Calgary, Canada: innovation profile

Calgary is number 117 in the 311 Innovation Cities Index, with an innovation score of 47. It is home to 8 R&D labs, 3 startups, 10 investors and 8 of the world's largest companies in the 311 Institute directories.

Part of the 311 Innovation Cities Index (311institute.com). Last updated 7 October 2026.

Largest companies

• Cenovus Energy Inc. (#225)
• Canadian Natural Resources Ltd (#292)
• Pembina Pipeline Corp (#1172)
• South Bow Corp (#2205)
• Transalta Corp (#2374)
• PRECISION DRILLING Corp (#2711)
• Vermilion Energy Inc. (#2742)
• Baytex Energy Corp. (#2991)

Startups

• Cnergreen
• Helium Evolution
• HelpSeeker Technologies

Investors

• 32 Degrees Capital
• Annapolis Capital
• Arc Financial
• Azimuth Capital
• Azimuth Capital
• Azimuth Energy Partners
• Carbon Infrastructure Partners
• Longbow Capital
• Triwest Capital Partners
• Werklund Family Office

R&D labs

Alberta Health Services, Alberta Health Services, Canadian Institutes of Health Research, Libin Cardiovascular Institute of Alberta, Mathison Centre for Mental Health Research and Education, O'Brien Institute for Public Health, Provincial Laboratory of Public Health, University of Calgary.