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Revitalizing Downtown in Small and Mid-Sized Cities
"[S]maller cities across Canada are investing millions to kick-start growth and bring foot traffic and entrepreneurs like Mr. Christian back to their downtown cores.
But revitalizing a tired downtown is an uphill battle that requires more than money – it takes time, strategic vision, a diversity of businesses and a realization that competing head-to-head with the likes of Wal-Mart is a non-starter."
Much of the effort starts with realizing that traditional downtown retail is dead, according to experts.