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Drilling activity expected to drop 10% next year

The Canadian Association of Oilwell Drilling Contractors is anticipating a 10 per cent drop in drilling activity next year — its pessimism fueled by the uncertainty surrounding market access and energy prices.

In its 2015 forecast, which was released on Thursday, CAODC projected that 10,354 wells would be completed in 2015 This would equate to 119,578 operating days for drilling contractors. READ

Northwestern Air Lease to add flights to Grande Prairie

Northwestern Air Lease is introducing scheduled passenger service from the Red Deer Airport to Grande Prairie, beginning Dec. 1. READ

Don’t miss out on millennial opportunity

If you’re looking for new markets through the fading eyes of a baby boomer, you could be missing a millennial opportunity. READ

Lots of events on the November agenda

With the harvest over and the fall work complete, and the cattle sorted and ready for winter, farmers are ready to tackle tasks of a different kind. So November is a month for meetings and events. READ

The next dimension of realty

Imagine placing your living room furniture into a house you’re thinking of buying, to gauge its look and fit. Now picture performing this task on a computer or smartphone thousands of kilometres away. READ

Should you pay off mortgage instead of investing?

Derek, I’m wondering if it makes sense to pay off my mortgage instead of investing? READ

Fraser Institute tells young job-hunters the West is where it’s at

For young Canadians looking to land a good job, the West is where it’s at, according to a new report released by the Fraser Institute on Tuesday. READ

U.S. Senate debates Keystone XL before milestone vote on pipeline bill

The U.S. Senate is poised to vote for the first time on the Keystone XL pipeline this evening — a milestone in a drawn-out political dogfight that has dragged on for years. READ

Migration the key factor in housing markets

The movement of people between and within provinces is a key determinant of the strength of housing markets in communities across Canada. By this measure, Red Deer stacks up pretty well against its counterparts, says Ekaterina Kortava, a regional market analyst with Canada Mortgage and Housing Corp. READ

Rural hotel group considering class-action lawsuit

A group of rural hotels are contemplating a class-action lawsuit against the Alberta government to seek compensation for losses they attribute to provincial smoking and drinking laws. READ

Ottawa to punish resource firms that break social-responsibility rules abroad

The federal government is planning to punish bad behaviour by Canadian resource firms operating abroad if they break Ottawa’s new rules on corporate social responsibility. READ

Potential pitfalls to pipeline progress: Obama veto just one way to stop KXL

The wild and unexpectedly speedy ride of Keystone XL legislation through the U.S. Congress late Wednesday had supporters of Canadian oil hopeful of a celebratory end to the project’s six years of stagnation. READ

Prime Minister Harper in New Zealand for talks on trade, world hot spots

Stephen Harper is meeting today with his New Zealand counterpart in the first official visit by a Canadian prime minister since Jean Chretien made the lengthy trip exactly 19 years ago. READ

Wind energy production facing strong headwinds in province

When the wind blows hard, golfers anticipate high scores and sailors brace for high waves. READ

Unemployment falls in October

Unemployment in the Red Deer region slipped slightly last month, according to the latest survey by Statistics Canada. READ

Housing starts remain strong

Multi-family home construction in Red Deer continues to push housing starts in the city ahead of last year’s pace. READ

Harper heads for New Zealand for talks with ally seeking end to dairy tariffs

Stephen Harper arrives in New Zealand today for an official visit with the country’s prime minister that will include discussions on a touchy subject between the otherwise friendly leaders — Canada’s heavily protected dairy sector. READ

Asia-Pacific leaders endorse work toward China-backed trade deal

Leaders of Asia-Pacific economies agreed Tuesday to begin work toward possible adoption of a free-trade pact proposed by China, the Chinese president announced, giving Beijing a victory in its push for a bigger role in making trade policy. READ

Governments subsidize exploration for oil reserves that can’t be used: report

Why subsidize the search for oil and gas that we can never burn if we want to limit the damage from climate change? READ

Head of China’s Amazon wants to sell 200,000 Canadian lobsters on his site

Chinese e-commerce juggernaut Alibaba hopes to sell 200,000 Canadian lobsters next week, its founder declared Friday — one dividend of Stephen Harper’s ongoing effort to cultivate “pretty important” economic ties between the two countries. READ

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