Category Archives: Business
TransPod announces partial funding commitment for Alberta hyperloop line
TransPod has announced it has secured $550M USD in financing for its ultra-high-speed hyperloop train line which would run from Calgary to Edmonton. A release notes that TransPod is now the first tube...
Mar 29, 2022
Gondola being planned to connect Capstone with Bower Ponds
A gondola connecting Red Deer's Capstone neighbourhood to Bower Ponds could be reality within two years, according to Edmonton-based Prairie Sky Gondola (PSG).The company announced Tuesday its intenti...
Mar 29, 2022
E-scooters rolling again in Red Deer, as four companies mull age-change
E-scooters have begun to roll out in Red Deer for the second year of a three-year pilot project.Thus far, however, just one company is up and running, that being Neuron.Of the five other companies whi...
Mar 26, 2022
Demolition of Black Knight Inn begins
The Black Knight Inn is coming down.As rdnewsNOW reported last October, the building was up for sale with the intention of demolishing it sometime in 2022. It opened in 1977, 45 years ago.Brett Salomo...
Mar 25, 2022
Market Watch: March 25
Big Picture Market Volatility Continues; Fed Signals More Hawkish Stance Against Inflation Wall Street indexes closed lower on Monday after Fed Chair Jerome Powell indicated the central bank could tak...
Mar 25, 2022
Free temporary parking options return to downtown Red Deer
Free temporary parking is returning to 215 stalls in Red Deer, offering easier access to downtown businesses for the remainder of 2022. Starting March 23, drivers will notice one in every five meters ...
Mar 24, 2022
Optimism for Alberta's tourism industry
Red Deer was a stop this week in a series of town hall meetings taking place across the province in hopes of encouraging people to travel once again.The town halls hosted by Travel Alberta and the Tou...
Mar 24, 2022
$1 billion job creation and environmental cleanup program lacks formal risk management processes
The Auditor General of Alberta has found the Department of Energy has designed and implemented the Site Rehabilitation Program to meet the program's objectives. As a result, government officials say g...
Mar 22, 2022
Red Deer County expanding development around Junction 42
Red Deer County is looking to further development in the area of Junction 42.Junction 42 is a commercial development which sprung up in recent years at the intersection of Hwy 42 and the QEII Highway....
Mar 22, 2022
Red Deer Chamber hoping for quick resolution in CP labour disruption
Officials with the Red Deer and District Chamber of Commerce are expressing concern over the potential impacts of the CP labour disruption. Chamber CEO Scott Robinson says the current situation won't ...
Mar 21, 2022