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The second-largest city in ALBERTA, Calgary is situated on
the BOW RIVER in the southern part of the province, about
220 km north of the American boundary at the meeting point
of the western prairies and mountain foothills.
Strategically located on major rail, highway and air corridors,
Calgary is an important transportation centre. It is also
the financial centre of western Canada and headquarters of
Canada's oil and natural gas industries. With its panoramic
backdrop of the Rocky Mountains and its historic association
with the ranching and oil frontiers, Calgary is one of North
America's most identifiable cities.
Economy
Calgary's economy has historically been associated with commerce
and distribution. Its more recent emergence as a world energy
and financial centre is reflected in its second-ranking national
position in the location of head offices (92 in 1995), including
those of NOVA, TRANSCANADA PIPELINES, PETRO-CANADA and Suncor
Inc.
The work force, therefore, shows a heavy orientation towards
the professional, management and commercial sectors. "Blue
collar" occupations have traditionally been dominated by the
building, railway and, more recently, oil supply trades.
Manufacturing has diversified from products for the agricultural,
oil and natural gas industries to include products from the
food, clothing, furniture, motion picture making and high-technology
sectors.
Between 1981 and 1995, annual output from Calgary's technology-intensive
sectors quadrupled to $5 billion. In 1995 tourists spent $1.17
billion and generated over 27 000 full-time jobs in the city.
Calgary has one of the highest per capita disposable income
and labour participation rates of all major Canadian cities.
It also leads the country in the percentage of citizens educated
at the post-secondary level (58% in 1995). Yet, in spite of
its position as Canada's fastest-growing and most prosperous
city in the mid-1990s, it has remained heavily economically
dependent on a single, high-risk industry. It suffered accordingly
in the recessions in the oil industry in the mid- and late
1980s and in the early 1990s.
Educationally the city is served by the UNIVERSITY OF CALGARY,
Mount Royal Community College, Southern Alberta Institute
of Technology, Alberta Vocational Centre and Alberta College
of Art.
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