RCMP have issued a Canada-wide warrant for a teenager wanted in the killing of a Red Deer, Alta., man on New Year's Day.

Lloyd Robert Sarson, 25, was found shot to death in a vehicle in a central Red Deer alley at about 5:30 a.m. Jan. 1 in what police believe was a targeted killing.

The teen, who cannot be named, is charged with first-degree murder.

Police believe the suspect is likely in British Columbia, but say he could also be in Alberta or other parts of the country.

He is described by police as armed and dangerous.