Quote:
Originally Posted by Cage
I'm looking at what is happening in the job market today. Diamond company came to town (relocation from TO) six months ago and is now setting up shop. First round of back office management hires (HR, Accounting, Admin, Support) have been from Vancouver or Toronto, no one from Calgary. Why? All the job positions have 5-15 years mining and/or diamond experience, plus the executives did not know anyone in Calgary. The hiring from TO included accountants who were not transferring internally, but rather were external hires willing to relocate to Calgary.
Second example is the Canada infrastructure bank. Reading the federal govt pressers and other information, it appears the selection of TO was entirely based on the executive pool being recruited into the new venture. Both the Canadian and international executives wanted to live in TO and no where else in Canada. If Calgary was the best place for the infrastructure bank based on a basket of factors; there still would have been few Calgarians brought into the operation.
As I said to the Mayor on a radio call in show; the economy can diversify but the people can't because the new employer wants extensive industry experience in their hiring decisions.
The challenge for Calgary Economic Development, Provincial government, and others is to focus on a few related industries to the exception of all others. The related industries must have a willingness to hiring based on complementary skills or come from an industry classification that is all ready present in Calgary (like agribusiness and logistics).
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It is a win still. More people mean more tax base, more services and products sold here, and more housing sales.
My point about starting "somewhere" remains valid no matter how you cut it. This could grow.
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