Tag Archives: Business & Economy

Documents show Biden plans Day 1 order nixing Keystone XL
WASHINGTON - One of Joe Biden's first actions once he becomes U.S. president Wednesday will be to slam the door yet again on Canada's politically fraught Keystone XL pipeline expansion, transition doc...
Jan 17, 2021

Easing of restrictions good news for some, frustrating for others
The easing of some of Alberta's public health restrictions comes as good news for some business owners and frustration for others. The Alberta government announced Thursday that starting this Monday, ...
Jan 15, 2021

Oil and gas industry forecasts small spending rise after slashed budgets in 2020
A forecast calling for a modest increase in capital spending in the Canadian oilpatch this year after a tumultuous 2020 of budget slashing is being hailed as a sign of better times ahead for the indus...
Jan 14, 2021

Over 22,000 fewer people working in Red Deer region than two years ago
Despite a modest drop in the Red Deer region's unemployment rate from 10.4 per cent in November to 9.6 per cent in December, officials with the Chamber of Commerce, however, say it's more important to...
Jan 13, 2021

Air Canada slashes capacity, cutting more jobs
MONTREAL -- Air Canada says it will cut 1,700 jobs as it scales down flights for the first quarter of 2021.The 25 per cent reduction in service will also affect 200 employees at Air Canada's Express c...
Jan 13, 2021

Innisfail barbershop opens as promised, AHS orders it close
True to her word, an Innisfail barbershop owner opened her chair to customers on Tuesday in defiance of provincial public health restrictions. Natalie Klein had told rdnewsNOW that the risk of a fine ...
Jan 12, 2021

Feds change sick-leave benefit, applicants required to say if they travelled
OTTAWA - Anyone applying for three federal benefits will now need to say whether they are in quarantine because they travelled outside the country. The Canada Revenue Agency announced the new requirem...
Jan 11, 2021

Red Deer business owners frustrated by ongoing shutdowns
Local restaurant, gym, and wellness centre operators are expressing further frustration following Thursday's announcement of at least two more weeks of Alberta's current public health restrictions rem...
Jan 08, 2021

MARKET WATCH: Jan. 8, 2021
Big Picture Markets React as Dems Take Senate Races, Trump Mob Storms CapitolThe first trading session of 2021 began with a whimper on Monday, with all three major U.S. markets dropping more than 1%, ...
Jan 08, 2021

Building permit values up in December
The City of Red Deer says building permit applications increased in both quantity and value last month when compared with the same month the year prior. According to the latest stats, 69 building perm...
Jan 08, 2021