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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