Alberta invests in innovation to fuel the future
7 Mar 2019
Regional, Provincial
GOVERNMENT OF ALBERTA The Alberta government is investing $100 million to attract more artificial intelligence-based high-tech companies to invest in Alberta. Coupled with last year’s investment of $50 million to create 3,000 new high-tech training seats at post-secondary institutions across the province, this represents a significant diversification initiative.
The overall investment is estimated to result in:
- more than 6,000 trained, skilled Albertans
- the creation of over 140 new companies
- over 30 new multi-national offices, labs in Alberta
- over $207 million in leveraged investments by industry
- increased competitiveness and productivity of at least 150 Alberta businesses through the use of artificial intelligence (AI)
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