Tag Archives: Business & Economy
Market Watch: July 12, 2019
Big Picture Dow Crosses 27,000 Mark as Optimism Grows Over Fed Rate Cut It's been a record-setting week for U.S. indexes. On Thursday the Dow Jones Industrials Average crossed 27,000 for the first tim...
Jul 12, 2019
City exploring business incentive options in wake of Parkland Fuel Corp. move to Calgary
The City of Calgary used a job creation investment fund to help lure Parkland Fuel Corporation away from Red Deer. Whether The City of Red Deer tries a similar tact in the future remains to be seen. T...
Jul 11, 2019
Westbridge Cabinets closing its doors
Westridge Cabinets is closing its doors for good after more than 40 years.The closure affects 78 employees at the company's location in Gasoline Alley. They also have showrooms in Edmonton and Calgary...
Jul 11, 2019
Kenney pledges to drop domestic free trade exceptions
Jason Kenney is taking steps to try to improve trade between provinces.Alberta's Premier announced Wednesday that the province will be dropping a number of exceptions to the Canadian Free Trade Agreem...
Jul 11, 2019 (Canadian Press)
Ottawa announces $8.3 million in support for beef industry amid China standoff
CALGARY - The federal agriculture minister has announced $8.3 million to help support Canada's beef industry.The bulk of the funds announced in Calgary today will go toward Canada Beef, a marketing or...
Jul 11, 2019
Plains Midstream plans Alberta pipeline expansion
CALGARY- Plains Midstream Canada is seeking approval to expand its Rangeland crude oil pipeline system through Alberta from Edmonton south to the U.S. border.The company is proposing to double capacit...
Jul 10, 2019
Province seeks feedback on greenhouse gas emissions reduction plan
CALGARY - The Alberta government is seeking feedback on its plan to cut greenhouse gas emissions from big industrial players.The province's environment, energy and agriculture ministers are meeting wi...
Jul 09, 2019 (Canadian Press)
Market Watch: July 5
Big PictureU.S. Indexes Hit Record Highs in Pre-July 4th Rally U.S. stocks continued to climb on Wednesday, with each of the major indexes closing at a record high, as a temporary trade truce between ...
Jul 05, 2019
Red Deer area unemployment rate drops in June
RED DEER- The Red Deer area unemployment rate was pegged at 7.1% in June.That is down from 7.5% in May.The Alberta rate also fell slightly last month from 6.7 to 6.6%.Nationally, the economy lost 2,20...
Jul 05, 2019
City feels downtown moves will inspire confidence
The City of Red Deer wants to lead by example in rewriting the narrative for the downtown area by opening three new facilities aimed at addressing public safety, economic diversification and culture."...
Jul 04, 2019 Mayor Tara Veer stands outside of The City of Red Deer's new Culture Services building. (rdnewsNOW/Josh Hall)