The oil and gas industry has helped Calgary’s economy grow a great deal. In the whole of Canada, Calgary has the preeminence of being the leader in the oil and gas industry. Though the dominance of the city’s oil and gas industry has reduced over the last couple of years, it is even today the individual largest contributor to the city’s GDP. BP Canada, Encana, Canadian Natural Resources Limited, Suncor Energy, Husky Energy and Shell Canada are some of the largest oil and gas companies operating in the city of Calgary.
Over the years, both private sector employers and public sector employers have vastly contributed to the growth of Calgary’s economy. Major employers belong to sectors like energy, healthcare, education, communication, tourism, food, real estate and manufacturing.
Since Calgary has also been recognized as the cultural capital of Canada, it has fueled the growth of ethnic restaurants and stores. Calgary downtown is dotted with multiple skyscrapers, one of the most popular of which is the Calgary Tower.
After Calgary hosted the 1988 Winter Olympics, it’s popularity in the field of sports and recreation grew manifolds and it advanced into a famous destination for adventure sports. Calgary has progressed to a point where it is also termed as a corporate power center. A substantial percentage of Calgary’s workforce is engaged in white collar jobs.