Business

A downtown Red Deer restaurant will soon extend its servings south.

The City of Red Deer continues to issue building permits at a sluggish pace, compared with the volumes of a year ago.

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.

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.

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

Can’t get to Disneyland or Walt Disney World?

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.

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.

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.

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.