Business

Halliburton suspending cementing operations in Red Deer and Alberta

Another American oilfield-related company is trimming its operations in Alberta. Texas-based Halliburton has announced it is suspending its cementing operations in our province at the end of this mont...

Dec 04, 2019

Canadian Natural budget rises by $250 million on curtailment ease – additional rigs and jobs for Alberta

CALGARY - Canadian Natural Resources Ltd. says its 2020 capital budget will be $250 million higher than last year as it adds about 60 drilling locations across Alberta and puts three additional rigs t...

Dec 04, 2019

Red Deer home sales down slightly in October

Home sales in Red Deer were almost on par in October compared to the same month last year. According to data shared by the Central Alberta Realtors Association, 101 homes were sold in our city in Octo...

Dec 03, 2019

Hyperloop line from YYC to YEG via Red Deer needs provincial commitment

From Calgary to Edmonton with a stop in Red Deer all in under 30 minutes?A Toronto company founded in 2015 believes they're close to making that a reality with their innovative hyperloop technology.Tr...

Nov 30, 2019 (Transpod.com)

MARKET WATCH: Nov. 29

Big PictureU.S. Markets Hit New Highs Over Trade Optimism, Strong Data Wall Street's big three indexes closed at record levels for a third straight day on Wednesday following positive trade deal news ...

Nov 29, 2019

No change in Alberta oil production quotas

EDMONTON- Alberta's UCP government says it will leave its oil production quotas unchanged in January after several months of easing the curtailments.Producers have been informed that the production li...

Nov 28, 2019

Finance Ministers meet in Edmonton

EDMONTON- Alberta Finance Minister Travis Toews says he discussed the urgent need for action to support the province's economy when he met with his federal counterpart yesterday in Edmonton.Toews says...

Nov 26, 2019

Changes to off-site levies given final approval by council

Second and third readings were given at Monday's Red Deer city council meeting that should make development more attractive.The City's off-site levies policy now sees the city separated into 19 areas ...

Nov 25, 2019 (rdnewsNOW file photo)

New environmentally friendly “Vodkow” now available in Alberta

ALMONTE, ON - A new vodka is on shelves across Alberta and it's promoting an environmentally friendly way to make alcohol.It's called Vodkow and comes from Dairy Distillery in the community of Almonte...

Nov 25, 2019 Dairy Distillery Founder/CEO Omid McDonald (Photo: Mark Holleron)

New Vehicle for Hire bylaw delayed, will cover ride-sharing for first time

A new City of Red Deer bylaw is coming that will level the playing field for all types of vehicles for hire.However, it's been delayed for up to eight weeks so administration can seek out further info...

Nov 25, 2019 (rdnewsNOW file photo)