Category Archives: Business

Westerner Park searching for new sponsor after Peavey Mart closes doors
Westerner Park says the closures of Peavey Mart in Red Deer will have a significant impact on the community.It marks the end to a five-year partnership agreement between Peavey Mart and Westerner Park...
Feb 05, 2025

Trudeau says U.S. tariffs on Canada will be paused for 30 days
Prime Minister Justin Trudeau says the U.S. has agreed to pause tariffs on Canada for at least 30 days after he spoke with President Donald Trump this afternoon.Trudeau says in a social media post tha...
Feb 03, 2025

Market watch: Jan. 31
This week's highlightsPositive economic data takes a backseat to tariffsBond markets remain firm despite trade uncertaintyBank of Canada cuts rate by quarter point, highlights tariff riskU.S. Federal ...
Jan 31, 2025

Downtown Business Association seeks farmers market partner
The Red Deer Downtown Business Association (DBA) is seeking a new partner to take over the operation of the Downtown Market, which is held weekly in the summer on Little Gaetz Avenue. The DBA is hopin...
Jan 31, 2025

Alberta government introduces Automatic Yes Toolkit to reduce permit red tape
The Government of Alberta has launched a new tool, the Automatic Yes Toolkit, in an effort to reduce red tape and improve efficiency, prevent project delays, create jobs and drive economic growth thro...
Jan 29, 2025

BoC cuts key rate by quarter point to 3 per cent as tariff threats loom
The Bank of Canada delivered another interest rate cut on Wednesday, reducing its policy rate by a quarter percentage point to three per cent. But looming U.S. tariffs are weighing on the central bank...
Jan 29, 2025

Market Watch: Jan. 24, 2025
This week's highlightsEquity markets move higher even as trade and growth issues simmerBond markets tread water amid interest rate uncertaintyCanada's annual inflation rate drops to 1.8% in December o...
Jan 27, 2025

Peavey Industries confirms closure of 96 stores across Canada
Peavey Industries has confirmed that it will close 90 Peavey Mart locations and six MainStreet Hardware locations across Canada. The Red Deer-based company issued a statement just after 8 p.m. Monday ...
Jan 27, 2025

Central Alberta Collegiate Institue shares progress with industry members
The Central Alberta Collegiate Institute (CACI) announced in an industry update on Jan. 24, that its student enrollment has almost doubled since its first official year of operations in 2023. CACI is ...
Jan 24, 2025

Central Alberta BREWD initiative launches business survey
Following a successful launch event this week, a new Business Retention, Expansion, and Workforce Development initiative (BREWD) is launching a survey.The BREWD was announced late last year, but held ...
Jan 24, 2025