Business & Economy

Few Red Deer employers expect to be hiring to start 2020: Report

Red Deer area employers expect a downbeat hiring climate for the first quarter of 2020.According to the latest ManpowerGroup Employment Outlook Survey, eight per cent of local employers plan to hire f...

Dec 10, 2019

City council blazing a trail for more cannabis retail

Retail cannabis stores could become more prominent in Red Deer in 2020.On Monday, city council was updated on how successful Red Deer's cannabis policies have been to date, and were presented with a p...

Dec 10, 2019

Credit downgrade a signal to get tougher on spending

Alberta taxpayers were dealt another blow when Moody's downgraded the province's credit rating.Credit downgrades matter for taxpayers because they can increase the interest charges that Albertans need...

Dec 09, 2019

MARKET WATCH: Dec. 6

Big PictureMarkets Continue to Look for Signals on Trade Truce Global markets stumbled out of the gate on Monday after President Donald Trump said he'd restore tariffs on some imports from Brazil and ...

Dec 06, 2019

Red Deer area unemployment rate drops in November

RED DEER- The unemployment rate for the Red Deer area fell from 7.3% in October to 6.5% last month, according to the latest numbers from Statistics Canada.Provincially, the November rate rose to 7.2% ...

Dec 06, 2019

Canadian Natural budget rises $250 million on curtailment ease – additional rigs, jobs for Alberta

CALGARY - Canadian Natural Resources Ltd. says its 2020 capital budget will be $250 million higher than last year as it adds about 60 drilling locations across Alberta and puts three additional rigs t...

Dec 04, 2019

Trans Mountain pipeline will be the ‘best darn pipeline in the world,’ says CEO

The CEO of Trans Mountain says he's "a little greyer" than he was 10 years ago when planning began for an expansion of the Edmonton-to-Burnaby oil pipeline but he's still proud to oversee the official...

Dec 04, 2019 Ian Anderson, President and CEO of Trans Mountain, speaks during an event to mark the start of right-of-way construction for the Trans Mountain Expansion Project, in Acheson, Alta., Tuesday, Dec. 3, 2019. THE CANADIAN PRESS/Jason Franson

Halliburton suspending cementing operations in Red Deer and Alberta

Another American oilfield-related company is trimming its operations in Alberta. Texas-based Halliburton has announced it is suspending its cementing operations in our province at the end of this mont...

Dec 04, 2019

Moody's cites weak economy in downgrading Alberta credit rating

EDMONTON - The Alberta government's credit rating has taken another hit.Moody's Investors Service has downgraded the province's rating to Aa2 stable from Aa1 negative.The rating service cites weakness...

Dec 03, 2019

Credit unions work for Albertans - why this matters today more than ever

Albertans are incredible people. Over time we've built great industries, institutions and communities, with a standard of living that for many years has been a lure for entrepreneurs and anyone who dr...

Dec 03, 2019