Future Growth Prospects
Alberta's Technology and Innovation Sector
Services Heading
Current State (2024)
Key Statistics
- Tech sector GDP contribution: $15.4 billion
- Annual growth rate: 7.3%
- Tech companies: 3,400+
- Tech workforce: 68,000+
Growth Drivers
Artificial Intelligence & Machine Learning
- Alberta Machine Intelligence Institute (Amii)
- $100M in AI research funding
- 200+ AI companies
Clean Technology
- Carbon capture innovation
- Renewable energy tech
- $176M Clean Technology Development Program
Digital Healthcare
- Digital Health Innovation Hub
- Healthcare technology accelerator programs
- $45M digital health transformation initiative
Innovation Hubs
Edmonton Innovation Corridor
- Downtown Innovation District
- Tech accelerators
- Startup incubators
- Research facilities
Innovation Hubs
University of Alberta Research Park
- Advanced technology center
- Bio-processing facilities
- Computer science research hub
Strategic Sectors
Quantum Computing
- Quantum City initiative
- $23M quantum research funding
- Industry partnerships
Fintech
- Blockchain development
- Digital banking solutions
- Cryptocurrency infrastructure
Agtech
- Smart farming solutions
- Precision agriculture
- Vertical farming technology
Infrastructure Support
Digital Infrastructure
- Supercomputing facilities
- High-speed internet expansion
- 5G network development
Physical Infrastructure
- Innovation spaces
- Tech parks
- Research facilities
“Alberta is becoming Canada’s next major tech hub, with Edmonton leading in AI and machine learning research.”
Doug Schweitzer
Former Minister of Jobs, Economy and Innovation