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Calgary faces both uncertainty and opportunity in 2016 after oil price plunge

2015-12-07 11:56:12| Real Estate - Topix.net

A year into the global oil price plummet, and Calgary's boom-and-bust economy is decidedly leaning towards bust. Home prices are down, unemployment is up, and no one knows when things might turn around with oil below US$50 a barrel from highs of well over US$100 less than two years ago.

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