Category Archives: Business

CALGARY – TransCanada is changing its name. The pipeline and utilities company says the change to TC Energy better reflects the scope of its operations across North America. TransCanada chief ex...

Alberta's Economic Development and Trade Minister is coming to Red Deer. Deron Bilous will be at the next Red Deer and District Chamber of Commerce luncheon on Friday, January 18 to hear about the eco...

EDMONTON – Aurora Cannabis says it expects to report second-quarter revenue of between $50 million and $55 million. Analysts had expected revenue at the marijuana producer to total about $67 mil...

Significant commercial construction in 2018 lead to an increase in the value of building permits in Red Deer last year, despite fewer permits being issued compared to 2017. According to the latest sta...

CALGARY – Suncor Energy says its upstream production in the last three months of 2018 hit a quarterly record. Canada’s largest integrated oil and gas company states production averaged 831...

A well-known local business is turning the lights off for good after more than three decades. Red Deer Lighting and Home Furnishings announced on December 26 they are shutting their doors, saying that...

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...