Core Sectors
CORE SECTORS
Agri-Culture
Known for its abundant sunshine and rich agricultural history, Alberta has become a thriving hub for sustainable food production and environmental stewardship..Alberta’s agricultural sector is foundational to the province’s economy — contributing $10.2 billion in GDP in 2022 and employing 69,000 Albertans. The province offers high-quality primary products and is the third largest exporter of agri-food products in Canada.
Manufacturing
In 2021, 5% of Alberta's workforce was in the manufacturing sector, contributing $23.4B (8%) to the GDP. The sector, comprising subsectors like food and metal manufacturing, machinery, and wood products, is growing due to government investments. However, it faces challenges from supply chain disruptions, pricing fluctuations, and labour shortages due to retirements.
Financial Services
Alberta embraces digital transformation and is changing the way finance works. The concentration of capital-intensive industries has created strong demand for a robust, innovative financial services sector. As a result, the province has developed world-class expertise in niche sectors such as asset management, trading, mergers and acquisition, corporate banking and equity issuance.
Agri-Tech
More than 3,000 technology companies dot Alberta’s cities as the province transforms traditional industries and leads emerging innovations.Alberta offers the ideal environment to launch or scale a tech company. A young, diverse and educated workforce, great quality of life and a cohesive ecosystem provide businesses with a solid foundation for success. Alberta’s spending on digital transformation (DX) is set to surpass $20B between 2021-2024, a forecast of 13% year over year growth.