Business

AIMCo chief executive to exit from Alberta's embattled fund manager by June 2021

CALGARY - The chief executive of Alberta Investment Management Corp. is expected to leave the post by next June a few months earlier than planned before the Alberta fund manager's investment track rec...

Nov 19, 2020

Province declares Women’s Entrepreneurship Day in Alberta

The provincial government has declared Nov. 19 as Women's Entrepreneurship Day in Alberta.Leela Sharon Aheer, Alberta's Minister of Culture, Multiculturalism and Status of Women, issued the following ...

Nov 19, 2020

Drilling forecast calls for 14% rebound in 2021 from depths of 2020 activity

CALGARY - The organization that represents Canadian drilling contractors is forecasting a 14 per cent increase in the number of oil and gas wells to be drilled in Canada in 2021 compared with the hist...

Nov 18, 2020

Red Deer County offers tax break to energy companies

Red Deer County council has authorized an alternative tax payment plan for struggling oil and gas companies in central Alberta.The approval granted last Tuesday, allows oil and gas companies operating...

Nov 17, 2020

Province keeps cutting red tape in its sights

The Alberta government is proposing 12 changes across eight ministries that it says will save money and time for job creators.Bill 48, the Red Tape Reduction Implementation Act, 2020 (No. 2) is aimed ...

Nov 16, 2020

More improvement in local home sales in October

There were positive signs in the local real estate market again last month as the number of units sold increased over the same month last year. The average sale price also increased and the average nu...

Nov 16, 2020

Alberta's energy minister pushes back at attempt to shut down Enbridge's Line 5

Alberta's Energy Minister says an attempt by Michigan's governor to shut down Enbridge's Line 5 pipeline will likely be "headed to a long, protracted process in the American court system."Sonya Savage...

Nov 16, 2020

Canyon Ski Resort hopeful for smooth season

The folks at Red Deer's Canyon Ski Resort are cautiously optimistic that they can have a safe season of shredding.Robin Martel and the crew at Canyon opened up this week, just the second resort to wel...

Nov 15, 2020

Market Watch: Nov. 13

Big Picture Vaccine Hopes Lift Markets, But Lockdowns a Reality as Virus Surges Markets approached record levels Monday after progress on a COVID-19 vaccine, announced by Pfizer, spurred investors' ho...

Andrew Snook Nov 13, 2020

Proposed city budget gets thumbs up from Chamber of Commerce

The City of Red Deer's proposed budget for 2021 and 2022 is getting an initial 'thumbs' up from the Red Deer and District Chamber of Commerce.The chamber says a "long-time ask" has been answered with ...

Nov 13, 2020