[SHOFEAR]

Originally Posted by Vercingetorix

I haven't seen that article about the jobs, but other indicators (bank reports for example) show that Calgary is still growing faster population wise, including significantly more in 2011. Banks can't give you the exact numbers but they can give surprisingly accurate estimates based on account movements and address changes.

Recent economic forecasts show Calgary to have similar or higher growth than Edmonton, so I would expect the population trend of the last 5 years to be the similar for the next five.

http://www.joconl.com/article/id43105

The really odd thing is Edmonton tends to be a few years behind Calgary when it comes to booming and behind Calgary when it comes to busting. The preliminary oil patch works starts up in Calgary and then it takes a year for that to translate to manufacturing in Edmonton, likewise when things cool down it takes a year or so for stuff to finish being built. This is clearly a departure form that trend, making it very interesting.

http://www.edmontonjournal.com/busin...106/story.html

EDMONTON - Edmonton led the country in job creation over the last 12 months, says the city’s chief economist.

But that expansion will heat up the local economy next year and may boost inflation and create labour shortages, John Rose said Thursday.

“The metropolitan area of Edmonton has generated more jobs than any other metropolitan area in the country — 44,900 jobs in the past 12 months,” Rose told an economics conference Thursday.

“These aren’t greeters at Walmart, this isn’t people giving each other yoga classes. These are jobs in manufacturing, jobs in construction, jobs in transportation, jobs in professional services. We’ve actually seen part-time employment in the city shrink, so in fact we’ve had probably around 50, 55,000 full-time jobs created, with a net gain of 44,900.”

Calgary, according to Statistics Canada data that Rose presented, added about 25,000 jobs in the period Rose discussed