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Originally Posted by SeeGeeWhy
Toronto is a little more stable because it has more than one industry that can support a population, unlike Alberta which relies heavily on energy.
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That's one thing I've read that is very different from the early 80's.. Calgary's economy isn't nearly dependant on energy now as it was then.
So if (when?) energy tanks it'll be bad but not like it was in the 80's where people were walking away from mortgages and stuff.
At least that's what I read. It's all a big guessing game.