Business

MARKET WATCH: Feb. 14, 2020

Big Picture Coronavirus Outbreak Continues to Sway Markets While concerns over the coronavirus remain front and centre for investors, N.A. markets have largely remained resilient-especially during the...

Feb 14, 2020

Trades Hall of Fame to honour visionary Albertans

EDMONTON- Nominations for the first inductees to the new Alberta Trades Hall of Fame opened on February 13.Albertans are encouraged to consider nominating someone who has demonstrated extraordinary de...

Feb 14, 2020

CN shuts down eastern rail network, Via service due to anti-pipeline blockades

OTTAWA - Canadian National Railway Co. says it must shut down its entire train network in Eastern Canada due to protesters blockades.The company says that means stopping all transcontinental trains ac...

Feb 13, 2020

Aurora reports Q2 loss following layoffs, writedown and CEO departure

EDMONTON- Aurora Cannabis says it incurred a loss in its second quarter that was fuelled by a recent $1-billion writedown taken by the company.The Edmonton-based business says net revenue for the thre...

Feb 13, 2020

Canadian Energy Centre apologizes for tweets

CALGARY- The head of Alberta's $30-million-a-year energy war room is apologizing for posts on Twitter that questioned The New York Times' credibility.The Canadian Energy Centre posted a 20-tweet threa...

Feb 13, 2020

Aurora Cannabis CEO steps down, 500 positions eliminated

Medicine Hat, AB--Aurora Cannabis announced today that CEO TerryBooth is stepping down and 500 full time positions are being eliminated. In a release, the Edmonton based company says 25 percent of the...

Feb 11, 2020 Courtesy Colton McKee

Business owners say more can be added to city's downtown incentive program

A new incentive program for downtown development projects announced by the City of Red Deer this week is getting mixed reviews from at least two local businesses.Ken Heywood, owner of Heyrock Chartere...

Feb 11, 2020

Lacombe’s chamber of commerce moving to make way for commercial development

The City of Lacombe will be helping the Lacombe and District Chamber of Commerce move to a new home as plans get underway to turn their current location into a new commercial development.The Chamber's...

Feb 11, 2020 (Google)

Alberta unloads crude-by-rail contracts signed under former NDP government

CALGARY - Alberta Premier Jason Kenney says his government has unloaded crude-by-rail contracts signed under the previous NDP government, but details aren't being disclosed yet. His predecessor, Rache...

Feb 11, 2020

DBA lauds City's downtown development incentives

The City of Red Deer has announced a new funding program aimed at supporting downtown development projects.It's hoped the program will increase activity and growth opportunities in the Greater Downtow...

Feb 10, 2020 (rdnewsNOW)