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Business

Passenger Rail Master Plan
Red Deer a possible transit hub in Alberta's vision for passenger rail
Alberta's government says it will develop a Passenger Rail Master Plan as the foundation to advancing passenger rail in the province. Since the early days of Alberta's development, government officials say the province has been shaped by the iron rails that crisscross its landscape. Officials note, the arrival of the t...
21h ago
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January 2022 Incident
Red Deer County company sentenced for workplace fatality
A local oilfield equipment supplier will pay $360,000 related to a workplace fatality. On Feb. 21, 2024 in the Red Deer Court of Justice, Isolation Equipment Services Inc., of Red Deer County, pleaded guilty to one charge under the Occupational Health and Safety (OHS) Code for failing to take measures to eliminate the ...
Apr 29, 2024
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Market Watch: April 26
This week's highlights Equity markets make about face following strong earnings reports Yields broadly higher following GDP reading and Fed's preferred inflation measure Canadian retail sales slip 0.1% in February, seen flat in March U.S. economic growth slows to 1.6% German business sentiment continues to brighten In ...
Apr 29, 2024
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Cybersecurity
Retailer London Drugs closes stores in Western Canada due to 'operational issue'
Retail and pharmacy chain London Drugs says in a post on social media that it has closed all of its stores in Western Canada temporarily due to what it called an "operational issue."Various news outlets reported the company shared by email that it was a cybersecurity incident, and that the store closures were...
Apr 29, 2024
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Business

Growing Season Upon Us
Canadian Foodgrains Bank continues partnership with Viterra
Two organizations are continuing their efforts to deal with the world's hunger crises that are driven by conflict, climate, and economic challenges impacting the rising cost of food.For nine years Viterra and Canadian Foodgrains Bank (CFGB) have partnered in growing projects to support the less fortunate.Food security ...
Apr 29, 2024
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advocating for strategic action
Red Deer & District Chamber of Commerce comment on Land Use Bylaw public hearing
The Red Deer & District Chamber of Commerce shared their take on the City's recent Land Use Bylaw (LUB) review following a public hearing. The public hearing, held on April 15, represented the culmination of Phase 1 of the project initiated in 2022 and offered members of the public an opportunity to voice their ins...
Apr 26, 2024
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getting int'l travelers back critical
Tourism Red Deer and Alberta Government excited about 2024 tourism season
The spring and summer tourism season is upon us here in Alberta, and there are many folks excited about what it can yield for the region and province.That includes Jesse Smith, CEO at Tourism Red Deer, which hosted a town hall event this week in collaboration with Travel Alberta, Indigenous Tourism Alberta, Tourism Ind...
Apr 25, 2024
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$57 Million Investment
Government aiming to make Alberta become a hydrogen powerhouse
The Alberta government says it is investing $57 million to support new hydrogen technologies that are expected to reduce emissions, grow the economy and help the province keep powering the world.According to provincial officials, Alberta is already Canada's hydrogen leader, producing and using more hydrogen than anywhe...
Apr 25, 2024
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On-Track
Canadian Pacific prepares for potential rail strike next month
Canadian Pacific Kansas City Ltd. is preparing for the possibility of a strike by some 3,300 workers next month."The way I see it, the positions have not changed a lot," chief executive Keith Creel told analysts on a conference call Wednesday."Obviously hope for the best, but you have to make sure you pl...
Apr 24, 2024
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4-7 p.m. Wednesday
City to host downtown parking feedback session
The City of Red Deer is inviting downtown business owners and operators to share feedback about Red Deer's new downtown parking system on Wednesday, April 24 from 4-7 p.m. at City Hall. City officials say owners are invited to drop in to share their thoughts to provide suggestions for improvement. The City says its ope...
Apr 24, 2024
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Business

Reduce Competition?
Competition Bureau raises concerns over Bunge-Viterra deal
The Competition Bureau says it is likely that Bunge Ltd.'s US$8.2-billion deal to acquire Viterra Ltd. would "substantially" reduce competition in the grain and canola oil markets.In a report to Transport Minister Pablo Rodriguez, the bureau says the deal is likely to hurt competition in markets for grain pur...
Apr 23, 2024
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Provincial Politics
Province says tax credit fuels investments in bioprocessing industry
Alberta says it will be home to the largest renewable diesel facility in Canada as Imperial qualifies for the Agri-Processing Investment Tax Credit program. Government officials say Alberta is an agricultural powerhouse with diverse and innovative industries, including a thriving bioprocessing sector. When companies se...
Apr 22, 2024
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Market Watch: April 19, 2024
This week's highlightsEquity markets trade lower following spike in bond yields, delayed rate cutsYields push symbolic high as economic data continues to show strengthCanada's inflation rate ticks higher, but odds of June interest rate cut boostedFed Chair Jerome Powell dials back expectations on rate cutsChina's first...
Apr 20, 2024
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Individuals aged 55 and over
Central Alberta Older Adult Employment Strategy Assessment Project full report released
The final report for the Central Alberta Older Adult Employment Strategy Assessment Project has been released. Beginning in April 2023, the Golden Circle Senior Resource Centre and the Red Deer & District Chamber of Commerce conducted the project, funded by the provincial and federal governments and administered by...
Apr 18, 2024
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retrofitting building
Carnival Cinemas applies to rezone for residential development
Carnival Cinemas has a new vision in mind for their location in Red Deer's Capstone neighbourhood. City council passed first reading on Monday to amend the Land Use Bylaw and the Capstone Area Redevelopment Plan to rezone 5402 47 Street from CAP-TD Capstone Taylor Drive District to CAP-PR Capstone Primarily Residential...
Apr 18, 2024
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Highlights And Areas Of Concern
Red Deer District Chamber responds to federal budget
The Red Deer and District Chamber says it has reviewed the federal budget and despite a few bright spots, says there are no efforts to boost productivity and innovation in the country which the organization says is sorely needed for economic growth. Scott Robinson CEO for the Red Deer District Chamber commented, "...
Apr 17, 2024
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Business

"building a Central Alberta Carbon Hub"
Red Deerians learn about carbon capture and waste-to-energy initiatives in region at Chamber luncheon
At a Red Deer & District Chamber luncheon on Tuesday, guests learnt about sustainable energy initiatives taking place in the region, particularly in carbon capture storage (CCS) and waste-to-energy (WTE). Held at the River Bend Golf & Recreation Area, speakers included Sean Collins, Chief Executive Officer of...
Apr 16, 2024
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Market Watch: April 12
This week's highlightsGlobal equities trade lower as risks begin to pile upYields push new highs as rate cut expectations unwindBank of Canada holds rate steady, says it's more confident in inflation easingHigher gas and rents keep U.S. inflation elevated, likely delaying Fed rate cutsEuropean Central Bank holds rates ...
Apr 16, 2024
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157 Units Sold In March
March brings a rise in Red Deer home sales
Red Deer home sales saw an increase in March when compared to the month before and the same month last year.According to the latest Market Update from Central Alberta Realtors Association, there were 157 units sold in March, up from 110 units sold in February, and 147 units sold in March 2023.Year-to-date numbers show ...
Apr 15, 2024
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7.0 per cent
March sees slight increase in Red Deer region's unemployment rate
There was a slight rise in the Red Deer region's unemployment rate last month, but the rate is still lower than in March of last year.According to the latest figures from Statistics Canada, the Red Deer region's unemployment rate was 7.0 per cent last month, up slightly from 6.9 per cent in February, but still lower th...
Apr 15, 2024
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learning and helping
Safe Harbour hosts free customizable workshops for businesses and interested residents
Safe Harbour is offering customizable workshops for businesses and interested individuals to learn about homelessness, addictions, and ways they can help. The organization, currently running the temporary homeless shelter on Cannery Row along with many other services, began offering the workshops a few months ago to en...
Apr 14, 2024
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speed connectivity
Red Deer County shares plans to increase broadband services for residents with new funding
Officials gathered in Red Deer County on Wednesday to discuss their plans for the $8 million investment into broadband services and increased speed connectivity for roughly 1,200 households. In early March, the provincial and federal governments announced a $112 million investment in the Universal Broadband Fund (UBF) ...
Apr 11, 2024
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Business

Provincial Politics
Entry to housing market feels out of reach for 76% of non-owners: CIBC poll
A new poll done for CIBC says 76 per cent of Canadians who don't own a property say entry to the housing market feels out of reach.The bank says the online survey done in February found that 70 per cent of non-owners cited overpriced markets as one of the main barriers to achieving their homeownership goal, while 63 pe...
Apr 11, 2024
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Opens spring 2025
Western Milk Pool provides update on $75 million Dairy Innovation West in Blackfalds
Construction on a multi-million dollar milk concentration plant north of Red Deer continues to progress. The Western Milk Pool (WMP), a collaboration between BC Milk, BC Dairy, Alberta Milk, SaskMilk and Dairy Farmers of Manitoba, are building Dairy Innovation West (DIW), a state-of-the-art milk concentration plant und...
Apr 10, 2024
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Energy Business
Energy companies say they are ready for wildfire season
CALGARY - Canadian energy producers say they are prepared and ready for what could be another spring and summer of drought and wildfires in Western Canada. Last year's hot, dry weather conditions saw oil and gas companies in northwest and central Alberta as well as northeast B.C. temporarily halt production as wildfire...
Apr 10, 2024
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strong growth
Construction industry leading province in employment growth, says GOA
Officials say Alberta's construction industry is leading the province in employment growth. The province claims investment in the industry is forming the foundation of strong employment growth, with 12,767 more Albertans employed in the sector in the first quarter of 2024 compared to the same period in 2023. Officials ...
Apr 09, 2024
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Market Watch: April 5
This week's highlightsMarkets close broadly lower despite late-week rallyStronger-than-expected jobs growth drives rise in sovereign yieldsCanadian factory PMI edges up to 11-month high in MarchPowell still sees room for the Fed to cut rates this yearEurozone inflation cools, setting stage for rate cutIn the news: EV t...
Apr 08, 2024
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bear hills casino on louis bull
Indigenous and Métis businesses benefit from provincial investment fund
The Government of Alberta says $30 million from Budget 2024 are allocated to the Aboriginal Business Investment Fund (ABIF) over the next three years, with 13 community-owned businesses benefiting this year.One of those businesses is in central Alberta, that being the Bear Hills Casino Limited Partnership on Louis Bull...
Apr 06, 2024
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