WESTERN ECONOMIC DIVERSIFICATION CANADA

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As Canada's regional economic development agency for Western Canada, Western Economic Diversification Canada (WD) strives to maintain Western Canadaโ€™s competitive position by investing in projects and activities that help improve productivity and competitiveness through the development, adoption and commercialization of new technologies and business processes. WD also supports higher value-added production and access to international markets. Abundant natural resources, thriving technology ... and services sectors, and low business costs make Western Canada an attractive place to do business. Its geographic proximity to Asian markets, access to inland and sea ports, and excellent transportation services to locations throughout North America have created increased efficiencies in exporting products to international markets. Western Canada is a significant contributor to the overall Canadian economy. In 2014, Western Canada accounted for 38% of Canadaโ€™s real gross domestic product (GDP) by industry and 42% of Canadaโ€™s exported goods.1 Western Canadaโ€™s export activity is closely linked to the largest economy in the world, the United States, and increasingly to the large and growing economies of the Asia-Pacific. The United States is Western Canadaโ€™s closest trading partner accounting for roughly 77% of goods exported from Western Canada in 2014. In the same year, exports to the Asia-Pacific region accounted for roughly 15% of Western Canadaโ€™s total exports; a 24% increase over the past 5 years.2 Economic growth in Western Canada is anchored by the natural resources sector, with resource-based goods accounting for approximately 68% of total exported products in 2014. This focus has been a benefit to the economy by providing the foundation for the creation of industry clusters in sectors such as mining, forestry, oil and gas and agriculture.

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WESTERN ECONOMIC DIVERSIFICATION CANADA

Social Links:

Industry:
Association Government

Founded:
1987-01-01

Address:
Edmonton, Alberta, Canada

Country:
Canada

Website Url:
http://www.wd-deo.gc.ca

Total Employee:
251+

Status:
Active

Contact:
(780)495-4164

Technology used in webpage:
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Current Employees Featured

jaxson-khan_image

Jaxson Khan
Jaxson Khan Policy Advisor, Office of the Minister of Innovation, Science, and Industry @ Western Economic Diversification Canada
Policy Advisor, Office of the Minister of Innovation, Science, and Industry

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Cathy McLean
Cathy McLean Chief Financial Officer @ Western Economic Diversification Canada
Chief Financial Officer

Investments List

Date Company Article Money raised
2021-04-21 Virtual Gurus Western Economic Diversification Canada investment in Seed Round - Virtual Gurus 1.7 M USD
2020-12-18 Co.Labs Western Economic Diversification Canada investment in Grant - Co.Labs 2.08 M USD
2020-05-21 Platform Calgary Western Economic Diversification Canada investment in Grant - Platform Calgary 30 K USD
2019-09-05 Umay CARE Western Economic Diversification Canada investment in Debt Financing - Umay CARE 276.35 K USD
2019-09-05 Clinisys EMR Western Economic Diversification Canada investment in Debt Financing - Clinisys EMR 907.88 K USD
2019-09-05 NanoSpeed Diagnostics Western Economic Diversification Canada investment in Debt Financing - NanoSpeed Diagnostics 804.81 K USD
2019-09-05 Quantiam Technologies Western Economic Diversification Canada investment in Grant - Quantiam Technologies 2.37 M CAD
2019-09-01 HTEC Hydrogen Technology & Energy Western Economic Diversification Canada investment in Grant - HTEC Hydrogen Technology & Energy 875 K CAD
2019-08-28 Quantiam Technologies Western Economic Diversification Canada investment in Grant - Quantiam Technologies 773.37 K CAD
2019-08-26 Avena Foods Western Economic Diversification Canada investment in Debt Financing - Avena Foods 1.8 M USD

Newest Events participated

bctech-summit-2018_event_image Participated in BCTECH Summit 2018 on 2019-03-11 as sponsor

Official Site Inspections

http://www.wd-deo.gc.ca Semrush global rank: 3.85 M Semrush visits lastest month: 3.4 K

  • Host name: www.deo.gc.ca
  • IP address: 205.193.96.10
  • Location: Edmonton Canada
  • Latitude: 53.5064
  • Longitude: -113.428
  • Timezone: America/Edmonton
  • Postal: T6B

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