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Alberta’s innovation minister wants province to be a “dominant player” in Canadian tech
Alberta’s minister of innovation wants to make the province’s tech sector a dominant player in the Canadian innovation arena, and he believes the ecosystem has the chops to make that happen.
“We want to become a dominant player in the whole innovation space in Canada.”
In an interview with BetaKit, Doug Schweitzer, Alberta’s minister of jobs, economy, and innovation, spoke about how the province’s tech sector has matured in recent years. His comments follow a report recently released by Alberta Enterprise Corporation, which found that the Alberta tech ecosystem is showing signs of momentum.
Author of the article: Doug Schweitzer
Publishing date: Mar 01, 2021 • March 1, 2021 • 3 minute read • With the high downtown office vacancy rate in Calgary, For Lease signs are frequently seen on office buildings. Doug Schweitzer, Alberta s minister of jobs. economy and innovation, says the government is forming a working group and will lead townhalls on revitalizing downtown Calgary. Photo by Azin Ghaffari/Postmedia
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The University of Calgary’s School of Public Policy recently published a research study that said that Calgary’s downtown was experiencing a “vacancy crisis.” For those of us who call Calgary our home, this does not come as a surprise.
Budget 2021: Preparing for recovery | Budget 2021 : Préparer la relance
Budget 2021 prepares Alberta for a strong economic recovery with investments to diversify the post-pandemic economy.
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Budget 2021 invests $1.5 billion in Alberta’s Recovery Plan, building on the province’s existing strengths in energy, agriculture and forestry while encouraging diversification in emerging sectors like technology and innovation, and pharmaceuticals and life sciences.
It also sets aside $500 million in contingency in 2021-22 to assist with economic recovery and invests $20.7 billion in infrastructure spending that will support 90,000 jobs over the next three years.
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The technology industry in Alberta has grown significantly in
the past decade and is increasingly becoming an important part of
Alberta s economic future. Alberta has become a destination for
international technology companies looking to expand into the
Canadian market and a world leader in machine learning research and
development, innovative geomatics technologies and interactive
digital media. Between 2009 and 2020, the number of tech companies
in Alberta increased by 87%.
In particular, Calgary s tech industry is flourishing.
In addition to having the highest concentration of high-tech
workers in Canada, Calgary companies file more patents per capita