Downtown Business Spotlight: Summit Strategies
This week’s Business Spotlight shines on Summit Strategies, a multi-disciplinary firm located at 4817 48 Street in Downtown Red Deer. This local business offers tax strategies, accounting and business advisory. Read on to learn more.
What is your business?
Summit Strategies Chartered Professional Accountants.
When did your business open?
What makes your business unique?
Our approach to integration of wealth management strategies with tax and accounting and business advisory services.
What are some products/services that you offer?
Accounting with a specialized emphasis on taxation in the agriculture sector as well as coaching business start-ups.
Why did you choose Downtown Red Deer as the location for your business?
Our business services span throughout Central Alberta and beyond but Red Deer is the epi-center and our physical location being Downtown fits. The Downtown environment provides a centralization of other services such as banking and legal services therefor providing convenience for our clients.
What do you think makes Downtown vibrant?
A variety of services, culture and dining options.
I love Downtown Red Deer because…
Because of the revitalization and re-energizing that is occurring.
Check out Summit Strategies on Facebook!
Check back next week for another business spotlight! If you would like to see your Downtown business spotlighted, please contact us at 403-340-8696 or [email protected].
Food inflation in Canada shows signs of easing, but grocery prices to remain high
A woman shops for produce in Vancouver, on Wednesday, July 20, 2022. Food inflation appears to be easing in Canada but experts say consumers shouldn’t expect lower prices at the grocery store. THE CANADIAN PRESS/Darryl Dyck
Food inflation appears to be easing in Canada, but experts say shoppers shouldn’t expect lower prices at the grocery store.
Statistics Canada says the cost of groceries in February rose 10.6 per cent compared with a year before, down from an 11.4 per cent year-over-year increase in January.
Yet a falling food inflation rate doesn’t mean the price of food is coming down.
Instead, it means prices are rising less quickly, signalling the worst of the era of grocery price hikes could be behind us.
Sylvain Charlebois, director of the Agri-Food Analytics Lab at Dalhousie University, says the food inflation rate is expected to continue to cool throughout the spring and into summer.
But he says Canadians may still experience sticker shock at the grocery store as some food prices are still significantly higher than a year ago.
This report by The Canadian Press was first published March 21, 2023.
Alberta moves to force oilpatch to pay owed taxes above ‘threshold’ amount
The Alberta government says it’s moving to force oilpatch companies to make good on their unpaid municipal taxes.
Energy Minister Peter Guthrie says he’s issued an order that blocks companies from acquiring or transferring licences on wells or other assets if their unpaid taxes exceed a threshold amount.
That threshold is yet to be determined and will be set by the Alberta Energy Regulator and Alberta Municipal Affairs.
Alberta Energy says in a release that once the threshold has been established, companies that don’t meet it will be targeted for collection.
Rural Municipalities Alberta has said energy companies owe the municipal districts in which they operate a total of $268 million.
Paul McLauchlin of the group says the order will help reduce the unpaid tax burden on its members.
This report by The Canadian Press was first published March 20, 2023.
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