I think I'd echo what grau has said. "hunting" and "precision target" are seldom used in the same sentence for a reason, but that's not to say you can't find a gun that will be good in the field...but also print decent results at the range. I'm no authority on these matters..but when I read questions like this, the first 2 questions that pop into my head are "budget?" and "long carries?" There are other voices in my head too

...but I think those 2 need answers.
Budget~knowing that will always help narrow-down the choices, and make sure to say whether or not the budget includes optics, rings, spare magazines, etc.
"Long carries"~by that I mean, how will the gun be used primarily? Most target/precision guns have (among other things) heavy barrels and very light triggers...neither of which are considered ideal for hunting guns. Most hunters are covering ground, carrying some distance, making shots from a variety of positions...often improvised rests. These situations call for a lighter/handier gun...especially if this how the gun will be used most. I mean...both will do both OK, but if you're carrying a varmint-barrel 22 with a big scope on it through the woods...and trying to take offhand shots at squirrels with it..you'll VERY quickly realize that 1 tool trying to do 2 very different jobs doesn't always work.
So...what to get?
IF you're in Calgary and IF "small game" means gophers...that's a different story. A target/precision/varmint-weight-barrel gun may actually be a great fit. My gopher gun is a CZ452 Varmint (22LR)..and yes, I think 452s are worth finding. I have no desire to own a 455 personally. Since those will come in around $630 before tax (new, about $500-$550 used) the decision is whether or not a 452 with a half decent scope/rings coming in around $1,000-$1,100 is in the budget. They made a 452 "American" as well, the same gun only with a sporter-weight barrel. Neither of those have iron sights. If you WANT iron sights and have no scoping plans, you'd be hard-pressed to beat the CZ452 LUX.
If your budget is higher~take a look at Anschutz rifles (Nordic Marksman is a CGN sponsor). If it isn't, I'd seriously consider the new Savage B series rifles, not the older Mark IIs. They're around $390 or so if memory serves.
I'm sure either hunting OR target shooting will be the MAIN event for the OP, so if only 1 rifle is in the plans...buy the one that fits that best.