The Economic Strategy for Calgary is our guide to be the city we envision through the fundamentals of prosperity: People, Place, Innovation, and Business Environment. The 2026 Games would inject billions into the economy and propel efforts to promote Calgary and achieve ambitious goals for business growth for more than a decade. Done right, they would revitalize our city in important and lasting ways.

Calgary is home to companies doing game-changing things and it’s time to re-establish this city on the global stage.

In a world where cities aggressively compete to attract new business and investment, it would be hard to find a stage that could elevate global awareness of Calgary and how our industries are working hard to make a better world, to rival the 2026 Olympic and Paralympic Games

There’s no single silver bullet to resolve our economic challenges, but the Games can create a decade of opportunities for business. Calgary has been celebrated as an “Olympic City” since 1988, but it’s been a centre for business and a beacon that has drawn entrepreneurs for more than a century. In some ways, the business environment is the environment in Calgary.

Calgary is home to more corporate head offices and millionaires per capita than any city in Canada. We are a cost-effective, low-tax, globally-connected city with a well-educated workforce and the Economic Strategy intends for us to be the most business-friendly city in Canada.

Improving the ease of conducting business is a priority for City Hall.

Unprecedented technological advances at head-turning speed is disrupting the economy, but it's also creating opportunities. Calgary is working to be a leading “living lab” where companies can pilot new technologies such as drones or driverless vehicles.

An efficient business environment does enhance competitiveness and attracts investment. However, it’s the long-established culture of innovation and entrepreneurial mindset that set Calgary apart more than anything else.

Canada has a trade-oriented economy and global connections are critical. Calgary could help propel the entire country forward by hosting the world in 2026. For example, Calgary 2026 established healthy and active living as part of its hosting plan and its food strategy is a chance to showcase the innovative, safe products coming from our agribusiness sector.

Leading companies supporting a Calgary2026 bid include Husky Energy, Canadian Natural Resources and others.

Connecting to the world is one of the major opportunities to benefit local companies from the Games and Calgary Economic Development has successfully rolled out Canada’s Trade Accelerator Program to help local firms establish themselves in key markets globally.

The logic of hosting a global event if you want to be a globally significant city resonates with Terry Rock, CEO of Calgary Technologies Inc. a business accelerator focused on innovation driven ventures.

“If you want to be a global centre for startups that inspires the entrepreneurs and innovative thinkers in your city, one thing to do is invite the world to your city for more than a decade,” says Rock. “This is an opportunity for Calgary to step up and connect our entrepreneurs and innovators to the world.”

Hosting the Games will help us achieve many long-standing goals for Calgary and supporting economic development would provide an enduring post-Games legacy. The Economic Strategy does endorse us coming together as a community and maintains “we have a shared ownership in decision making and implementation initiatives.”

Everyone is encouraged to vote November 13.

Discussion

Stay in the know…
on the latest economic news, industry trends and research.
mail envelop iconSubscribe
×
back to top subscribe