Category Archives: Business
Safety Compliance Team conducts latest round of bar and restaurant checks
Another round of safety checks at local restaurants and bars took place last Friday evening, according to The City of Red Deer. The checks were conducted by the Public Safety Compliance Team. Ten chec...
Nov 05, 2018
Attracting investment through the Edge Investment Forum
A 10-year series of investment attraction events for central Alberta kicked-off during CFR 45 at Red Deer's Westerner Park on Thursday. Over 100 people attended The Edge Investment Forum at the Prairi...
Nov 02, 2018
Market Watch- Nov. 2, 2018
Global Stocks Stage Rally After Rough October Global equities began November with a broad rally on Thursday after a miserable October, boosted by upbeat earnings reports and signs of hope that cooler ...
Nov 02, 2018
Red Deer area unemployment rate falls in October
RED DEER- The Red Deer area unemployment rate for October was 6.3%. That is nearly a full percentage point lower than September’s 7.2%. Meanwhile, the Alberta unemployment rose from 7.0% to 7.3%...
Nov 02, 2018
PSAC Forecasts 6,600 Wells Drilled in 2019 - The Pain Continues
CALGARY- The Petroleum Services Association of Canada is predicting more pain for the oil and gas sector next year. It predicts a total of 66-hundred wells will be drilled in Canada in 2019, down abou...
Nov 02, 2018
Imperial reports $749 million profit for Q3
CALGARY – Imperial Oil says it earned $749 million in the third quarter to more than double its profit from last year. The company says the profit worked out to 94 cents per share for the quarte...
Nov 02, 2018
Enbridge reports third-quarter loss
CALGARY – Enbridge says it lost $90 million in its latest quarter as it was hit by a number of one-time charges. The pipeline and utility company says the loss amounted to five cents per share f...
Nov 02, 2018
TransCanada going ahead with expansion of Nova Gas, reports Q3 profit up
CALGARY- TransCanada says it will go ahead with a $1.5-billion expansion of its Nova Gas Transmission System. The plan includes approximately 197 kilometres of large diameter pipeline, three compressi...
Nov 01, 2018
Suncor Energy reports $1.5 billion Q3 profit
CALGARY- Suncor Energy is reporting third-quarter operating income of 1.5-billion dollars, an 80-per-cent increase over the same period a year earlier. The earnings amount to 96 cents per share, in li...
Nov 01, 2018
Canadian Natural reports $1.8B Q3 profit, up from $684M a year ago
CALGARY – Canadian Natural Resources reported a third-quarter profit of $1.80 billion, up from $684 million a year ago. The oil and gas producer says the profit amounted to $1.47 per diluted sha...
Nov 01, 2018