Calgary Online Backup
Alberta’s largest city, Calgary, is a booming metropolis in one of the most stable provinces in Canada. With a population over one million people, the city has an exceptional workforce and diverse range of possibilities for many industries and businesses. However, the primary industries for the city are fossil fuels and agriculture, but these are the foundation for later growth in other areas, including possibilities for new energy sources.
The city has become well-known as an established and stable city for growing businesses. It is considered to be a global city, and was the first Canadian city to be chosen to host an Olympic Games (1988). Since this honor, the Calgary has continued in excellence and has one of the nation’s lowest unemployment rates, even during considerable national and international financial troubles. Its positive reputation has helped to make the city a very desirable location for businesses seeking a safer market to setup or grow.
Calgary’s reputation has also attracted a much more diverse workforce. From the petroleum industry to expanding high-tech companies, Calgary has a very strong job market that runs the gambut in terms of opportunity. Those seeking more traditional work move toward the city for the thriving agrarian market near the city or the fuel industry that is still thriving. This gives potential employers a much greater range of talent from which to get started. As the city expands, the financial sector has sought to keep up with the growth. The potential for financial industries is nearly as diverse as the number of industries in the city. While no financial business will be getting in on the ground floor, it is an excellent and more stable market that promises to continue growing.
The greatest percentage of Calgary’s gross domestic product comes from the fossil fuel industry. This market is one of the few well-established and still reliable sectors. This does not mean that Calgary is getting entrenched in an area that will eventually die out. Knowing that fossil fuels has an expiration date that is not too far into the future, Calgary is helping many other industries to grow and expand. This shows how dedicated the city is to ensuring a stronger future. As a result, the fossil fuel industry is playing a progressively smaller role in the city.
Many companies are looking at the potential of Calgary and are deciding not only to setup business in the city, but are making it the company headquarters. With the growing number of headquarters in the city comes an expansion of service industries and more progressive thinking.
The developing and changing nature of the city promises to help the city evolve from a leader in the fossil fuel industry to products and services of modern times. While it appears to be moving toward more of a corporate feel, there is still plenty of room for technological innovation and advancement. The potential of a business in Calgary is nearly limitless, particularly as the city transitions away from being a leading supplier of fossil fuels.
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