Page 62 - BWA FEB 2013

62 | Business World Magazine | February 2013
structure a business model which can be used
as a template throughout Canada… in places
where it is most needed.”
FUTURE DEVELOPMENTS
SkyRider is also busy investing in other areas
where housing is needed. Among the com-
munities in which the company is presently
heavily invested is the Prince Albert commu-
nity in Saskatchewan and the area of Cold
Lake in Alberta. Prue says he is typically at-
tracted to communities that he believes will
experience mid to long term growth, and
have a need for housing. He says since Cold
Lake benefits from a strong oil and gas-based
economy, there are several billion dollars
worth of infrastructural enhancements be-
ing made, which is therefore driving eco-
nomic growth, jobs and the need for accom-
modations. Meanwhile, Prince Albert, has a
population of more than 100,000 which is
anticipated to double in size over the next
few year, drawing largely on its distinction as
“The Gateway to the North.” Additionally,
the opening of a new diamond mine and re-
opening of a mill will drawmore people, and
again, the need for housing. Prue says his
goal is to “become a developer of choice” for
these communities.
Though he is fully engaged in business
in Canada, Prue says he does not rule out op-
erational expansion into other country. “Our