Category Archives: Business

Vesta Energy to repurpose former City of Lacombe lagoons
The City of Lacombe has entered into a 20-year agreement with Vesta Energy Ltd., which will repurpose three of the City's former lagoon cells into revenue-generating properties. Vesta Energy Ltd. is a...
Jan 20, 2021

Easing of restrictions must be slow and cautious: Hinshaw
As public health restrictions are eased today for industries such as hair salons and tattoo parlours, Dr. Deena Hinshaw says the province must "proceed slowly and cautiously" to ease other restriction...
Jan 18, 2021

Documents show Biden plans Day 1 order nixing Keystone XL
WASHINGTON - One of Joe Biden's first actions once he becomes U.S. president Wednesday will be to slam the door yet again on Canada's politically fraught Keystone XL pipeline expansion, transition doc...
Jan 17, 2021

Easing of restrictions good news for some, frustrating for others
The easing of some of Alberta's public health restrictions comes as good news for some business owners and frustration for others. The Alberta government announced Thursday that starting this Monday, ...
Jan 15, 2021

Market Watch: Jan, 15, 2021
Big Picture Markets Fairly Steady, Despite Trump Impeachment, Worries Over Inauguration Violence Stocks closed lower Monday as investors took some profits after last week's rally and looked nervously ...
Jan 15, 2021

Regional home sales see increase in 2020
Last year saw positive signs in the local real estate market as the number of units sold, and the average sale price of homes throughout central Alberta increased over 2019.According to the latest mon...
Jan 14, 2021

Oil and gas industry forecasts small spending rise after slashed budgets in 2020
A forecast calling for a modest increase in capital spending in the Canadian oilpatch this year after a tumultuous 2020 of budget slashing is being hailed as a sign of better times ahead for the indus...
Jan 14, 2021

Over 22,000 fewer people working in Red Deer region than two years ago
Despite a modest drop in the Red Deer region's unemployment rate from 10.4 per cent in November to 9.6 per cent in December, officials with the Chamber of Commerce, however, say it's more important to...
Jan 13, 2021

Air Canada slashes capacity, cutting more jobs
MONTREAL -- Air Canada says it will cut 1,700 jobs as it scales down flights for the first quarter of 2021.The 25 per cent reduction in service will also affect 200 employees at Air Canada's Express c...
Jan 13, 2021

Red Deer business owners frustrated by ongoing shutdowns
Local restaurant, gym, and wellness centre operators are expressing further frustration following Thursday's announcement of at least two more weeks of Alberta's current public health restrictions rem...
Jan 08, 2021