Business

Cenovus credits quota easing as it ramps up crude-by-rail output to 100,000 bpd

CALGARY- An executive with Cenovus Energy Inc. says it produced more crude in December thanks to the Alberta government's decision last fall to allow producers to exceed provincial quotas if they move...

Jan 30, 2020

Canadian oil producers prepared for temporary price slump as virus spreads

OTTAWA - Canada's energy industry is not overly alarmed as the new coronavirus coming out of China is taking a bite out of world oil prices. Brad Herald, a vice-president at the Canadian Association o...

Jan 29, 2020

Province may extend deadline for report on growing high-tech sector

EDMONTON - Alberta's economic development minister says she's open to extending the deadline for a looming benchmark panel report on growing the high-tech sector.But Tanya Fir but says she wants to st...

Jan 26, 2020

MARKET WATCH: January 24

Big Picture Dow Crosses 29,000 Mark as U.S., China Sign Phase-One Trade Deal Ongoing trade tensions between the U.S. and China have dominated-or seemingly monopolized-the financial headlines for the p...

Jan 24, 2020

Alberta landowners urge farmers to cut power to wells with unpaid debts

A group of Alberta landowners is asking farmers and ranchers to fight back against unpaid debts and unreclaimed oil and gas wells by closing valves and cutting power to energy company sites. "The...

Jan 24, 2020

First businesses set to open at Junction 42

The first two businesses are set to open at the Junction 42 rest area near Penhold. Burger King and Petro-Canada will officially open on Monday, Jan. 27, according to Red Deer County.Officials say the...

Jan 22, 2020 Petro-Canada and Burger King are set to open at Junction 42 on Monday. (rdnewsNOW/Dan Hermanutz)

Former Alberta MLA goes on tax strike over unpaid oilpatch property levies

A former member of the Alberta legislature says he won't pay his provincial taxes until oilpatch players pay theirs.David Swann, who once led the Alberta Liberals, says his tax strike is in response t...

Jan 22, 2020

MARKET WATCH: Jan. 17

Big Picture Dow Crosses 29,000 Mark as U.S., China Sign Phase-One Trade Deal Ongoing trade tensions between the U.S. and China have dominated-or seemingly monopolized-the financial headlines for the p...

Jan 17, 2020

Chamber applauds city council for reducing tax burden this year

On the heels of the 2020 Operating Budget being approved this week, the Red Deer & District Chamber of Commerce says it is encouraged by city council's willingness to reduce the tax burden on city...

Jan 16, 2020

County loans Airport $240,000 administrative building

Red Deer County has helped clear for take-off a plan by Red Deer Regional Airport to purchase an administrative building across the street from YQF.On Tuesday, council approved second and third readin...

Jan 14, 2020