Central Alberta's Daily Newspaper
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Business
Tumbling crude a benefit to consumersCALGARY — Shrivelling oil prices will continue to knock down the price of fuel, while the oilpatch braces for rocky times as profit margins narrow and credit becomes tougher to come by. Crude oil end… more
Loonie takes steepest one-day dive everTORONTO — The loonie posted its biggest one-day decline on record Friday, falling at one point nearly four cents against the American dollar amid tremendous financial upheaval around the world. Even … more
Leaders want rates cutTORONTO — Stephen Harper and his finance minister said Thursday they’d like to see Canadians get the full benefit of the Bank of Canada’s half-point rate cut, but the big retail banks who cut rates by… more |
Average to excellent crops this yearExcellent weather during most of September has significantly improved the outlook for this year’s harvest, says a specia… moreVision examined at public meetingAn undeveloped east side of Red Deer may be transformed into a “town centre” of small shops, walking trails and tree-lin… moreAsian markets plunge after huge Wall Street lossesOKYO — A massive sell-off on Wall Street and an escalating global equity crisis sent Asian stocks plunging Friday, with … morePredator Drilling has big objectivesThe past year might have seemed an inopportune time to start an oilpatch drilling company. But that’s exactly what Darin… moreWall Street rout pushes Dow below 9,000THE ASSOCIATED PRESS WASHINGTON — Calm gave way to fear in financial markets Thursday, turning a relatively steady day … moreLoonie hits turbulenceTORONTO — The Canadian dollar has taken another dive, falling by more than two cents at one point Thursday. The loonie … moreCanada’s banks don’t need bailout: HarperRICHMOND, B.C. — Canada’s banks are the strongest in the world and need no help from the federal government — nor should… more |
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