• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Tech Talent Canada

 
 
 
  • News
  • Interviews
  • Thought Leadership
  • Upskilling
  • Tech Cities
    • Toronto, ON
    • Calgary, AB
    • Vancouver, BC
    • Kitchener-Waterloo, ON
    • Ottawa, ON
    • Montreal, QC
    • Victoria, BC
    • Halifax, NS
    • St. John’s, NL
    • London, ON
    • Winnipeg, MB
    • Edmonton, AB
  • Job Fairs
    • In-person Job Fairs
    • Virtual Job Fairs
  • Job Board
  • Tech Champions
  • About
    • Contact

A Province Poised for Success: Report Analyzes Alberta’s Post-COVID Tech Economy

July 6, 2022 by Knowlton Thomas

In Alberta and across Canada, the economic and labour market impact of the COVID-19 pandemic was felt unevenly across sectors, suggests a new report from the Information and Communications Technology Council of Canada.

Although the digital economy was not completely spared of disruption, by early summer 2020, tech employment and output “almost immediately began an upward trajectory,” the report—titled A Resilient Recovery: Alberta’s Digital-Led Post-COVID Future—shows.

Despite a “notable impact” of the pandemic on Alberta’s economy, the province’s digital economy “remained resilient and thrived.” From February 2020 to May 2022, participation in Alberta’s digital economy grew by nearly 18%, according to the report, and employed an additional 30,000 Albertans. This was well ahead of overall economy growth.

In-demand jobs that experienced this growth included software-related roles; data-related roles; design-related roles; and other roles such as operations and business, the report says.

Data visuals in the report show tech outperforming the overall economy through the Pandemic.

There are now more than 2,800 technology companies in Alberta as of last year, according to research from PwC. This is a massive increase from 2016, when just 1,500 were counted.

In the first quarter of 2022, Alberta experienced its highest quarterly investment on record, according to data from the Canadian Venture Capital Association. Through Q1, more than two dozen companies—half of which were in the technology sector—raised a combined $466 million.

Overall, Alberta looks strongly positioned moving forward, with Calgary and Edmonton leading the way as tech hubs for the province.

Major technology companies, such as Telus, are making generational investments in the province, creating thousands of new jobs.

“We are supporting the social and economic vibrancy of Albertans and ensuring that every member of our society has access to the technology that yields the opportunity to realize their full potential,” CEO Darren Entwistle said.

“This significant investment by Telus in our community further connects citizens to the tools they need to thrive, and will create more well-paying jobs for Calgarians,” Calgary Mayor Jyoti Gondek added.

IBM is another example of tech expanding in Alberta. The company recently announced the creation of a Client Innovation Centre for Western Canada based in Calgary, creating well over 200 jobs.

“The new IBM Client Innovation Centre will play an important role in contributing to Alberta’s economic growth through job creation,” said Dave McCann, president of IBM Canada. “It will accelerate innovation in sustainable practices and advance the position of Alberta as a hub for energy transformation.”

And of course who can ignore Rogers’ plans for a National Centre of Technology and Engineering Excellence in Calgary, which includes hiring for hundreds of roles.

Find your next job in Alberta by perusing the Tech Talent Canada Job Board or attending a national virtual Job Fair.

Filed Under: News Tagged With: IBM, ICTC, Rogers Communications, TELUS

 
 
 

Primary Sidebar

 
 
 

Stay Connected

  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • Twitter

Tech Champions

Latest Posts

Cloud Security Leader Wiz Expands to Canada with Montreal Data Centre

Wiz is a digital infrastructure security platform that helps businesses to … READ FULL ARTICLE about Cloud Security Leader Wiz Expands to Canada with Montreal Data Centre

  • Ericsson To Establish Quantum Research Hub In Montreal
  • Q+A with Wipro Canada CEO on Accelerating a Move to the Cloud
  • Will Skills-Based Hiring Become the New Gold Standard in Canada?

Copyright © 2023 Incubate Ventures

Privacy Policy