Author Archives: Sheldon Spackman

BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward
The Bank of Canada lowered its key interest rate by half a percentage point today but signalled a slower pace of rate cuts moving forward.The decision marked the fifth consecutive reduction since June...
Dec 11, 2024

Innisfail town council approves 2025 budget
Innisfail's town council approved an operating budget of $28,532,772 and a capital budget of $21,249,219 for 2025 during its regular meeting Dec. 9. Officials with the town report increasing operating...
Dec 11, 2024

Trudeau set to speak with premiers to tackle Trump's tariff plan
OTTAWA - Prime Minister Justin Trudeau is set to meet with provincial and territorial premiers this afternoon to talk Canada-U.S. relations. The premiers will virtually discuss a joint plan to tackle ...
Dec 11, 2024

Finance minister says government's fiscal update coming Dec. 16
OTTAWA - Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays. In a stateme...
Dec 09, 2024

GST break could cost Ottawa $2.7B if provinces don't waive compensation: PBO
OTTAWA - The parliamentary budget officer says the federal government's GST holiday could cost as much as $2.7 billion, if provinces don't waive their entitlement to compensation. The Liberal governme...
Dec 09, 2024

Salvation Army says holiday donations down 50 per cent since mail strike began
The Salvation Army says holiday donations are down 50 per cent since the Canada Post strike began, amounting to a drop of roughly $9.3 million in seasonal giving compared to this time last year. Mail-...
Dec 09, 2024

Upcoming Stars on Ice Holiday show to feature 8-year-old Maria Brant
Eight-year-old Maria Brant is set to take centre stage at the upcoming Stars on Ice Holiday show at the Peavey Mart Centrium.She'll join figure skating champion Kaitlyn Weaver in a performance set to ...
Dec 08, 2024

Rebels shut out by Swift Current Broncos on the road
The Red Deer Rebels scoring struggles continued on Saturday night as they were shut out 3-0 by the Swift Current Broncos.At the InnovationPlex in Saskatchewan, both goaltenders were on top of their ga...
Dec 07, 2024

Provincial government to invest over $1.5 million into skilled trades training for Indigenous students
The Government of Alberta plans to invest $1.5 million over the next three years in an effort to help Indigenous students meet the demands of residential construction.In a media release, the governmen...
Dec 07, 2024

Red Deer unemployment rate rises in November
The Red Deer region saw a rise in its unemployment rate last month, increasing from 6.6 per cent in October to 6.9 per cent in November. Still well below, however, a jobless rate of 7.9 per cent in No...
Dec 06, 2024