Business

Canadian families spending more on taxes than housing, food and clothing combined: Fraser Institute

The Fraser Institute has released a new report showing the average Canadian family spent more than 42 per cent of its income on taxes in 2019-more than housing, food and clothing costs combined."Taxes...

Sep 02, 2020

Canada won't back down in softwood dispute with U.S., Trudeau vows

WASHINGTON - Prime Minister Justin Trudeau is vowing to keep up the fight against the never-ending effort in the United States to slap countervailing duties on Canadian softwood lumber exports. The&nb...

Sep 02, 2020

Peavey Industries converting its Ontario stores to single brand

Red Deer-based Peavey Industries LP has announced the repositioning of its two flagship retail banners into one, with the conversion of TSC Stores, located solely in Ontario, into Peavey Mart stores.C...

Sep 01, 2020

Calfrac warns of takeover by US rival

CALGARY - Calfrac Well Services Ltd. says a U.S. competitor urging shareholders to reject its recapitalization plan is a ``wolf in sheep's clothing'' whose real goal is a corporate takeover.The debt-l...

Aug 31, 2020

Alcohol shopping made easy by app developed in Red Deer

A local technology startup providing alcohol delivery in Red Deer is enjoying some early success in the business community.Doortender is an online liquor store and the first of its kind in Alberta. It...

Aug 31, 2020

Market Watch: Aug. 28

Big Picture S&P 500, Nasdaq Keep Climbing; Fed Revamps Inflation Policy Investor optimism over a potential treatment for coronavirus sent N.A. stocks climbing on Monday. The S&P 500 and Nasdaq...

Aug 28, 2020

CFIB survey reveals Alberta small businesses concerned lower spending here to stay

According to the Canadian Federation of Independent Business (CFIB), 66 per cent of Alberta small businesses are concerned reduced consumer spending is here to stay.Despite businesses reopening and op...

Aug 27, 2020

Broadcasters warn of possible radio and television closures across Canada

OTTAWA - Private radio and television broadcasters are sounding the alarm about the state of their industry. The industry says the impact of the COVID-19 pandemic could lead to the closure of dozens o...

Aug 26, 2020

Agri-Trade Equipment Expo returning in November

One of the biggest agricultural equipment shows in Canada is set to return to Red Deer's Westerner Park this fall.Officials with Agri-Trade Equipment Expo have announced the show will go ahead from No...

Aug 26, 2020

Blackfalds man hopes to help minority-owned businesses flourish

A local man wants to put a major dent in racism by ensuring businesses owned by black, Indigenous and visible minorities (BIVM) know how to promote themselves, and are supported by their community.BIV...

Aug 21, 2020