Alberta’s ‘absolutely bonkers’ tech boom reason for economic optimism
After years of economic uncertainty and calls for diversification, one sector in Alberta is going against the grain.
New offices and hubs are popping up around both Calgary and Edmonton as the technology industry experiences dramatic growth.
The province is now home to 3,083 tech companies, according to a study done by the Alberta Enterprise Corporation (AEC). That’s compared to just 1,238 companies in 2018.
Those involved say it’s pretty easy to sum up.
“It is booming,” said Zack Storms of Startup TNT. “It is really booming.”
Storms organizes investment summits, including a massive Alberta pitch marathon held this week.
He told CTV News there are thousands of people waiting to get into the provincial market.
“(This is) an all day showcase of Alberta startups,” Storms said. “We’ve got 106 startups and we’ve got nine straight hours of…