Business

Parcel delays to continue as Canada Post delivers at record levels

OTTAWA- Canada Post customers should anticipate parcel delays for the foreseeable future, even as it continues delivers at record levels.As people continue to ramp up and diversify their online shoppi...

May 27, 2020

Higher prices encourage Canadian producers to boost oil production

CALGARY - Western Canadian producers are moving to restore some oil production as crude prices rise with demand thanks to the gradual opening of the world economy and OPEC and Russian output cuts.But ...

May 26, 2020

Hertz files for bankruptcy as car rentals disappear amid coronavirus pandemic

Hertz filed for bankruptcy protection Friday (May 22), unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's ...

May 26, 2020

Nominations for the 2020 Business of the Year Awards

Nominations are now open for the 2020 Business of the Year Awards, organized by the Red Deer & District Chamber of Commerce and held annually in conjunction with Small Business Week.The awards are...

May 26, 2020

Alberta's tourism industry playing the waiting game

It's Tourism Week in Alberta even though the industry remains essentially shut down by the COVID-19 pandemic. The industry has, "completely collapsed," since the pandemic began, according to Linda Sou...

May 25, 2020

Applications for Emergency Commercial Rent Assistance now open

OTTAWA, ONT - Small business owners in Alberta can now apply for emergency aid to cover the cost of rent.The Canada Emergency Commercial Rent Assistance (CECRA) program is now open for applicants in p...

May 25, 2020

Trudeau to push for 10 days' paid sick leave for all workers

Prime Minister Justin Trudeau said the federal government will continue to work with the provinces and territories on guaranteed paid sick leave. The federal NDP has been pressing the Liberals on it, ...

May 25, 2020

Gathering limits make a 'great time to be building a pipeline:' Alberta minister

EDMONTON - Alberta's energy minister says it's a good time to build a pipeline because public health restrictions limit protests against them. Sonya Savage made the comment Friday in a podcast hosted ...

May 25, 2020

Market Watch: May 22, 2020

Big PictureMarkets Holding Out Hope for Strong RecoveryWhile economic data continues to paint a dark picture for the global economy, N.A. markets resumed their ascent this week as many investors conti...

May 22, 2020

Work begins on Keystone XL pipeline in U.S.

CALGARY- TC Energy has built the first piece of the disputed Keystone XL pipeline across the U.S. border and started work on labour camps in Montana and South Dakota.However, the Calgary based company...

May 22, 2020