Updating Stuart Olson Inc., Stantec Inc. and WestJet Airlines

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STUART OLSON INC. $6.20 (Toronto symbol SOX; TSINetwork Rating: Speculative) (780-454-3667; www. stuartolson.com; Shares outstanding: 27.4 million; Market cap: $169.7 million; Dividend yield: 7.7%) provides governments and businesses with construction, electrical contracting, earthmoving and insulation services. It mainly operates in Western Canada. The company continues to win more clients: it has just announced two new construction management contracts in Southern Ontario. The first project is to construct a 30-storey student residence for a large post-secondary institution. The second project is to construct an eight-storey retirement residence. Stuart Olson expects to win more contracts in Ontario as planned provincial infrastructure spending picks up there. It’s especially optimistic about winning more retirement residence projects due to its growing reputation in this expanding field and its work with a variety of clients in that area. Stuart Olson is still a hold. STANTEC INC. $35.15 (Toronto symbol STN; TSINetwork Rating: Extra Risk) (780-917-7288; www.stantec. com; Shares outstanding: 113.9 million; Market cap: $4.0 billion; Divd. yield: 1.4%) continues…