its largest growth in greenhouse gas mitigation solutions including the M-Series and instrument air space. “About 25 per cent of what we sell is domestic to Canada, while 75 per cent is exported all over the world, to just about every continent except Europe,” Kennedy says.
In Canada and Alberta, in particular, where emissions are highly regulated and a carbon trading system is in place, the instrument air solutions are quite popular. In the U.S., while emissions statements are mostly voluntary, the move towards ESG has spurred greater interest in environmental solutions.
“In Latin America, our engines are preferred because they’re familiar,” Kennedy adds. “It’s the same highly reliably engine technology that you would find on any other existing generator or in your car. So that means the maintenance team already knows how to service and maintain our products. That’s a big benefit around the world, but especially in places where local teams can do the service without specialized training.”
With around 100 employees (roughly 60 in Calgary, 40 in Bassano and a small group in Texas), GPT’s culture emphasizes a realistic work-life balance which recognizes the importance of family and community. “We like to have people that are passionate about the work they do and enjoy the challenges we have,” Kennedy says. “They have opportunities for cross-functional development and to work on new technologies. We also like to emphasize that we’re working towards environmental solutions because that passion drives curiosity and interest for us all.”
The company supports its local communities in various ways depending on the particular need year to year. It sponsors community events, school scholarships and local sports teams, for example. An employee matching program ensures GPT’s charity dollars go to causes supported by its employees.
A single mother to a 12-year-old girl, Kennedy considers Calgary the ideal headquarters for GPT because it’s a great place for families. “We’re lucky to have a great balance of lifestyle for our people in Calgary where tradespeople and professionals work together on product development, integration, sales and admin. And in Bassano, it’s a really different feeling with the rural farming background. All our people are hands-on, problem solving, family-oriented people and that really benefits GPT.”
To the moon and back, GPT’s products reliably power the critical infrastructure so many rely on. That they originate here is something to celebrate.
Rising Above the Rhetoric Why School Choice is the Best Choice
One of the most profound choices a parent can make to set their child up for success is choosing the right school. In Alberta, independent schools strengthen and expand the choices available to parents in the public system. That’s why, since 1958, the Association of Independent Schools and Colleges in Alberta (AISCA) has championed independent schools as excellent choices available to parents across the province. If a student requires a school that has a particular academic focus, upholds certain religious values or provides extra care for a child with additional needs, AISCA’s member schools are an option.
Simply put, choice is a good thing. In fact, it is everything when one considers making some of the
most important decisions in life, including where your child is educated. Yet there are many myths that still exist about independent schools. A notable myth is that they are only for the wealthy few. However, various reports and statistics have refuted that argument. For example, 82 per cent of Alberta families who choose to send their child to an independent school have the same income as families at public schools. Furthermore, many independent school families make considerable financial sacrifices to cover any extra costs in order to access an education option where their children are thriving.
Another myth that still presents itself is that cutting funding to independent schools would “save” the government hundreds of millions of dollars – the facts do not bear this
out. Research has consistently indicated that independent schools have saved the taxpayer hundreds of millions of dollars, with one research paper putting the amount at $750 million dollars over a five-year period.
The math is relatively simple. All Albertan taxpayers contribute tax dollars to the cause of educating children in Alberta. Independent schools receive around $5,000 per child per year of that tax money; public and separate schools received around $13,000 in education grants, capital investments and transportation dollars to educate a child for a year. For independent schools to operate, parents pay tuition, run fundraisers and ask their supporting community for donations. Schools must also find efficiencies and be selective in what they offer and how they operate. In other words, it takes much sacrifice on the part of parents and the independent school community.
Financials aside, the challenges of the COVID-19 pandemic have reflected positively on the ability of independent schools to be responsive to parent and student needs. In a poll conducted by Leger, for the Fraser Institute, parents of children in independent schools were less worried about their children falling behind in their studies and their school’s ability to make up for lost time. Eighty-four per cent (84%) of respondents reported that the pandemic had only a minimal or small impact compared to 64 per cent of parents with children in public schools.
School choice is a fine idea in theory, but does it work in practice? Evidence suggests that the benefits of improving educational diversity are clear. Alberta’s choice-based system
performs very well when compared to other provinces and countries. Achievement test and diploma exam scores at Alberta’s independent schools are above the provincial average and contribute to the overall system success. In neighbouring British Columbia, research has found that students from families with comparable incomes achieve higher test scores on average at independent schools than at their public counterparts.
Furthermore, independent schools display a high degree of accountability and transparency by teaching the Alberta curriculum, requiring that all teachers must be certified to teach by the Government of Alberta, complying with the Education Act and other legislation, and providing audits, three-year plans, annual educational results reports and OH&S inspections to the Ministry of Education. All independent schools are monitored through school site visits and through surveys to students, teachers and parents to ensure the needs of students are being met. The results of these surveys indicate that independent schools are safe and caring, successfully prepare students for life after school, prepare students for their roles as citizens and support parental involvement.
Myths regarding independent schools will continue to exist – but they simply aren’t supported by facts. According to the Fraser Institute, one in 16 Canadian students attend independent schools, which are often rural and have a religious or specialty emphasis. It’s time to deal with facts and open an honest dialogue on the valuable role that independent schools serve for thousands of parents and students in Alberta.
ALL INDEPENDENT SCHOOLS ARE MONITORED THROUGH SCHOOL SITE VISITS AND THROUGH SURVEYS TO STUDENTS, TEACHERS AND PARENTS TO ENSURE THE NEEDS OF STUDENTS ARE BEING MET. THE RESULTS OF THESE SURVEYS INDICATE THAT INDEPENDENT SCHOOLS ARE SAFE AND CARING, SUCCESSFULLY PREPARE STUDENTS FOR LIFE AFTER SCHOOL, PREPARE STUDENTS FOR THEIR ROLES AS CITIZENS AND SUPPORT PARENTAL INVOLVEMENT.
Strathcona-Tweedsmuir School (STS) is taking a bold step towards the future in establishing a new dynamic partnership with Calgary's innovation hub - Platform Calgary.
Be the first to learn about this unique collaboration between secondary education and industry that will create exceptional learning opportunities for high school students while supporting Calgary's rapidly changing economy.
about an alternative hybrid high school program launching this year
A CAMPAIGN FOR UNCONVENTIOAL GREATNESS
The ripple effect is enormous. Let’s talk about the legacy you could create.
ABOUT THIRD ACADEMY
We are advocates for the exceptional students and families who believe there is more for them out there.
Honouring who we are and who we can become as people. Encouraging exploration. Validating people’s strengths. Awakening feelings of confidence and self-worth. Giving hope to families who have no other place to turn to.
We’re about breathing room. Empathy and understanding. Inclusive values. Safe spaces. Hope.
People passionate about success. Engaging activities. New friendships. Real world connections. Personalized learning. Fun environment to learn in.
DIRECTORY
Airdrie Christian Academy
Preschool, ECS, Grades 1 - 12 77 Gateway Drive NE, Airdrie AB T4B 0J6
Phone: (403) 948-5100 connect@airdriechristian.com www.airdriechristian.com
Aurora Learning Calgary
Grades 3 – 12 Unit 137, 5305 McCall Way NE, Calgary, AB T2E 7N7 Phone: (403) 277-9535 Calgary.admin@sterling.education
Banbury Crossroads School
J/K, ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 B1 #201, 2451 Dieppe Avenue SW, Calgary, AB T3E 7K1
Phone: (403) 270-7787 • Fax: (403) 270-7486 general@banburycrossroads.com www.banburycrossroads.com Offers Home Education Program Offers Home Education Blended Program
Bearspaw Christian School
Jr. K, Sr. K, Grades 1 – 12 15001 - 69 Street NW, Calgary, AB T3R 1C5
Phone: (403) 295-2566 • Fax: (403) 275-8170 info@bearspawschool.com www.bearspawschool.com
Bright Path Early Learning Inc
Early Learning Childcare 201, 200 Rivercrest Drive SE, Calgary, AB T2C 2X5 Phone: 1-188-808-2252 dkearns@brightpathkids.com www.brightpathskids.com
Calgary Academy - Academy Program
This program helps students understand their own unique way of learning, builds on strengths, and develops transferrable skills and strategies that empower learning and open up a world of possibilities. Grades 2-Grade 12 1677 93 St SW, Calgary, AB T3H 0R3 403-686-6444 admissions@calgaryacademy.com www.calgaryacademy.com
Calgary Academy - Collegiate Program
This grade-level program focuses on increased independence, enabling students to collaborate, challenge themselves, and engage richly with the world around them.
Grades 4–12
1677 93 St SW, Calgary, AB T3H 0R3 403-686-6444 admissions@calgaryacademy.com www.calgaryacademy.com
Calgary Academy - Blended+
A personalized anywhere, anytime program that empowers students to learn in a way that works best for their lives, combining experiential off-campus community learning, highly supported instruction, and flexible remote and in-person classes combined. Students in Blended+ can still take part in all CA has to offer, including athletics, clubs, drama productions, and Integrated Studies. Grades 9-12
1677 93 St SW, Calgary, AB T3H 0R3 403-686-6444 admissions@calgaryacademy.com calgaryacademy.com
Calgary Chinese Alliance School
Grades 1 – 12
150 Beddington Boulevard NE, Calgary, AB T3K 2E2
Phone: (403) 274-6923 • Fax: (403) 275-7799 chineseschoolcalgarychinesealliance.org
Calgary Chinese Private School
K, Grades 1 – 6, Grades 7 - 9, Grades 10 - 12 128 2nd Ave SW, Calgary, AB T2P 0B9 Phone: (403) 264-2233 • Fax: (403) 282-9854
Calgary French & International School
Full French immersion for Preschool to Grade 12 & Embark early transitional immersion for Grades 1 & 2 700 - 77 Street SW, Calgary, AB T3H 5R1 (403) 240-1500 www.cfis.com
Calgary German Language School Society
Preschool - Grades 12, Adult Classes located at Bowcroft Elementary 3940 73rd Street NW, Calgary, AB T3B 2L9 germanlanguageschoolcalgary@gmx.com www.germanlanguageschoolcalgary.com/index.html
Beatrice Binmore (Chair) Steve Zitterer (Secretary) Dagmar Blaettermann (Treasurer)
Calgary Islamic Private School Akram Jomaa Campus
Grades K - 12 2612 - 37 Avenue NE, Calgary, AB T1Y 5L2
Phone: (403) 248-2773 • Fax: (403) 569-6654 info@cislive.ca
Principal: Mr. Asad Choudhary
Calgary Islamic School K, Grades 1 - 6, Grades 7 - 9 225 - 28 Street SE, Calgary, AB T2A 5K4
Phone: 587-353-8900 • Fax: 587-353-8999 info.omar@cislive.ca
Omar Bin Al-Khattab Campus
Calgary Italian School
Calgary Italian School
Accredited Language School Age 5 – Grade 12, Adults 416, 1st Ave NE, Calgary, AB T2E 0B4
Phone: (403) 264-6349 clcic@shaw.ca www.italianschoolcalgary.com
Calgary Jewish Academy
Nursery - Grade 9 6700 Kootenay Street SW, Calgary, AB T2V 1P7
Phone: (403) 253-3992 • Fax: (403) 255-0842 info@cja.ab.ca www.cja.ab.ca
Calgary Mandarin School
Grades 10 – 12 #110, 138 - 18 Ave SE, Calgary, AB T2G 5P9 Phone: (587) 718-8138 • Fax: (403) 228-5330
Calgary Quest School
ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 3405 Spruce Drive SW,. c/o Spruce Cliff Elementary Calgary, AB T3C 0A5
Phone: (403) 253-0003 • Fax: (403) 253-0025 info@calgaryquestschool.com
Calgary Waldorf School
Preschool, Kindergarten, Grades 1 - 9 515 Cougar Ridge Drive SW, Calgary, AB T3H 5G9 Phone: (403) 287-1868 info@calgarywaldorf.org www.calgarywaldorf.org
Chinook Winds Adventist Academy
ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 10101 - 2nd Avenue SW, Calgary, AB T3B 5T2 Phone: (403) 286-5686 • Fax: (403) 247-1623 lmelashenko@cwaa.net
Clear Water Academy
Junior Kindergarten, Kindergarten - Grade 6, Grade 7 - 12 3910 Quesnay Wood Drive SW, Calgary, AB T3E 8G1 Phone: (403) 240-7908 admissions@clearwateracademy.com www.clearwateracademy.com
Columbia College
Grades 10 – 12 802 Manning Road NE, Calgary, AB T2E 7N8 Phone: (403) 235-9300 • Fax: (403) 272-3805 Columbia@Columbia.ab.ca www.columbia.ab.ca
Delta West Academy
JK, K, Grades 1 - 12 414 - 11A Street NE, Calgary, AB T2E 4P3
Phone: (403) 290-0767 • Fax: (403) 290-0768 www.deltawestacademy.ca
Eastside Christian Academy
ECS – 9 Home Schooling Options 1320 Abbeydale Drive SE, Calgary, AB T2A 7L8
Phone: 403-569-1003 • Fax: (403) 569-7557 admin@eastsidechristianacademy.ca www.eastsidechristianacademy.ca Offers Home Education Blended Program
Building the future of independent school education
West Island College (WIC) is developing future leaders. Going above and beyond academics, real-world experiential learning opportunities empower students to become well-rounded citizens prepared for our global world.
Smaller class sizes, English and Continuing French Immersion and a close-knit community are integral to creating an environment dedicated to student success.
Building the future together
With the recent acquisition of 30,000 square feet of additional space, the Wolves Den challenges students and staff to discover what makes them live well. The Student Success Centre, spin and yoga classes and a new meditation and prayer room, also allow the school community to incorporate small consistent actions to support their well-being.
“Growth is an important focus area for our school,” says Director of Admissions Erlynn Gococo. For example, a newly built 40-foot by 65-foot multipurpose educational greenhouse contributes to unique handson learning experiences for students.
Unleashing student potential
By igniting and inspiring passion through innovative and diversified programming, students engage in potential career paths that boost their post-secondary opportunities.
“The Institute Program allowed me to experience a diverse set of activities and do a deep dive into different areas to find out what I am passionate about,” says alumnus Thomas Graham. Upon graduation, they obtained Business, Fine Arts and Engineering Institute Certificates.
Building safe, healthy and engaging classrooms
WIC is committed to creating a diverse learning environment. In doing so, it enriches the school community’s way of thinking and develops a sense of unity and collaborative spirit. WIC embraces all forms of identity that include race, ethnicity, gender, religion, socioeconomic status, sexual orientation and physical ability.
Ready to learn more?
Apply now for the 2023/24 school year. Intake years at WIC are Gr. 7 and Gr. 10, though the College sometimes has limited space in other grades.
For more information, please visit the school website. Contact Admissions at 403-444-0023 or email admissions@mywic.ca to schedule your personal tour.
WIC seeks students who are ready to embrace the College’s motto: Be Bold. Be Brave. Be Ready.
Edison School
ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12
Site 11, P.O. Box 2, R.R. 2 Hwy 2A, 1KM North of Okotoks, AB T1S 1A2
Phone: (403) 938-7670 • Fax: (403) 938-7224 office@edisonschool.ca www.edisonschool.ca
Equilibrium School
707 - 14 Street NW, Calgary, AB T2N 2A4
Phone: (403) 283-1111 • Fax: (403) 270-7786 school@equilibrium.ab.ca www.equilibrium.ab.ca
Foothills Academy
Grades 3 - 12 745 - 37 Street NW, Calgary, AB T2N 4T1 Phone: 403.270.9400 Fax: 403.270.9438 Email: admissions@foothillsacademy.org www.foothillsacademy.org
Greek Community School of Calgary
Grades K - 6 1 Tamarac Crescent SW, Calgary, AB T3C 3B7
Phone: (403) 246-4553 • Fax: (403) 246-8191 admin@calgaryhellenic.com; greekschool@calgaryhellenic.com www.calgaryhellenic.com/Our-School
Halpern Akiva Academy
Nursery, Pre-Kindergarten, ECS, Grades 1 – 6, Grades 7 - 9 140 Haddon Road SW, Calgary, AB T2V 2Y3 Phone: (403) 258-1312 • Fax: (403) 258-3812 office@akiva.ca www.halpernakiva.ca
Janus Academy
Grades 1 - 12 2223 Spiller Road SE, Calgary, AB T2G 4G9 Phone: (403) 262-3333 • Fax: (403) 693-2345 contact@janusacademy.org www.janusacademy.org
Khalsa School Calgary Educational Foundation
ECS, Grades 1 - 6, Grades 7 - 9 245228 Conrich Road, Calgary, AB T2M 4L5 Phone: (403) 293-7712 • Fax: (403) 293-2245 cheryl.steadman@khalsaschoolcalgary.ca
Lycée international de Calgary
Calgary’s Private French School - A Passport to the World Preschool to Grade 12 4099 Garrison Blvd. SW, Calgary, AB T2T 6G2
Phone: (403) 243-5420 Ext 123 admissions@lycee.ca www.lycee.ca
LYNX
3311-49 Street SW Calgary T3E 6M6
Grades ECS and Grades 1-9 Ph 4032885335 info@lynx.education www.lynx.education
Maria Montessori Education Centre of Calgary (MMEC)
Toddler, Preschool, ECS, Grades 1 - 9 2634 12 Ave NW, Calgary, AB T2N 1K6 Toddler, Preschool, ECS 1721 29 Ave SW, Calgary, AB T2T 6T7 403-668-8538 info@mmec.ca www.mmec.ca
Montessori School of Calgary
Preschool (3 - 6 yrs), Grades 1 - 6 2201 Cliff Street SW, Calgary, AB T2S 2G4
Phone: (403) 229-1011 • Fax: (403) 229-4474 admissions@msofc.ca www.montessorischoolofcalgary.com
Mountain View Academy
ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 3915 34 Street NE, Calgary, AB T1Y 6Z8
Phone: (403) 217-4346 • Fax: (403) 249-4312 Office@mountainviewacademy.ca www.mountainviewacademy.ca
New Heights School and Learning Services
D.S.E.P.S. | ECS, Preschool (2 ½ - 6 years), Grades 1 – 12 2521 Dieppe Avenue SW, Calgary, AB T3E 7J9
Phone: (403) 240-1312 info@newheightscalgary.com www.newheightscalgary.com
North Point School for Boys
Accredited / Eligible for Funding
Taping into boys’ natural curiosity and energy as a foundation for lifelong learning as we Teach Boys the way Boys Learn. Grade K-9. Richmond Campus: 23334 - 23 Ave. SW, Calgary, AB, T2T 0W3
Phone: (403) 744-5214 info@northpoint.school www.northpoint.school
North Point School for Girls
Accredited / Eligible for Funding
Teaching Girls in an environment that is suited for their specific needs as we build their self-confidence and allow girls to develop their passions. Grade K-9.
Currie Campus: Building B6, 2509 Dieppe Ave. SW, Calgary, AB, T3E 7J9
Phone: (587) 393-6699 info@northpoint.school www.northpoint.school
North Point High School
Accredited / Eligible for Funding
In our co-educational High School we bring our girls and boys back together to create a more robust social environment as we Launch Leaders who can successfully navigate the adventure that awaits. Grade 10-12.
Currie Campus: Building B6, 2509 Dieppe Ave. SW, Calgary, AB, T3E 7J9
Phone: (587) 393-6699 info@northpoint.school www.northpoint.school
Phoenix Education Foundation
Kindergarten (k), Home Education (1 - 12) BlendEd (1 - 9)
Online (1 - 9) 320 19 Street SE, Calgary, AB T2E 6J6
Phone: (403) 265-7701 • Fax: (403) 275-7715 info@phoenixfoundation.ca Offers Home Education Program
Renert School
School for Girls: Grades 4 - 9 14 Royal Vista Link N.W Calgary, AB T3R 0K4
Phone: (403) 291-5038 Ext 1800 www.renfreweducation.org
Renfrew Educational Services - Assessment and Therapy Services For children, adolescents and adults KimLaCourse@renfreweducation.org
Renfrew Educational ServicesAssessment and Therapy Services
ECS for children with special needs 8620 – 48th Avenue NW, Calgary, AB T3B 2B2
Phone: (403) 291-5038 • Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org
Door-to-door bussing available
Renfrew Educational ServicesBowness Centre
ECS for children with special needs 8620 – 48th Avenue NW, Calgary, AB T3B 2B2
Phone: (403) 291-5038 • Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org
Door-to-door bussing available
Renfrew Educational ServicesChild Development Centre
ECS for children with special needs 3820 – 24th Avenue NW, Calgary, AB T3B 2X9
Phone: (403) 291-5038 • Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org
Door-to-door bussing available
Renfrew Educational ServicesJanice McTighe Centre
ECS for children with special needs and grades 1-6 for children with special needs 2050 - 21 Street NE, Calgary, AB T2E 6S5
Phone: (403) 291-5038 • Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org
Door-to-door busing available
Renfrew Educational ServicesThomas W. Buchanan Centre
ECS for typical children and children with disabilities and grades 1-6 for children with disabilities
75 Sunpark Drive SE, Calgary, AB T2X 3V4
Phone: (403) 291-5038 ext 1601• Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org
Door-to-door busing available
River Valley School
Pre-Junior Kindergarten (3 years) - Grade 6 3127 Bowwood Drive NW, Calgary, AB T3B 2E7
Phone: (403) 246-2275 • Fax: (403) 686-7631 admissions@rivervalleyschool.ca www.rivervalleyschool.ca
Rundle Academy
Our premier program meets the needs of students who have a diagnosed learning disability with or without ADHD. Our students are in the average to above-average range of intellectual functioning and thrive in a caring learning community while developing confidence, self-esteem, and motivation. Grades: 4–12 4330 16 Street SW, Calgary, Alberta T2T 4H9
Phone: (403) 291-3866 www.rundle.ab.ca/academy • admissions@rundle.ab.ca
Rundle College
Following Rundle’s Pathways to Learning philosophy, students’ high academic achievement is elevated by a multitude of co-curricular, character, and leadership-building programs. Our College program consistently ranks top in the province. Grades: K–12 7375 17 Avenue SW, Calgary, Alberta T3H 3W5
Phone: (403) 291-3866 www.rundle.ab.ca/college • admissions@rundle.ab.ca
Rundle Studio
We provide a dynamic, interactive online learning environment for students with diagnosed learning disabilities with or without ADHD. A first of its kind in Alberta, this virtual school is designed to meet our students’ personal learning styles, regardless of geographic location. Grades: 7–10
Administrative Office | 7379 17 Avenue SW, Calgary, Alberta T3H 3W5
Phone: (403) 291-3866 www.rundle.ab.ca/studio • admissions@rundle.ab.ca
Rundle College Society
Rundle is a private, post-secondary preparatory, co-ed, day school. Small class sizes, enriched curricula, and diverse co-curricular opportunities are pillars of our distinct academic programs: the Academy (4–12), College (K–12), and virtual Studio (7–10). 7379 17 Avenue SW, Calgary, AB T3H 3W5
Phone: (403) 291-3866 www.rundle.ab.ca • rundle.ab.ca
Strathcona-Tweedsmuir School (STS)
STS is a diverse community where students pursue lives of purpose, flourishing emotionally, physically, and intellectually. Situated on a 220-acre campus near Calgary, STS offers academic excellence and a strong sense of community from Kindergarten to Grade 12 as Alberta’s only independent International Baccalaureate (IB) continuum school. STS offers a rich learning environment where students can expect more, including small class sizes, integrated learning, over 90 cocurricular activities, a focus on health and wellness, city-wide bussing, and scholarships, all in unique, natural surroundings. RR 2, Okotoks, AB T1S 1A2
Phone: (403) 938-8326 • admissions@sts.ab.ca www.strathconatweesdsmuir.com
Tanbridge Academy
K - Grade 9 178003 – 112 St. W, Foothills, AB T2S 0V8 (Corner of Hwy 22x and 53rd Street)
Phone: (403) 259-3443 info@tanbridge.com www.tanbridge.com Bussing available
The Chinese Academy
Saturday classes from Kindergarten to Grade 12 Grade 11 and 12 International Baccalaureate Chinese Classes Campuses: Sir John A Macdonald School, John G. Diefenbaker High School 191, 1518 Centre St. NE, Calgary, AB T2E 2R9 Phone: (403) 777-7663 • Fax: (403) 777-6228 thechineseacademy@gmail.com “The largest heritage language school in Alberta.”
Third Academy West 3311-49 Street SW
Calgary T3E 6M6 Grades 1-9 Ph 4032885335 info@thirdschools.ca www.thirdacademy.ca
Third Academy East
400 Prince of Peace Way Calgary T1X 1G2 Grades 1-12 Ph 4032885335 info@thirdschools.ca www.thirdacademy.ca
Tyndale Christian School
ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 28 Hart Estates Blvd. NE, Calgary, AB T1X 0L3 Phone: (403) 590-5881 • Fax: (403) 590-6998 tcs@tyndalecalgary.ca
ursa
400 Prince of Peace Way Calgary T1X 1G2 Grades 1-12 Ph 4032885335 info@ursa.education www.goursa.education
Webber Academy
JK and Kindergarten, Grades 1 – 6, Grades 7 - 9, Grades 10 – 12 1515 - 93 Street SW, Calgary, AB T3H 4A8 Phone: (403) 277-4700 • Fax: (403) 277-2770 psutherland@webberacademy.ca www.webberacademy.ca
West Island College
Grades 7 - 12 7410 Blackfoot Trail SE, Calgary, AB T2H 1M5 Main: (403) 255-5300 • Fax: (403) 252-1434 Admissions: (403) 444-0023 admissions@mywic.ca www.wicyyc.ca
Yufeng Chinese School
Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 708 44 Avenue NW, Calgary, AB T2K 0J4
Phone: (403) 289-7876 • Fax: (403) 210-0261
Alternative
Banff Hockey Academy
Grades 7 – 12 • College bound hockey athletes Box 2242 Banff, Alberta T1L 1B9
Phone: 1-888-423-6369 • Fax: (403) 760-0868 registrar@banffhockey.ab.ca • www.banffhockey.ab.ca
Calgary Christian School
Preschool - Grade 12
Elementary Campus (Preschool - Grade 6): 2839 - 49th Street SW, Calgary, AB T3E 3X9 Secondary Campus (Grades 7-12): 5029 - 26 Avenue SW, Calgary, AB T3E 0R5
Phone: (403) 242-2896 • admissions@calgarychristianschool.com www.calgarychristianschool.com
Calgary Girls School
Grades 4 - 9 6304 Larkspur Way SW, Calgary, AB T3E 5P7
Phone: (403) 220-0745 Judi.hadden@calgarygirlsschool.com • www.calgarygirlsschool.com
Edge School
Grades 4 - 12 33055 Township Road 250, Calgary, AB T3Z 1L4 Phone: (403) 246-6432 • Fax: (403) 217-8463 info@edgeschool.com • Website:www.edgeschool.com
Glenmore Christian Academy
JK to Grade 5, Grade 6 - 9 16520 – 24 Street, SW, Calgary, AB T2Y 4W2 Phone: (403) 254-9050 admissions@gcaschool.com • www.gcaschool.com
Heritage Christian Academy
ECS, Grades 1 - 12 2003 McKnight Boulevard, NE , Calgary, AB T2E 6L2 Phone: (403) 219-3201 • Fax: (403) 219-3210 www.hcacalgary.com
Master’s Academy
ECS, Grades 1 - 6 4414 Crowchild Trail SW, Calgary, AB T2T 5J4 Phone: (403) 242-7034 • Fax: (403) 242-3515 www.masters.ab.ca
Master’s College
Accredited / Eligible for Funding Grades 7 - 12
4414 Crowchild Trail SW Calgary, AB T2T 5J4 Phone: (403) 242-7034 • Fax: (403) 242-4629 www.masters.ab.ca
Menno Simons Christian School
ECS, Grades 1 - 9
7000 Elkton Drive, SW, Calgary, AB T3H 4Y7
Phone: (403) 531-0745 • Fax: (403) 531-0747 linda.best@pallisersd.ab.ca www.mennosimonschristianschool.ca
Trinity Christian School
ECS, Grades 1 - 9 #100, 295 Midpark Way SE, Calgary, AB T2X 2A8 Phone: (403) 254-6682 • Fax: (403) 254-9843 www.tcskids.com
THE BUOYANT REAL ESTATE MARKET
DESPITE HEADWINDS, CAUTIOUS OPTIMISM
BY JOHN HARDYAll things considered – mortgage rate spikes, affordability, inflation, sales-listings ratios and some lingering blips and issues – the Calgary real estate market finished the year reasonably well. And Calgary realtors have cautious optimism about 2023.
According to CREB chief economist Ann-Marie Lurie, Calgary’s 2022 property sales cooled by nearly 12 per cent, compared with the year before, while the market for more affordable housing made definite gains.
By year’s end, while demand for detached housing slowed for the sixth month in a row, the decline was attributed to a narrowing segment of the market – homes priced around $500,000. CREB also noted that a significant reduction in supply left few options for potential Calgary purchasers, while condos and row houses had sales increases.
The Calgary re-sale market ended the year with benchmark house prices rising year-over-year, to the $527,000 range. CREB also explained that the shift to more balanced conditions is causing some adjustments to Calgary home prices.
The real estate sector is notorious for forecasting trends by looking ahead and year-to-year comparisons. It is also a key reason for the cautious optimism about 2023.
“There is no doubt about it. 2022 was an outstanding year for Calgary’s real estate market,” says the upbeat Mary-Ann Mears, managing broker with Sotheby’s International Realty Canada. “Calgary has become a shining light of opportunity for buyers, as they have greater purchasing power in this market. The employment rate in Calgary remained the lowest
“CALGARY IS STILL CONSIDERED AFFORDABLE.
nationwide, representing a bolstering job market and further driving real estate sales.
“And comparing the cost of living in other urban centres like Toronto and Vancouver, Calgary has become an obvious
ABOVE: JAMIE PALMER, PRESIDENT OF CALGARY’S POWER PROPERTIES.
IN REAL ESTATE MARKETS ACROSS CANADA, MORTGAGE RATES AND INFLATION ARE AFFECTING AFFORDABILITY, ESPECIALLY FOR FIRST TIME BUYERS. IT IS ALSO TRANSLATING OUT TO CONCERNS ABOUT THE RENTAL MARKETS. IN CALGARY, AND THROUGHOUT MOST OF THE COUNTRY, RENTS ARE SPIKING AT AN UNPRECEDENTED
PACE. ACCORDING TO ONE RECENT RENTAL SECTOR SURVEY, THE AVERAGE RENT ACROSS CANADA IS $1,976 – A 12 PER CENT INCREASE.
choice for young professionals looking to invest in top-tier real estate. With rising inflation and a looming recession, buyers are taking solace in the Calgary market.”
Compared to last year’s Calgary real estate market shifts, and despite the multiple Bank of Canada rate hikes triggering higher mortgage rates, there is a palpable consensus of positivity about the 2023 Calgary real estate market.
Respected Calgary realtor and former CREB chair Lorna Hamm points out that, last year, the Calgary market was most impacted by a vibrant market as well as a bit of a slow down due primarily to the rise in interest rates. “Even though expectations of Alberta’s economy improving gives hope and optimism to consumers, it is hard to know what to expect in Q1 and Q2. We have been surprised so many times lately. The new year always brings added real estate activity that could result in a balanced market, and I am guessing we will be fairly balanced in the first half of this year, and perhaps see an upswing in the last half of 2023. We may get another bump-up in interest and mortgage rates but, early this year, interest rates and mortgage rates should stabilize and maybe even come down a bit in Q4.”
She adds that when it comes to Calgary’s real estate market, some things never change. “The 2023 Calgary market will still be impacted by consumer confidence, interest rates, employment opportunities, oil and gas prices and interprovincial migration.”
In real estate markets across Canada, mortgage rates and inflation are affecting affordability, especially for first time buyers. It is also translating out to concerns about the rental markets. In Calgary, and throughout most of the country, rents are spiking at an unprecedented pace. According to one recent rental sector survey, the average rent across Canada is $1,976 – a 12 per cent increase.
“The price of oil, the overall employment rate and interest rates have all traditionally impacted Calgary’s rental market,” says the plugged-in Jamie Palmer, president of Calgary’s Power Properties. “While Calgary is in the process of diversifying its economy and traditional oil companies are transitioning to energy companies, when the price of oil is high, demand for rentals in Calgary goes up.
“The employment rate obviously has a significant impact on the Calgary rental market and it impacts demand and how high rents can rise. The bottom line is when interest rates are low, it makes homeownership more accessible, so many renters can purchase a home for less than the rent, reducing demand for rental properties.” But he notes that that the opposite is also true.
“Like everywhere in Canada, demand for homes in Calgary has grown faster than the supply,” he says. “Calgary is still considered affordable. That fuels net migration and also demand for Calgary rentals. Unfortunately, during COVID, housing starts declined, creating fewer new rental properties. It combined with the rapid rise in real estate prices, prompting many landlords to cash out after years of poor returns, and it removed 10 to 15 per cent of Calgary rentals, creating a perfect storm of high demand and low inventory.”
There is optimism about Calgary’s 2023 new build, resale and rental real estate market. “The Calgary market is experiencing the same economic headwinds as the rest of Canada,” Mary-Ann Mears admits, “but despite the challenges, Calgary remains buoyant with consumer optimism and economic confidence. It has attracted many new residents from across Canada, especially from B.C. and Ontario, coming to work, live and play in the Calgary area.”
The Calgary Chamber exists to help businesses thrive. As the convenor and catalyst for a vibrant, inclusive and prosperous business community, the Chamber works to build strength and resilience among its members and position Calgary as a magnet for talent, diversification, and opportunity. As an independent, non-profit, non-partisan organization, we build on our 131year history to serve and advocate for businesses of all sizes, in all sectors and across the city.
Building the Calgary of Tomorrow
Infrastructure investments are key to long-term prosperity and economic success. New infrastructure not only improves quality of life for locals, but also attracts new talent, improves community vibrancy and safety, and creates new cultural experiences and opportunities for the city. Infrastructure investments are investments in people – they create jobs, reduce energy costs and pollution, and build more livable and inclusive communities.
REASONS TO INVEST
Attract new talent
Investing in infrastructure helps retain and attract new talent to Calgary, which is particularly critical in a labour shortage. People are attracted to dynamic cities with enhancing infrastructure including buildings, transit, sport
and recreation facilities, and cultural hubs like museums and theatres. These investments must be strategic and reflect the priorities of Calgarians.
Improve safety through community vibrancy
Post-pandemic, safety has become a significant issue in many Canadian cities. Investing in infrastructure can enhance community vibrancy and reduce crime, improving perceptions and feelings of safety. Allocating capital towards lighting, cleanliness and open spaces can positively impact communities.
Create new cultural experiences
Infrastructure tells a city’s story. A space can illicit certain feelings and perceptions, and reflects the personality of the city. For instance, public art can draw on the city’s
culture, environment and heritage. Calgary is now known for its murals across the city. The Saddledome defines our cityscape, and the renovations of Arts Commons and Glenbow Museum are a point of pride. We are known for our outdoor sports centres, including public skating rinks and WinSport –but all of these require ongoing investment.
CRITICAL INVESTMENTS
Culture and Entertainment District
World class sporting and concert venues attract athletes and artists, spurring an entertainment sector that ripples throughout the city – from hotels to taxis, and restaurants to streetside vendors. Artists and performers want to tour in Calgary but are often unable to due existing infrastructure challenges. Investment in a new entertainment district and event centre will attract artists, cultural experiences, sporting events, conferences and more.
Transit
Public transit connects people to employment, services and community, while decreasing emissions and alleviating traffic. Ongoing investment in the Green Line, transportation to the airport and transit to the mountains will help attract and retain talent across the city. Additionally, we recommend transit be free during major events, including Stampede, music festivals and major sporting events to increase accessibility and reduce traffic congestion.
Post-secondary institutions downtown
Investing in post-secondary institutions downtown is twofold: it brings more youth and vibrancy into the core and promotes learning new skills to meet the demands of our changing economy.
Youth between the 15 and 29 account for 18 per cent of the city’s total population, making young Calgarians a key part of the workforce. However, this group has also been the slowest-growing demographic over the last 20 years, emphasizing the need to retain the youth we currently have. The city must work with post-secondary institutions locally and nationally to move, open and expand campuses and residences within Calgary’s downtown core, bringing diversity and vibrancy at all hours of the day.
Investments in downtown
Leveraging existing infrastructure can improve the vibrancy of Calgary’s downtown. By providing flexibility in municipal zoning and converting vacant office towers into housing units, more housing options are available to all incomes, allowing more people to call Calgary home.
Creative approaches to conversion can also be helpful, including affordable housing, three- and four-bedroom family housing, and student housing.
Sporting infrastructure
Sporting infrastructure – from elite to recreational –matters to the culture and community fabric of a city. We have seen how the FIFA World Cup has drawn international attention, community and comradery globally as countries’ soccer teams compete for a grand title. At the same time, family-friendly recreational facilities are hubs for community and connection. Calgary must invest in sporting infrastructure to position itself as a hub for recreational and elite sport, including a downtown recreational facility. Similarly, we must maintain existing venues like WinSport and the Olympic Oval through investment.
Corporate retreats are back in a big way, say local experts, who are seeing companies re-invest in a myriad of opportunities to bring their people together.
“They’re going all in. Organizations are re-investing in retreats because retreats offer unique opportunities that couldn’t be accessed for more than two years,” says Christine Dagenais, founder and CEO at Bright Wire Leadership, which has seen the number of corporate retreats it’s working on nearly double over the past six to eight months.
“The value that a company can get out of investing in a corporate retreat has become way higher than they it was pre-pandemic.”
Dagenais notes this increased appetite is taking place across the board – from manufacturing to health care, transportation to energy and retail to hospitality. Many essential service-type companies, in fact, never stopped working on retreat-like events with Bright Wire during the pandemic.
This is natural, she says, given the cross-sectorial need for good leadership skills and organizational teamwork has never gone way.
“There are executive teams out there that believe, no matter what, when people can come together and collaborate, they are higher performing – the mindset that together we’re better,” says Dagenais.
DAGENAIS.
Denise Burrell, senior partner at The Performance Group, says her company saw many organizations hunkering down since the pandemic. And while she agrees that a resurgence makes sense, she hasn’t seen a full return quite yet.
“What I am starting to see, however, is team-building events emerge where leaders are pulling smaller groups together to ensure everyone is clear on the purpose,” says Burrell, whose speciality includes team building and strategic planning at The Performance Group, which supports organizations ranging from family-owned small businesses to multinational corporations and all levels of government.
One of the notable trend changes to corporate retreats comes from the proliferation of remote workforces. Given that many employees now live in different cities – or even different parts of the world – than their employers, many organizations are having to think more creatively.
This is leading to an evolution in more sophisticated hybrid events or, alternatively, much larger budgets for nontraditional out-of-town locations.
“We’re definitely seeing companies more readily fly their people into retreat locations because they know appeal of a retreat is heightened right now,” says Dagenais. “And if they can offer unique and memorable experiences, then there seems to be an incremental willingness to spend to create that ‘wow’ factor for employees in a way that wasn’t before.”
When it comes to hosting the ideal retreat, it’s not all about just fun and games, say the experts.
“The most impactful retreats are ones that will pull people out of their element in order to make broad strides in trust and togetherness,” says Tim Sweet, principal coach and consultant at Teamwork Excellence, which offers coaching to both leaders and teams within industries such as sports
“THERE ARE EXECUTIVE TEAMS OUT THERE THAT BELIEVE, NO MATTER WHAT, WHEN PEOPLE CAN COME TOGETHER AND COLLABORATE, THEY ARE HIGHER PERFORMING –THE MINDSET THAT TOGETHER WE’RE BETTER,” SAYSABOVE: CHRISTINE DAGENAIS, FOUNDER AND CEO AT BRIGHTWIRE.
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entertainment, petrochemicals, energy, logistics and information technology. Most of his work recently has been with start-ups and entrepreneurial organizations in the transition and technology spaces.
“Yes, it can have a strategic and even a fun element, but it should also have a focus on dealing with what you’re not talking about generally.”
In fact, Sweet says the goal of these retreats should be to freely have conversations about what matters most.
“Ask yourself, ‘what’s that one thing holding us back?’” says Sweet. “Figure that out, and then get out of the organization to deal with that one thing.”
Burrell adds corporate retreats should offer an opportunity for leaders and their staff to get out of the day-to-day and do some honest reflection – “appreciative inquiry that includes discussing what’s going well, where can we improve and how do we do that.”
“There’s benefit in the process – coming together and engaging with people in a totally different way.”
While corporate retreats can help rejuvenate employees, Burrell’s cautious if that’s the only intended outcome.
“If they’re rejuvenating people and not able to meet some of the organization’s fundamental needs, then, over time, people may start walking away,” she says. “If there’s not a lasting benefit and they feel leaders are not addressing their underlying concerns, they may start feeling jaded.”
Dagenais adds that companies should be strategic when timing their respective retreats.
“I’ve seen a lot of companies get over-zealous. But they can get over-used,” she says. “So, pace out the retreats. You want that impact to be sustained, not in excess.”
Burrell recommends leaders get their employees involved when planning retreats.
AS FOR WHERE TO GO, THE EXPERTS NOTE CALGARY
COMPANIES HAVE A CORNUCOPIA OF CHOICES –FROM KANANASKIS COUNTRY AND BANFF/LAKE LOUISE TO BEYOND IN LOCATIONS SUCH AS THE B.C.’S COLUMBIA VALLEY OR KOOTENAYS.
“We had one brand we worked with that was planning a retreat for all its staff, but found many of the front-line workers wouldn’t, couldn’t or didn’t want to be there because they had child-care issues and those kinds of things,” she says. “So, hosting something that’s representative of the organization is very important.”
It’s a sentiment shared by Sweet. In fact, he goes so far as to the say the rules of engagement have changed when it comes to the post-pandemic corporate retreat.
“There’s been a fundamental loss of trust between teams – even ones that have worked together for a long time,” he says. “For years, they didn’t have those regular reinforcements of together they had before the pandemic. They were exposed to their co-workers in different lights, whether that be their views on masking, social issues or political views. And they became skeptical around employee-employer relations – quiet quitting and those types of things.
“That means when it comes to holding a retreat, organizations have to be much more careful in ensuring employees see the benefit in participating.”
As for where to go, the experts note Calgary companies have a cornucopia of choices – from Kananaskis Country and Banff/Lake Louise to beyond in locations such as the B.C.’s Columbia Valley or Kootenays.
“Because of the abundance of recreational options in Alberta and B.C., we see a lot of our clients hosting corporate retreats during the spring and summer months because of the opportunities to get people outside and in nature. That seems to be where things are best energized,” says Burrell.
Meanwhile, Bright Wire has taken the innovative step of developing its own hybrid-equipped learning forum to meet increased demand for off-site retreats that are a bit closer to home.
Situated within Bright Wire’s offices on the 20th floor of the Ampersand Building along Fourth Avenue S.W., the soon-to-be-opened space overlooks the river valley, and includes amenities such as a fully private kitchen, private bathrooms, breakout rooms and large, multi-configurable meeting spaces.
“We asked clients, ‘if we build it, will you come?’ They asked if they could come tomorrow,” says Dagenais. “Companies want to go off site, but they don’t always want to go out to the mountains. This provides them access to an easily accessible space that allows them to have impactful conversations together.”
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Parker’s Pen
BY DAVID PARKERKudos to the Calgary Chamber of Commerce for making its concerns heard regarding the possible negative effects of the proposed Sovereignty bill.
For too long the Chamber seemed to be quite ineffective in representing business, but under the leadership of president and CEO Deborah Yedlin has become a strong voice and in this matter suggests to the government that the bill would not help attract investment to the province, or the employees we so need.
The Canadian Chamber has also joined in with a warning that a fight between the two levels of government could be detrimental to business growth, but Premier Danielle Smith seems to take little heed and continues to charge ahead regardless.
Meanwhile the NDP just stays quiet and waits with a growing amount of confidence, gleefully watching the polls.
I was interested to note that Alberto de Salvatierra, an assistant professor at the University of Calgary’s School of Architecture, Planning and Landscape is leading a project to come up with better uses for empty downtown parking stalls.
My first thought, of course, was if something needs doing about an overabundance of parking, then shouldn’t the city planning department and the Calgary Parking Authority be working together in addressing it?
Nevertheless, there are a lot of empty stalls in the downtown core today and de Salvatierra is to be commended for his keen interest, even though loss of parking is a bit of a scary thought for some. A concern is always the long term.
Hopefully more people will be returning to work downtown, requiring daytime usage, and no doubt some of the parking lots will be developed on which will bring down the number of empty spaces.
But more of concern today is one shared by Councillor Terry Wong – my pick as the councillor blessed with the most common sense – who says that parking is vital for commercial tenants in attracting customers who need to get to them in a vehicle.
Talked to a friend recently who told me that apart from visiting his dentist, he hadn’t been downtown for years. Bad enough the reason for the trip, but then having to find and pay for parking. Visiting my new doctor means paying for parking, but fortunately lab tests and x-rays are at Market Mall where there’s lots of free parking.
Problem is parking the person.
Arriving on a cold morning at 6:40 a.m. for blood tests at the lab that opens at 7:00 a.m., I thought I’d be first in line. I was number 12 and shortly afterward that number had more than doubled. Snaking around the rather bare corridor space, I felt for some of the people who looked as if they weren’t able to stand for 15 minutes – chairs or stools would be welcome.
Good advice: if you are travelling, no matter how heathy you feel, get health insurance. And secondly, make sure you are admitted to the Maui Memorial Hospital where I was a guest for a couple of weeks.
The doctors and nurses are exceptional; I had the best treatment and would you believe visitors enjoy valet parking?
Congratulations to Kevin Gregor of DHR International who has been awarded an honorary diploma by Bow Valley College. Gregor has been passionate in his support of BVC since its inception, as board member, fundraiser and chair of the Premier’s Luncheon.
Final Words
Do not add one straw to the burden another is carrying.