Business

Company linked to Warren Buffett investing in Alberta wind farm

CALGARY - A company linked to American investment guru Warren Buffett says it will break ground on a $200-million, 117.6-megawatt wind farm in southeastern Alberta next year.In a news release, Calgary...

Oct 15, 2019 Warren Buffet (Photo: The Canadian Press)

49 years and counting for the Market at Red Deer

Another year is in the books for the Market at Red Deer, a weekly tradition that's become an institution in our city over the last 49 years.On Saturday, rdnewsNOW caught up with long-time market owner...

Oct 12, 2019 Dennis Moffatt, now 86, has managed the Market at Red Deer since its inception 49 years ago. The 2019 season wrapped up on Saturday. (rdnewsNOW/Josh Hall)

MARKET WATCH: Oct. 11

Big PictureU.S.-China Trade News Continues to Sway Markets The ongoing trade war is still holding markets in its grip as anxious investors continue to follow every development, hoping for clear signs ...

Oct 11, 2019

Red Deer unemployment rate rises to 8%

RED DEER- The unemployment rate for the Red Deer area climbed to 8% in September.That is up from 7.3% in August.The Alberta rate for last month was 6.6%. That is a drop from 7.2% in August.Nationally,...

Oct 11, 2019

Town of Blackfalds plans to borrow $5M to buy buildings

The Town of Blackfalds is moving to capitalize on cost savings to find a new home for its civic yards. On Tuesday, council passed first reading of a bylaw to borrow $5 million for the purchase of 10-a...

Oct 10, 2019 (Photo: Town of Blackfalds/Property Guys)

Olds College partners with Zone Startups Calgary

OLDS- The College and Zone Startups Calgary have signed a memorandum of understanding to collaborate and support early stage agriculture technology companies with technical and commercial validation t...

Oct 10, 2019

Alberta fires board of real estate regulator, cites paralyzing dysfunction

EDMONTON - The Alberta government is moving to fire the entire board that regulates the provincial real-estate industry on the grounds it is hopelessly dysfunctional and wracked by infighting.Service ...

Oct 09, 2019

Bill 14, the Alberta Indigenous Opportunities Corporation Act

EDMONTON- The UCP has introduced Bill 14 that states the government would put up $1B, along with technical and financial advice, to backstop a new Crown corporation to help Indigenous groups invest in...

Oct 09, 2019 Premier Kenney announces legislation to set up the Alberta Indigenous Opportunities Corporation, L to R: Calvin Helin, Grand Chief Arthur Noskey, Minister Rick Wilson, Stephen Buffalo, Herb Lehr, Chief Billy Morin, Chief Joe Weasel Child.

Hut 8 Mining opens Toronto Stock Exchange

TORONTO, ON. - Hut 8 Mining (TSX: HUT) is celebrating a historic day on the Toronto Stock Exchange.The bitcoin mining company, which has operations in Medicine Hat and Drumheller, officially opened th...

Oct 08, 2019 Andrew Kiguel, Chief Executive Officer, Hut 8 Mining Corp. (HUT), joined Chris Birkett, Director, Toronto Stock Exchange, to open the market. - Photo courtesy TMX Group

Building permit values remain well behind last year

Building permit values dropped in all four categories in September, despite an increase in total number of permits issued, according to The City of Red Deer.Last month, 94 permits were issued with a c...

Oct 04, 2019