Earlier this year, a report from national law firm Osler found Canada’s tech sector and financial markets in a tumultuous state, churning between post-pandemic recovery and an uncertain economy amid a backdrop of rising interest rates. But Osler also uncovered “impressive signs of growth, renewal, and resilience in the ecosystem” in Alberta, who saw the highest growth […]
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Empowering Alberta’s Future: Unveiling a Vision for a Decarbonized Electricity System by 2050
As the Government of Alberta commits to realizing a net-zero economy by 2050, the electricity system has emerged as the linchpin for achieving this ambitious goal. It is the first domino in a sequence of systemic transformations poised to drive decarbonization across all sectors. Social innovation leader The Energy Futures Lab today released Leading the Charge: A Vision for Alberta’s Electricity […]
Innovating Alberta Startups Secure Capital to Write Their Next Chapter of Growth
Last year, a report from national law firm Osler uncovered “impressive signs of growth, renewal, and resilience in the ecosystem” in Alberta. And CBRE’s 2023 Scoring Tech Talent report found that Calgary experienced a 61% growth in tech talent over five years—the second-highest rate in Canada next to Vancouver. There has “never been a more exciting time to be in […]
Calgary, Edmonton Grapple with Canada’s Highest Rates of Office Vacancy
Nearly 300,000 technology jobs have been created in Canada over the past six years, according to a report from CompTIA, with nearly 1.4 million tech workers now in Canada. At an impact north of $110 billion, the tech industry represents more than 5% of Canada’s overall economy. Showing off more signals of strength, Alberta boasts […]
The State of Alberta’s Technology Workforce in 2023
Nearly 300,000 technology jobs have been created in Canada over the past six years, according to a report from CompTIA, with more employment growth projected moving forward. Net tech employment cracked 1,350,000 workers in 2022, data from the nonprofit association for the information technology industry and workforce shows, with further expansion to come. Tech employment […]
Alberta to Cultivate More Cleantech Innovation Before Going Net Zero
Alberta is exercising caution—and warning the rest of Canada to do the same—as the high-momentum region transitions tactically toward a clean-energy economy. Under new leadership, the Province has launched a political campaign targeting the nation’s approach clean-tech. Called “Tell the Feds,” the campaign under Premier Danielle Smith opposes Ottawa’s proposed electricity regulations, which they claim […]
Edmonton, Calgary Tech Startups Rank Among Canada’s Fastest Growing Firms
The province of Alberta has signalled strength once again with a robust presence in an annual ranking of Canada’s fast-growing companies. The Globe & Mail’s 2023 Ranking Canada’s Fast-Growing Companies lists 11 companies based in Edmonton and 25 companies based in Calgary. “These 425 businesses—with anywhere from three employees to 9,000—represent a vast array of […]
Ontopical Raises $3.3 Million to Expand AI-Driven Government Contract Platform
Calgary’s Ontopical has secured a $3.3 million seed extension round co-led by Rhino Ventures and Graphite Ventures and supported by Accelerate Fund III. The round also incorporates a grant from Alberta Innovates. To date, Ontopical has raised over $6 million in funding. Ontopical’s AI-driven data and intelligence platform makes it possible for the private sector to detect early […]
FORM Innovates Construction Industry with PolarBlock Tech
Only about 1% of construction businesses in Alberta used AI last year. Regardless, construction innovation is booming in Alberta—through hustling startups orienting their tech around the space. Cofounded by Chloe Smith and Hogan Lee, real-time construction intelligence platform Mercator AI this year secured US$3.75 million in an oversubscribed seed round co-led by Freestyle Ventures and Builders VC. By mining […]
Alberta Unveils Major Investment into University Innovation, Research Excellence
Alberta is becoming one of the fastest growing and most innovative tech sectors in North America, according to Nate Glubish, Minister of Technology and Innovation. This trend has led to increased investments in the province, job creation, and talent retention across the sector, explains the Strathcona-Sherwood Park MLA. To help continue this success in tech, […]