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Business

getting int'l travelers back critical
Tourism Red Deer and Alberta Government excited about 2024 tourism season
The spring and summer tourism season is upon us here in Alberta, and there are many folks excited about what it can yield for the region and province.That includes Jesse Smith, CEO at Tourism Red Deer, which hosted a town hall event this week in collaboration with Travel Alberta, Indigenous Tourism Alberta, Tourism Ind...
Apr 25, 2024
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$57 Million Investment
Government aiming to make Alberta become a hydrogen powerhouse
The Alberta government says it is investing $57 million to support new hydrogen technologies that are expected to reduce emissions, grow the economy and help the province keep powering the world.According to provincial officials, Alberta is already Canada's hydrogen leader, producing and using more hydrogen than anywhe...
Apr 25, 2024
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On-Track
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 told analysts on a conference call Wednesday."Obviously hope for the best, but you have to make sure you pl...
Apr 24, 2024
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4-7 p.m. Wednesday
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 say owners are invited to drop in to share their thoughts to provide suggestions for improvement. The City says its ope...
Apr 24, 2024
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Reduce Competition?
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 Transport Minister Pablo Rodriguez, the bureau says the deal is likely to hurt competition in markets for grain pur...
Apr 23, 2024
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Provincial Politics
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 agricultural powerhouse with diverse and innovative industries, including a thriving bioprocessing sector. When companies se...
Apr 22, 2024
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sponsored
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 higher, but odds of June interest rate cut boostedFed Chair Jerome Powell dials back expectations on rate cutsChina's first...
Apr 20, 2024
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Individuals aged 55 and over
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 & District Chamber of Commerce conducted the project, funded by the provincial and federal governments and administered by...
Apr 18, 2024
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retrofitting building
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 Redevelopment Plan to rezone 5402 47 Street from CAP-TD Capstone Taylor Drive District to CAP-PR Capstone Primarily Residential...
Apr 18, 2024
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Highlights And Areas Of Concern
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 organization says is sorely needed for economic growth. Scott Robinson CEO for the Red Deer District Chamber commented, "...
Apr 17, 2024
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