The town’s population of 4,845[5] swells in the summer months with visitors from elsewhere in British Columbia and neighboring Alberta, as well as elsewhere in Canada. Also, a newer contingent of international visitors[citation needed] is supported by proximity to the Kelowna and Penticton Airports. A growing year-round retiree population is evidenced by the predominance in the population of people over 50 years old[6] and with the recent boom of condominium and suburban development (though somewhat thwarted by the 2008–09 economic downturn).