Category Archives: Business

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

RSM Canada releases second quarterly report on economic and industry developments
(July 24, 2019) The Real Economy, Canada shows that key economic and industry developments such as the Trans Mountain Expansion Project, an increase in immigration, and the rise of Canada's digital ec...
Aug 07, 2019

Second cannabis retail sales outlet approved for Gasoline Alley
A second cannabis retail sales outlet has been approved for Gasoline Alley.The Red Deer County Municipal Planning Commission (MPC) approved a development permit on Tuesday for a cannabis retail sales ...
Aug 06, 2019

Market Watch: August 2, 2019
Big PictureFed Cuts Rates in Expected Move; Trump Tariff Threat Jars Global Markets As expected, the Federal Reserve cut interest rates by 25 basis points-the first reduction since 2008-in an effort t...
Aug 03, 2019

Canada's biggest oilsands producers take federal election message to voters
CALGARY- The CEOs of Canadian Natural Resources, Cenovus Energy, and MEG Energy have taken out in full-page newspaper ads asking readers to call on ``leaders of all political stripes'' to lend their s...
Aug 01, 2019

Sobeys to remove plastic bags from all stores in 2020
NOVA SCOTIA- Shoppers at Sobeys grocery stores will soon need to bring their own totes or lug their purchases home in paper bags as the chain moves to phase out plastic bags by February 2020.The groce...
Jul 31, 2019