Jason Kenney's budget cuts are bad news for Alberta's tech sector - 2019-11-01
Calgary's growing tech sector has been held up as a way for the city to shift from an energy industry that has been stuck in a downturn for years, but deep funding cuts from the provincial government have put that sentiment in doubt.
The city and its economic development agency have been trying to attract new tech companies and the jobs that come with them, as a means of diversifying Calgary's economy. The oil sector has shed tens of thousands of jobs in the wake of a price crash five years ago.
Those efforts have been hampered by a lack of higher-end skilled talent, lower salaries and preconceptions that Calgary is cold and remote. As well, even the best-trained oil-patch workers don't necessarily have the skills needed to quickly transition into the tech sector.