Take Stock – July 21

Motorists on Orr Drive should soon get relief from the vehicular coffee queue at the Tim Hortons near 67th Street.

Tim Hortons drive-through reconfigured

Motorists on Orr Drive should soon get relief from the vehicular coffee queue at the Tim Hortons near 67th Street. Red Deer’s municipal planning commission has given site development approval for the parking lot at the 6620 Orr Dr. Tim Hortons to be reconfigured. That will increase the circumference of the circular drive-through lane and allow it to accommodate more motorized customers.

The application, which was made on behalf of DJ Will Holdings Ltd., followed city council’s decision on June 1 to sell the road right of way north of the coffee shop and rezone it for commercial use.

The commission was told that the lineup of waiting vehicles sometimes impedes traffic on Orr Drive. It also heard that the expansion and reconfiguration of the parking lot will make it easier for walk-in customers to enter and exit parking stalls.


Agrium extends deadline on CF offer

Agrium Inc. (TSX:AGU) has extended the expiry date on its US$3.9 billion offer to buy CF Industries Holdings, Inc. (NYSE:CF) until midnight ET on Aug. 19, the Calgary-based fertilizer giant announced Monday. Agrium said about 10.4 million shares of CF common stock had been tendered as of Friday’s market close, about one-fifth of CF’s outstanding shares. The deal exchanges US$40 in cash plus one Agrium share for each CF share.

CF’s board has rejected Agrium repeatedly but the Calgary-based company has persisted and extended the offer deadline several times.

“Despite the fact that CF continues to ignore a clear mandate to conclude a transaction, we will continue to press CF to execute a mutually beneficial merger agreement,” said Agrium president and CEO Mike Wilson in a release.

Among CF’s objections to the deal is its contention that Agrium is making the offer to quash CF’s own hostile takeover bid for rival Terra Industries (NYSE:TRA).

Just Posted

One strong wind leaves years of replanting work for Red Deer parks staff

High visibility boulevards already replanted, neighbourhood work starts next year

Red Deer-area indigenous filmmakers invited to apply for $20,000 grant

Storyhive launches Indigenous Storyteller Edition

Restaurant closed after compliance team patrol

Public Safety Compliance Team checked eight bars and restaurants on Oct. 19

Red Deerians await local cannabis stores

So far 31 stores in Alberta awarded licence to operate

Rimbey RCMP seek missing man with health concerns

Has anyone seen Bill Harris of Ponka County?

WATCH: Make-A-Wish grants Star Wars loving teen’s wish

The Make-A-Wish Foundation granted Anakin Suerink’s wish in Red Deer Saturday afternoon

Local Sports: Rudy Soffo valuable to Kings on the court

When Rudy Soffo first saw the RDC basketball Kings roster he was… Continue reading

Except for 1 kick, Saints, Ravens are evenly matched

BALTIMORE — In a matchup between the league’s highest-scoring offence and top-ranked… Continue reading

Julia Louis-Dreyfus gets a top award for comedy

WASHINGTON — After a 35-year acting career and with two iconic television… Continue reading

Ricky Skaggs, Dottie West enter Country Music Hall of Fame

NASHVILLE — Bluegrass and country star Ricky Skaggs, singer Dottie West and… Continue reading

AP Exclusive: Stephen Hawking’s wheelchair, thesis for sale

LONDON — Stephen Hawking was a cosmic visionary, a figure of inspiration… Continue reading

Canada deemed U.S. a safe country for asylum seekers after internal review

OTTAWA — Canadian immigration officials have determined that the United States remains… Continue reading

Bombardier sues Mitsubishi over alleged theft of aircraft trade secrets

MONTREAL — Bombardier is suing Mitsubishi Aircraft in the United States over… Continue reading

Three strong earthquakes reported in Pacific Ocean off Vancouver Island

Three relatively strong earthquakes were recorded Sunday night in the Pacific Ocean… Continue reading

Most Read