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Calgary is staring into its first year of negative economic growth since 1989.

DragonflyProperties

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Hi all,

Excerpts:

The Heart of the New West won`t be pumping out growth in 2009, but it`s still a place of opportunity.

That`s the reality for Calgary, which is looking at its first year of negative economic growth since 1989.

While the end of the boom in Cowtown is punctuated by job losses and scaling back of the Bow - the future skyscraper home of oilpatch giant EnCana - things aren`t exactly in disaster mode for Alberta`s largest city.


http://www.westerninvestor.com/regional/re...ies/story2.html

Keith
 
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