Calgary Economic Downturn

• Calgary posts record office vacancy rate but new report points to better times ahead

  Calgary continues to have the highest downtown office vacancy rate in North America, but a new report shows there are reasons for optimism.

  Economy

  Nov 9, 2021
  
• Calgary businesses brace for slowdown as pandemic fears intensify

  Some Calgary businesses are worried about a loss of revenue and the possibility they may need to reduce staff as COVID-19 hits the city hard.

  Economy

  Mar 16, 2020
  
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• Here’s what $60M in budget cuts will mean for Calgary staff, services

  City of Calgary top managers detail how $60M budget cut will affect services and staff

  Politics

  Jul 25, 2019
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• Calgary restaurants move to sharing spaces as industry struggles

  Calgary restaurants are looking at innovative ways to stay afloat during the economic downturn, including sharing space.

  Economy

  Nov 27, 2018
• Popular Calgary play-and-learn centre Gymboree gets new lease on life

  One of the recently closed Gymboree Play and Music centres in Calgary has reopened, thanks to new owners and some help from the parent company.

  Economy

  Oct 17, 2018
• Downtown Calgary struggles with commercial vacancies while ‘burbs’ boom

  Calgary's downtown core continues to struggle during the downturn, but other areas of the city are booming when it comes to commercial real estate investment.

  Economy

  Sep 26, 2018
• Popular children’s play-and-learning centres closing: Calgary parents devastated

  Calgary's only Gymboree Play & Music centres are set to close on Sept. 29, after 30 years in business.

  Economy

  Sep 21, 2018
• More Calgarians driving than taking the train downtown: 2017 report

  More people are driving downtown than taking transit according to new data released by the city.

  Traffic

  Sep 18, 2017