Calgary building outpaces Toronto
CALGARY - A surge in construction- permit approvals here in 2006 smashed the previous year’s record and outpaced growth in Toronto, Edmonton and Vancouver, the city revealed yesterday.
Residential and commercial projects worth $4.76-billion were approved for Calgary, beating Toronto by more than $1-billion and more than doubling Calgary’s 2002 total.
This is really amazing when you think of it because Calgary is only one-fifth the size of Toronto with one million people. Yet they have more construction going on there than Toronto does with its five million residents. It is clear that the economic boom is still strong and that opportunities abound in the Western part of the country.
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