Calgary and Edmonton urban centres have undergone major transformations in recent years and are now becoming ‘lifestyle cities’. In both Cities, old lifeless pockets have been revamped into trendy neighbourhoods lined with new restaurants and shops, significant investment in arts and culture has helped to breathe new life into the community, and real estate development has transformed the skyline.
Regardless of the current economic downturn, there are a number of reasons that point to the resilience (and positive outlook) of these two cities:
- Average Age
- Unemployment Rate
- Oil Production
- Real Estate Development
- Mayoral Influence
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