Category Archives: Business

Agriculture could add $11B a year to Canada’s GDP by 2030: Report
SASKATOON - A new report says Canada's agriculture industry could add $11 billion annually to gross domestic product by 2030 if government invests in people and technology.A report from RBC says the s...
Aug 28, 2019 (Photo: farmnewsnow.com)

MARKET WATCH: August 23
Big PictureUp-and-Down Week for North American Markets The U.S.-China trade war and global recession fears continue to hold sway over markets this week as investors try to parse conflicting signals in...
Aug 23, 2019

Sylvan Lake touts strong building permit numbers
Town officials say building permit numbers are proof of strong, steady growth for Sylvan Lake. Permits issued last month totalled $30.7 million, according to a Town of Sylvan Lake release, compared to...
Aug 20, 2019

Local home sales hold steady in July
The Central Alberta Realtors Association says local home sales stable on a year-over-year basis in July.They are reporting that 399 residential units were sold in the region last month, according to M...
Aug 19, 2019

Ottawa announces $1.75B to compensate dairy farmers for impact of trade deals
COMPTON, Que. - Canadian dairy farmers who lost domestic market share resulting from free trade agreements with Europe and countries on the Pacific Rim will share $1.75 billion in compensation over th...
Aug 18, 2019

MARKET WATCH: August 16
Big PictureVolatility Returns as Recession Fears Mount; Dow Drops 800 Wednesday It was a rough start to the week for what's proving to be an increasingly volatile time for North American equity market...
Aug 16, 2019

Feds invest $1.9M in Olds College Smart Farm
The federal government is giving over $1.9 million in Regional Innovation Ecosystems (RIE) funding towards Olds College to bolster Alberta's agriculture industry.The investment will support Phase Two ...
Aug 14, 2019

Jim Pattison makes offer to take Canfor private
Jim Pattison's Great Pacific Capital Corp. has made an offer to buy the rest of Canfor Corp. it does not already own for $16 per share, an offer that values the lumber, plywood, pulp and paper company...
Aug 13, 2019 Jim Pattison

MARKET WATCH: August 9
Big Picture Falling Yuan Shakes Global Markets as Trade War Intensifies It was a rough start to the week for global equity markets, which fell hard Monday on news that China let the yuan tumble beyond...
Aug 09, 2019

Red Deer area unemployment rate up in July
RED DEER- The Red Deer area unemployment rate rose to 7.4% in July from June's 7.1%, according to the latest numbers from Statistics Canada.The Alberta rate also climbed from 6.6% to 7.0%.Nationally, ...
Aug 09, 2019