Category Archives: Business
July building permit numbers up over last year but values down
RED DEER- The number of building permits issued last month exceeds the number from July of last year, but permit values were lower. There were 132 total permits issued last month, compared to 100 in J...
Aug 18, 2017
Sears Canada to create fund for laid off employees who received no severance
TORONTO - Lawyers representing workers at Sears Canada and the company have reached a deal to create a hardship fund for former employees who were denied severance payments when they lost their jobs a...
Aug 15, 2017
2017's been a slow year for home starts in Red Deer
RED DEER- CMHC is out with July housing starts for Red Deer. There were 14 single family and multiple unit home starts, down from 20 in July of last year. So far in 2017, housing starts in our city si...
Aug 09, 2017
Red Deer area unemployment rate continues to fall
RED DEER- More positive news about the number of people unemployed in the Red Deer area. The jobless rate dropped from 7 per cent in June to 5.8 per cent last month. The unemployment rate in our area ...
Aug 04, 2017
Syncrude charged in deaths of blue herons
CALGARY – The Alberta Energy Regulator has charged Syncrude Canada in the deaths of 31 great blue herons at its Mildred Lake oilsands mine two years ago. The company is charged with failing to p...
Aug 04, 2017
Canadian Natural Resources CEO confident KXL pipeline will be built
CALGARY - The CEO of one the biggest crude oil producers in Canada says he’s confident that the Keystone XL pipeline will be built despite doubts related to lower oil prices and regulatory obsta...
Aug 03, 2017
PSAC increases 2017 Drilling Forecast
CALGARY- Due to a strong second quarter, the Petroleum Services Association of Canada (PSAC), has announced it is increasing the number of wells they had forecast to be drilled in 2017. The Canadian D...
Aug 01, 2017
Hamill’s Dairy Queen celebrates 50 years of community involvement in Red Deer
A local family-owned business is celebrating fifty years of providing the Red Deer community with hot eats, cool treats and plenty of support along the way. The Hamill family started with one Dairy Qu...
Jun 30, 2017
Tip Top Tailors owner sells assets in deal that will see 140 stores remain open
TORONTO - The assets of Grafton-Fraser Inc., owner of Tip Top Tailors and other menswear chains, have been bought by U.S.-based GSO Capital Partners in a move to stabilize the Canadian retail business...
Jun 28, 2017
Alberta government won't respond in beer-tax court challenge until Sept. 19
CALGARY - The Alberta government won’t get to defend the constitutionality of its beer tax system in court until Sept. 19. The delay comes after arguments from lawyers representing two breweries...
Jun 23, 2017