Our economy

Calgary is known for its entrepreneurial spirit, risk-taking and blue-sky thinking. These traits power a diversified economy in which key sectors are growing and shaping the future.

  • TALENT

    #1

    Fastest-growing tech hub in North America

    CBRE Tech Talent Report, 2025

  • INNOVATION

    $6.7B

    Value of Calgary’s startup ecosystem

    Startup Genome, 2025

  • BUSINESS ENVIRONMENT

    Lowest

    Corporate income tax rate in Canada

  • AFFORDABILITY

    Lowest

    Cost of living of the top Canadian cities

    Mercer Cost of Living Index, 2024

  • BUSINESS ENVIRONMENT

    Highest

    Per capita head office concentration in Canada

    FP500 Database, 2024

  • INNOVATION

    #4

    Nationally for number of venture capital deals in 2024

    CVCA Venture Capital, 2024

Calgary’s economic opportunities

Calgary makes it easier to build and grow a business. Entrepreneurs and decision-makers benefit from fundamental advantages, including our:

  • Growing and skilled labour force
  • High employment participation rate
  • Low taxes
  • Key industries
Explore Calgary’s economy
Red locomotives pulling freight cars in train yard with city skyline in background. Red locomotives pulling freight cars in train yard with city skyline in background.
Low-angle view of tall buildings with construction crane and sunburst effect

Calgary’s economic strategy

Read Uplook, the action plan guiding Calgary’s progress toward a resilient and diverse economy.

Chef plating colorful dish with sauce while another works near stove.

Indigenous Economic Contribution

The Indigenous economy is essential to the growth of Calgary and the Treaty 7 region.

Calgary demographics

Calgary is Canada’s fourth largest city. We’re home to around 1.8 million residents, and we’re still growing. Ambitious people from Canada and around the world are moving to the city to take advantage of business opportunities in one of the most livable cities in the world.

Explore population and talent
Person walking on suspension bridge with tall buildings in background. Person walking on suspension bridge with tall buildings in background.

Invest in Calgary

Turn your bright idea into a billion-dollar business. With our high-concentration of tech workers, young and diverse population and low taxes, Calgary is a place that rewards investment.

Explore investment opportunities
Low-angle view of Calgary Tower with banners and reflective glass panels. Low-angle view of Calgary Tower with banners and reflective glass panels.

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