Business

Bank of Canada warns in report of business, household debt from COVID-19

OTTAWA - The Bank of Canada says there are signs in the country's financial markets that suggest concern about the ability of companies to weather the COVID-19 economic crisis. The central bank has sp...

May 14, 2020

Water and waste water tips for returning Red Deer businesses

As some businesses get ready to open their doors in Red Deer after being closed for several weeks, The City of Red Deer is sharing some tips for water recovery. In general, when a building is not in u...

May 14, 2020

Unlocking helium potential in Alberta

EDMONTON- The provincial government has established a helium royalty rate that it says will help set the stage for investment while ensuring a fair price for Albertans.The rate has been set at 4.25 pe...

May 14, 2020

Home sales tumble in April

With April being the first full month of having social distancing measures in place for the COVID-19 pandemic, there's little surprise that the local real estate market took a hit. According to new nu...

May 13, 2020

Norway's wealth fund excludes Canadian oilsands investments over greenhouse gas emissions

OSLO, Norway - One of the world's largest investment funds says it will exclude four Canadian oilsands producers after concluding they produce unacceptable levels of greenhouse gas emissions.The decis...

May 13, 2020

WestJet extends reduced flight schedule into July

CALGARY- WestJet is extending its suspension of thousands of flights by another four weeks until July 4 due to the COVID-19 pandemic.The Calgary-based carrier is halting all U-S and international flig...

May 13, 2020

TransAlta reports $27M first-quarter profit

CALGARY- TransAlta earned a profit of $27 million in its latest quarter compared with a loss a year ago, helped by strong earnings from its U.S. coal operations and its wind and solar business.The pow...

May 12, 2020

'Biz Connect' webpage features health and safety guidelines for Alberta's relaunch

As the province prepares to begin its reopening on Thursday, Alberta has launched a new web portal to give business owners more clarity on health and safety guidelines.The alberta.ca/bizconnect webpag...

May 11, 2020

Runway work to begin next month at Red Deer Regional Airport

Officials at Red Deer Regional Airport have announced that refurbishment of their secondary runway will get underway early next month.On Monday, airport officials noted the tender has been awarded to ...

May 11, 2020

Alberta farmers still finishing "harvest from hell" with new season underway

Before Alberta farmers can get going with the 2020 growing season they first need to finish up with what's been described by some as the "harvest from hell."As of the last Alberta Crop Report (Dec. 3,...

May 11, 2020