Business

The first quarter of 2009 was one to forget for Red Deer home builders.

Timcon Construction workers erect forms for concrete sidewalks outside the new Servus Credit Union branch in Sylvan Lake on Wednesday.

Softwood lumber producers in Central Canada will be hardest hit by a new U.S. duty on Canadian exports and some believe western producers could be next as the government seeks new ways to generate cash in the sector.

TORONTO — Nortel Networks Corp. (TSX:NT) is reportedly in talks to shuffle large pieces of its business to Nokia Siemens Networks, and that could send a flood of customers and new technologies into the hands of the world’s No.1 cellphone maker.

OAKVILLE, Ont. — Glendale International Corp. (TSX:GIN), the parent company of Red Deer-based Travelaire, said Wednesday that its first-quarter loss doubled to $2.3 million, pulled by a “decrease in sales and profitability” at its recreational vehicles division.

Young people seeking well-paying jobs in the trades usually think of carpentry, mechanics or welding.

Ottawa is providing nearly $1 billion in guarantees calculated to reassure consumers and parts suppliers that do business with shaky auto companies, most notably General Motors and Chrysler.

Red Deer’s municipal planning commission has authorized the placement of two above-ground diesel tanks in Edgar Industrial Park.

An eight-storey office building proposed for a site north of the Red Deer Regional Hospital Centre should have a strong medical flavour.

Western RV Country has moved a step closer to resuming sales in Red Deer.Red Deer city council on Monday gave first reading to a bylaw to amend the zoning for a 3.9-acre parcel in the West QEII Business Park to allow Western RV to sell there.