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Nearly 2,000 new jobs created by companies lured to Calgary, committee told Calgary Economic Development says it expects to make more headway in 2017 Posted: May 16, 2017 1:02 PM MT Last Updated: May 16, 2017 1:02 PM MT Mary Moran, president and CEO of Calgary Economic Development, says an infusion of cash has helped her organization lure businesses to the city. (Mark Matulis/CBC) Oil and gas not coming back this time, say majority of local businesses in survey Calgary Economic Development told a city council committee that a one-time injection of cash is helping it to reach more companies and bring jobs to the city. Last year, city council approved giving the agency an additional $7 million to help lure companies to Calgary Council committee votes to spend more on promoting Calgary CEO Mary Moran told the priorities and finance committee that in the past 15 months, 53 companies have set up shop here. Those companies have created 1,950 jobs. She said the additional cash from city council has helped with their outreach in finding and courting potential leads. "It's allowed us to put more feet on the ground, go to more places and tell Calgary's story to more companies," said Moran. But this type of work isn't always about the big score. "I don't so much focus on the number of jobs as I do the number of companies," said Moran. "With respect to the number of companies, we're doing kind of double what we used to do and hope to do triple in 2017 than what we used to do during the good days." While council provided the $7 million boost, only about one-third of that cash has already been spent.

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