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Hyderabad, one of world's best cities for innovation

May 28, 2008

Calgary

Oil and gas, with assists from finance and tech, have made this Canadian city the No. 1 boomtown in North America. Boutique hotels and trendy eateries are becoming as ubiquitous as Western-style saloons, and construction recently began on architect Norman Foster's building, the Bow. The downside of the boom: a labor shortage so severe that even fast-food workers can demand $15 per hour.

Image: General view of the Pengrowth Saddledome and the Calgary skyline. | Photograph: Dale MacMillan/Getty Images

Also read: Global City of the Year: London
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