Quote:
Originally Posted by MalcolmTucker
There is no real cost savings to be made by locating a headquarters in Edmonton versus Calgary. It is hard for a company to stay away from the cluster economies, which is why you see companies brand new to Alberta with no operations nearer to Calgary than Edmonton setting up shop in Edmonton.
It is hard to reverse that without a big cost advantage.
|
Well Edmonton does have it's own business cluster, I wouldn't count it out yet. It would only take a couple of big wins to level the playing field and make it anyone's game. If corporate competition gets too intense in Calgary there could be real cost savings in attracting Edmonton-based talent as well with a headquarters.