Category Archives: Business

Investors Bracing for More Volatility as Chinese Economy Slows Investors were understandably eager this week to bid farewell to 2018. In Canada, the TSX was down nearly 12% for the year, while the loo...

RED DEER- Stats Canada numbers show the Red Deer area unemployment rate at 4.4 per cent in December, the lowest in Alberta and a full per cent drop from 5.4 per cent in November. The local jobless rat...

CALGARY – Crude oil prices in Western Canada remain elevated as Alberta’s government-mandated oil production curtailments come into force. Calgary oil brokerage Net Energy says the differe...

CALGARY – Canadian National Railway Co. says it is planning to build a pilot plant worth up to $50 million next year to create pucks made of oilsands bitumen to transport by rail and ships to cu...

Hopes For Santa Claus Rally Fade as Fed Announcement Disappoints Investors counting on a more dovish stance from the Fed were largely disappointed Wednesday as the central bank proceeded with another ...

Amazon.com is opening a new 92,900-square-metre (one-million-square-foot) distribution centre in Alberta. The facility in Leduc County, will be the online retail giant’s second distribution cent...

Markets Remain Volatile, Despite Growing Trade Optimism Although investors remain cautiously optimistic about U.S.-China trade progress, the uncertainty between the two superpowers continues to breed ...

CALGARY – Suncor Energy is planning to grow production by about 10 per cent, even after Alberta’s mandatory production curtailments. The company says it expects average upstream production...

The Town of Blackfalds is seeking proposals from qualified food services contractors to operate a food and beverage service in the Abbey Centre. Contractors will work along with Abbey Centre staff to ...

The Town of Blackfalds is now able to accept development cannabis applications after Council voted to remove the moratorium on applications that was established in June. With the recent legalization o...