Calgary
Calgary continues to be one of Canada’s economic hot spots.
Since 1992, the city’s economy has grown 46%, an average of almost 5% per year.
Calgary is Canada’s energy capital, and Western Canada’s business capital.
A North American hub…by road, rail and air.
A national leader in employment growth.
The youngest populated city in Canada with an average age of 34.
The most affordable North American city to operate a high-tech business.
The second-largest head office city in Canada.
Rated the cleanest city in the world in an environmental examination of 215 cities around the globe
Calgary’s GDP growth has been exceptionally strong…real GDP grew at 6.5% in the Calgary CMA in 2000.
Calgary leads the nation in personal income per capita…the average Calgarian’s personal income is the highest in Canada.
Calgary’s personal income growth rate also leads the country.
The average Calgarian earns 25% more than in 1995.
The Calgary region is the largest metropolitan region in Alberta.
Calgary’s population has increased every year for the past 15 years.
The population of metro Calgary reached just over 1 million residents in 2000.
The Calgary Metro area is one of the two fastest growing regions in Canada.
Property Values in Calgary
The average sale price for a Single Family Residential home is $270,891 for 2005 compared to $247,229 in 2004
The represents an increase of 12.57%
Alberta Advantage
A strong and diversified economy.
A globally competitive business tax environment.
Political stability and low taxes.
A young, skilled and productive workforce.
The lowest overall personal taxes in Canada.
A fiscally responsible government with no net debt.
Alberta Competitive Business Environment
“Growth fueled by construction activity, solid domestic demand and a debt-free fiscal situation reflect an economy performing well on all fronts.”
— Conference Board of Canada, Provincial Outlook, Spring 2005
“Alberta was already firmly in the number-one spot among the provinces in terms of growth predicted for 2005-6, but its lead has widened further.”
— RBC Financial Group, Provincial Outlook, March 2005
“The Calgary-Edmonton corridor is Canada’s western tiger…given all of its assets, the corridor enjoys enormous potential — not only to widen its economic lead within Canada, but to become the region that stands out as the most prosperous and best place to live in all of North America.”
— TD Bank Financial Group, TD Economics Special Report, April 22, 200