Bolstered by a booming provincial economy, Calgary a thriving business-centric city with a constant focus on growth – without the dramatic upswings and downswings other Canadian cities have seen. Large businesses from all over the world are moving to Calgary and producing an increased demand for commercial space. What does that mean for you? Simply that there is no better time to invest than right now! This massive surge is creating a need for more residential and commercial space, plus an outstanding opportunity for people who want safe, profitable investments.
Calgary Economic Highlights:
- Population topping one million – only the third city in Canada to reach the milestone
- Calgarians enjoy the highest per capita income in the nation
- At 7.1%, Calgary experienced the highest labour force growth in 2006
- Between 1997 and 2006, the Calgary labour force grew a stunning 35%
- In 2006, Calgary experienced the highest labour force participation rate in Canada at a rate of 76.1%. Over the 10 years prior it averaged 75% annually.
Please visit the Calgary Economic Development webpage to learn more.
Since Calgary is a leading economic force in the competitive Canadian and International markets, many businesses are looking to expand outside of the city limits. The Calgary-Edmonton Corridor has the second highest per capita GDP in the world, next to Luxembourg, and is the focus of considerable interest and expansion. A large number of developments are being built in this area – including one of our latest investment opportunities, the Balzac Commercial Campus.
