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Studon sale provides opportunity

Don Sutherland has rejected a lot of suitors over the years, but he thinks his exacting standards have paid off.

Stuart Olson Inc. (TSX:SOX) announced on Wednesday that it’s buying Studon Electric & Controls Inc. — the Red Deer company that Sutherland helped found and remains the president of — for $76.2 million. The deal is expected to close by Jan. 25, subject to Competition Bureau and TSX approval. READ

Small business confidence takes a slight dip in November

The confidence level of small and medium-sized businesses in Alberta slipped slightly in November, according to a recent survey by the Canadian Federation of Independent Business. READ

Leroux offers insights for achieving success

When he was 16, Patrick Leroux contemplated suicide after he cost his hockey team an important game and was humiliated by his coach in front of his teammates. READ

Red Deer County wants restrictions eased on confined feeding expansions

Red Deer County plans to lobby other municipalities to ease restrictions on the expansion of confined feeding operations. Amendments approved on Tuesday to the county’s Municipal Development Plan allow the county to support expansion of feeding operations, under certain conditions, in agriculture-zoned areas covered by intermunicipal development plans (IDP). READ

Province prime for petroleum investments

Alberta remains one of the most attractive places in the world to invest in oil and gas production, says a study by the Fraser Institute. The Vancouver-based public policy research organization has released its eighth annual Global Petroleum Survey, which asked petroleum industry executives and managers about barriers to investment around the world. Alberta ranks second to Texas among 27 jurisdictions with large petroleum reserves. READ

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. 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

Home construction boosts lumber industry

A surge in home construction is helping to keep Alberta’s lumber mills buzzing. READ

Near-record quarter for ATB Financial

Increased loan and deposit activity helped carry ATB Financial to a near-record quarter in the three months ended Sept. 30. The provincial financial institution reported net income of $81.7 million for its second quarter. 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

Realtors continue record run

Central Alberta Realtors continued their record ways last month, with 454 Multiple Listing Service home sales — the highest tally ever for an October in this region. READ

Saik named Agri-Marketer of the year

A Red Deer agrologist and businessman has been named Agri-Marketer of the Year by the Canadian Agri-Marketing Association. 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

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

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

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