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Olds Ranks in Top Three for Alberta Business Locations

The town of Olds, Alberta continues to punch above its weight class when it comes to doing business. In its November issue, the business-focused Alberta Venture magazine ranked Olds third in its 2013 Best Communities for Business in Alberta feature. Olds was also ranked number one in southern Alberta.

 The two communities ahead of Olds are both located near, and associated with the “oil patch” in northern Alberta and are much larger than Olds.  With a population of 8,235, Olds was the smallest community assessed in the magazine’s rankings.  However, it won its position based on new hotel and conference centre development, its education level, competitive tax rates, and a North American-leading 1,000Mbps broadband speed through the community-owned company, O-NET.

 Olds continues to be the small town that acts like an innovative city, the rural setting with the metropolitan amenities.  Mayor Judy Dahl was quoted in the Olds Alberta as saying, “Just looking around and feeling the energy of this community, we have such proactive people and people plugged in to knowing what we need in this community.”

 Olds’ prime location between Calgary and Red Deer on Highway 2 combines with the town’s numerous recreational and cultural amenities to make Olds attractive to new entrepreneurs and businesses.

 Alberta Venture magazine, with a readership of more than 160,000 business owners and entrepreneurs, has released its rankings for six years.

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