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Wal-Mart pondering supercentre for Red Deer

Wal-Mart Canada is pondering an expansion of its south Red Deer store that would result in a full range of food products being sold there.

Carney tones down expectations

OTTAWA — The governor of Canada’s central bank, who began the year on a note of surprising optimism in the face of a fierce global recession, was changing his tune Wednesday as he described a country that’s mired in the worst economic downturn in half a century.
Olds Ramada Inn

Olds Ramada Inn

Framers work on the roof as other workers install windows on the new Ramada Inn in Olds Tuesday.

Keys to the Kingdom

Can’t get to Disneyland or Walt Disney World?
'Hatchet man' to oversee Air Canada, says union

'Hatchet man' to oversee Air Canada, says union

MONTREAL — Air Canada (TSX:AC.B) employees hope the rehiring of a restructuring expert as their new boss won’t mark a return of Canada’s biggest airline to bankruptcy protection for the second time in six years.

Gloomy outlook for Canada

OTTAWA — Canadian governments can afford and should do more to stimulate the faltering economy that is expected to shrink a massive three per cent this year, says the OECD.

Recession threatening high-tech advances

OTTAWA — The ability of Canada to develop the new technologies of the future is in jeopardy because entrepreneurs can’t get financing to see them through the recession, the Business Development Bank of Canada warns.
Expansion nearly complete

Expansion nearly complete

Jeremy Hocking of MD Interiors installs a door kick plate on the new Lacombe County administration building expansion. Completion of the 14,981-square-foot addition to the head office is nearing completion, with occupancy expected by late April or early May. The Scott Builders Inc. project is being paid for with $1.9 million in building reserves, $2.1 million from the county’s 2007 surplus and nearly $1.8 million through the province’s Municipal Sustainability Initiative.

CF rejects Agrium offer

CF Industries Holdings Inc. (NYSE:CF) again spurned a takeover bid from fertilizer giant Agrium Inc. (TSX:AGU), which last week sweetened its offer for the U.S. nitrogen producer.
Take stock - March 31

Take stock - March 31

Tourism spending in Canada increased 1.9 per cent in 2008, as outlays by Canadians at home continued to rise while those by international visitors decreased again.