Business

Calgary Tech Sector Posts Record $4.2 Billion in Revenue as AI Startups Lead the Charge

Calgary Tech Sector Posts Record $4.2 Billion in Revenue as AI Startups Lead the Charge
(File photo)

Calgary's technology sector shattered records in 2025, generating $4.2 billion in revenue driven by artificial intelligence startups and clean energy tech firms, according to new data from Calgary Economic Development.

The numbers represent a 34% increase over 2024 and cement Calgary's position as Western Canada's fastest-growing tech hub. More than 2,800 new tech jobs were created last year, with average salaries exceeding $95,000.

"We're seeing a fundamental shift in Calgary's economic identity," said Brad Parry, CEO of Calgary Economic Development. "The energy expertise that built this city is now being channeled into AI, machine learning, and clean technology."

Leading the charge are companies like Symend, Benevity, and a growing cluster of AI-focused startups in the East Village innovation district. Several have attracted significant venture capital from Toronto and Silicon Valley investors.

Local platforms like CalgaryFinder.com have also seen a surge in business directory listings from new tech companies, reflecting the ecosystem's rapid expansion.

The Alberta government's Innovation Employment Grant, which provides up to 20% of eligible R&D spending, has been credited as a key driver. Industry observers note that Calgary's lower cost of living compared to Vancouver and Toronto continues to attract talent.

"For every developer we recruit from the Bay Area, we save them 40% on housing costs alone," said Maria Fong, CTO of Calgary-based Attabotics. "That's a powerful recruiting tool."

WestNet News will continue to track Calgary's evolving tech landscape throughout 2026.

Share this story