Tag Archives: Business & Economy

Town of Rocky Mountain House launches online festival to help businesses grow digitally
An online event taking place in Rocky Mountain House aims to give local entrepreneurs, creators and producers, training on how to build business through social media.The Town of Rocky Mountain House, ...
Nov 19, 2020

Drilling forecast calls for 14% rebound in 2021 from depths of 2020 activity
CALGARY - The organization that represents Canadian drilling contractors is forecasting a 14 per cent increase in the number of oil and gas wells to be drilled in Canada in 2021 compared with the hist...
Nov 18, 2020

Red Deer County offers tax break to energy companies
Red Deer County council has authorized an alternative tax payment plan for struggling oil and gas companies in central Alberta.The approval granted last Tuesday, allows oil and gas companies operating...
Nov 17, 2020

Alberta's energy minister pushes back at attempt to shut down Enbridge's Line 5
Alberta's Energy Minister says an attempt by Michigan's governor to shut down Enbridge's Line 5 pipeline will likely be "headed to a long, protracted process in the American court system."Sonya Savage...
Nov 16, 2020

Proposed city budget gets thumbs up from Chamber of Commerce
The City of Red Deer's proposed budget for 2021 and 2022 is getting an initial 'thumbs' up from the Red Deer and District Chamber of Commerce.The chamber says a "long-time ask" has been answered with ...
Nov 13, 2020

The Big Future Innovation Grant launches province-wide
The Big Future Innovation Grant, a grant created for innovative small businesses, has launched across the province, inviting Alberta-based small business owners and entrepreneurs to apply to win one o...
Nov 10, 2020

New restaurant planned at former Hudson's location
A new restaurant is set to open next month in downtown Red Deer.The Pizza Co. plans to open in the former Hudson's pub location at Executive Place at the corner of Ross Street and 49 Avenue. The space...
Nov 09, 2020

Alberta's GDP grew just 0.1 per cent in 2019
Even prior to the COVID-19 pandemic, Alberta's economy was struggling to grow.A new report from Stats Canada, real gross domestic product (GDP) nation-wide rose 1.9 per cent in 2019 with every provinc...
Nov 09, 2020

MARKET WATCH: Nov. 6
Big Picture Markets Register Strong Gains, Despite Election Uncertainty After sharp declines last week, U.S. stocks rebounded strongly Monday-the day before what may stand to be one of the important, ...
Nov 06, 2020

Red Deer jobless rate drops 1% in October
The local unemployment rate took another step in the right direction last month. October numbers released Friday morning show the Red Deer region's jobless rate fell one per cent to 11.1 from 12.1 in ...
Nov 06, 2020