Category Archives: Business

Lacombe County working on cannabis legislation
Lacombe County is working on legislation governing the production and consumption of cannabis. A resolution was put forth at the Aug. 9 council meeting to amend the County's Land Use Bylaw to designat...
Aug 20, 2018

Chamber recruiting volunteer committee members
The Red Deer and District Chamber of Commerce is recruiting volunteers to fill new committees created in a bid to bolster their reach, expertise, and relevance in an evolving business climate. In a re...
Aug 20, 2018

Market Watch - August 17, 2018
Big Picture – By Bill Curry Markets Recover as Concerns Ease Over Turkish Lira, Trade Conflict North American markets recovered ground on Thursday during a week that started ominously for financ...
Aug 17, 2018

NEB allows Trans Mountain to begin construction on parts of pipeline expansion
CALGARY – The National Energy Board says Trans Mountain Pipeline ULC can start construction on sections of its pipeline expansion between Alberta and British Columbia. The NEB says that Trans Mo...
Aug 17, 2018

FortisAlberta fined $300,000 for contravening PCB regulations
HINTON- On May 12, 2016, FortisAlberta reported that one of their transformers, located in the town of Hinton, had leaked oil. An investigation conducted by enforcement officers found that the company...
Aug 16, 2018

Nexen Energy dealing with another pipeline leak
FORT MCMURRAY- A month after being ordered to pay 750,000 dollars in fines for a 2015 pipeline leak, Nexen Energy is reporting a spill of 270,000 litres from a different pipeline at the same northern ...
Aug 16, 2018

Market Watch - August 10, 2018
Big Picture By Bill Curry S&P, Nasdaq Inch Toward Records; Canadian Markets Withstand Saudi Wrath The S&P 500 and tech-heavy Nasdaq on Tuesday hit their second-highest close in history on the ...
Aug 10, 2018

Red Deer area unemployment rate up slightly in July
RED DEER- Stats Canada is out with unemployment numbers for July. In the Red Deer area, the unemployment rate edged up from 5.4% to 5.6%. The Alberta rate also rose from 6.5% to 6.7%. The national job...
Aug 10, 2018

July a slow month for Red Deer home builders
RED DEER- CMHC is out with July housing starts in Red Deer. There were 7 starts on single family/multiple unit homes last month. There were 14 in July of 2017. So far this year there have been 91 hous...
Aug 09, 2018

Spitz facility up for sale in Bow Island
BOW ISLAND — Employees at the Spitz Sunflower Seed Factory worked their last day earlier this month and the site has officially been listed for sale. PepsiCo announced in February they would be ...
Aug 07, 2018