Tag Archives: Business & Economy
Province spending $50 million towards industry-funded technology jobs
EDMONTON, AB - The Alberta Government and Minister of Jobs, Economy, and Innovation, Doug Schweitzer announced on Tuesday the spending of $50 million from the industry-funded Technology Innovation and...
Oct 28, 2020
Cenovus to cut up to 25% of workforce following Husky takeover
CALGARY, AB. - Cenovus Energy Inc. is aiming to cut as many as one in four jobs potentially more than 2,000 workers if it succeeds in its $3.8-billion friendly takeover of rival Husky Energy Inc.The o...
Oct 27, 2020
Alberta to limit temporary foreign worker program to save jobs for Albertans
EDMONTON - The Alberta government is hoping to get more Albertans employed by moving to limit the number and type of temporary foreign workers it allows into the province.Labour and Immigration Minist...
Oct 26, 2020
Le Chateau plans to close all stores
Shoppers are likely to lose another option for clothes in Red Deer.Le Chateau announced Friday it is seeking to shut down all 123 locations across Canada and liquidate its assets. Bower Place Shopping...
Oct 23, 2020
MARKET WATCH: Oct. 23
Big Picture Markets Remain Focused on Prospects for U.S. Stimulus Canadian and U.S. indexes declined on Monday as U.S. lawmakers still struggled to reach an agreement on coronavirus stimulus that woul...
Oct 23, 2020
Alberta lifting cap on crude oil production by year’s end
EDMONTON, AB - The Alberta government is lifting oil production limits by the end of this year.The province says this will allow producers to utilize available pipeline capacity and create jobs. While...
Oct 23, 2020
WestJet to refund some passengers whose flights were cancelled because of COVID-19
WestJet says it will begin providing refunds to passengers who had their WestJet and Swoop flights cancelled by the airlines as a result of the COVID-19 pandemic.The company says the refunds - the fir...
Oct 22, 2020
Chamber of Commerce honours 2020 Business of the Year winners
The Red Deer & District Chamber of Commerce announced the 2020 Business of the Year Awards to five recipients at their 37th Business of the Year Awards held at the Cambridge Red Deer Hotel & C...
Oct 21, 2020
Dustin Snider re-elected Chamber of Commerce president
The Red Deer & District Chamber of Commerce held its 126th Annual General Meeting and Organizational Meeting Monday evening at Riverbend Golf Course where Dustin Snider from Earl's Restaurant was ...
Oct 21, 2020
Feds approve natural gas pipeline expansion west of Rocky Mountain House
The federal government has approved the expansion of a natural gas pipeline through Clearwater County, west of Rocky Mountain House.On Tuesday, Natural Resources Minister Seamus O'Regan gave the green...
Oct 20, 2020