Business & Economy

Red Deer home sales down slightly in October

Home sales in Red Deer were almost on par in October compared to the same month last year. According to data shared by the Central Alberta Realtors Association, 101 homes were sold in our city in Octo...

Dec 03, 2019

City, Chamber applaud new property tax incentives for municipalities

The City of Red Deer and Red Deer and District Chamber of Commerce are applauding the province's plan to expand property tax incentives given to municipalities this year.On Wednesday, Municipal Affair...

Nov 30, 2019 Minister of Municipal Affairs Kaycee Madu announces expanded property tax incentives for municipalities. (Municipal Affairs)

MARKET WATCH: Nov. 29

Big PictureU.S. Markets Hit New Highs Over Trade Optimism, Strong Data Wall Street's big three indexes closed at record levels for a third straight day on Wednesday following positive trade deal news ...

Nov 29, 2019

Teamsters say they have reached a tentative deal with CN, work set to resume

MONTREAL - Teamsters Canada says it has reached a tentative agreement with Canadian National Railway Co. to renew the collective agreement for over 3,000 conductors, trainpersons and yard workers. The...

Nov 26, 2019

New environmentally friendly “Vodkow” now available in Alberta

ALMONTE, ON - A new vodka is on shelves across Alberta and it's promoting an environmentally friendly way to make alcohol.It's called Vodkow and comes from Dairy Distillery in the community of Almonte...

Nov 25, 2019 Dairy Distillery Founder/CEO Omid McDonald (Photo: Mark Holleron)

Feds won't explain claim pipeline expansion will raise $500M in tax revenue

OTTAWA - Finance Minister Bill Morneau will not explain how his department estimated that finishing the Trans Mountain pipeline expansion will bring another $500 million in corporate tax revenue into ...

Nov 25, 2019

Chamber: City Hall on the right track

In May of this year the City of Red Deer hired it's new City Manager Allan Seabrooke from Peterborough to replace the retiring, long-time former City Manager, Craig Curtis. Since then the city has ini...

Nov 21, 2019 City Manager Allan Seabrooke (rdnewsNOW file photo)

Lowe’s to remain in Red Deer, 34 stores to close in Canada

Lowe's Canada announced Wednesday that it is closing 34 of its stores across the country due to underperformance. The Red Deer location at 15 Signet Close that opened late last year is not among them....

Nov 20, 2019

Alberta Chambers of Commerce launches red tape reduction survey

The Alberta Chambers of Commerce (ACC) is asking businesses to complete their short survey on red tape, cost barriers and business services. The Alberta Chambers of Commerce is a federation on 1224 co...

Nov 20, 2019

Thousands of CN Rail employees on strike amid contract talks

The federal government has urged Canadian National Railway Co. and the Teamsters Canada Rail Conference to continue negotiating as the roughly 3,200 conductors, trainpersons and yard workers went on s...

Nov 19, 2019 (CN Rail)