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Originally Posted by you&me
I'm not super familiar with Canmore and the land use regulations (and restrictions), but... What if the town grew (responsibly, of course)?
What if it became something like Boulder? Like people could actually live and work there, beyond mostly service jobs?
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The problem is there just isn't much space to grow. You can't really expand west much(Nordic centre, Banff Park, river wetland). They've already built north and south to the valley edges, so no room there. That leaves east, which they are rapidly reaching the farthest they can go there. In the process they've eaten up the animal corridors and a huge amount of trails(the very reason many would want to live there).
There really isn't all that much developable land, which is why they try to force developers to at least have some affordable housing, but it is never near enough, so the balance gets worse with every development. And it seems most of the new developments are for weekenders/investors so families miss out.