Category Archives: Business

Toys "R" Us Canada carries on business as usual amid reports of U.S. liquidation
TORONTO – Toys “R” Us Canada says it’s business as usual amid reports that the retailer’s U.S. counterpart is preparing to liquidate operations in the United States. The ...
Mar 09, 2018

Orphan Well Association prepares for more abandoned wells
CALGARY- The head of Alberta’s Orphan Well Association says the likely failure of Sequoia Resources means a large number of the Calgary-based company’s sites will be added to its files. Al...
Mar 09, 2018

Chamber president pleased, for now, with exemption from Trump steel, aluminum tariffs
Canada can breathe easier, for now. It’s getting relief from U.S.tariffs on steel and aluminum for an undetermined period. Signing the proclamations in front steelworkers and high-level governme...
Mar 08, 2018

Fortis exec talks cyber-security at Chamber lunch
The ever-growing threat of cyber-security was the topic du jour at the latest Red Deer and District Chamber of Commerce luncheon on Thursday. Chief Information Officer of Fortis Inc. Phonse Delaney to...
Mar 08, 2018

February Red Deer housing starts down over 2017
RED DEER- CMHC is out with housing starts for Red Deer in February. There were a total of 13 single family/multiple unit home starts. That is five fewer than in Februray of 2017. So far this year ther...
Mar 08, 2018

Red Deer building permit values double compared to last year
RED DEER- Year-to-date building permits have doubled in value over 2017 for the first two months of the year in Red Deer. So far this year, total permits have been valued at $46.7 million compared to ...
Mar 07, 2018

Lack of pipeline capacity costing Alberta billions
CALGARY- A report from the University of Calgary estimates a lack of pipeline capacity is costing Alberta and oil producers billions of dollars in lost revenue. Research associate Kent Fellows of the ...
Mar 07, 2018

Economic outlook calls for slower, but healthier growth
Alberta is in for a year of growth, but not one residents may be accustomed to. That was the main message at the Sheraton Hotel Red Deer on Tuesday where the Conference Board of Canada hosted one of i...
Mar 06, 2018

Local home sales on the rise
It appears the local real estate market is heating up with area home sales posting four-year highs in January. Officials with the Central Alberta Realtors Association say residential sales numbered 22...
Mar 01, 2018

Uber Eats launches in Red Deer
Uber is now offering its popular Uber Eats service in Red Deer. The company launched its ride-sharing service in our city last year and as of this past Monday, has made Uber Eats available as well. Wi...
Mar 01, 2018