Quote:
Originally Posted by Wormius
The only silver lining is this could be very fortunate for Calgary with our low commercial vacancies right now and the fairly well-educated work force. Low costs relative to Vancouver and Victoria. Even though we are not Silicon Valley, the perks of working and living here are pretty good. I am looking forward to a return of the Nortel era days of Canada.
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Calgary's labour costs make it an unattractive market to move into and our corporate taxation is no longer a strength. There's really no financial incentives for a company to move here.