Category Archives: Business

Canadian Pacific prepares for potential rail strike next month
Canadian Pacific Kansas City Ltd. is preparing for the possibility of a strike by some 3,300 workers next month."The way I see it, the positions have not changed a lot," chief executive Keith Creel to...
Apr 24, 2024

City to host downtown parking feedback session
The City of Red Deer is inviting downtown business owners and operators to share feedback about Red Deer's new downtown parking system on Wednesday, April 24 from 4-7 p.m. at City Hall. City officials...
Apr 24, 2024 Red Deer City Hall (rdnewsnow file photo)

Competition Bureau raises concerns over Bunge-Viterra deal
The Competition Bureau says it is likely that Bunge Ltd.'s US$8.2-billion deal to acquire Viterra Ltd. would "substantially" reduce competition in the grain and canola oil markets.In a report to Trans...
Apr 23, 2024

Province says tax credit fuels investments in bioprocessing industry
Alberta says it will be home to the largest renewable diesel facility in Canada as Imperial qualifies for the Agri-Processing Investment Tax Credit program. Government officials say Alberta is an agri...
Apr 22, 2024

Market Watch: April 19, 2024
This week's highlightsEquity markets trade lower following spike in bond yields, delayed rate cutsYields push symbolic high as economic data continues to show strengthCanada's inflation rate ticks hig...
Apr 19, 2024

Central Alberta Older Adult Employment Strategy Assessment Project full report released
The final report for the Central Alberta Older Adult Employment Strategy Assessment Project has been released. Beginning in April 2023, the Golden Circle Senior Resource Centre and the Red Deer & ...
Apr 18, 2024

Carnival Cinemas applies to rezone for residential development
Carnival Cinemas has a new vision in mind for their location in Red Deer's Capstone neighbourhood. City council passed first reading on Monday to amend the Land Use Bylaw and the Capstone Area Redevel...
Apr 18, 2024

Red Deer District Chamber responds to federal budget
The Red Deer and District Chamber says it has reviewed the federal budget and despite a few bright spots, says there are no efforts to boost productivity and innovation in the country which the organi...
Apr 17, 2024

Red Deerians learn about carbon capture and waste-to-energy initiatives in region at Chamber luncheon
At a Red Deer & District Chamber luncheon on Tuesday, guests learnt about sustainable energy initiatives taking place in the region, particularly in carbon capture storage (CCS) and waste-to-energ...
Apr 16, 2024 Candice Patton, Vice-President of Corporate Affairs for Enhance Energy, speaks to at the Red Deer & District Chamber luncheon on Tuesday at River Bend Golf & Recreation Area. (rdnewsNOW/Alessia Proietti)

Market Watch: April 12
This week's highlightsGlobal equities trade lower as risks begin to pile upYields push new highs as rate cut expectations unwindBank of Canada holds rate steady, says it's more confident in inflation ...
Apr 16, 2024