Business

Former Deer Park fire hall eyed for commercial use

The former fire hall in Red Deer's Deer Park neighbourhood could soon be home to a coffee shop. Council passed first reading Monday night to allow a number of additional uses for the building at 39 St...

Andrew Snook Mar 02, 2020 A rendering of what the developer would like to see the old Deer Park fire hall building become, as seen in the Red Deer city council agenda for March 3, 2020. (IMC Construction)

Three-year run for Red Deer's Catapult to end this month

A Red Deer-based business incubator program for budding entrepreneurs is shutting its doors, effective March 31.Catapult launched in 2017 as a two-year provincially-funded pilot project under the NDP,...

Mar 01, 2020

MARKET WATCH: Feb. 28, 2020

Investment StrategyChina's slowdown threatens global economic growth. Risk assets gapped lower to begin the week and remained under pressure as new cases of the coronavirus (COVID-19) were announced i...

Feb 28, 2020

MNP expands into Ponoka

MNP, Canada's fifth-largest national accounting and business consulting firm, is pleased to announce that it has expanded its presence in Central Alberta with the opening of an office in Ponoka, Alber...

Feb 28, 2020

Alberta entered “mild recession” in 2019: report

LETHBRIDGE- Last year was not Alberta's strongest from an economic standpoint, but things should improve somewhat in 2020.According to a new report from the Conference Board of Canada, real GDP fell b...

Feb 28, 2020

Husky Energy reports $2.3B Q4 loss

CALGARY- Husky Energy Inc. reported a loss of $2.34 billion in its latest quarter as it took asset impairment and other charges related to its long-term price assumptions and reductions in its long-te...

Feb 27, 2020

Judge gives province more time to decide on Rigel oilsands project

CALGARY- A judge has granted a stay on an order that would have required the Alberta government to make an immediate decision on a proposed oilsands project near Fort McMurray.Last week, Queen's Bench...

Feb 26, 2020

Reaction for and against Teck decision to cancel Frontier mine project

Local reaction is pouring in from both sides regarding the decision Sunday night by Teck Resources to pull the plug on its massive oilsands project in northern Alberta.Just days before a federal gover...

Feb 25, 2020 (Photo: Teck Resources)

Teck CEO says Frontier withdrawal a result of tensions over climate, reconciliation

Tensions over Indigenous rights, climate change and resource development that have escalated recently with the rail blockades helped push Teck Resources Ltd. to shelve its massive oilsands project, co...

Feb 24, 2020 Don Lindsay (Photo: Teck company website)

Alberta Beef Industry Conference in Red Deer expected to be a sell-out

RED DEER- The Alberta Beef Industry Conference takes place March 4 - 6 in Red Deer.Event Manager, Jennifer Brunette, says if you plan to attend, it's best to register sooner rather than later, in orde...

Feb 24, 2020 (Lethbridge News Now)