A new market outlook predicts downtown Calgary will drop below a 30 per cent vacancy rate, fuelling optimism that better days are ahead for the energy capital of Canada.
It's unclear how much of Calgary's budget wishlist will be fulfilled after Premier Danielle Smith signaled spending restraint in the upcoming provincial budget.
The 112-year-old Grand Theatre in downtown Calgary might have to close its doors after negotiations failed to reduce the rent or find a new business model.