Business & Economy

Red Deer region unemployment climbs in February

Red Deer's unemployment rate jumped again last month and is the highest in the province.The latest numbers released Friday by Statistics Canada show the local jobless rate in February climbed to 8.6 p...

Mar 06, 2020

Local realtor tops in the world for Century 21

In 2018, Red Deer's Gavin Heintz was named Century 21's best-selling realtor in Canada.He followed up the next year by doing one better - becoming Century 21's number one producer in the world by unit...

Mar 05, 2020 Century 21 Advantage realtor Gavin Heintz of Red Deer was recently acknowledged as being the company's #1 producer in the world by units.

Bank of Canada cuts interest rates by 50 basis points amid coronavirus fears

OTTAWA -- The Bank of Canada is cutting its key interest rate target by half a percentage point, dropping it to 1.25 per cent in response to the economic shock from the novel coronavirus outbreak.The ...

Mar 04, 2020

Condolyzers share fraud prevention tips for condo boards

March is Fraud Prevention Month and the Condolyzers in Red Deer are sharing the following tips for both professionally and self-managed corporations to help avoid falling victim to fraud.Is the manage...

Mar 04, 2020

Peavey Industries acquires Ace Brand in Canada

Red Deer-based farm and ranch retailer Peavey Industries LP has acquired the Ace Canada brand, consisting of 107 stores under Ace Hardware, Ace Country & Garden or Ace Building Centre banners, fro...

Mar 03, 2020

Kenney says frustrating coronavirus stifling oil and gas economy

EDMONTON - Alberta's premier says it's frustrating to see his government doing everything it can to grow the economy only to watch global oil prices fall due to reduced demand tied to the no...

Mar 02, 2020

MARKET WATCH: Feb. 28, 2020

Investment StrategyChina's slowdown threatens global economic growth. Risk assets gapped lower to begin the week and remained under pressure as new cases of the coronavirus (COVID-19) were announced i...

Feb 28, 2020

MNP expands into Ponoka

MNP, Canada's fifth-largest national accounting and business consulting firm, is pleased to announce that it has expanded its presence in Central Alberta with the opening of an office in Ponoka, Alber...

Feb 28, 2020

Local oil and gas company denies responsibility for controversial "Greta" decal

The general manager of a Red Deer-based oil and gas services company claims they have no involvement with a controversial decal that features his company's logo. Images of the decal circulating online...

Andrew Snook Feb 27, 2020 (CHAT News Today)

Reaction for and against Teck decision to cancel Frontier mine project

Local reaction is pouring in from both sides regarding the decision Sunday night by Teck Resources to pull the plug on its massive oilsands project in northern Alberta.Just days before a federal gover...

Feb 25, 2020 (Photo: Teck Resources)