Business

LONDON — G20 leaders pledged an additional US$1 trillion Thursday to restore credit, growth and jobs around the world, an agreement Prime Minister Stephen Harper hailed as an “unprecedented” consensus plan that will buoy confidence in the global economy.

Awareness of Alberta’s carbon trading system is increasing, says an official with one of the companies facilitating such deals.

Work is expected to begin within months on new Canadian Tire stores in Stettler and Sylvan Lake.

MONTREAL — Bombardier Inc. is prepared to cut more jobs if its markets weaken further, Canada’s largest aircraft maker said after slashing 3,000 jobs around the world to cope with weakening demand.

Buried deep within subterranean caverns may be the strongest case yet for an emerging technology that pumps greenhouse gases underground.

Canadian steelmakers are in Ottawa this week asking the government to develop policies that will boost their industry through a stronger manufacturing base and fair trade practices.

The annual meeting of Red Deer Co-op Ltd. is slated for April 21 at 7 p.m. in Festival Hall at the Red Deer Memorial Centre.

LONDON — Doggedly optimistic in the face of doubts, U.S. President Barack Obama and British Prime Minister Gordon Brown predicted Thursday’s emergency G20 economic summit would produce a significant global deal to tackle the deepening worldwide recession.

TORONTO — Automakers continue slithering through a hellish market but the latest Canadian sales numbers offer hope that the agony is abating, and they restore General Motors to its traditional industry leadership.

Koala-T electrician Brett Niyey of Sylvan Lake drills holes in the post supporting the drive-through sign for the new Taco Time in Sylvan Lake’s Ryders Square Shopping Centre.