Situated at the foothills of the Canadian Rockies, Calgary - known as the Blue Sky City - is home to over 1.6 million residents, making it Canada’s fourth largest city and one of the fastest growing cities in the country. Its economy thrives on the Fintech, Cleantech, and Agtech sectors while also emerging as a key hub for Aerospace.
Calgary's tech employment grew 78% from 2018-2023, making it the fastest tech job growth in North America.
In October 2024, Calgary opened the Wave Tech Centre to foster technological innovation and enhance public services. The facility provides city teams with a dedicated space to explore and implement emerging technologies, improving service delivery and efficiency for residents.
The Opportunity Calgary Investment Fund (OCIF) allocated $3.9 million to the Aerospace Innovation Hub, aiming to scale the sector by supporting 180 companies and creating 150 jobs by 2028. Additionally, OCIF launched the OCIF Express Initiative, which streamlines funding access for Calgary businesses, offering two streams — job creation and talent development — and fast-tracks resource allocation to support economic growth in several business sectors.
Calgary’s Aerospace sector is getting a major boost with Lufthansa Technik’s headquarters (LTH) being established at Calgary’s airport. LHT's maintenance facility will test next-gen engines and alternative fuels, creating 120 skilled jobs and a Test Cell Facility to advance sustainable aviation technology.
In March 2025, Calgary teamed up with Switzerland's QAI Ventures to launch its first quantum technology accelerator, establishing the city as a hub for quantum innovation.
