The growth of Calgary's tech sector is creating a resilient, stable, multi-industry economy.
Calgary’s technology industry helps broaden the city’s revenue streams, providing added economic stability amidst global geopolitical uncertainty. Tech is deeply integrated into Calgary’s economy in existing and emerging industries, delivering opportunities for growth, transformation, and diversification. Through technology adoption, the industry bolsters the competitiveness of existing industries like energy, aerospace, agriculture, and life sciences.
Economic diversification: Alberta’s tech sector is a significant contributor to the province’s GDP, adding $11.3 billion to the economy in 2024 1. Between 2021 and 2024, tech employment grew by over 60% in Calgary, with the addition of 24,500 jobs attributable to the industry 2.
The visible growth of the tech sector over the last few years has allowed Calgary to grow into one of Canada’s top innovation hubs 3.
“Alberta has cycles of boom and bust. But in really bad times, we have to figure out how to move ahead. However, this speaks to the entrepreneurial spirit here in Calgary. We understand the need to support innovation.”
– Guy Levesque, Hunter Hub for Entrepreneurial Thinking at the University of Calgary
1 Calgary Economic Development: Calgary Technology Sector
2 Calgary Economic Development: Calgary tops North America in tech job growth
3 Calgary Economic Development: Calgary’s Innovation Strategy