G7 summit to provide major economic boost to Calgary, report says

 

 

G7 summit to provide major economic boost to Calgary, report says.At the same time, city residents can expect some minor inconveniences during this period. Tight security has been imposed across the city due to the arrival of world leaders. Therefore, city residents may have to face some delays and restrictions, including in travel.

Calgary Mayor Jyoti Gondek said that all preparations are progressing for the more than 70 heads of government and international organizations, 2,000 delegates and 1,400 media members who are arriving for the summit. The mayor said that the streets and restaurants can be expected to be a little more crowded as more guests arrive. The mayor added that traffic will increase at the Calgary International Airport and roads, and that dignitaries and delegates will arrive over the weekend. The G7 summit is expected to generate $190 million in economic growth for the city and $240 million for Alberta, said Deborah Yedlin, president of the Calgary Chamber of Commerce. Up to 10,000 hotel bookings are expected to be directly related to the summit. The G7 summit is being held in Kananaskis, Alberta, from June 15 to 17.