Alberta’s economy has momentum, and the government is focused on attracting investment to build the most diversified economy Alberta has ever had. Calgary Economic Development and Edmonton Global both have proven track records of sparking investment through economic development programs. This funding will enable them to strengthen and create new programs supporting trade missions, talent recruitment/retention initiatives and ecosystem/data mapping designed to increase investment in Alberta.
“We are continuing to find new ways to show businesses that our province has the most investment-friendly environment in Canada. New investors create jobs, spend capital, strengthen and diversify our economy. Both Edmonton Global and Calgary Economic Development are instrumental in attracting new investment to Alberta.”
Each organization will receive a $1.4-million strategic grant to help it continue to promote Alberta as the best place in North America for businesses to grow and succeed.
“This support will help accelerate our mandate to position Calgary, and Alberta, as a destination of choice for trade and investment. Driving momentum through economic diversification, workforce development and innovation will continue to be at the forefront in building a future-proof and sustainable economy for all.”
“This provincial funding will make a significant difference in attracting investment into Alberta. The Edmonton Metropolitan Region is globally competitive in so much of what the world needs: hydrogen, AI, life sciences, agriculture and global logistics. One of the region’s, and Alberta’s, biggest challenges is awareness of what’s possible here in international markets. This funding will help us build capacity, reach global investors and help us build both our trade and talent programs. It’s a huge difference-maker for our region and all of Alberta.”
With the province’s continued focus on attracting investment, Alberta continues to be the economic engine of Canada. The government’s commitment to low taxes and reducing red tape has created one of the friendliest environments for business, investment and jobs in North America.
Budget 2023 secures Alberta’s future by transforming the health-care system to meet people’s needs, supporting Albertans with the high cost of living, keeping our communities safe and driving the economy with more jobs, quality education and continued diversification.
Media Contact:
Garrett Kohler
780-554-5777
Press Secretary, Trade, Immigration and Multiculturalism
