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...

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...

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...

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...

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, "...

At a Red Deer & District Chamber luncheon on Tuesday, guests learnt about sustainable energy initiatives taking place in the region, particularly in carbon capture storage (CCS) and waste-to-energy (WTE). Held at the River Bend Golf & Recreation Area, speakers included Sean Collins, Chief Executive Officer of...

This week's highlightsGlobal equities trade lower as risks begin to pile upYields push new highs as rate cut expectations unwindBank of Canada holds rate steady, says it's more confident in inflation easingHigher gas and rents keep U.S. inflation elevated, likely delaying Fed rate cutsEuropean Central Bank holds rates ...

Red Deer home sales saw an increase in March 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 157 units sold in March, up from 110 units sold in February, and 147 units sold in March 2023.Year-to-date numbers show ...

There was a slight rise in the Red Deer region's unemployment rate last month, but the rate is still lower than in March of last year.According to the latest figures from Statistics Canada, the Red Deer region's unemployment rate was 7.0 per cent last month, up slightly from 6.9 per cent in February, but still lower th...

Safe Harbour is offering customizable workshops for businesses and interested individuals to learn about homelessness, addictions, and ways they can help. The organization, currently running the temporary homeless shelter on Cannery Row along with many other services, began offering the workshops a few months ago to en...