As the third largest city in Alberta, Calgary has a very unique history. It is a bustling metropolis that is known as the Stampede City for many years, an annual 10-day rodeo, exhibition, and festival held in July that attracts more than a million visitors each year.
The reason Calgary is able to boast this impressive history is because of the number of businesses in Calgary that are able to keep up with the dynamic and ever-changing global economy. In fact, when doing business in Calgary, you will find that there are endless opportunities for you.
Calgary for Businesses
Calgary is becoming one of the most viable options for investors and companies. The city has one of the best infrastructures in all of western Canada. Calgary’s airport has the second-busiest airport in the western hemisphere, allowing Calgary to attract more international flights and shipments from foreign companies. This influx of goods and services allows Calgary to provide much better service than other cities in western Canada. In addition, because of the growing importance of the information and technology sector in the global economy, Calgary has become home to the largest number of IT companies in Canada and the sixth-largest infrastructural investment in all of western Canada.
In fact, even as the economy of Canada continues on its slow and steady growth, business in Calgary is continuing to boom. The city’s real estate market continues to see tremendous growth, allowing businesses the opportunity to buy prime property at bargain prices and turn those properties into a profit-making business today. Calgary’s stable, low unemployment rate and mild climate continue to attract new businesses to the city and keep existing businesses within the city afloat.
The third quarter of 2021 saw a 20% increase in business and travel spending in Calgary. As businesses see the opportunities Calgary provides, they will continue to move here and set up shop. With Calgary’s strong economy and attractive, hospitable local and international community, more people are visiting Calgary and setting up shop here than ever before. Calgary Economic Development doesn’t just want you to visit Calgary – they look forward to you setting up shop!