Tag Archives: Business & Economy
Red Deer unemployment rate jumps in January
2020 is off to a brutal start when it comes to local employment numbers. The latest data from Stats Canada shows the unemployment rate for the Red Deer region jumped to 7.4 per cent in January, up fro...
Feb 07, 2020
Coronavirus concerns leading to lower gas prices: GasBuddy
Coronavirus may be to credit for falling gas prices in Red Deer and around Alberta, according to an industry analyst.Prices in the city, particularly on the south end, have dipped over the last week t...
Feb 06, 2020 Some of the lowest gas prices in all of Alberta are in south Red Deer this week, including at Fas Gas where a litre of regular is going for 84.9 cents/litre. (rdnewsNOW/Josh Hall)
Federal court dismisses First Nations' challenges to Trans Mountain pipeline expansion
OTTAWA - The Federal Court of Appeal says the government's decision to approve the Trans Mountain pipeline expansion a second time is reasonable and will stand.In a unanimous 3-0 decision shared Tuesd...
Feb 04, 2020 (Photo: The Canadian Press)
Demand for industrial land in Red Deer spurs rezoning application
City of Red Deer administrative staff say an increase in demand for larger industrial lots is a positive sign for the local economy. "In the last six months we've had inquiries, more interest (and) mo...
Feb 04, 2020
Risk management key as Alberta ag producers start 2020 behind the eight ball
After a difficult 2019, agriculture professionals in the province are asking producers to take risk management seriously with the 2020 growing season upcoming.Some of the sector's top minds, including...
Feb 03, 2020 (farmnewsNOW file photo)
Province, Fort McKay to meet in three months on fate of Moose Lake protected area
EDMONTON - The Alberta government and the Fort McKay First Nation have agreed to meet again in three months to decide the fate of one of the last areas in the band's territory that hasn't been impacte...
Jan 31, 2020 Moose Lake has been a traditional and cultural centre for local people for centuries. (Photo: Fort McKay First Nation)
MARKET WATCH: Jan. 31, 2020
Big PictureCoronavirus Fears Weigh on MarketsIt was a rough start to the week for markets Monday as concerns began to mount over China's ability to contain the growing coronavirus outbreak. Canada's m...
Jan 31, 2020
CAPP predicting increased investment in oil and gas in 2020
MEDICINE HAT, AB - The organization representing oil and natural gas companies across Canada say they're expecting an increase in investment in Alberta oil this year.The Canadian Association of Petrol...
Jan 31, 2020
Red Deer not considering ban on plastic bags at this time
As grocery store chains and municipalities across Canada move to ban plastic bags or single-use plastics, the City of Red Deer has no such plans at this time.Nancy Hackett, environmental initiatives s...
Jan 31, 2020 Bowonpat Sakaew | Dreamstime.com
Canadian oil producers prepared for temporary price slump as virus spreads
OTTAWA - Canada's energy industry is not overly alarmed as the new coronavirus coming out of China is taking a bite out of world oil prices. Brad Herald, a vice-president at the Canadian Association o...
Jan 29, 2020