Category Archives: Business

Hopeful hiring expected for Red Deer to start 2019, survey says
Red Deer area employers expect a hopeful hiring climate for the first quarter of 2019, according to the latest ManpowerGroup Employment Outlook Survey. "Survey data reveals that 21 per cent of employe...
Dec 11, 2018

Enbridge announces $1.8B in pipeline spending
CALGARY- Enbridge has announced $1.8 billion in new investments, including the $265-million purchase of pipeline and terminal assets in northern Alberta from oilsands producer Athabasca Oil Corp. The ...
Dec 11, 2018

Cenovus Energy announces 2019 capital spending plan
CALGARY- Cenovus Energy is planning total capital spending of between $1.2 billion and $1.4 billion for next year. The plan compares with its guidance for this year of between $1.3 billion and $1.4 bi...
Dec 11, 2018

Businessman Jim Pattison inducted into Canadian Walk of Fame
One of 10 new inductees into Canada’s Walk of Fame is the man behind one of the most successful group of companies in the country. Jim Pattison was honoured during the televised awards night on ...
Dec 10, 2018

Market Watch - December 7, 2018
Global Markets Volatile As U.S.-China Tensions Mount Stock markets around world drifted lower on Thursday as the arrest of a top Chinese tech executive exacerbated fears over worsening U.S.-China trad...
Dec 07, 2018

Red Deer area unemployment numbers continue to drop
RED DEER- Stats Canada has released the Red Deer area unemployment numbers for November. The jobless rate was 5.4 per cent last month, a big drop from the October rate of 6.3%. The provincial rate las...
Dec 07, 2018

Canadian Natural Resources cuts $1B from 2019 capital budget
CALGARY- The Alberta government’s announcement of a cut in oil production is already having an effect in the boardroom of one Calgary-based energy company. Oilsands producer Canadian Natural Res...
Dec 06, 2018

Building permit values continue to exceed 2017 numbers
RED DEER- Total year-to-date building permit values remain higher than those in 2017, however values for November were less than those in November 2017. November 2018 building permit values were $23 m...
Dec 06, 2018

RDC hosting seminars, competition for aspiring entrepreneurs
This winter, Red Deer College will be hosting two opportunities that will help to educate and encourage future small business owners. The Business Basics for the Aspiring Entrepreneur Seminar along wi...
Dec 04, 2018

Market Watch - November 30, 2018
Dovish Fed Remarks Help Spark Equity Rally The Dow climbed more than 600 points Wednesday, erasing its November losses, after Fed Chair Jerome Powell's remarks quelled investor fears over the prospect...
Nov 30, 2018