Calgary is Alberta's largest city by population, with nearly 1.3 million residents. Located in the southern region of the province, where the Bow River and Elbow River meet, it is also the most populous city in all of western Canada.
The city has primarily built its economy around energy and financial services. Calgary has a thriving downtown, but also many unique residential communities and suburbs. It is well known for its many retail options, as well as its 20,000 acres of public parkland available for recreation. Those considering a relocation to the Calgary area should learn about these eight of Calgary's most prominent suburbs.
Tuscany
Tuscany Amenities
- Movie theatre
- Shopping
- Restaurants
- Community/event facility
Calgary’s housing market was rocked by the COVID-19 pandemic during the first half of 2020, and a resurgence in COVID-19 cases will certainly impact the performance of the market as we approach the end of the year. TD forecasts Alberta to be the second hardest-hit province in Canada, facing a 7.2% drop in real GDP with Alberta's unemployment rate soaring to an annual average of 11.5%. The unemployment rate is expected to recover to 2019 levels by 2023.
