Calgary’s Tech Sector Soars with 56% Growth, Adding Nearly 29,000 Jobs

Marcus Wong, Economy & Markets Analyst (Toronto)
4 Min Read
⏱️ 3 min read

Calgary’s technology landscape is experiencing a remarkable surge, as evidenced by a recent report from the CBRE Group revealing a striking 56 per cent growth in the sector. This expansion has resulted in the creation of 28,900 new jobs, a figure that positions Calgary at the forefront of tech job growth across North America. Jen Lussier, CEO of Platform Calgary, attributes this success to the innovative integration of technology within traditional industries such as energy, agriculture, and manufacturing.

A Thriving Hub for Innovation

Located in the heart of downtown Calgary, Platform Calgary has emerged as a pivotal resource for entrepreneurs navigating this booming tech environment. The organisation focuses on fostering connections and providing essential support for emerging businesses. Lussier highlights the collaborative spirit of the local community, stating, “We like to say it takes a village to raise a startup.”

The platform offers targeted programming designed to assist founders in various aspects of their business, from product development to customer engagement and fundraising. This holistic approach has been instrumental in nurturing the tech ecosystem within the city.

Strategic Foundations for Growth

The impressive growth of Calgary’s tech sector is no accident. Lussier points to the Calgary Economic Development innovation strategy, which has been implemented to create a sustainable framework for the industry. “Over the next three years, Platform is the critical referral engine at the middle of that,” she explained. This strategy includes sector-specific nodes that illustrate how technology is interwoven with various industries, including aerospace, energy, sports, and logistics.

While tech jobs are often viewed as roles primarily for programmers and developers, the demand extends far beyond coding, encompassing positions in sales, human resources, and logistics. Nathan Day, head of sales and marketing at TCG Machines, reflects on his company’s rapid growth, stating, “For the past six consecutive years, we have doubled in size.” From a modest team of one to a robust workforce of 40, TCG Machines exemplifies the potential for success within Calgary’s tech landscape.

Success Stories and Challenges Ahead

TCG Machines, which has carved out a niche in the trading card industry, recently relocated to a spacious 15,000 square-foot facility after sorting through an astounding billion cards. Day proudly notes, “We’re now in 24 countries, we have just over 500 units out in the field; this is making a real impact for people.” The company’s focus on delivering value to trading card businesses exemplifies the broader benefits of Calgary’s tech expansion.

Despite the burgeoning job market, a significant challenge remains: the local education system has produced only 3,660 graduates with tech-related degrees to meet the soaring demand. However, Day remains optimistic about attracting talent to the city. He asserts that Calgary’s existing pool of forward-thinking, ambitious individuals will continue to draw interest from prospective tech professionals. “We’re seeing so much support both from Calgary and the province, and on a federal level,” he said.

Why it Matters

Calgary’s tech industry is not just a local phenomenon; it reflects a broader trend of innovation and economic diversification in Canada. The city’s ability to integrate technology with traditional sectors positions it as a model for other regions seeking similar growth. As Calgary continues to expand its tech workforce, the implications extend beyond job creation, fostering a culture of innovation that could have lasting effects on the local economy and beyond. With supportive policies and an engaged community, Calgary is setting the stage for a sustainable and prosperous tech future.

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