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Dialed in: Sylvan Lake, Ponoka close to landing FM stations

Sylvan Lake and Ponoka are each a CRTC stamp of approval away from getting their own radio stations.

The Canadian Radio-television and Telecommunications Commission is scheduled to consider separate applications on Nov. 12 for broadcast licences for the two Central Alberta communities. READ

New buildings for Netook Construction, Moody’s Equipment well underway

The landscape east of Olds continues to evolve, as development progresses at Netook Crossing. New buildings for Moody’s Equipment and Netook Construction are well underway, with Techmation Electric & Controls Ltd. planning to build there as well. READ

Parkland buys Pioneer Energy for $378M

Parkland Fuel Corp. (TSX:PKI) has struck a deal to buy Canada’s largest private independent fuel marketer. Red Deer-based Parkland announced on Wednesday that it’s acquiring Pioneer Energy for $378 million. The purchase will give Parkland another 319 gas stations in Ontario and 74 in Manitoba — boosting its national total to more than 1,000 stations, or about nine per cent of the Canadian fuel market. READ

Ag innovation and technology on display

As I write this, out my window the swathers are taking a snow-flattened field of barley and turning it into fluffy swaths, ready for the combine. It’s a much different scene than one week ago, when the world was white and winter was on the radar. But we didn’t skip fall after all, and that means harvest is happening. READ

Kids & Company opens in Red Deer

Nobody can accuse Victoria Sopik of being an underachiever. As a mother, she raised eight children; as an entrepreneur, she built a national company. And Sopik managed to link the two pursuits. READ

Pension decision can come down to numbers

“Derek, I’m ready to retire and I need to decide whether to take regular monthly payments from my company pension, or get paid out a lump sum and invest on my own. What should I do? READ

Industrial vacancy rates remain low

Demand for industrial property in and around Red Deer may have eased slightly, suggests a recent survey of the market. But vacancy rates remain low. READ

Red Deer Chamber changes name

Goodbye Red Deer Chamber of Commerce; hello Red Deer and District Chamber of Commerce. At the Chamber’s annual general meeting on Monday, members voted to change its name to better reflect the area covered by the Chamber. President Reeve Martin pointed out that the Chamber’s sphere of influence extends west to Popular Ridge, east to Delburne, north to the Blindman River and south to Penhold. READ

Peters’ Drive-In coming to Gasoline Alley

For 50 years, Peters’ Drive-In has been attracting long line-ups in Calgary. Customers could soon be queuing up in Gasoline Alley as well. The owners of the famed burger joint plan to open a second location on Leva Avenue, south of Largo Street. They hope to begin serving customers some time between the spring and fall of 2015. READ

Cam Clark Ford getting new building in Olds

Cam Clark Ford will soon have more leg room in Olds. The auto group is developing a new building at the former Olds High School north of Hwy 27. It will replace Cam Clark Ford’s existing dealership building at 5642 46th St. READ

New hotel being built in Lacombe

Lacombe Mayor Steve Christie pledged to attract a new hotel to the city, and on Monday he was able to confirm that he’d delivered. With a Stretch Construction Ltd. crew working in the background, Christie spoke enthusiastically about the impact the 83-room Best Western Plus Lacombe Inn & Suites will have on his community. READ

Many promising opportunities in tourism: Richards

Those who recall Canada’s centennial celebrations might be surprised to learn about a big tourism event looming on the horizon: the 150th anniversary of confederation. READ

Dreeshen wants transatlantic business

Canada and the European Union have yet to formally sign the Comprehensive Economic and Trade Agreement (CETA), but Red Deer MP Earl Dreeshen is encouraging exporters to start reaching out across the Atlantic. READ

Building permit values continue to lag

Building permit values, considered to be a strong indicator of future construction, continue to lag behind last year’s figures in Red Deer. The city announced on Wednesday that it approved $15.1 million worth of work in August, down from $19.0 million for the same period in 2013. Residential projects accounted for $9.0 million of last month’s total, virtually unchanged from one year earlier. READ

New developments in Sylvan Lake set to open in Spring

Sylvan Lake’s latest developments-with-a-view are expected to be ready by next spring. READ

Parkland Mall Safeway will close Dec. 6

Red Deer will officially become a one-Safeway town on Dec. 6. That’s the day the Safeway store in Parkland Mall will cease operations, leaving only the Port O’ Call Safeway at 4408 Gaetz Ave. to represent the grocery brand in the city. READ

Crops under siege

Already reeling from unseasonal snowfall that flattened fields and put the brakes on this year’s harvest, Central Alberta farmers were bracing last night for a killing frost that would further undermine the yield and quality of their 2014 crops. READ

Local companies make Venture provincial list of highest revenues

Central Alberta companies have strengthened their presence on Alberta Venture magazine’s annual list of the provincial companies with the highest revenues. Parkland Fuel Corp., High Arctic Energy Services Inc. and Gamehost Inc. of Red Deer, and Agriculture Financial Services Corp. (AFSC) of Lacombe all remained on The Venture 250 for 2014, and improved their placement from last year’s list. READ

Housing starts in Red Deer fall in August

Canada Mortgage and Housing Corp. reported on Tuesday that housing starts in Red Deer dipped last month, as compared with the same period in 2013. READ

Five levels of an entrepreneur

In his online article in “The Owl” in early August, Todd Hirsch, chief economist with ATB Financial, reported some revealing statistics. In June 2014, 395,991 companies were registered in Alberta. According to Statistics Canada, nearly 60 per cent of those companies were “micro-businesses,” employing just one to four people. Another 17 per cent employed fewer than 10 people. READ

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