Calgary – Canada’s Economic Epicentre

The Epicentre of Canada’s Economy is Calgary

•  In 2011, 2 million square feet of office space was absorbed lowering office space vacancy to 5.01%
• Calgary has the highest amount of head offices per capita in the country, with 9.9 head offices for every 100,000 people, overtaking Toronto’s rate of 4.5 head offices per 100,000 people by more than double!
• Calgary is on schedule to replace Montreal for Canada’s second largest downtown office space market by the year 2016, with an astonishing 49 million square feet! – Cushman & Wakefield
• Calgary is Canada’s second strongest and fourth largest economic market and has the highest income per capita. Calgary is predicted to lead the country in GDP growth at 4.1% from 2013 to 2016 – Conference Board of Canada’s Metropolitan Outlook for 2012

Calgary Rankings

• #1 Most Wired City in Canada – Maclean’s Magazine 2010
• #1 Canadian Retail Spender – Average spending is predicted to rise to $17,927 per capita, 37% higher than the national average – Conference Board of Canada 2011
• #1 World Capitals of the Future – (Emerging World Cities, #1 out of 3) – Forbes Magazine
• #3 for Prosperity Versus 24 Other Global Cities – Conference Board of Canada 2011
• #4 Top Metro Award – Site Selection Magazine 2010
• #28 in the world for Competitiveness amongst Businesses – The Global Financial Centres Index 11 (GFCI) 2012

Calgary is an amazing city with amazing opportunities, where the sky is the limit. If you are looking for a place to relocate to for a possible job opportunity, Calgary would be your best bet for Canada. Worker shortages are causing Alberta companies to re-evaluate their hiring systems and employee benefits to attract workers to them. One particular industry short of workers is the Alberta Oil and Gas field sector. Shortages are so drastic, that almost anyone can find an entry level job with minimum qualifications that has above average income.

Thinking of moving to Alberta? Here are 15 reasons to relocate to Calgary. Also, check out our Moving to Calgary Relocation Guide for some helpful tips. Thanks for stopping by!