Tag Archives: Business & Economy
Suncor Energy and Atco working together on potential hydrogen project
Suncor Energy and Atco Ltd. are working together on a potential hydrogen project near Fort Saskatchewan that would help reduce the province's carbon dioxide emissions.The companies say the project wou...
May 11, 2021
Red Deer unemployment rate 10.6% for April
The unemployment rate for the Red Deer region for the month of April was 10.6 per cent.That's an increase from 10.2 per cent in March and is tied with Edmonton for the highest regional unemployment ra...
May 07, 2021
Alberta eases security payment burden for oilsands companies
EDMONTON - Alberta is changing how it calculates the payments oilsands mines make to ensure there's enough money to clean up the mess they leave behind. The province says the decision is in reaction t...
May 06, 2021
Peace Region pipeline expansion project granted federal approval
The federal government has given the stamp of approval to the NOVA Gas Transmission Ltd. (NGTL) North Corridor System Expansion Project in the northern Peace Region.Minister of Natural Resources Seamu...
May 04, 2021
Building permit numbers up in April
The number of building permits issued in the city of Red Deer last month was up compared to the same month last year.According to City officials, there were 123 approved permits in April, compared wit...
May 04, 2021
Alberta updates Forestry Act
The provincial government says changes to the outdated five-decade-old Forests Act will bolster Alberta's competitive forest sector by supporting reliable and consistent access to trees. These changes...
May 03, 2021
Peavey Mart breaks ground on new 'flagship' Red Deer location
Construction is officially underway for Peavey mart's new flagship store in south Red Deer. A groundbreaking ceremony for the project was held on Monday at 2810 Gaetz Avenue, where the 40,000-square-f...
May 03, 2021
Alberta's GDP fell 8.2% in 2020, hardest-hit province in Canada
LETHBRIDGE, AB - To say that this past year has been tough for the economy is an understatement.Stats Canada has released its full report on real GDP across the country for 2020 and Canada did not far...
May 03, 2021
Liberals' sweeping budget bill includes $15 minimum wage and election-law changes
OTTAWA - The federal Liberals' bill to enact parts of their budget includes changes to emergency aid, taxes and a $15 national minimum wage alongside other items such as an election-law amendment. The...
May 03, 2021
Save-on-Foods committing $10M over next five years to fuel local sport
LANGLEY, B.C. - More Rewards is proud to partner with Save-On-Foods on Fueling Sport, a program designed to reward athletes at every level by fueling their journey from playground to podium with spons...
May 03, 2021