Alberta is a global leader in agricultural technology (agtech), blending innovation with tradition to navigate economic uncertainties and drive long-term growth. With shifting U.S. tariffs and climate challenges, Calgary’s agribusiness sector is embracing new strategies to future-proof itself.
In an article written by Calgary Economic Development (CED), Vice President of External Affairs Geraldine Anderson highlighted the risks tariffs pose to jobs and prices, emphasizing the need for market diversification. CED’s Foresight Manager, Rachelle Bugeaud, discussed how the organization uses strategic foresight to anticipate industry shifts, identify future skills, and develop long-term sector strategies.
Alberta’s agribusiness sector spans primary agriculture, food manufacturing, distribution, and rail services. Despite setbacks like the 2021 drought, Canada’s primary agriculture industry has rebounded to pre-pandemic GDP levels, with Alberta contributing $21 billion in 2023. The province leads Canada in farm operating revenue and employs half a million people.
With Alberta exporting six percent of its non-energy goods to the U.S., diversification is key. Markets like China, Japan, and Turkey are increasingly important for Alberta beef and canola.
The article also highlighted insights from Olds College’s Ormann, who noted that the future agricultural workforce will largely come from urban areas. As the industry embraces advanced technologies, attracting new talent with diverse skill sets will be essential.
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