Latest news and feature stories
Alberta continues to position itself as a top destination for net-zero clean hydrogen production
Alberta’s clean hydrogen economy continues to grow with a proposed $2.5 billion investment from Northern Petrochemical Corporation.
The company signed a historic land purchase agreement with the Municipal District of Greenview for a 295-acre parcel to develop a carbon-neutral integrated ammonia and methanol complex, announced today in Grande Prairie. The proposed complex will be located within the Greenview Industrial Gateway (GIG), a world-class, heavy eco-industrial development focused on value-added petrochemical development. The project is expected to create up to 4000 near-term construction jobs and 400 permanent full-time jobs once operational in the region.
Amazon Web Services announces $4.3B to establish cloud computing operation in Calgary
Global tech giant Amazon Web Services (AWS) announced today a significant investment in Alberta’s tech and innovation ecosystem. They plan to invest up to $4.3 billion by 2037 on a new cloud computing operation in Calgary, Alberta.
This significant investment in Alberta’s tech and innovation ecosystem is expected to create more than 950 jobs.
Invest Alberta announces new Chief Executive Officer
The Board of Directors for Invest Alberta is pleased to announce Rick Christiaanse as its next Chief Executive Officer effective October 25, 2021.
Rick is a seasoned senior executive in the corporate, public, and not-for-profit sectors and brings decades of senior business leadership experience driving growth and completing multi-million-dollar investments globally. He offers a breadth of knowledge extending from the high-tech ecosystem for both start-ups and billion-dollar enterprises to working hand-in-glove with governments and not-for-profit organizations.
Calgary-Banff Rail Passenger Project enters development phase
Invest Alberta Corporation (Invest Alberta), the Government of Alberta’s Ministry of Transportation (Alberta Transportation) and the Canada Infrastructure Bank (CIB) are pleased to announce a detailed MOU to continue to advance the project. The CIB has reaffirmed support for the project and will continue to consider a long-term investment.