Calgary Economic Development is hoping to attract 70 businesses to set up headquarters in the city.
The organization is applauding the province’s decision to give them $2-million over the next two years to help advertise and attract investment opportunities.
President and CEO Mary Moran says we have a lot to offer in Calgary, even in the midst of a recession.
“Economical office space, great talent, quality of life, low taxes, cost of doing business, cost of living, higher education,” Moran told reporters Tuesday afternoon. “So there’s no reason for us not to go in and incentivize people to come here.”
“That’s a short game. It’s not a long game and we need a long game here.”
Moran says agri-business, financial services, tourism, creative industries and clean energy technology are huge opportunities for downtown Calgary.
Economic Development Minister Deron Bilous echoes those sentiments, believing Calgary has a lot to offer still.
“Like Calgary having the lowest commercial property tax when compared to major centres,” Bilous said. “Calgary has strong infrastructure for advancing international trade and business. Calgary also has daily international flights to Asia, which provide access to the boardrooms of China, Korea and Japan among others.”
The federal government is also investing $1-million on the initiative.