Category Archives: Business

Building permit numbers up in April
The number of building permits issued in the city of Red Deer last month was up compared to the same month last year.According to City officials, there were 123 approved permits in April, compared wit...
May 04, 2021

Alberta updates Forestry Act
The provincial government says changes to the outdated five-decade-old Forests Act will bolster Alberta's competitive forest sector by supporting reliable and consistent access to trees. These changes...
May 03, 2021

Peavey Mart breaks ground on new 'flagship' Red Deer location
Construction is officially underway for Peavey mart's new flagship store in south Red Deer. A groundbreaking ceremony for the project was held on Monday at 2810 Gaetz Avenue, where the 40,000-square-f...
May 03, 2021

Alberta's GDP fell 8.2% in 2020, hardest-hit province in Canada
LETHBRIDGE, AB - To say that this past year has been tough for the economy is an understatement.Stats Canada has released its full report on real GDP across the country for 2020 and Canada did not far...
May 03, 2021

Market Watch: April 30
Big Picture Market Optimism Growing as U.S. Recovery Gains Steam It was an auspicious start to the week Monday with the Nasdaq setting its first record since February, as investors looked ahead to a b...
Apr 30, 2021

Statistics Canada says retail sales up 4.8% in February
Canadian retail sales climbed in February, boosted by sales at new car dealerships, gas stations and clothing stores, but economists cautioned the pandemic's third wave will again dent sales.Statistic...
Apr 28, 2021

London Drugs offering shelf space to restaurants in Alberta impacted by COVID-19 restrictions
One year after the launch of the Local Central program, London Drugs is expanding support to help local restauranteurs in Western Canada sell their house brand consumer packaged products at its retail...
Apr 28, 2021

Looser restrictions boosted restaurant and bar sales in February: ATB Financial
Although still down compared to before the pandemic, ATB Financial says seasonally adjusted restaurant and bar sales in Alberta jumped by 15 per cent in February. The increase coincided with changes t...
Apr 27, 2021

Federal Court of Appeal upholds Alberta right to turn-off-the-taps legislation
OTTAWA - The Federal Court of Appeal has ruled that Alberta has the right to control the amount and destination of oil and other fuels flowing through its pipelines.The decision is a victory for the p...
Apr 27, 2021

Business collective standing up for 'Each+Every' person experiencing drug use
A collective of Alberta businesses is trying to change the way people see drug use.Each+Every launched earlier this spring in Calgary, and now has close to 60 members from Lethbridge to Lacombe, and P...
Apr 25, 2021