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Business

$25 Million Demanded?
London Drugs says it's unwilling to pay ransom demanded by hackers
Retailer London Drugs says it is "unwilling and unable" to pay a multimillion-dollar ransom to cybercriminals who claim to have stolen data in a hacking attack that recently shut down its stores for more than a week.The company says in a statement that the criminals could leak stolen corporate files containin...
May 22, 2024
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Invaluable Tool
Tourism Red Deer unveils re-vamped visitor guide
Tourism Red Deer released its new 2024 Visitor Guide at a May 15 ribbon cutting.The new guide can be accessed digitally or in print, and presents an extensive overview of the dynamic adventures awaiting locals and travellers in the Red Deer area.Designed to be captivating, engaging, and holding a wealth of information,...
May 21, 2024
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NOMINATE UNTIL JULY 19
Business of the Year Awards nominations open
Nominations for the Business of the Year Awards, organized by the Red Deer District Chamber and held annually in conjunction with Small Business Week, opened on May 14. This year, the business awards will be presented in six new categories to businesses within the Red Deer area. All companies, whether Chamber members o...
May 21, 2024
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Sponsored
Market Watch: May 17
This week's highlights Positive inflation reading buoys equity markets Sovereign yields move lower on inflation data Canadian wholesale sales down 1.1% to $81.4 billion in March U.S. inflation eases as core prices post smallest increase since 2021 Bank of England leaves interest rates unchanged, signals it's closer to ...
May 21, 2024
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2.9% In March
Canada's inflation rate falls to 2.7% in April as price growth slows across economy
OTTAWA - Statistics Canada says the annual inflation rate fell to 2.7 per cent in April amid a broad-based deceleration in price growth.That's down from 2.9 per cent in March.The agency's consumer price index report says the slowdown was led by food prices, services and durable goods.Meanwhile, higher gasoline prices m...
May 21, 2024
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BRING YOUR SMILES
Market at Red Deer returns to RDP this long weekend
The Red Deer Public Market kicks off its latest season on May 18. Previously housed in front of the Memorial Centre and Red Deer Arena, the event moved to Red Deer Polytechnic last year and the transition has been going well."It's been a win-win-win for everybody there. It's a fantastic place to be in; the polytec...
May 17, 2024
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203 Units Sold In April
Red Deer April home sales up from March and year-over-year
Red Deer home sales saw an increase in April when compared to the month before and the same month last year. According to the latest Market Update from Central Alberta Realtors Association, there were 203 units sold in April, up from 157 units sold in March, and 180 units sold in April 2023. Year-to-date numbers show 5...
May 15, 2024
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"Game Changer"
Tourism Red Deer announces new partnership
Tourism Red Deer announced big moves for the summer, including a renewed partnership with Hotels Red Deer and a brand-new section in the tourist guide, Indigenous Red Deer. "This partnership is a game changer. It allows Hotels Red Deer and Tourism Red Deer to pool our resources as we market our region collectively...
May 15, 2024
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City council approves provincial EOI request for permanent shelter project
Red Deer city council unanimously approved a motion Monday to seek a provincial Expression of Interest (EOI) in the long-awaited permanent shelter project. An EOI from the province is expected to provide council and potential hosts for the facility with clarity on the purpose of and expectations for the shelter. The la...
May 14, 2024
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Green Light
Carnival Cinemas lot approved for rezoning
An application to have the Carnival Cinema plot rezoned to a primarily residential district was approved in its second and third readings in city council's May 13 public hearing. During the hearing, council discussed the benefits and potential drawbacks of amending the Land Use Bylaw and Capstone Area Redevelopment Pla...
May 14, 2024
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