The key to Winnipeg's recovery is immigration.
"When Americans think of Winnipeg, they think of white guys wearing earmuffs in July, speaking with the kind of Canadian accents typically ridiculed on American sitcoms. When Canadians from outside of Manitoba think of Winnipeg, they think of a former industrial city that is hardly a draw to the much sought after "creative class" even though the city has the nation's lowest housing cost. What no one from outside the city associates with Winnipeg is immigration.
Winnipeg's immigration success is not well known outside of the province, but it is hard to dispute the facts. Smart immigration policies have helped Winnipeg stabilize its population and reverse the city's decline."