Category Archives: Business

Alberta economy continues to sputter
CALGARY- The latest economic forecast for the province from Alberta's government-owned bank is gloomy.ATB Financial says it expects the economy to grow just under 1% this year.It states insufficient p...
Sep 11, 2019

Suncor to spend $1.4B to replace coke-fired boilers
CALGARY- Suncor Energy says it will spend $1.4 billion to replace its coke-fired boilers with two cogeneration units at its oilsands base plant north of Fort McMurray.The company says the units will p...
Sep 10, 2019

Favourable hiring climate anticipated for Red Deer
RED DEER- According to the latest ManpowerGroup Employment Outlook Survey, Red Deer area employers expect a favourable hiring climate for the fourth quarter of 2019."Survey data reveals that 17% of em...
Sep 10, 2019

Federal, provincial ministers share differing opinions on Bill C-69
Canada's natural resources minister said in Red Deer on Friday he is "absolutely confident" that the Trans Mountain pipeline expansion will move ahead. Amarjeet Sohi told attendees at a Canadian Propa...
Sep 07, 2019 Amarjeet Sohi, Minister of Natural Resources (rdnewsNOW/Troy Gillard)

Propane a viable clean energy alternative: Association president
Could propane play a key role in helping Canada meet its clean energy goals? The president of the Canadian Propane Association certainly thinks so. Nathalie St-Pierre says there's too much focus these...
Sep 06, 2019

Chamber announces Business of the Year finalists
The Red Deer & District Chamber of Commerce has announced the 2019 Business of the Year finalists.An independent adjudication committee comprised of local business leaders selected 15 finalists fr...
Sep 06, 2019

MARKET WATCH: September 6
Big Picture Bank of Canada Holds Steady; Markets Rally Over Hopes of Trade Truce The Bank of Canada (BoC) kept its key interest rate unchanged at 1.75% Wednesday but indicated the U.S.-China trade war...
Sep 06, 2019

Red Deer area August unemployment rate dips slightly
RED DEER- The Red Deer area unemployment rate took a slight drop in August.It went from 7.4% in July to 7.3% last month.The Alberta unemployment rate rose from 7.0% to 7.2%.Nationally, there was a boo...
Sep 06, 2019

Free seminars for new Alberta tourism entrepreneurs
EDMONTON- The Tourism Entrepreneurship Startup Seminar is a free workshop for entrepreneurs who want to build a tourism business or are new to the industry and want to strengthen their skills.The semi...
Sep 05, 2019

Federal court allows six of 12 Trans Mountain appeals
VANCOUVER - The Federal Court of Appeal says six of 12 proposed legal challenges to the Trans Mountain pipeline project can proceed.The federal government approved the plan to triple the capacity of a...
Sep 04, 2019 Pipeline pipes are seen at a Trans Mountain facility near Hope, B.C., on August 22, 2019. (THE CANADIAN PRESS/Jonathan Hayward)