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October 2011 Alberta Economic Fundamentals

It's a go: City council approves Edmonton arena deal




EDMONTON - The Oilers could be playing in a fancy new rink by 2015 after city council gave the go-ahead Wednesday to a $450-million arena intended to transform downtown Edmonton.




`I think it`s an incredible opportunity for us to redefine our city,` said Mayor Stephen Mandel, who has spent the last five years promoting the project.




`It`s always easy to say no ` it`s courageous for council to say yes.`





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