Lethbridge Cycle

The Economic insights into Seven Canadian Mid-sized Cities and the Lethbridge Herald that summarizes the report are all referring to a boom and bust cycle and how different sectors are impacted by it. The main bust (recession) referenced in this article would be the decline in oil prices as it has affected Albertans significantly. Intensive agriculture, “high inputs of labour, capital, fertilizer and seed per unit of land”, saved Lethbridge from feeling the recession to the same extent as Red Deer for example making it a unique Alberta city (Hayter & Patchell, Economic Geography, p. 216). This essay will look at the trends of three mid-sized cities, Lethbridge, Red Deer and Medicine Hat, in comparison to both Canada and Alberta and see the

Lethbridge has not been affected nearly as much as other cities with the decrease of oil prices because of their reliance in agriculture and even more have been doing very well as a result of the increase in beef prices with the large amount of feedlots surrounding Lethbridge. This makes Lethbridge very unique. Lethbridge is uncommon to the other cities with the research center that is town, meaning the presence of the provincial government, as well as the university and college, creating a strong public sector (Villeneuve, 2015). The article provides a clear summary of the Economic insights into Seven Canadian Mid-sized Cities, the only thing to be adjusted would be the inclusion of a table with the stats Villeneuve uses in order to make the numbers more relevant and have a more significant

In some scenarios it may be a rounding issue, for example in 2009-2010 Table 1 shows 1.94% whereas the report states 2.0%. But in some situations that seems unlikely as the difference is too variant. The population in Red Deer for 2009 and 2010 was the exact same (89,000) as the report states and therefore the annual percent change would be zero, and yet the report states it should be 1.9%. A significant difference between Table 1s results and the report occurs in every area except Canada and therefore indicating there is an error in either the population or the population percentage in the