Category Archives: Business
Market Watch - December 21, 2018
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 ...
Dec 21, 2018
Amazon announces new distribution centre south of Edmonton
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...
Dec 18, 2018
Market Watch - December 14, 2018
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 ...
Dec 14, 2018
Suncor plans 10% production increase for 2019
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...
Dec 14, 2018
Blackfalds seeks concession operator for Abbey Centre
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 ...
Dec 12, 2018
Blackfalds approves Land Use Bylaw amendments for cannabis
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...
Dec 12, 2018
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