In response to calls from the Rural Municipalities of Alberta (RMA) and Alberta Municipalities (ABmunis) for action, the Government of Alberta is establishing a working group with municipal partners to develop an accountability strategy for unpaid oil and gas property taxes.Earlier this month, the RMA released the resu...

A Government of Canada announcement to develop an Arctic Over-The-Horizon Radar (A-OTHR) system in partnership with the Australian government is being called a "slap in the face" by a Canadian business that had their sights set on the project. On March 18, Prime Minister Mark Carney announced his intention to...

Alberta's Budget 2025 has allocated $10 million that, if passed, would support the Aboriginal Business Investment Fund (ABIF) to help community-owned Indigenous businesses buy or upgrade equipment and infrastructure needed to create jobs and contribute to sustainable and thriving communities. The ABIF program launched ...

This week's highlightsEquity markets snap weeks long losing streakBond yield mixed as Fed holds rates steady, readjusts growth and inflation projectionsCanada's annual inflation rate jumps to 2.6% in February as GST holiday endsU.S. Federal Reserve extends pause on rates, cuts outlook for growthEurozone inflation coole...

Alberta's government is proposing a law it says would ban federal employees from going on any oil-related sites -- from wellheads to corporate head offices - but the NDP says it's an illegal and performative distraction.Premier Danielle Smith says the goal is to keep federal staffers away from any place where oil and g...

Alberta Municipalities (ABmunis) has released a statement expressing concern about unpaid oil and gas property taxes, as the financial burden gets passed to municipalities and their residents instead. A member survey recently conducted by the Rural Municipalities of Alberta (RMA) found that as of Dec. 31, 2024, at leas...

Alberta Premier Danielle Smith says plans for cleaning up abandoned or inactive oil wells are to be made public in two weeks.She says public funding won't be needed for the new initiatives, despite a draft government report leaked to media that explicitly says the opposite.The report recommends creating new companies b...

Job scams are on the rise in Alberta. That's according to the Better Business Bureau (BBB), which serves Alberta and the east Kootenay region. BBB president and CEO, Mary O'Sullivan-Andersen, said research outlined in the BBB Scam Tracker Risk Report indicated these types of scams are increasing. "Making it the se...

Red Deer's home sales are off to a positive start in 2025, showing month-to-month growth as well as higher numbers than the same point last year.According to the latest Market Update from Central Alberta Realtors Association, the number of units sold in February 2025 rose to 130, up from 96 in January. This is also hig...

The Agriculture Financial Services Corporation (AFSC) is excited to announce Leona Staples, co-owner and operator of The Jungle Farm, as the recipient of its Notable Lifetime Achiever distinction in the 2025 Women in Ag Awards. "I am proud and excited to be a recipient and I extend my heartfelt thanks to AFSC and ...

A Red Deer company has been awarded a $6.98 million defence contract to provide Canada with top-of-the-line radar technology for securing our Arctic. The contract was granted to Atco Inuvialuit Frontec Services Ltd. as the primary contractor for $48.4 million, who has sub-contracted Technalogix, a local company, to con...

This week's highlightsNorth American markets continue to recede amid trade turmoilBonds benefit from safe haven flowsBank of Canada cuts key rate to 2.75% as trade war rattles economyU.S. inflation hit 2.8% in February, less than expectedGerman industrial production rose at start of 2025Week in ReviewNorth American mar...

The Government of Alberta has announced it will now collect bitumen royalties in-kind (BRIK) in addition to conventional royalties in-kind (CORIK) in an effort to maximize resource revenue. The Alberta Petroleum Marketing Commission (APMC), the province's commercial oil and gas agency, can now combine conventional and ...

Rural Municipalities of Alberta (RMA) is calling on the Government of Alberta to establish a working group to create a Property Tax Accountability Strategy (PTAS) to address an ongoing issue of unpaid oil and gas property taxes. For seven consecutive years, the RMA has conducted a member survey that's found oil and gas...

A building in downtown Red Deer which has sat derelict since a fire ravaged it in October 2021 is finally coming down. The property at 4909 48 Street will be demolished by the end of June, this year, the City of Red Deer confirms. After the fire, enforcement actions -- under the Municipal Government Act, and due to non...

A Lacombe company responsible for an innovative strain of barley is seeing interest in their product coming from as far away as Japan. Barley tea is a popular staple in nations such as China, Japan and Korea, and an Alberta-made variety called AB Standswell is sowing interest overseas. This bushy, semi-dwarf six-row ba...

Polyethylene producer Nova Chemicals, which operates a plant in Joffre, Alberta, east of Red Deer, was recently announced as part of an international merger. The merger is primarily between Austria-based OMV and Abu Dhabi National Oil Company (ADNOC) in the U.A.E. Meantime, ADNOC entered into a share purchase agreement...

This week's highlightsNorth American markets experience worst week in six monthsBonds falter amid volatile week of tradingCanada's trade surplus in January exceeds expectations, jumps to nearly $4 billionU.S. factory activity eased as tariffs threats spark accelerating costsECB cuts rates to guard stalled economy again...

Whether you're looking to renovate, thinking about your first home, simply looking for a place to take the family for a day, or anywhere in between, the Red Deer Home Show is the place to be this weekend. From March 7-9, more than 220 businesses, most of them local to central Alberta, will be on display to share indust...

Finance Minister Dominic LeBlanc says Canada has suspended a second wave of retaliatory tariffs after U.S. President Donald Trump signed an executive order today to pause some duties on Canada.LeBlanc posted on social media Thursday that Canada will not proceed with planned retaliatory tariffs on $125 billion worth of ...

Those looking to connect with home industry experts will have their chance at the Red Deer Home Show this weekend, returning bigger and better than ever with more than 220 businesses and 430 booths on display.From March 7-9, head to the Westerner Park Exhibition Hall for education and inspiration from central Alberta b...

There's a lot of uncertainty when it comes to the trade war between the United States and Canada.As of yesterday U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian imports, with a 10 per cent tariff on energy.In response, the Canadian government implemented retaliatory tariffs of 25 per cent on U....

While tariffs imposed by U.S. President Donald Trump have sparked concern in multiple industries, BILD Central Alberta says it's Canada's counter-tariffs that are more likely to impact home construction in the community. On March 4, the U.S. introduced sweeping 25 per cent tariffs on Canadian imports, with a lower 10 p...

Money... that's what the tariff situation between Canada and the U.S.A. comes down to, and that's what Dion Zukiwsky of Red Deer's Scotia Wealth Management is offering some free advice about on this historically unfortunate day.Zukiwsky, branch manager, said the main message to Red Deerians is to focus on what you can ...

The Red Deer District Chamber says is it extremely disappointed in the wake of news about tariffs imposed on Canada by the United States.In case you missed it, here's a breakdown from the Canadian Press explaining what's going on with this simmering trade war.The local chamber says it stands in solidarity with the Cana...

A business and economics instructor at Red Deer Polytechnic (RDP) says the 25 per cent tariffs implemented by U.S. President Donald Trump will have almost immediate and broad negative repercussions on Canadians.In addition to the 25 per cent tariffs on all exported Canadian goods to the U.S., the President also include...

U.S. President Donald Trump said 25 per cent across-the-board tariffs on imports from Canada and Mexico, with a lower 10 per cent levy on Canadian energy, will start Tuesday, tipping the continent into a trade war.-READ: Over 30 regional companies will be impacted by U.S. tariffs"No room left for Mexico or for Can...

This week's highlightsUncertain U.S. tariff agenda leads to weakening of consumer sentimentBond markets supported by risk-off sentiment amid uncertaintyInflation in Canada rises to 1.9%, with higher energy prices offsetting GST breakU.S. retail sales decline more than expected in JanuaryU.K. inflation reaches 10-month ...