Source: CTV News, September 19, 2018
If Calgary wins a bid to host the 2026 Winter Olympics, the event could help solve one of Alberta’s most pressing housing problems.
Canmore, a town nestled in the Rocky Mountains about 100 kilometres west of Calgary, is the most expensive place to live in Alberta. The average price of a house is just under $700,000, and rent for a one-bedroom unit starts at around $1,000 per month, not including utilities.
The picturesque community, dotted with restaurants and cafes, is a popular stop for tourists. But for many of those earning minimum wage in the service industry, the only affordable home is a trailer.
Image Source: CTV News