Key Market Facts

Labour Market

• Lowest 5 year (2005-2009) average unemployment rate @ 4.1%
• Forecasted to be the location for well over 1/3 of all new jobs in Alberta
• Despite the recession, Calgary is still in the lowest 10 major Canadian centres for unemployment rates
• Forecasted to require approximately 90,000 new jobs over the next five years and 158,000 in the next 10 years - highest of any economic region in Canada
• Forecasted to be the location for well over 1/3 of all new jobs in Alberta
• Despite the recession, Calgary is still in the lowest 10 major Canadian centres for unemployment rates

Financial Services

• Calgary's finance and business industry is experiencing huge growth with 16,100 new jobs created over the past ten years (1999-2008), an increase of 47.5%

Transportation

• The North American Hub for the Pacific Northwest by road, rail and air

Technology

• Over half of Alberta's fastest growing companies are in the Information and Communication Technology (ICT) sector. This growth has been felt in the Calgary Region; as well, Calgary is home to the largest number of technology start ups per capita in Canada