Category Archives: Business

Alberta pipeline incident rate fell in 2017
CALGARY – The Alberta Energy Regulator says there were hundreds of pipeline safety incidents in the province last year but the rate has improved significantly in the past decade. In its annual r...
May 11, 2018

Slight jump in Red Deer area April unemployment rate
RED DEER- Statistics Canada numbers show the Red Deer area unemployment rate in April stood at 5.1%. That is up slightly from 4.9% in March. The unemployment rate in April of 2017 was 9.7%. The Albert...
May 11, 2018

Workshop shares how trade agreement with EU can benefit local business
Local business representatives were given an in-depth look Monday at the Canada-European Comprehensive Economic and Trade Agreement, or CETA. An info session was held at the Sheraton by Central Albert...
May 08, 2018

Mortgage rate increases at Big Six banks could trigger rise in qualifying rate
TORONTO - Canada’s Big Six banks have all increased their benchmark fixed-rate mortgage rate, a move analysts say could trigger a rise in the Bank of Canada’s qualifying mortgage rate as e...
May 08, 2018

April Red Deer housing starts down over 2017
RED DEER- CMHC is out with April housing starts in Red Deer. There were starts on 16 single family/multiple unit homes last month. That is four less than in April 2017. So far this year there have ben...
May 08, 2018

Market Watch - May 4, 2018
Big Picture By Bill Curry Inflation Concerns Weighing on Investor Sentiment U.S. inflation hit an important milestone early this week. Data released Monday showed the Commerce Department's price index...
May 04, 2018

Twitter urges users to change their passwords after bug exposed passwords
TORONTO – Twitter Inc. is encouraging its 336 million users to change their passwords after a bug left some exposed in an internal log. The company says it typically uses technology to mask the ...
May 03, 2018

Alberta leads country in economic growth in 2017
OTTAWA- Statistics Canada says Alberta’s economy roared back to life last year — recording the biggest growth among all provinces. The federal agency says Alberta’s gross domestic pr...
May 03, 2018

Commercial development leads big jump in April building permit values
RED DEER- Building permits took a major leap forward in April, with values surpassing April 2017 by more than 250 per cent. Building permits rose from an estimated $6 million in April 2017 to $21.4 mi...
May 02, 2018

Terra Life Sciences to start construction on 230,000 square-foot Medical Cannabis Facility in Olds
CALGARY- Terra Life Sciences will immediately begin construction on the second phase of the company’s medical cannabis cultivation operations following approval of the company’s developmen...
Apr 30, 2018