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Downtown Edmonton is Canada’s New Hot Spot for Technology Firms

Alberta’s capital city of Edmonton is historically known not only for being the seat of the provincial government but also as one of the largest oil and gas sector bases in all of Canada. Now, downtown Edmonton is building its reputation as a technology hotspot.

Recent reports in Alberta media this month have documented the growth in start-ups, relocations and expansions specifically in the downtown core.  Software firms, gaming companies and other technology businesses are taking over both commercial office space and engaging with technology incubators in the city.  The sector is making up for last year’s decrease in oil and gas-related real estate investment and, equally important, is attracting additional technology businesses that are seeing complementary growth in the sector.

Edmonton is located in central Alberta and has a population close to one million people.  The metropolitan region is home to over 1.8 million people.  Technology companies who join Edmonton’s fun-loving community can tap into the city’s reputation for advanced education at the Northern Alberta Institute of Technology (NAIT) and the University of Alberta.  The latter is a “top 5” Canadian university and one of the top 100 universities in the world with world-leading areas of expertise in paleontology, forestry, petroleum engineering, geology and transplantation.

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