News

Building permit totals double from last year

Building permits saw a healthy jump in August, more than doubling in value over the same month in 2016.
The total for building permits last month were valued at $15.4 million, compared to $6.5 million in August 2016. All sectors performed better than in August of last year, with industrial permits leading the way with a value of $5.8 million.
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Permit numbers surpass last year but values fall behind

The number of permits issued last month exceeds the number in July of last year, but permit values are lagging behind.

There were 132 total permits issued last month, compared to 100 in July 2016, but the value was pegged at $9.2 million last month compared to $91.3 in July 2016 – thanks to last year’s permit for the $76.5 million Gary W. Harris Canada Games Centre.

Year-to-date totals for residential and industrial permits are keeping pace with the January to […]

Reports on softwood lumber encouraging, offer hope of a deal

The latest news on softwood lumber is being greeted as an encouraging sign by one analyst, who points to several developments that increase hope of a deal between Canada and the United States.

That sense of optimism is being expressed by Hamir Patel, the director of paper and forest products research at CIBC Capital Markets, who points to three recent signs: Comments from Prime Minister Justin Trudeau, comments by B.C. Premier John Horgan, and a report by the Canadian Press […]

Red Deer on the move: multimodal transportation plan approved

With Council giving it the green light, The City’s new multimodal transportation plan is moving forward. Moving Red Deer Forward: Our Multimodal Transportation Plan charts the course for the future of driving, walking, cycling and transit in Red Deer.
“The approval of the multimodal transportation plan is an important step forward for our community,” said Mayor Tara Veer. “As our community continues to grow, it’s critical that we consider how to build a transportation network that provides safe and efficient […]

Canadian lumber producers brace for second round of softwood lumber duties

Canada’s softwood lumber industry is bracing for a second wave of U.S. duties expected to come Monday that could put further pressure on producers, particularly smaller ones, to cut jobs.
The U.S. Department of Commerce announced in April preliminary countervailing duties against five companies ranging between three and 24 per cent, with other producers facing a tariff of 19.88 per cent.
This time, the U.S. is expected to announce preliminary anti-dumping duties with an average rate of around 10 per cent, […]

RDCA Golf Classic a Success

The RDCA held their annual Golf Classic on June 23rd at the Alberta Springs Golf Course.  Over 180 golfers, and volunteers enjoyed a day in the sun, great networking and some golf thrown in as well.  All money raised from our prizes and silent auction goes to our annual scholarship awards for local apprentices.  Thank you to the many sponsors and volunteers that made this another great event.
RDCA Golf Classic Report

2019 Canada Winter Games Projects – Red Deer

Why host the 2019 Canada Winter Games?

The 2019 Canada Winter Games is the largest multi-sport event to be hosted in Alberta since the 1988 Olympics.
An expected economic impact of more than $132 million.
20,000 visitors expected to visit Red Deer for the event, with up to 3600 participants from across our nation to compete in 19 sports.

2019 Winter Game Project Update
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Residential construction exceeds last year

Residential building picked up in Red Deer last month, as residential permits were valued at $5.8 million in May, surpassing permit values of $3 million in May 2016.

Residential construction so far this year has exceeded the same period to date last year, with 348 residential permits valued at $20.2 million issued from January to May 2017, compared to 284 residential permits valued at $15.8 million issued for the same period in 2016.
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Major development planned at former industrial site in Red Deer

A major three-phase commercial development will be located at the former W. McKee Manufacturing location in Red Deer’s Lancaster Meadows.

The industrial business had been at the location for many years, and as development occurred, it became surrounded by residential and other development.
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Canada Prompt Payment Act approved by Senate

Canada’s Senate has unanimously passed Bill S-224, the Canada Prompt Payment Act, regulating payments on federal construction contracts, but a major hurdle remains as the bill now faces the scrutiny of the House of Commons.
Bill S-224 requires that federal government project owners must make progress payments to a contractor on a monthly basis, or at shorter intervals provided for in a contract.

The payment requirement is consistent down the contractual chain, notes a media statement from bill sponsor Senator Don […]