Business & Economy

Council approves economic recovery package in Penhold

Like many communities throughout Alberta, the Town of Penhold is now considering what economic recovery might look like amidst the COVID-19 pandemic.On Tuesday, town council agreed to move forward on ...

Apr 17, 2020 Mike Yargeau, Mayor for the Town of Penhold.

Federal oilpatch bailout focus on cleanup of abandoned wells, reduced emissions

Observers say the federal government's multibillion-dollar oilpatch bailout package announced Friday should come with strings attached. "(Money) should be tied to regulatory change in Albert...

Apr 17, 2020

Trudeau announces energy sector help, including $1.7B to clean up orphan wells

Support is coming for Alberta's beleaguered energy sector.Prime Minister Justin Trudeau announced a $1.7 investment to clean up orphans and inactive wells in Alberta, Saskatchewan and B.C."Our goal is...

Apr 17, 2020

Market Watch: April 17

Big PictureN.A. Markets Gain Ground on Optimism That Pandemic Could Be Slowing It was a strong start to the week as markets rallied Monday on early signs that lockdowns in the U.S. and Europe may be h...

Apr 17, 2020

Trudeau gives COVID-19 briefing for April 17

Prime Minister Justin Trudeau will share his latest update on the federal government's response to the COVID-19 pandemic.Trudeau is to speak during a news conference scheduled to begin 9:15 a.m. MT. (...

Apr 17, 2020 Prime Minister Justin Trudeau is shown speaking during a media conference on March 31 (CPAC)

Keystone XL pipeline permit cancelled by U.S. judge over endangered species concerns

A U.S. judge canceled a key permit Wednesday for the Keystone XL oil pipeline that's expected to stretch from Canada to Nebraska, another setback for the disputed project that got underway less than t...

Apr 16, 2020

Trudeau gives COVID-19 briefing for April 16

Prime Minister Justin Trudeau will share his latest update on the federal government's response to the COVID-19 pandemic.Trudeau is to speak during a news conference scheduled to begin 9:15 a.m. MT. (...

Apr 16, 2020 Prime Minister Justin Trudeau is shown speaking during a media conference on March 31 (CPAC)

City of Red Deer begins looking at path to economic recovery

As Red Deer struggles with double digit unemployment, city officials say they are looking at ways to get people back to work during and after the COVID-19 pandemic.The latest numbers released last wee...

Apr 15, 2020

Webinar examines workforce management during pandemic

The Red Deer and District Chamber of Commerce is offering a free human resources webinar entitled "COVID-19 - Managing the Strategic Impact on Your Workforce.""It is clear in everyone's mind now that ...

Apr 15, 2020

Canada's GDP fell by 9% in March, largest drop since at least 1961

LETHBRIDGE, AB - Statistics Canada has released its "flash estimate" for Canada's gross domestic product (GDP) for last month and it's not good.They say Canada's GDP declined by approximately nine per...

Apr 15, 2020 Statistics Canada. (The Canadian Press)