Business

$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

Ottawa, Ontario investing over $500M to mass produce electric vehicles

OAKVILLE, Ont. - The federal and Ontario governments are each chipping in more than $250 million to mass produce electric vehicles - and the batteries that power them - at Ford Motor Co.'s plant in Oa...

Oct 08, 2020

Alberta economy will need years to recover: ATB Financial

ATB Financial's newest Alberta Economic Outlook shows the province's real GDP will grow by approximately 3.3 per cent in 2021 but it will take some time before the economy catches up to where it was b...

Oct 08, 2020

One-third of workers more burned out than a year ago: Survey

The Robert Half staffing firm says one-third (33%)of Canadian workers who responded to a recent online survey said they are more burned out on the job today compared to a year ago. Of those respondent...

Oct 08, 2020

Alberta wants to clear the way for development of 'untapped' geothermal energy

CALGARY - Alberta's energy minister says the province intends to clear hurdles to the development of clean geothermal energy.Sonya Savage said the United Conservative government plans to bring in legi...

Oct 07, 2020