Category Archives: Business

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

Sluggish economy expected for 2020: ATB economist
The chief economist at ATB Financial is encouraging central Albertans to stay focused on the big picture as the province works its way through an anticipated sluggish economy this year.Speaking at a l...
Jan 14, 2020 ATB economist Todd Hirsch (rdnewsNOW/Sheldon Spackman)

Encana shareholders vote 90% for name change and HQ move
Shareholders in Encana Corp. have voted overwhelmingly in favour of the oil and gas company moving its headquarters to Denver from Calgary and changing its name to Ovintiv Inc.CEO Doug Suttles says th...
Jan 14, 2020 encana

Red Deer Chamber calls unemployment rate "scary and alarming"
Scary, alarming, and great cause for concern is how the Red Deer and District Chamber of Commerce is describing the latest unemployment numbers in central Alberta. With a jobless rate of 6.6 per cent ...
Jan 13, 2020

Canyon hosts top ski cross racers ahead of World Cup event
Some of the biggest names in the world of ski cross competed at Red Deer's Canyon Ski Resort this weekend. For the resort, just the fact that their venue was considered to host the Nor-Am Cup and Nati...
Jan 11, 2020 Ski cross athletes complete a training run on Saturday at Canyon Ski Resort during the Nor-Am Cup and National Ski Cross Championships. (rdnewsNOW/Josh Hall)

Canadian economy added 35,200 jobs in December, unemployment rate falls
OTTAWA - The Canadian job market bounced back in December to post a gain of 35,200 jobs and reverse some of the losses in November which saw the biggest monthly loss since the financial crisis.The inc...
Jan 10, 2020 Dreamstime.com