As you are probably aware Calgary is technically in a recession. But that doesn’t mean it is all doom and gloom! On this week’s episode, Kim sits down with Luke Azevedo (TV & Creative Industries Commissioner at Calgary Economic Development), Jeremy Nagel (our mortgage expert from Canada Mortgage Direct), and Doug Hayden (Real Estate Agent and Entrepreneur) to answer the question “So, how’s the market?”

What did the experts have to say? And what’s next for Calgary?

  1. Calgary is a dynamic city with worldwide appeal. Calgary gets top marks on several city ranking lists. We’re a clean city, with close proximity to the mountains (ahh), and we’re a great place for start-ups to grow and thrive. Our city attracts a wide variety of people, making us a truly dynamic city and great place to live.
  2. Opportunity for entrepreneurs to grow in this economy. The new announcement from CMHC (Canada Mortgage and Housing Corporation) came in and it’s looking good for entrepreneurs. CMHC is looking to help entrepreneurs enter the home buyers’ market, making it a great place to grow a business and make a life.
  3. Looking out for the next industry. To offset what is happening in energy sector, different industries are growing to diversify the economy; such as rocket space. Rocket space? You read that right, rocket space could be on the horizon for Calgary.

For the full discussion, tune in Wednesday November 15 on CTV2 at 8:30 a.m. Thank you to our experts!

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