Business & Economy

Plan to allow office space at Edgar Industrial Park building goes to public hearing

A plan to locate an office-based business at a building in Edgar Industrial Park has gained initial approval from Red Deer city council. On Monday, council went against the recommendation of city admi...

Jul 07, 2020

Global oil demand rebound from pandemic's lows prompts price spike forecasts

CALGARY - Oil analysts say a rebound in the world's hunger for oil has already started after demand destruction caused by the COVID-19 pandemic fell far short of what many experts had expected.Amrita ...

Jul 06, 2020

Aurora Cannabis names new chief commercial officer

Aurora Cannabis has named a new chief commercial officer.Miguel Martin, president of Aurora USA and head of Reliva, has been appointed chief commercial officer of Aurora, effective immediately. Martin...

Jul 06, 2020

Bank of Canada survey says business hiring plans remain muted due to pandemic

OTTAWA - Companies that have laid off workers are telling the Bank of Canada they plan to refill some positions over the next year, but many hiring plans remain muted over COVID-19-related uncertainty...

Jul 06, 2020

Biden could be swayed to supporting Keystone XL: Kenney

OYEN, Alta. - Alberta Premier Jason Kenney says he believes United States presidential hopeful Joe Biden can be swayed to supporting the Keystone XL pipeline. The presumptive Democratic...

Jul 03, 2020

Supreme Court dismisses Indigenous appeal of Trans Mountain pipeline approval

OTTAWA - The Supreme Court of Canada will not hear a new appeal from British Columbia First Nations over the Trans Mountain pipeline expansion. The court on Thursday dismissed the appeal from the Squa...

Jul 02, 2020

Part of downtown hotel to be turned into apartments

A portion of an existing hotel in downtown Red Deer will be converted into apartment units after the city's municipal planning commission gave the go ahead for the project on Tuesday. Shaz Bharwani, c...

Jun 30, 2020

Applications open for fund to help Indigenous community-owned businesses

Indigenous community-owned businesses can now apply for up to $500,000 in funding for ventures that demonstrate social and economic benefits for their communities.The closing date for applications for...

Jun 30, 2020

Chamber of Commerce welcomes Alberta’s Recovery Plan

The Red Deer & District Chamber of Commerce is weighing in on Alberta's Recovery Plan, announced Monday by Premier Jason Kenney, saying they're pleased to see the provincial government is focusing...

Jun 30, 2020

Business registration now faster, easier across western provinces

Until now, Alberta, British Columbia, Saskatchewan and Manitoba had separate processes and systems for corporations and limited partnerships to complete their extra-provincial business registrations a...

Jun 29, 2020