Category Archives: Business

Building permit value fluctuations in 2023 not of huge concern
Just staring at the numbers, one may think 2023 was a problem year for building permit values in Red Deer.For instance, the total value of this year's 967 permits -- through November -- is just over $...
Dec 14, 2023

Market Watch: December 8
This week's highlightsEquity markets continue in their 5-week rallyBond yields grasp mixed signals of labour reportsBank of Canada holds key interest rate steady but warns ready to hike againU.S. job ...
Dec 11, 2023

Canadian privacy regulators launch principles for responsible development and use of generative AI
Federal, provincial, and territorial privacy authorities have launched a set of principles to advance the responsible, trustworthy, and privacy-protective development and use of generative artificial ...
Dec 07, 2023

Alberta reacts to federal emissions cap on oil and gas sector
Canada's oil and gas industry says the emissions cap framework announced by Ottawa could result in significant production curtailments by companies. The Canadian Association of Petroleum Producers (CA...
Dec 07, 2023

Alberta announces more funding for film and TV production
LETHBRIDGE, AB - Alberta is continuing its push as a hot spot for film and television production.On December 7, 2023, the province announced that the Alberta Made Screen Industries Program will suppor...
Dec 07, 2023

Province aiming to help industry reduce emissions and create jobs
The Alberta government says it is investing $31.3 million in new projects to reduce global emissions, create value-added bitumen products and drive the province's economy forward.Provincial officials ...
Dec 06, 2023

Bank of Canada holds key interest rate steady at 5% in final decision of 2023
OTTAWA, ON - The Bank of Canada once again held its key interest rate steady at five per cent Wednesday, encouraged by evidence that higher rates are helping bring inflation down."Higher interest rate...
Dec 06, 2023

Province helping Alberta agri-food businesses grow
Alberta's government says it is providing better access to space and expertise for start-ups and established food processing businesses to grow their business.Government officials say Alberta's agricu...
Dec 05, 2023

Red Deer region's unemployment rate rises in November
The Red Deer region once again had the highest rate of unemployment in the province last month.According to the latest figures from Statistics Canada, the Red Deer region had a jobless rate of 7.9 per...
Dec 05, 2023

Land annexation for northwest Red Deer commercial 'power centre' approved by province
The City of Red Deer has been given the green light from the province that it can move ahead with officially annexing a portion of land, northwest of the current city limits, from Red Deer County.The ...
Dec 05, 2023