took a hard look at the story behind Denver's resiliency during the recent energy bust.
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.
Calgary could stand to learn a thing or two from Denver. Something that occurred to Calgary Economic Development, which recently sent someone down on a fact-finding mission to study the successes of the Mile High City -- named for the exact mile it sits above sea level.
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