CBC Calgary took a hard look at the story behind Denver's resiliency during the recent energy bust.
Excerpt:
Denver and Calgary have a lot in common. But while
Denver is rising, Calgary is struggling.
Founded within 20 years of each other, both cities were
19th century western frontiers. Places built on railways, agriculture and oil. For decades, both cities followed a similar economic path -- including the highs and lows of the energy industry.
But then, just a little more than 30 years ago, both cities faced a crisis. Calgary went one way, and is still
riding the energy wave. Denver another, leading to a thriving economy.
Calgary could stand to learn a thing or two from Denver. Something that occurred to Calgary Economic Development, which recently sent someone down on a fact-finding mission to study the successes of the Mile High City -- named for the exact mile it sits above sea level.
Read the rest
here.
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