Business & Economy

Alberta Government unveils plan for economic relief for energy sector

The Provincial Government is helping Albertans by taking immediate action to protect jobs and provide immediate economic relief to Alberta's energy sector.In the face of challenges resulting from the ...

Mar 20, 2020 File

Area officials issue message about danger of spreading false COVID information

BROOKS, AB. - Brooks-Medicine Hat MLA Michaela Glasgo has endorsed a message from area authorities about the danger of spreading or sharing false or unconfirmed information during the COVID 19 outbrea...

Mar 18, 2020 CHATNEWSTODAY

Canadian banks move to help customers, allow deferral of mortgage payments

TORONTO - Canada's big banks are moving to provide financial breathing room to customers hurt by disruptions from the steps taken to slow the spread of COVID-19 The big six banks say they will allow c...

Mar 18, 2020 Canadian Press

Chamber of commerce providing links for continuity planning for small businesses

MEDICINE HAT - The president of the Medicine Hat Chamber of Commerce is advising small businesses to establish a continuity plan in light of the impact of the COVID-19 pandemic.A continuity plan, "all...

Mar 17, 2020 Medicine Hat and District Chamber of Commerce President Tracy Noullett

More wipes, no jeans; Amazon limits shipments to warehouses

NEW YORK - Amazon, in an attempt to fill its warehouses with toilet paper, hand sanitizer and other items in high demand, said Tuesday that it will limit what suppliers can send to its warehouses for ...

Mar 17, 2020

Grocers reassure customers about food supply as demand soars during coronavirus

Canada's major grocers are reassuring customers their stores will not run out of food or supplies amid the novel coronavirus outbreak. Loblaw Companies Ltd. CEO Galen Weston says in a letter to the co...

Mar 17, 2020 Canadian Press

Former Aurora Cannabis CEO Terry Booth sells 12.2M shares in company

EDMONTON - Aurora Cannabis Inc. says founder and former chief executive Terry Booth has sold nearly 12.2 million shares in the company into the open market. The company says the sale is in connection ...

Mar 16, 2020 Construction of Aurora Sun, March 2019 (CNW Group/Aurora Cannabis Inc.)

Internet companies removing excess usage fees temporarily due to Covid-19

TORONTO - Rogers Communications Inc., Telus Corp. and Videotron say they are temporarily removing overage fees on internet plans amid an outbreak of the novel coronavirus.Rogers spokeswoman Sarah Schm...

Mar 13, 2020

Bank of Canada cuts rate target to 0.75 per cent in response to COVID-19

OTTAWA - The Bank of Canada is cutting its overnight rate target by half a percentage point to 0.75 per cent in response to COVID-19. The central bank says the unscheduled rate decision is a ``proacti...

Mar 13, 2020 Canadian Press Image

RBC predicts economy will fall into a recession due to COVID-19 and drop in oil

TORONTO - Royal Bank is predicting Canada will fall into a recession later this year as the economy is weighed down by the impact of COVID-19 and the plunge in oil prices. The bank is predicting Canad...

Mar 13, 2020 CANADIAN PRESS PHOTO