Explore what shaped Calgary's economy in 2023, plus three key takeaways for the future of aerospace in Calgary.
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Calgary Economic Development

May 23, 2024 | Subscribe to our newsletter

Calgary Economic Development 2023 Annual Report

Calgary Economic Development 2023 Annual Report

As the economic development agency for the City of Calgary, Calgary Economic Development attracts, expands and retains companies, capital and talent for the city.

2023 highlights include:

➡️ Creating or retaining more than 7,000 jobs and attracting more than $734 million in investment.
➡️ Honing Calgary’s talent by attracting in-demand workers and developing the skills and experience of our current workforce.
➡️ Telling Calgary’s story and maintaining a favourable view of our city among business leaders and workers.

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Opportunity Calgary Investment Fund 2023 Annual Report

Opportunity Calgary Investment Fund 2023 Annual Report

Opportunity Calgary Investment Fund (OCIF) is a vital tool helping shape Calgary’s economic future. By the end of 2023, OCIF has found 26 opportunities - fueling them with $82 million in total funds committed and $37 million disbursed based on milestone achievements.

 

These opportunities have generated significant economic benefits for Calgary, including:
➡️ 3,315 jobs created or retained
➡️ 629 companies created or scaled
➡️ $870 million in economic activity – nearly 11x the return on funds committed

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Three key takeaways for the future of aerospace in Calgary

Three key takeaways for the future of aerospace in Calgary

What does the future of aerospace look like in Calgary? Check out these three key takeaways from our recent New Economy LIVE event, or dive deeper in our newsroom.

  1. Trends expected to influence the future of aerospace include AI, advanced engineering and manufacturing, decarbonization, commercialization of space, robotics and more.
  2. The Aerospace Innovation Hub will boost the growth of aerospace in Calgary, helping innovators access funding, business support and the ability to test their technologies.
  3. Talent, companies and capital recognize the opportunities in Calgary’s aerospace sector, thanks to collaboration between industry and post-secondary institutions. 
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What's happening in Calgary

📅 May 29-31 | Inventures 2024

📰 Calgary population surges by staggering 6%, Edmonton by 4.2% in latest StatsCan estimates | CBC Calgary

📰 Game changer: Bow Valley College Esports arena poised to redefine gaming landscape | Global News

Shareworthy moments

The Opportunity Calgary Investment Fund finds, fuels and fosters opportunities with the potential to diversify Calgary’s economic future! Watch our video to learn how OCIF plays a vital role in shaping a resilient and diverse economy for all Calgarians.

OCIF video

GROWING OUR COMMUNITY

Team Calgary

Join Team Calgary, our corporate partnership program, and help shape Calgary's future.

Learn more

Calgary Economic Development is a conduit, connector, catalyst and

storyteller for the city of Calgary. 

 

We acknowledge that we live, work and play on the traditional territories of the Blackfoot Confederacy (Siksika, Kainai, Piikani), the Tsuut'ina, the îethka Nakoda Nations, the Otipemisiwak Métis Government (Districts 5 and 6) and all people who make their homes in the Treaty 7 region of southern Alberta.

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2600, 237 4 Avenue SW | Calgary, Alberta | T2P 4K3

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