Calgary Economic Development
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Calgary Economic Development is a conduit, connector, catalyst and storyteller for the city of Calgary. Be part of the energy.
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Calgary Economic Development
- 1. Click to edit Master title subtitle 12 June 2015
- 2. agenda overview of overview of calgary
- 7. leading indicators 7 Vancouver Edmonton Calgary Toronto Ottawa Montreal Canada 2014 Economic Region Population Growth 34,363 1.2% 42,290 3.2% 50,943 3.5% 88,872 1.4% 11,182 0.9% 23,581 1.2% 386,140 1.1% 2014 GDP Growth (Q4 2013 – Q4 2014) 3.7% 5.4% 4.4% 2.9% 0.6% 2.2% 2.4% Unemployment Rate (April 2015) 6.2% 6.3% 5.5% 7.1% 6.6% 8.3% 6.8% Participation Rate (April 2015) 63.9% 73.1% 74.7% 66.5% 69.4% 66.5% 65.9% Employment Rate (April 2015) 60.0% 68.5% 70.5% 61.8% 64.8% 61.0% 61.4% Downtown Office Vacancy Rate (Q1 2015) 7.4% 10.1% 11.8% 5.7% 9.2% 11.0% 8.9% Benchmark Housing Price & Growth (Single Family, April 2014-April 2015) $1,080,000 12.6% $410,000 2.2% $494,200 2.4% $637,700 9.8% $358,000 0.3% $319,100 1.2% $564,000 5.8% YTD Housing Starts (January 2015 – April 2015) 6,286 6,791 3,954 11,516 1,202 3,206 44,946
- 8. -4% -2% 0% 2% 4% 6% 8% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 AnnualGDPGrowth Calgary CMA Annual GDP Growth Sources: Conference Board of Canada
- 9. 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 UnemploymentRate Population/Employment Calgary CMA Key Economic Characteristics Population Employment Unemployment Rate Canadian Average Unemployment Rate Sources: Statistics Canada
- 10. Information and Cultural Industries (2.7%) Information and Cultural Industries (1.6%) Public Administration and Defence (5.4%) Public Administration and Defence (2.6%) Finance, Insurance and Real Estate (6.0%) Finance, Insurance and Real Estate (5.3%) Manufacturing (8.5%) Manufacturing (6.3%) Transportation and Warehousing (6.0%) Transportation and Warehousing (6.4%) Primary and Utilities (10.8%) Primary and Utilities (8.3%) Construction (5.9%) Construction (10.5%) Personal Services (11.8%) Personal Services (12.1%) Wholesale and Retail Trade (17.3%) Wholesale and Retail Trade (13.9%) Non-Commercial Services (15.1%) Non-Commercial Services (16.5%) Business Services (10.5%) Business Services (16.7%) 1987 2014 Calgary Employment by Industry Total Employment: 372,759 Total Employment: 797,298
- 11. Information and Cultural Industries (1.1%) Information and Cultural Industries (2.9%)Personal Services (2.9%) Personal Services (3.8%) Transportation and Warehousing (2.8%) Transportation and Warehousing (4.6%)Manufacturing (3.7%) Manufacturing (5.8%)Non-Commercial Services (6.6%) Non-Commercial Services (7.0%)Wholesale and Retail Trade (5.8%) Wholesale and Retail Trade (7.9%) Construction (4.6%) Construction (9.0%) Business Services (4.5%) Business Services (9.6%) Finance, Insurance and Real Estate (10.0%) Finance, Insurance and Real Estate (15.3%) Primary and Utilities (54.9%) Primary and Utilities (31.5%) 1987 2014 Calgary GDP by Industry Total GDP $50.3 Billion Total GDP $117.0 Billion Public Administration and Defence (2.6%) Public Administration and Defence (2.6%)
- 12. overview of
- 13. We advance opportunities for smart growth to achieve individual, business and community potential for the Calgary Region.
- 14. Calgary Economic Development is a conduit, connector, catalyst & storyteller. We are opportunity-makers, helping to spark and fuel Calgary’s growth.
- 15. about Calgary Economic Development 30+ employeeswholly-owned subsidiary of the City of Calgary with separate Board $4.5 million annually from City $7.6 million operating budget 16
- 16. Action Calgary is a corporate partnership program that engages Calgary business leaders’ support to shape and share Calgary’s story.
- 17. Action Calgary
- 19. building on our energy an Economic Strategy for Calgary
- 21. 31 3 co-lead 11 Actions Lead 42 co-lead 41 co-lead 2 Post-Secondary Institutions 2 1 1 2 co-lead1
- 22. everyone’s invited to be part of the energy
- 23. Social energy helped make Calgary the fifth most livable city in the world. Economist Intelligence Unit, 2014
- 24. Calgary’s creative energy will fuel the Calgary Film Centre – now local producers can tell Alberta’s story from a world class
- 27. 18
- 28. sectors
- 29. upcoming business development events 19 The Van Horne Institute Renewable Electricity Conference May 28, 2015 Calgary Vancouver June 4, 2015 Edmonton Global Petroleum Show June 9-11, 2015 Calgary Stampede Investment Forum July 5-7, 2015 Calgary Economic Outlook September 21, 2015 Calgary Banff Venture Forum September 24-25, 2015 Calgary CanSIA Solar West Conference October 2015 Calgary Canada Energy Supply Chain Forum October 27-29, 2015 Calgary iTech Fall 2015 Calgary Globe 2016 March 2-4, 2016 Vancouver
- 30. energy
- 31. renewable energy
- 32. • Home to major private industry and academic research centres and business incubators including GE Innovation Centre, Shell Technology Centre and the Alastair Ross Technology Centre • Kinetica Ventures works with the energy industry to identify its leading challenges and make connections to the world’s most promising, emerging technologies • Quest project; the first commercial scale carbon capture and storage project in the oil sands industry, will capture approx. one billion tonnes of CO2/year technology 33
- 34. real estate 21
- 35. • Calgary’s financial services sector has handled approximately 12% of the global energy deal volume over the past five years • 17 of the top 20 global investment banks have a presence in Calgary • In March 2014, Calgary ranked 22 out of 77 global financial centres on the Global Financial Centre Index financial services 36
- 37. film, tv & creative industries 38
- 38. agriculture
- 39. • Highest population growth in 2013 at 4.4 per cent • Highest total labour force growth over the past 10 years (2004-2013) at 27.5 % • Lowest average annual unemployment rate over the past 10 years (2004-2013) at 4.8 % workforce 40
Hinweis der Redaktion
- Top three countries of birth for immigrants to Calgary CMA –Philippines (10.9 per cent), India (10.0 per cent) and China (9.5 per cent)
- Sources: Calgary Real Estate Board, Canada Mortgage and Housing Company, CBRE, City of Calgary, Conference Board of Canada, Statistics Canada, U.S. Energy Information Administration
- Business Services – Management of companies, administrative and other support services to a business (janitorial, waste management, employment services, corporate travel arrangements) Non-Commercial Services – Education, Healthcare and Social Services Personal Services – A service provided to a person: Automotive repair, dry cleaning, hair salons, funeral services, religious organizations Primary and Utilities – Agriculture, forestry, fishing, hunting, mining, quarrying and oil and gas extraction Administration and Defense – Municipal, provincial and federal government administration, aboriginal public administration, military Information and Cultural Services – Publishing, broadcasting, film & television, telecommunications, data processing and software
- Business Services – Management of companies, administrative and other support services to a business (janitorial, waste management, employment services, corporate travel arrangements) Non-Commercial Services – Education, Healthcare and Social Services Personal Services – A service provided to a person: Automotive repair, dry cleaning, hair salons, funeral services, religious organizations Primary and Utilities – Agriculture, forestry, fishing, hunting, mining, quarrying and oil and gas extraction Administration and Defense – Municipal, provincial and federal government administration, aboriginal public administration, military Information and Cultural Services – Publishing, broadcasting, film & television, telecommunications, data processing and software
- What we do
- How we do the work
- Starting with our organization Board Chair – Steve Allan Heavily depend on our Action Calgary partnerships to promote Calgary, develop programs and attract FDI and have very strong relationships with 60+ partners including the PSI’s, non-profit organizations, and private sector, civic partners and the City.
- The thought leadership and generous financial support from this group of visionary Calgarians supports Calgary Economic Development in delivering award-winning initiatives and programs, drive economic and individual prosperity and better compete on the global stage. We celebrated our 5th year of the partnership program last year with many partners celebrating that milestone with us.
- Corporate Partnership Program We have more than 60 partners representing the diverse nature of the Calgary economy, including the 5 PSI’s, small local businesses, and large, multi-national corporations.
- Vision Calgary is a city of boundless energy. The source of our energy and economic success is our sense of community and our commitment to shared prosperity and sustainable development. We welcome everyone to be part of the energy. Mission To align The City of Calgary, its civic partners, private sector and other community organization in achieving economic competitiveness, embracing shared prosperity and building a strong community Our goals lead to six areas of focus: collaborative, innovative, people, global, creative and entrepreneurial energy Note: This is a community wide strategy
- Vision Calgary is a city of boundless energy. The source of our energy and economic success is our sense of community and our commitment to shared prosperity and sustainable development. We welcome everyone to be part of the energy. Mission To align The City of Calgary, its civic partners, private sector and other community organization in achieving economic competitiveness, embracing shared prosperity and building a strong community Our goals lead to six areas of focus: collaborative, innovative, people, global, creative and entrepreneurial energy Note: This is a community wide strategy
- 61 actions in the 2008 We never started 10, we stopped 14 and although 37 made some natural progress only 5 were completed. – 29 strategies were taken from the old, revised, condensed and collapsed And we added 12 net new ones to come up with 31 actions.
- Marketing & Communications -
- Marketing & Communications -
- WORKshift is a management strategy/culture by which employees are empowered to work where and when they are most effective with a focus on results rather than presenteeism.
- Should we add T&L forum?
- According to the Government of Canada – Energy Markets Fact Book (page 18 http://www.nrcan.gc.ca/sites/www.nrcan.gc.ca/files/energy/files/pdf/2014/14-0173EnergyMarketFacts_e.pdf) Canada is responsible for 4% of the world production of crude oil and 4% of the world production of natural gas (page 38). Alberta is responsible for 76% of Canadian crude oil production (page 20) – meaning Alberta is responsible for 3% of global production. Similarly, Alberta is responsible for 74% of Canadian natural gas production (page 42), therefore Alberta is responsible for 3% of global production.
- Stat 1: Source – Calgary Transit Stat 3: Source – Natural Resources Canada http://www.nrcan.gc.ca/sites/www.nrcan.gc.ca/files/energy/files/pdf/2014/14-0173EnergyMarketFacts_e.pdf , Calgary ranks second out of 17 major Canadian cities for photovoltaic potential and in global terms, Calgary has more potential than places like Rio de Janeiro and Rome. ENMAX Energy Corporation has helped Albertans install home solar system which have produced over one million kilowatt hours (kWh) of solar power for their homes - https://www.enmax.com/home/renewable-energy
- Employed numbers and business counts are from Calgary CMA – 2014