Category Archives: Business
Auto insurance company leaving Alberta, nearly 16,000 to be affected
MEDICINE HAT, AB - An unnamed auto insurance agency was announced to be pulling out of Alberta on Thursday, the name of the organization has not been released. The decision will affect around 16,000 A...
Jul 21, 2023
Market Watch: July 21
WEEK IN REVIEWGLOBAL MARKETS GIVE UP SOME GAINS LATE IN THE WEEK U.S. equities managed to stay in the black, returning 0.67%1 , after posting relatively strong gains for the first half of the week but...
Jul 21, 2023
Alberta on the Plate
Participating establishments in Camrose, Drumheller, Linden, Lacombe, Red Deer, Innisfail, Elnora, Wetaskiwin, St. Albert, and Spruce Grove are participating in the fifth annual Alberta on the Plate d...
Jul 20, 2023
Canada's inflation rate tumbles to 2.8% in June, nearing Bank of Canada's target
OTTAWA, ON - Statistics Canada says Canada's inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada's target range for the first time in more than two years.Statistics Ca...
Jul 18, 2023
Market Watch: July 14
WEEK IN REVIEW Strong earnings, low inflation set the stage for risk asset rallyU.S. equities returned 2.44 per cent1 following a spate of strong earnings and low inflation in June, while Canadian equ...
Jul 17, 2023
Red Deer home sales increase last month compared to June 2022
While Red Deer saw slightly lower home sales this June compared to the month prior, there was an increase compared to the same month last year. According to the Central Alberta Realtors Association (C...
Jul 17, 2023
Lacombe County receives $30,000 from Northern and Regional Economic Development program
Lacombe County has announced they are a successful recipient of a new grant offered through the Alberta Ministry of Jobs, Economy and Trade (JET). Officials say the Northern and Regional Economic Deve...
Jul 14, 2023
Red Deer building permit values continue to decrease in June
Red Deer building permit values decreased in June, with 95 approved permits valued at $4 million, compared with 74 permits issued in June 2022 worth almost $11 million. Year-to-date values remain lowe...
Jul 13, 2023
BoC raises key interest rate to 5%, expects slower return to inflation target
OTTAWA, ON - The Bank of Canada raised its key interest rate by a quarter of a percentage point this morning, bringing it to five per cent. Forecasters were widely expecting the move as the economy co...
Jul 12, 2023
Ottawa announces $76.1 million for solar power in southern Alberta
The Government of Canada looks to bolster solar energy production in Alberta.Minister of Natural Resources Jonathan Wilkinson announced federal funding for solar power projects in the province, includ...
Jul 12, 2023