Edmonton gets a Dutch treat with opening of pancake house

EDMONTON – It’s a Dutch-style crepe the size of a big dinner plate. You can add savoury toppings or fillings, or sweeten it with whipped cream and fruit. You can have it for breakfast or lunch.

Many Edmontonians may already be familiar with the offerings of De Dutch Pannekoek House Restaurants, thanks to the chain’s 22 restaurants next-door in British Columbia, says president Bill Waring.

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Glimpse into the future

Lethbridge’s new master plan for transportation, completed after more than two years of studies and feedback, looks ahead to a city population of 130,000.

Darwin Juell, the city’s transportation manager says the long-term approach offers more transportation options – cycling to work, or promotion of car-pooling – rather than focusing on roadways for one driver, one vehicle as the only way to travel.
The plan also proposes higher-density housing in some neighbourhoods, he told city council Monday. Juell also said more people would ride transit if it required fewer transfers – and if a beefed-up system actually met the city’s service standards for seniors and for newer neighbourhoods.

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Overpass construction won’t bother nearby business owners

Business owners near the intersection of Dunmore Road and the Trans-Canada say that short-term pain while an overpass is being built will alleviate long-term strain on the roads near their businesses as well as ease the nerves of drivers trying to get through the busy intersection.

On Friday, the News received confirmation that the contract for the project had been awarded to South Rock Ltd., a local-based roadbuilder. The contract, worth $18.5 million, includes a weather- dependent completion date of Aug. 31, 2014.

It’s the result of long-term lobbying on behalf of the City of Medicine Hat and the local Chamber of Commerce.

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SoBow Inglewood condo development resurrected

CALGARY — A residential condo project in Inglewood has been resurrected and rebranded under a new developer as the Calgary housing market experiences a spike in new multi-family construction starts this year.

The SoBow development is a mixed-use venture of M2i Development Corp. with its residential building, 1912 Cross, comprising 120 units, of both condominiums and town houses.

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Three Dilemmas Awaiting OPEC in the Future

OPEC faces a triple dilemma over the short, medium and long term, none of which have good outcomes for the cartel. The short term is simple; prices are likely to correct into 2013 below price bands that are deemed economically and politically comfortable. That strikes on OPEC’s medium term problem; the geological cost of production is now structurally out of sync with the geopolitical cost of survival. When OPEC doesn’t get the petrodollars they need to appease restive populations, the default position will be tough political repression to tighten their grip on power. Whether that ‘works’ as an effective coping mechanism remains to be seen; political outages might well help to lift interim prices, but this merely highlights OPEC’s long term nadir. The higher prices go, the more demand will fall – and more importantly – non-OPEC production explodes beyond the cartel to drive down prices. Any way you look at it, OPEC’s triple dilemma doesn’t have any easy exits.

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Albertans confident about economy heading into 2013

CALGARY — Albertans are the most likely people in Canada to expect their personal financial situation will improve as well as believing the Canadian economy will get better in 2013, according to the quarterly RBC Canadian Consumer Outlook released today.

The survey also said Albertans are the least likely to be anxious about potential job loss.

Heading into 2013, more (43 per cent) Alberta consumers feel their personal financial situation will improve than they did at this same time last year (39 per cent).

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