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Relocation Calgary


Although Calgary and Alberta have traditionally been affordable places to live, substantial growth (much of it due to the prosperous energy sector and the northern oil sands projects) has led to increasing demand on Calgary real-estate. CALGARY VIDEOS


As a result, house prices in Calgary have increased significantly in recent years, but have stagnated over the last half of 2007, and into 2008. As of November 2006, Calgary is the most expensive city in Canada for commercial/downtown office space, and the second most expensive city (second to Vancouver) for residential real-estate.


The cost of living and inflation is now the highest in the country, recent figures show that inflation was running at 6% in April 2007. Homes For Sale In Calgary

Living in Calgary


Calgary benefits from a low tax regime: the province of Alberta has no municipal sales tax, provincial sales or provincial general capital tax, and has one of the lowest provincial corporate tax rates in Canada (10%).


Alberta is the only Canadian province to have a flat personal income tax rate (10%). All other Canadian provinces work on a sliding income scale.


While Calgary continues to be a major centre for the global energy industry, it's rapidly expanding economy has diversified far beyond its traditional strength.


 
 


The downtown region of the city consists of five neighbourhoods: Eau Claire (including the Festival District), the Downtown West End, the Downtown Commercial Core, Chinatown, and the Downtown East Village (also part of the Rivers District).


The commercial core is itself divided into a number of districts including the Stephen Avenue Retail Core, the Entertainment District, the Arts District and the Government District. Distinct from downtown and south of 9th Avenue is Calgary's densest neighbourhood, the Beltline. The area includes a number of communities such as Connaught, Victoria Crossing and a portion of the Rivers District. The Beltline is the focus of major planning and rejuvenation initiatives on the part of the municipal government to increase the density and liveliness of Calgary's centre.


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