Set in the foothills of the Rocky Mountains at the intersection of the Bow and Elbow rivers, Calgary, Alberta exudes innovation, energy and a uniquely Western Canadian hospitality. As the largest metropolitan area between Vancouver and Toronto, Calgary is home to over 1.1 million people. It’s a global energy leader and a welcoming frontier for business and investment, which has helped the robust Calgary real estate market expand rapidly.
An urban city surrounded by scenic vistas, Calgary offers cosmopolitan highlights like high end shopping and global dining experiences, natural beauty and endless economic and real estate opportunity.
Long renowned as Canada’s energy capital, Calgary is now a global leader in energy and enterprise. The concentration of the region’s energy sector, as well as the most competitive provincial corporate and personal income tax rates in Canada, have helped fuel unrivalled economic growth — Calgary has had the highest GDP (gross domestic product) growth of any Canadian city over the past 10 years at 29.6% (2001-2010).
But Calgary isn’t just home to virtually every major oil and gas company in the country or to the highest concentration of head offices per capita in Canada (at 9.3%) — it’s home to a dynamic population of 1.1 million residents who understand exactly why the city was ranked in the Top 5 of the Economist Intelligence Unit’s “2011 Most Livable Cities in the World” out of 140 global cities.
Calgary also has some of the sunniest weather in Canada. Although it can get chilly in the winter, the area is frequently swept by dry Chinook winds from the Pacific Northwest that can raise temperatures by up to 15°C in a single afternoon.
The city is also home to the Bow River, which flows from the foothills, through the downtown core, and out through to the prairies, where plenty of wildlife reside. Calgary also draws thousands of students to its post-secondary schools and is often the first stop tourists take on their way to Banff National Park.
Whether your dream home is a luxury condo overlooking the Bow River downtown, a home with a yard suitable for your growing family, or a rural estate you can retreat to in the foothills, our Calgary real estate experts can help.