Quote:
Originally Posted by nik-
There was like one 3 month period of decreasing population in the last downturn and I think it was less than 10000 people. The rest of the time there was still growth.
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the last downturn in Calgary was the 90s. 2008 2009 was totally different because the entire world's economies were toast. There was nowhere to go. Leave Calgary and go where? People still needed jobs and Calgary still had more jobs in 2009 than anywhere else in Canada. that's why they stayed. like I said. Economically driven. If the unemployment rate in Calgary was currently %10 you think people wouldn't leave?