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Alberta’s technology and innovation sector is growing and attracting investment, with Applexus Technologies the latest company to choose Alberta. When their downtown Calgary office is fully open, the company expects to create 125 jobs. This investment is due to the continued efforts of Alberta’s government to strengthen and grow Alberta’s economy, attract new investment and create jobs.
“Because of Alberta’s low corporate taxes, reduced red tape, skilled workforce and a strong investment attraction program, Alberta continues to be the destination of choice to do business in Canada. Applexus coming to Calgary is yet another vote of confidence in our province’s economy.”
“Alberta’s tech sector is on fire. We are seeing record levels of investment leading to more jobs and a more diversified economy. Applexus’ decision to set up a Canadian Headquarters in Calgary is yet another vote of confidence in Alberta’s reputation as an exciting tech hotspot.”
“Alberta’s government is opening the door for job creators with our strong fiscal policies that are building a climate where more and more businesses can thrive. Applexus’s decision to invest in Alberta is a massive win for our province, strengthening our growing tech sector, creating more well-paying jobs for Albertans and contributing to the Renewed Alberta Advantage.”
Through the Investment and Growth Fund (IGF), Alberta’s government will invest $1.43 million in Applexus, a global leader in business technology. Applexus is a premier technology services provider and a leader in data analytics, which helps transform businesses through consulting and SAP services. Applexus currently has offices in the United States, United Kingdom, Middle East and India.
After considering other cities and provinces, Applexus chose Calgary for its air connectivity to the U.S. market, Alberta’s business-friendly economic climate, and access to educated and skilled workers. The IGF investment was the incentive that sealed the deal.
"Applexus is built on our foundational beliefs in innovation and changing lives in the communities we serve. The IGF award enables us to expand our presence in the country and bring premium job opportunities to the province. We would like to extend our sincere gratitude to the Government of Alberta for their support and trust in our values, vision and overarching goals."
“Applexus is a welcome addition to Alberta’s tech and innovation sector, and we are excited the company has chosen our province to establish its Canadian headquarters. This investment in Alberta will help support our local economy through the creation of 125 new jobs over five years while giving Applexus access to the skilled talent Alberta is known for so it can thrive in a rapidly growing sector. The support the company received from the Government of Alberta, Invest Alberta and Calgary Economic Development positioned our province as a destination of choice and is a tangible example of Alberta’s world-renowned ‘make it happen attitude’ when it comes to global investment.”
“Calgary has the talent pipeline, access to global markets and competitive business environment for technology leaders like Applexus to thrive. With one of the fastest-growing tech workforces in North America, Calgary is a city of innovation and opportunity where bright minds and big ideas come together to do game-changing work across industries.”
Invest Alberta and the Government of Alberta have been working closely to attract and retain high-impact investment to the province.
Created in 2021, the IGF was designed to attract high-impact investments to Alberta or to retain businesses that might be attracted by competing jurisdictions.
Budget 2022 increased the annual fund allocation to $15 million from $10 million, including $5 million for a rural stream.
The project with Applexus builds on the success of the IGF.
In November 2021, Ontario-based GoodLeaf Farms chose Alberta to build an indoor vertical farm in Calgary.
In July 2022, the Canadian division of USG Corporation announced it would build a wallboard manufacturing plant in Wheatland County.
In October 2022, Southland Trailers chose to expand and build a new plant in Lethbridge County that will double its production capacity.
In December 2022, Siwin Foods chose to expand in Edmonton with a new food production facility.
Invest Alberta liaises with both the government and business to identify and attract job-creating investment from companies across the globe.