Business & Economy

Petroleum Services Association of Canada lowers 2020 drilling forecast (again)

CALGARY - The Petroleum Services Association of Canada is cutting its 2020 Canadian drilling forecast for a third time as the industry remains mired in a slump expected to extend well into the second ...

Jul 29, 2020

More homes selling locally but prices still trail last year

The local real estate market continues to rebound but remains still trails where it was at this time a year ago.According to the latest figures from Central Alberta Realtors Association (CARA), there ...

Jul 27, 2020

Market Watch: July 24

Big Picture Market Optimism Derailed Thursday as U.S. Jobless Claims Rise U.S. stocks climbed Monday, fueled by a rally in tech stocks and promising news on two coronavirus vaccines progressing toward...

Jul 24, 2020

Province announces strategic programs to create jobs and attract investment to tech sector

EDMONTON, AB- Alberta's government is introducing the Innovation Employment Grant (IEG).This program is going to promote economic growth and job creation by supporting small and medium-sized businesse...

Jul 22, 2020

Federal government reports $29M profit since buying Trans Mountain pipeline in 2018

The federal government says the Trans Mountain pipeline has earned net income of $29 million from operating revenues of $728 million in the 19 months since it was purchased.In an analysis, the Parliam...

Jul 22, 2020

Provincial funding for 20 projects to reduce natural gas emissions

The province is investing in 20 new projects it says will create more than 750 jobs in Alberta while also reducing emissions in the natural gas sector.The Natural Gas Challenge launched in October by ...

Jul 22, 2020

City council approves zoning swap to spur new development in Timberlands

Red Deer city council has approved the rezoning of two sections of land in the Timberlands neighbourhood in a bid to incentivize further development in the area.On Monday, council gave second and thir...

Jul 21, 2020

Council gives first reading to bylaw focusing on downtown economic development

Red Deer city council has given first reading to a bylaw aimed at improving economic activity in the downtown core.Bylaw 3357/O-2020 removes Temporary Care Facility Use from the Gaetz-Ross Heritage Ar...

Jul 20, 2020

Rocky Chamber touts “The Big Spend” to support local small business

The Rocky Mountain House & District Chamber of Commerce is encouraging local residents to get out and support local small businesses as part of a national promotion happening next weekend. "The Bi...

Jul 18, 2020

Province boosts funding support for unemployed apprentices during training

LETHBRIDGE, AB - Eligible apprentices can now qualify to receive $1,500 from the Government of Alberta during their classroom instruction period.When the Apprentice Training Award (ATA) commenced in 2...

Jul 16, 2020