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rfmcdonaldCBC News' Rachel Maclean looks at how Denver has been much more resilient than Calgary in coping with oil shocks.
See also this article looking at how Calgary can better appeal to millennials.
The city reaches out to the Rockies — a sprawl of suburbs, farmland, oil rigs, ranches and maybe even a ski hill or two. It's known for a high elevation and western roots. The population is diverse, and alive with a true entrepreneurial spirit and progressive attitudes.
Yes. It's Denver.
The thing is, Denver and Calgary have a lot in common. But while Denver is rising, Calgary is struggling.
Founded within 20 years of each other, both cities were 19th century western frontiers. Places built on railways, agriculture and oil. For decades, both cities followed a similar economic path — including the highs and lows of the energy industry.
But then, just a little more than 30 years ago, both cities faced a crisis. Calgary went one way, and is still riding the energy wave. Denver another, leading to a thriving economy.
See also this article looking at how Calgary can better appeal to millennials.
