Calgary Economy

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Strongest Economy in Canada

At 1.3 million people, Calgary is the fourth largest market in the country, with the highest income per capita. It is expected to lead the country with real GDP growth forecasted at 3.7% for 2013-2016.

2013(f) Personal Income Per Capita

Source: Conference Board of Canada Metropolitan Outlook 1 – Autum 2012


Calgary Population Growth 2009-2014(f)

Sources: Conference Board of Canada Metropolitan Outlook Autumn 2012

Highest Population Growth in Canada

Calgary has seen the highest total population growth and average annual growth of the major metro centres over the past 10 years.


Demographics

  • Median age is 35.8, with 59.2% of Calgarians within the core working age group of 25-54
  • 23.6% of Calgarians are immigrants, and 1.1% are non-permanent residents
  • Average household size of 2.6 people
  • Second highest level of educational attainment of population age 25-64 of major Canadian cities

Sources: Calgary Economic Development – Calgary Advantages Presentation May 2012


Corporate head offices 2010

(per 100,000 population)

Canadian CMAs       Source: FP500 2011 Database

Western Canada’s Head Office Leader

Calgary has experienced a 55.7% growth in head offices over the past 10 years (2001-2010).

Highest concentration of head offices per capita in Canada, at 9.9 per 100,000 population.


Calgarians will continue to be the #1 retail spenders in Canada

Calgary’s overall retail spending is expected to increase to $20.277 per capita in 2013 – the highest retail expenditure in Canada, and 66% above the national average.

2013(f) Retail Spending Per CapitaSource: Conference Board of Canada Metropolitan Outlook Autumn 2012


Wired for success, educated to succeed

Calgarians are connected

  • All Calgarians have access to broadband Internet connectivity
  • Highest Internet use in Canada, at 88% (2010)

Calgary has a higher degree of learning

  • Second highest level of educational attainment of population aged 25-64 of major Canadian cities (2006 Census)
  • One of the best educated populations in North America

Sources: Calgary Economic Development – Calgary Advantages October 2010


Entrepreneurial hotbed

  • Calgary has the largest concentration of small businesses among Canadian cities on a per capita basis at 38.8 (per 1,000 population)
  • Highest number of self-employed per capita in Canada in 2011 (88.8 per 1,000 population)
  • Young entrepreneurial capital of Canada.
  • Within the 15-44 age range, Calgary represents the largest portion of self-employed people in Canada at a share of 43.5% (2011)

Small business per capita 2011

(per 1,000 population)

Canadian CMAs

Sources: Statistics Canada – Canadian Business Patterns

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