Category Archives: Business
Alberta cuts deal on municipal oilpatch levies; not on unpaid property taxes
EDMONTON - Alberta has announced a three-year deal that it says will prevent municipal taxes and levies from harming its already battered energy industry.But the deal leaves unresolved the issue of ru...
Oct 19, 2020
'First guys out': Western Canadian air tanker fleet busy despite drop in wildfires
RED DEER -- A family-run company providing air-tanker support to control menacing wildfires in British Columbia, Alberta, Manitoba and Yukon is a little less busy these days, but it has nothing to do ...
Oct 19, 2020
Red Deer sees uptick in September home sales
Home sales in Red Deer in September were the highest they've been in the last four years.According to the latest report from the Central Alberta Relators Association (CARA), the number of residential ...
Oct 16, 2020
MARKET WATCH: Oct. 16
Big Picture Markets Slide as Hopes for Stimulus Continue to Fade It was an auspicious start to the trading week on Monday as U.S. stock indexes hit their highest closing values in nearly six weeks. On...
Oct 16, 2020
$45M biorefinery coming to Lacombe
It's a substantial economic boost coming for the Lacombe region. The provincial government announced Thursday that it is providing $10 million from the Technology Innovation and Emissions Reduction (T...
Oct 15, 2020
Kenney says he's still hopeful about Keystone, even if Biden elected
AIRDRIE, Alta. - Alberta Premier Jason Kenney says he is still hopeful about the future of the Keystone XL pipeline, even if the Democrats win the U.S. election next month.Democratic candidate Joe Bid...
Oct 15, 2020
WestJet cutting flights to Atlantic Canada, laying off staff
CALGARY - WestJet says it is indefinitely suspending operations to Moncton, N.B, Fredericton, Sydney, N.S., and Charlottetown, while significantly reducing service to Halifax and St. John's, N.L.The a...
Oct 14, 2020
MARKET WATCH: Oct. 9
Big Picture Trump News Takes Hold of Financial MarketsIt's been a Trump-centric week for financial markets--and world news in general--as all eyes have been predominantly focused on U.S. President Don...
Oct 09, 2020
Red Deer unemployment rate sees decrease in September
The unemployment rate for the Red Deer region for September was 12.1 per cent, down from 12.9 per cent in August, according to the latest numbers from Statistics Canada.The local jobless rate in Septe...
Oct 09, 2020
Red Deer sees more housing starts in September
September was a better month for housing starts in Red Deer, but the year-to-date number remain well behind pace. The latest numbers from Canada Mortgage and Housing Corporation (CMHC) show 38 housing...
Oct 08, 2020