Mostly yes — with two real caveats that nobody selling you a house will mention up front.
Newcomers brace for cold and are usually fine with it — the cold here is dry and manageable. What catches people is the length and the darkness. Sunset in December is mid-afternoon, and February is a genuinely difficult month for a lot of people in their first year. Chinooks help; they are also disorienting, arriving as a twenty-degree swing over a day.
Calgary is far more diversified than its reputation — technology, logistics, agriculture, film and healthcare are all substantial employers now. But energy still influences the broader mood, hiring and, historically, the housing market. Anyone arriving should understand that this city has had real downturns, not just soft patches.
We have sold here through several of those cycles. The people who did well were the ones who bought something they could carry if their household income dropped for a year — not the ones who bought the maximum a lender approved.
It is one of the more straightforward Canadian cities to raise children in, mostly for unglamorous reasons: you can afford a house with a yard on a normal income, the commute leaves you time, and the school system offers real choice through the public and Catholic boards plus a large independent sector. Communities are built with schools, parks and pathways designed in.
The trade-off is that most family-suited communities are suburban. If walkable inner-city living with children is your priority, that exists here but the housing costs more and there is less of it.