Calgary To Boost Industrial Development With New Incentives, Action Plan

Calgary is updating its Citywide Growth Strategy with a new Industrial Action Plan to boost industrial development, supporting economic diversification and population growth. Industrial sectors contribute significantly to GDP, jobs, and property tax. The plan includes modernizing policies, infrastructure investment, and introducing incentives to attract development. If successful, it could create 2,400 jobs, add $540 million to GDP, and increase tax revenues by 2031.