Category Archives: Business

Liberals announce $18 million in funding for small food producers
OTTAWA - The federal government is rolling out $18 million in support for projects they say will help strengthen Canada's food supply chain. The funds are going everywhere from an Alberta company...
Aug 12, 2020

Business closures spiked during lockdown: ATB
The number of active businesses* in Alberta was down by 9 per cent in April compared to February, according to ATB Financial.As the pandemic's grip on the economy tightened in March and April, ATB say...
Aug 10, 2020

Market Watch: Aug. 7
Big Picture U.S. Markets Rise on Hopes for Coronavirus Relief Package; Gold Hits New Highs It was a solid start to the week for N.A. equities Monday, as U.S. stocks climbed, boosted by key tech names ...
Aug 07, 2020

Red Deer unemployment rate rises to 14%
The local jobless rate continues trending in the wrong direction. July's numbers show the unemployment rate for the Red Deer region reached 14%.That's up from 13.4% in June and nearly double from 7.4%...
Aug 07, 2020

Alberta invests in three emissions reduction projects
Alberta's government is investing in projects it says will help industry reduce emissions, cut costs and create much-needed jobs.The province is investing $10 million into three projects through the T...
Aug 06, 2020

DBA launches contest to attract shoppers Downtown
Red Deer's Downtown Business Association is trying to drum up support and traffic for downtown businesses with the launch of a new campaign called 'It's Downtown.'Beginning August 3 and running throug...
Aug 01, 2020

Market Watch: July 31
Big Picture U.S. markets struggled following U.S. GDP report U.S. equities started off the week in positive territory, helped by technology stocks. Gold continued its climb as investors were concerned...
Jul 31, 2020

Expansion of Alberta coal mine will need federal review: environment minister
OTTAWA - The federal environment minister is backtracking on a previous decision to keep Ottawa out of the approval process for a major coal mine expansion in Alberta. The existing Vista mine, which i...
Jul 30, 2020

New agency tasked with attracting jobs, investment to Alberta
A seven-member board will lead the province's newly-created Invest Alberta Corporation.The agency is tasked with attracting job-creating investment back to Alberta and comes into effect on July 31."I ...
Jul 30, 2020

Total writes off $9.3B in Alberta oilsands assets, cancels CAPP membership
French energy giant Total says it is writing off $9.3-billion (US$7 billion) worth of oilsands assets in Alberta and cancelling its membership in the Calgary-based Canadian Association of Petroleum Pr...
Jul 30, 2020