Calgary’s technology landscape is experiencing unprecedented expansion, as evidenced by a recent report from CBRE Group revealing a remarkable 56 per cent growth in the sector, resulting in the creation of 28,900 new jobs. This surge is largely driven by the integration of technology within traditional industries such as energy, agriculture, and manufacturing, marking Calgary as a leader in North America for the percentage increase in tech employment.
A Thriving Ecosystem for Innovation
According to Jen Lussier, the CEO of Platform Calgary, a key player in fostering the local tech ecosystem, the city’s tech industry is flourishing through its connection to Alberta’s natural resources. “In Alberta and in Calgary specifically, there’s a lot of tech that’s based on our natural resources and traditional industries,” Lussier stated, highlighting the diverse sectors that are embracing technological advancements.
Platform Calgary, situated in the heart of the city, serves as a vital hub for entrepreneurs. It offers invaluable support, facilitating connections and providing resources to help startups thrive. “We like to say it takes a village to raise a startup,” Lussier added with a touch of humour, emphasising the collaborative spirit of the community. The organisation not only connects tech enthusiasts but also runs programmes designed to assist founders in product development, customer engagement, fundraising, and hiring.
Strategic Growth and Support
Lussier also pointed to the long-term strategies that have underpinned this success. “The Calgary Economic Development innovation strategy has been put in place, and over the next three years, Platform is the critical referral engine at the middle of that,” she explained. This strategy outlines collaborative nodes across various sectors, integrating technology into aerospace, energy, sports, and logistics. Such foundational policies are crucial for sustaining growth within the tech sector.
The demand for talent in Calgary’s tech industry extends beyond just programmers and developers. Nathan Day, head of sales and marketing at TCG Machines, noted that the company has doubled its workforce over the past six years, expanding from a modest beginning of one founder to a team of 40. “For the past six consecutive years, we have doubled in size,” Day remarked, as TCG Machines transitions from a cooperative workspace to a substantial 15,000 square-foot facility.
Bridging the Education Gap
Despite the impressive job growth, Calgary faces a challenge in its educational output. The CBRE report indicates that of the nearly 29,000 tech jobs created, only 3,660 graduates with relevant degrees emerged from local post-secondary institutions. However, Day remains optimistic about the city’s ability to attract talent. “Calgary has done an excellent job of leveraging what we already had, which was forward-thinking and ambitious people,” he commented, acknowledging the robust support from local and provincial authorities.
Day’s company has found its niche in the trading card industry, recently celebrating the milestone of sorting through one billion cards. “The proof is in the pudding,” he asserted, as TCG Machines expands its reach to 24 countries and operates over 500 units internationally. The success of their innovative solutions is testament to the dedication and hard work of the team, which Day believes is key to fostering a vibrant business community.
Why it Matters
The explosive growth of Calgary’s tech industry not only highlights the city’s adaptability and innovation but also signals a shifting economic landscape in Alberta. As traditional industries increasingly embrace technological integration, the region is poised for continued expansion. However, addressing the educational gap and ensuring a steady pipeline of skilled graduates will be essential for sustaining this momentum. The future of Calgary’s tech sector depends not just on job numbers, but on nurturing a talent pool equipped to drive innovation and support the diverse needs of this burgeoning field.