This week's highlights Global equities advance following renewed expectations for rate cuts Labour market slack pushes bond yields lower Canada's economy misses growth forecasts in February; first-quarter GDP seen up 2.5% Fed acknowledges inflation setback, holds rates steady China's factory activity keeps growing but ...

Provincial government officials say Alberta is creating Canada's first geothermal test site to advance drilling innovation, reduce emissions and create jobs.Government officials say geothermal energy uses naturally occurring heat within the earth to heat water and buildings and generate power, with few emissions or env...

A partnership between Red Deer Polytechnic will continue to drive sustainable energy projects, thanks to new memorandum of understanding (MOU).The two originally forged a relationship in 2019.In that time, work included:RDP providing an introductory solar training program for the PLTs (Power Line Technicians).Fortis pu...

A non-profit in Alberta looks to build an international train route, connecting the prairie province and Montana.Integrated Travel Research and Development has released its Alberta-Montana Passenger Rail Feasibility Report.It proposed creating an 888.9 kilometre route between Calgary and Livingston, Montana. It could h...

BILD Central Alberta (BILDCA) has announced the finalists for its 2024 Central Alberta Awards for Excellence in Housing.These are the premier awards for recognizing outstanding achievements in residential construction in the region.This year, there were more than 150 entries for 36 awards, including categories for best...

Uride is joining Uber and local taxis in the Red Deer ridesharing marketplace, and it's holding a virtual info session May 2.Uride, based in Thunder Bay, was founded in 2017 by former Canadian and Italian pro soccer play Cody Ruberto, and it focuses on smaller markets that are overlooked by the industry's bigger player...

Alberta's government says it will develop a Passenger Rail Master Plan as the foundation to advancing passenger rail in the province. Since the early days of Alberta's development, government officials say the province has been shaped by the iron rails that crisscross its landscape. Officials note, the arrival of the t...

A local oilfield equipment supplier will pay $360,000 related to a workplace fatality. On Feb. 21, 2024 in the Red Deer Court of Justice, Isolation Equipment Services Inc., of Red Deer County, pleaded guilty to one charge under the Occupational Health and Safety (OHS) Code for failing to take measures to eliminate the ...

This week's highlights Equity markets make about face following strong earnings reports Yields broadly higher following GDP reading and Fed's preferred inflation measure Canadian retail sales slip 0.1% in February, seen flat in March U.S. economic growth slows to 1.6% German business sentiment continues to brighten In ...

Retail and pharmacy chain London Drugs says in a post on social media that it has closed all of its stores in Western Canada temporarily due to what it called an "operational issue."Various news outlets reported the company shared by email that it was a cybersecurity incident, and that the store closures were...