Business

Uncertainty surrounds weddings, funerals during COVID-19 pandemic

It wasn't until the provincial government declared all schools closed to students on March 15 that Shellie Michael and fianc Paul Figler of Red Deer realized their upcoming wedding on May 16 would nee...

Josh Hall Mar 28, 2020 (Wild North Photo and Film)

MARKET WATCH - Mar. 27, 2020

Big Picture Massive Stimulus Packages Help Stabilize Markets; Dow Enters New Bull Market It's been yet another historic week for global financial markets, which continue to experience extreme volatili...

Mar 27, 2020

Report: COVID-19 will have long-lasting effects on Canadian economy

LETHBRIDGE, AB - A new report from the Conference Board of Canada predicts that the COVID-19 impact will impact the county's economy for years to come."In comparison with our baseline scenario, the bi...

Mar 26, 2020 Downtown Lethbridge, taken March 25, 2020. (Lethbridge News Now)

Tourism Red Deer encouraging local operators to stay connected during pandemic

Tourism Red Deer is encouraging tourism operators to stay in contact during the COVID-19 pandemic.The organization recently announced they're working hard to filter industry-specific content to their ...

Mar 25, 2020

Alberta small business confidence falls to all-time-low amid COVID-19 pandemic: CFIB

Confidence among small businesses in Alberta has reached an all-time low, according to the Canadian Federation of Independent Business (CFIB).The organization released its March Business Barometer on ...

Mar 25, 2020

Olymel announces support for processing plant workers

Olymel is announcing support measures for its Canadian facilities in order to support the efforts of its employees and continue to supply food to the citizens affected by the current health crisis.The...

Mar 24, 2020

WestJet lays off 6,900 employees

LETHBRIDGE, AB - Nearly half of all of WestJet's workers are no longer employed by the company."Today, 6,900 WestJetters are receiving notices confirming early retirements, early outs, and both volunt...

Mar 24, 2020 WestJet plane at the Lethbridge Airport. (Lethbridge News Now)

Central Alberta home sales down year-over-year in February

Despite a larger number of properties for sale throughout central Alberta last month, the number of properties being sold and their values have come down from the same month last year.That according t...

Mar 24, 2020

ENMAX purchases Emera Maine for $1.286 million

ENMAX Corporation announced on Tuesday that the transaction to purchase Emera Maine for $1,286 million CAD ($959 million USD) from Emera Inc. (TSX: EMA) has successfully closed.Including the assumed d...

Mar 24, 2020

Suncor cuts $1.5 billion from budget to cope with low oil prices, COVID-19 impact

Suncor Energy Inc. is cutting its 2020 capital spending budget by $1.5 billion or 26 per cent to a range between $3.9 billion and $4.5 billion.The Calgary-based producer and refiner is putting several...

Mar 24, 2020