Find us on Facebook Follow us on Twitter

Local Business

March building permits strong

Approvals for a pair of apartment buildings in Red Deer’s Vanier East neighbourhood helped boost the city’s March building permit values past the $22-million mark.

Permits were issued to Traine Construction Ltd. for a 72-unit apartment building and a 64-unit apartment building at 39 Van Slyke Way. These were valued at $9.1 million and $6.5 million respectively, with a permit for a related $71,000 amenities building also approved. READ

Ebus to expand service to Edmonton International Airport

Central Albertans using the Edmonton International Airport will soon have a new way to get there and back. Ebus has announced plans to expand its motorcoach service to include the airport south of Edmonton. Beginning May 9, the Red Arrow Motorcoach affiliate will stop there four times a day, including on routes to and from Red Deer. READ

Investing in energy may be a waiting game

Derek, what’s the best way to make some money by investing in energy today? The greatest investment opportunities tend to arise when there is the most perceived fear in the decision process. We are all aware the price of oil has declined substantially from the summer of 2014 highs. This has prompted a decline in spending, notable job cuts and reduced forecasts. READ

Grade 2 student finds success on Dragons’ Den

Mya Prehn has founded a thriving business, made a successful pitch to the investment moguls on CBC’s Dragons’ Den, been chosen by Mattel and Canada Dry Mott’s to represent their brands, and been featured prominently in the media. Not bad for a seven-year-old entrepreneur. READ

Alberta Craft Malting wins RED Challenge

Soon beer could taste better, people might be eating healthier and the environment may look a little cleaner — thanks to a cash infusion into three Central Alberta business ventures. READ

Land title fees set for big increase

Home buyers will have to dig a little bit deeper into their wallets, starting this summer. READ

‘It’s not in collapse right now’

Don’t get too pessimistic about the current state of Alberta’s economy; but don’t be too optimistic about its future, either. Ian Glassford, Servus Credit Union’s chief financial officer, planned to offer this seemingly contrary bit of advice to a gathering of Servus members in Red Deer on Wednesday evening. Speaking to the Advocate prior to his presentation, he cautioned against placing too much credence in doom-and-gloom reports about Alberta’s economy. “It’s not in collapse right now,” he said, noting that Servus is off to a good start this year despite the supposed downturn. “We’re seeing no loan losses resulting from oil at all.” READ

Bredo brothers setting up brewhouse

If anyone questions the Bredo brothers’ commitment to brewing beer, they need only peek inside the bay at No. 1, 5551 45th St. to dispel any doubts. READ

Target departure should create leasing opportunities

The departure of Target from Bower Place shopping centre last week should create new leasing opportunities, says the mall’s manager. John Rooke said he couldn’t speculate on what exactly will happen to the space vacated by the department store chain, noting that it remains subject to a long-term lease. READ

Frost threat likely to keep farmers away from early seeding

Double-digit temperatures forecast for the next few days might cause some farmers to look longingly at their tractors, but the threat of frost should keep them out of the fields for another few weeks. READ

Ponoka radio station denied by CRTC

An effort to put Ponoka on the radio dial has failed, but the man behind the initiative says he’s not giving up. READ

PED threat remains high

Alberta pork producers continue to keep the porcine epidemic diarrhea (PED) virus at bay, but disease experts warn that the threat remains high. READ

Travelaire site development renewed

Plans to develop the former Travelaire Canada site in northwest Red Deer into a shopping centre have been renewed. READ

Parkland Fuel acquires retail sites in North Dakota

Parkland Fuel Corp. (TSX: PKI) has expanded its presence in the United States. READ

Red Deer Future Shop won’t rebrand

Red Deer’s Future Shop will not be rebranded as a Best Buy, says a spokesperson with Best Buy Canada. READ

Business confidence steady but low

The bad news is Alberta’s small business owners continue to be the most pessimistic in Canada. The good news is their gloomy outlook doesn’t appear to be getting worse. READ

Regional economic reps attend U.S. investment summit

Representatives from a regional economic development group rubbed elbows with prospective investors from around the world last week in Washington, D.C. Mitch Thomson and Dale Barr attended the SelectUSA Investment Summit on behalf of Central Alberta: Access Prosperity. The event attracted people from more than 80 countries and from across the United States. READ

Pair of Advocate special sections honoured by Newspaper Canada

A pair of special sections produced by the Red Deer Advocate have placed first and second in Newspaper Canada’s 2015 Best Idea Awards. Topping the field in the Small Market Daily Newspaper category was Momentum, which was published by the Advocate last June. It profiled men and women from the Red Deer area who have distinguished themselves nationally and internationally. READ

‘I want to help Canadian people’: Chinese medicine practitioner had a long journey to open new clinic

When Ning Li opened his Red Deer Acupuncture & Chinese Herbal Clinic earlier this month, it marked the culmination of a journey that’s spanned a decade and two continents. READ

RED Challenge finalists announced

Eight Central Alberta entrepreneurs ventured into the dragons’ den on Wednesday. All emerged unscathed, and several will be richly rewarded for their daring. The group represented the five finalists in the 2015 edition of the RED Challenge, a competition that recognizes innovative business ideas with cash prizes. READ

follow us on twitter

Featured partners