Business

Award winners Kristina Mejica and Mel Cruz, owners of Bestea Chill Out Cafe owners, and their baby Liam Carlisle M. Cruz, attended the awards ceremony for the Alberta Business Awards of Distinction 2022 on June 24, 2022. (Photo contributed)

Red Deer bubble tea cafe brings home provincial award

Bestea Chill Out Cafe wins Young Entrepreneur award

 

A street sign along Bay Street in Toronto's financial district is shown in Toronto on Tuesday, January 12, 2021. THE CANADIAN PRESS/Nathan Denette

North American stock markets rise in response to Fed rate increase outlook

North American stock markets rise in response to Fed rate increase outlook

 

A sign board displays the TSX level outside the Richmond Adelaide Centre in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

S&P/TSX composite climbs despite big declines by tech and health care sectors

S&P/TSX composite climbs despite big declines by tech and health care sectors

 

‘Late to the party’: Seasonal businesses face hiring struggle amid low jobless rate

‘Late to the party’: Seasonal businesses face hiring struggle amid low jobless rate

A group of men walk past the Toronto-Dominion Centre on Wellington Street in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

Sea of red takes over North American stock markets on negative sentiment

Sea of red takes over North American stock markets on negative sentiment

A group of men walk past the Toronto-Dominion Centre on Wellington Street in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler
A man watches the financial numbers at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

North American stock markets rally as strong U.S. retail sales offset inflation angst

North American stock markets rally as strong U.S. retail sales offset inflation angst

A man watches the financial numbers at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

Energy stocks lead broad rally to lift S&P/TSX composite up for second straight day

Energy stocks lead broad rally to lift S&P/TSX composite up for second straight day

A worker organizes chairs and tables on the patio of a restaurant on College St., Toronto, Thursday, October 28, 2021. Restaurants across Canada are cutting back hours and tightening up menus as persistent labour shortages and spiking costs threaten to derail the industry’s comeback from crushing pandemic restrictions.THE CANADIAN PRESS/Eduardo Lima

‘We just don’t have enough workers:’ Restaurants rocked by labour shortage, inflation

Workers pushing back against long hours, unstable schedules and low pay

A worker organizes chairs and tables on the patio of a restaurant on College St., Toronto, Thursday, October 28, 2021. Restaurants across Canada are cutting back hours and tightening up menus as persistent labour shortages and spiking costs threaten to derail the industry’s comeback from crushing pandemic restrictions.THE CANADIAN PRESS/Eduardo Lima
A sign board displays the TSX level outside the Richmond Adelaide Centre in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

S&P/TSX composite closes up 400 points in broad-based rally

S&P/TSX composite closes up 400 points in broad-based rally

A sign board displays the TSX level outside the Richmond Adelaide Centre in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

S&P/TSX composite continues its slide into bear market territory

S&P/TSX composite continues its slide into bear market territory

S&P/TSX down slightly, U.S. markets fall after latest inflation data

S&P/TSX down slightly, U.S. markets fall after latest inflation data

S&P/TSX composite closes down more than 100 points, U.S. stock markets mixed

S&P/TSX composite closes down more than 100 points, U.S. stock markets mixed

Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. THE CANADIAN PRESS/Nathan Denette

S&P/TSX composite closes down more than 3% as commodities drop, U.S. markets down

S&P/TSX composite closes down more than 3% as commodities drop, U.S. markets down

Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. THE CANADIAN PRESS/Nathan Denette
East Lincoln Properties, of Red Deer, is purchasing the former Canada Revenue building in the downtown. (Photo by Susan Zielinski/Advocate staff)

Sold sign goes up at former federal government building in downtown Red Deer

The building was originally listed for a sale price of $4.5 million in 2018

East Lincoln Properties, of Red Deer, is purchasing the former Canada Revenue building in the downtown. (Photo by Susan Zielinski/Advocate staff)
Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. Canada's main stock index edged down in late-morning trading, pulled down by losses in the base metals and information technology sectors, while U.S. stock markets also traded lower. THE CANADIAN PRESS/Darren Calabrese

North American stock markets end volatile week by falling further

North American stock markets end volatile week by falling further

Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. Canada's main stock index edged down in late-morning trading, pulled down by losses in the base metals and information technology sectors, while U.S. stock markets also traded lower. THE CANADIAN PRESS/Darren Calabrese
Mirko Bibic, president and CEO of BCE and Bell Canada speaks during a CRTC hearing for Telecom Notice of Consultation CRTC 2019-57, Review of mobile wireless services, in Gatineau, Que., on Wednesday, Feb. 19, 2020. BCE Inc. reported its first-quarter profit rose more than 30 per cent compared with a year ago as its revenue also moved higher. Bibic said it was the first quarter since the start of the pandemic in which the company's consolidated financial results surpassed pre-COVID levels. THE CANADIAN PRESS/Justin Tang

BCE pushes ahead with next-gen infrastructure spending as inflationary pressures rise

BCE pushes ahead with next-gen infrastructure spending as inflationary pressures rise

Mirko Bibic, president and CEO of BCE and Bell Canada speaks during a CRTC hearing for Telecom Notice of Consultation CRTC 2019-57, Review of mobile wireless services, in Gatineau, Que., on Wednesday, Feb. 19, 2020. BCE Inc. reported its first-quarter profit rose more than 30 per cent compared with a year ago as its revenue also moved higher. Bibic said it was the first quarter since the start of the pandemic in which the company's consolidated financial results surpassed pre-COVID levels. THE CANADIAN PRESS/Justin Tang
A man walks along Wellington Street in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

S&P/TSX composite suffers worst day since November as investors weigh higher rates

S&P/TSX composite suffers worst day since November as investors weigh higher rates

A man walks along Wellington Street in the financial district in Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler
Canadian dollars are pictured in Vancouver, Sept. 22, 2011. THE CANADIAN PRESS/Jonathan Hayward

North American stock markets surge after Fed says even larger rate hike not on table

North American stock markets surge after Fed says even larger rate hike not on table

Canadian dollars are pictured in Vancouver, Sept. 22, 2011. THE CANADIAN PRESS/Jonathan Hayward
Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers arrive to appear before the House of Commons Standing Committee on Finance, in Ottawa on April 25, 2022. In a speech to Women in Capital Markets in Toronto, Rogers said the intensity and persistence of supply chain disruptions have surprised the central bank. THE CANADIAN PRESS/Sean Kilpatrick

Intensity and persistence of supply chain disruptions surprised Bank of Canada

Intensity and persistence of supply chain disruptions surprised Bank of Canada

Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers arrive to appear before the House of Commons Standing Committee on Finance, in Ottawa on April 25, 2022. In a speech to Women in Capital Markets in Toronto, Rogers said the intensity and persistence of supply chain disruptions have surprised the central bank. THE CANADIAN PRESS/Sean Kilpatrick
A sign board in Toronto shows the closing number for the TSX on Thursdsay October 29, 2020. THE CANADIAN PRESS/Frank Gunn

S&P/TSX composite index lifted by broad rally led by energy, materials sectors

S&P/TSX composite index lifted by broad rally led by energy, materials sectors

A sign board in Toronto shows the closing number for the TSX on Thursdsay October 29, 2020. THE CANADIAN PRESS/Frank Gunn