Category Archives: Business
Bank of Canada raises key interest rate amid stubbornly high inflation
The Bank of Canada announced a quarter-percentage point rate hike Wednesday, the first interest rate increase since January, as high inflation persists.the central bank announced a pause earlier in Ja...
Jun 07, 2023
Red Deer and District Chamber of Commerce hosts first ever Central Alberta Business Summit
Roughly 150 people from across the region and country were in attendance at the first ever Central Alberta Business Summit on Tuesday in Red Deer.Held by the Red Deer & District Chamber of Commerc...
Jun 06, 2023
The Jungle Farm helping the community plant, grow and eat healthy food
After the past few years of COVID and hail disruptions, officials with The Jungle Farm near Innisfail are thrilled to be welcoming back guests, including individuals, families, groups and school class...
Jun 02, 2023
Market Watch: June 2, 2023
Big Picture Corporate earnings influence investors' decisionsOn Monday, positive sentiment in response to the U.S. debt ceiling agreement was partially offset by concerns that recent economic data cou...
Jun 02, 2023
Peavey Industries buys Guy's Freightways
Red Deer-based Peavey Industries LP has acquired long-term partner and fellow central Alberta business Guy's Freightways.Guy's is a leading logistics and transport company established in 1975 by Berni...
Jun 01, 2023
State & Main raises thousands for women's causes
A local restaurant and fellow locations across Canada have raised $28,000 for local charities supporting women.State & Main's Mother's Day campaign 'For Mom, For Women' had a goal if $30,000.In 23...
Jun 01, 2023
Red Deer & District Chamber of Commerce Statement: Alberta Election
The Red Deer & District Chamber of Commerce is offering its congratulations to the newly re-elected United Conservative Party (UCP) government in Alberta."As we embark on the next four years, we e...
May 31, 2023
Market Watch: May 26
Big PictureCorporate earnings influence investors' decisions Monday was a quiet day with markets, little changed in the U.S. as there were no economic releases and all eyes focused on debt ceiling neg...
May 29, 2023
Olymel reducing hog production in Alberta and Saskatchewan; no job cuts at Red Deer plant
Olymel says it is cutting about 80 jobs as it reduces its hog production in Western Canada.However, Casey Smit, Vice-President of Swine Production for Western Canada, says there is no intent to make s...
May 26, 2023
Seeding in central Alberta slightly behind 5-year average
Seeding is 8 per cent behind the 5-year average at 52 per cent complete throughout central Alberta as of May 16.That according to the latest Alberta Crop Report from AFSC and the Government of Alberta...
May 19, 2023