Business

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...

Josh Hall 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

MARKET WATCH: Jan. 10

Big PictureMarkets Climb as Mideast Tensions Subside It's been an unsettling week for investors across the globe as tensions between the U.S. and Iran flared after last Friday's killing of a top Irani...

Jan 10, 2020

Slight increase in Red Deer area December unemployment rate

RED DEER- Stats Canada's December jobs report shows the Red Deer area unemployment rate rose to 6.6% last month from 6.5% in November.The Alberta rate dropped from 7.2 to 7.0%.Nationally in December t...

Jan 10, 2020

Cenovus to reclaim 1500 orphan oil wells

CALGARY- Oilsands producer Cenovus says it plans to reclaim 1500 of its abandoned oil wells in the next decade -- most of them in Alberta.Officials say that means returning the sites to the state they...

Jan 10, 2020

Changes coming to catering at Westerner Park

Westerner Park says it is making an important change to its operations. After thorough review and careful consideration, Westerner Park officials say the decision was made to pursue an outside partner...

Jan 09, 2020

Alberta Securities Commission lists top investment risks for 2020

CALGARY- A new year brings new investment opportunities, and investing is a way for Albertans to achieve their financial and retirement goals. Some investments, however, are too good to be true - and ...

Jan 09, 2020