Business

Trans Mountain pipeline expansion cost balloons to $12.6B, up from $7.4B

EDMONTON -- Delays and design changes have driven the cost to build the Trans Mountain pipeline expansion up by about 70 per cent to $12.6 billion from the $7.4 billion estimate made three years ago, ...

Feb 07, 2020 Pipe for the Trans Mountain pipeline is unloaded in Edson, Alta. on Tuesday June 18, 2019. THE CANADIAN PRESS/Jason Franson

Red Deer unemployment rate jumps in January

2020 is off to a brutal start when it comes to local employment numbers. The latest data from Stats Canada shows the unemployment rate for the Red Deer region jumped to 7.4 per cent in January, up fro...

Feb 07, 2020

MARKET WATCH: February 7

Big PictureN.A. Markets Climb as Coronavirus Fears Begin to Wane, Earnings ImproveU.S. stocks began to bounce back Monday from last Friday's deep sell-off, which saw the Dow drop over 600 points, as i...

Feb 07, 2020

Coronavirus concerns leading to lower gas prices: GasBuddy

Coronavirus may be to credit for falling gas prices in Red Deer and around Alberta, according to an industry analyst.Prices in the city, particularly on the south end, have dipped over the last week t...

Feb 06, 2020 Some of the lowest gas prices in all of Alberta are in south Red Deer this week, including at Fas Gas where a litre of regular is going for 84.9 cents/litre. (rdnewsNOW/Josh Hall)

Strong start to 2020 for building permit values in Red Deer

Building permit values in Red Deer are off to a strong start this year thanks to some large projects getting underway. The city issued $60.6 million in building permits last month, which is up from $2...

Feb 04, 2020

Demand for industrial land in Red Deer spurs rezoning application

City of Red Deer administrative staff say an increase in demand for larger industrial lots is a positive sign for the local economy. "In the last six months we've had inquiries, more interest (and) mo...

Feb 04, 2020

Risk management key as Alberta ag producers start 2020 behind the eight ball

After a difficult 2019, agriculture professionals in the province are asking producers to take risk management seriously with the 2020 growing season upcoming.Some of the sector's top minds, including...

Feb 03, 2020 (farmnewsNOW file photo)

Free program helping youth find work amid 'alarming' jobless rates

A new program designed to find work for youth ages 18-25 officially launched this week at the Career Assistance Network (CAN).The Youth Employment Services (YES) program is provincially-funded and is ...

Feb 01, 2020 Brayden Pack, one of the YES program's first clients, sat down with Ashton Selig and Breanna Rolli from Career Assistance Network to discuss resumé building and what opportunities may be out there. (rdnewsNOW/Josh Hall)

MARKET WATCH: Jan. 31, 2020

Big PictureCoronavirus Fears Weigh on MarketsIt was a rough start to the week for markets Monday as concerns began to mount over China's ability to contain the growing coronavirus outbreak. Canada's m...

Jan 31, 2020

CAPP predicting increased investment in oil and gas in 2020

MEDICINE HAT, AB - The organization representing oil and natural gas companies across Canada say they're expecting an increase in investment in Alberta oil this year.The Canadian Association of Petrol...

Jan 31, 2020